BNY Mellon - BNY the pros are the cons, the cons are the pros | Glassdoor
There are newer employer reviews for BNY Mellon
There are newer employer reviews for BNY Mellon

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"BNY the pros are the cons, the cons are the pros"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Equity Analyst in New York, NY
Current Employee - Equity Analyst in New York, NY
Approves of CEO

Pros

The hours are good, but that is because there is no pressure from mangement

Cons

the people are lazy, slow upward movement

Advice to Management

be more demanding of your worker, everyone just glides by

Other Employee Reviews for BNY Mellon

  1. Helpful (1)

    "Good Company with Room for Improvement"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations Specialist in Pittsburgh, PA
    Current Employee - Operations Specialist in Pittsburgh, PA
    Recommends
    Approves of CEO

    Pros

    There are countless Oppurtunities for Advancement. There is definately Good Work Atmosphere and it is almost enjoyable to go to work every day , Many Friendly People work at the Bank of New York Mellon and it is possible to meet new friends in your coworkers. For entry level jobs, there are a lot of young people working within the company especially due to the ever expanding role that the new company plays in the Corporate Investment marketplace

    Cons

    Sadly, there is a Low starting salary for most positions and in the entry level jobs there is high turnover in some areas, High workloads at times however most entry level jobs offer the oppurtunity for a salary and overtime

    Advice to Management

    Appreciate the small people more


  2. "Good, but could be better."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Analyst in Boston, MA
    Current Employee - Senior Analyst in Boston, MA
    Approves of CEO

    Pros

    Safe and stable. Despite the "Bank" in the name, not a traditional bank. Mostly asset servicing, asset mgt and private wealth.

    Cons

    Different units never seem to know what the others are doing. For example, we sell accounting services and analytical software. But most internal units use products from competitors. Something like 19 different accounting systems used at the various asset mgt units. And they go outside to Barra, FactSet and RiskMetrics instead of in-house products. To contrast, the largest user of Yield Book is Citigroup. If a product or service isn't used by your own people, how good can it be?

    Advice to Management

    Work better to develop synergies between units where it makes sense. Obviously groups should be run independently, but where it makes sense to work together (unified asset management reporting), get them to talk to each other. Avoid having units compete with each other. Also don't be afraid to give us bad news. When we aren't doing well, we'll all like to know. Let us know what we can do to grow the business. And finally I'd like to see Excellent promoted across the firm. A lot time we strive to be average, when we could do much better.

There are newer employer reviews for BNY Mellon
There are newer employer reviews for BNY Mellon

See Most Recent

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