BNY Mellon Reviews

Updated 23 April, 2015
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2.8
1,571 Reviews
Rating Trends
Recommend to a friend
Approve of CEO
BNY Mellon Chairman, President and CEO Gerald Hassell
Gerald Hassell
497 Ratings

Pros
  • Good work-life balance in my department, but not in all areas of the company (in 136 reviews)

  • Many good benefits, however, management was not proactive in developing talent (in 77 reviews)

Cons
  • No room for growth, salaries at lower end in the industry and merit increases are close to zero (in 32 reviews)

  • Plenty of talk but no regard for work life balance (in the technology sector) (in 23 reviews)

More Pros and Cons

Employee Reviews

Sort: Popular Rating Date
  1. Featured Review

    Very satisfied with the company.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great work environment and plenty of departments to expand knowledge.

    Cons

    N/A, Nothing to report on.

    Advice to Management

    N/A

  2. Great experience, heavy workload but lacks fundamental leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Analyst in Toronto, ON
    Current Employee - Investment Analyst in Toronto, ON

    I have been working at BNY Mellon full-time (More than 5 years)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Great exposure to asset management and capital markets investing knowledge. Portfolio strategy work at an early stage in your career can position you well for future prospects.

    Cons

    - Weak/toxic culture
    - Unfair/inadequate compensation
    - lack of upward mobility/performance incentives

    Advice to Management

    People are your business. They are you're inputs and outputs. Take a moment to ensure that your analysts are supported, trained and motivated.

  3. Good learning experience but poor compensation and high turnover

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNY Mellon full-time (More than 5 years)

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Great people to work with. Ability to participate in various projects.

    Cons

    Pay is very low compared to competition, very high turnover. Very little training and development. Processes are inefficient

    Advice to Management

    Increase salaries and retain employees

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Intern

    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern

    I worked at BNY Mellon as an intern

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Great environment and manager to learn from

    Cons

    Rigid structure, full time employees seemed unhappy

  6. IT Project Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Project Manager in Leeds, England (UK)
    Former Employee - Project Manager in Leeds, England (UK)

    I worked at BNY Mellon full-time (More than 5 years)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Great People
    Good variety of work

    Cons

    Governance paperwork was too much
    Some managers in other offices were draconian
    Executive board out of touch with 'shop floor'
    Expectation that same level of service could be achieved with less staff

    Advice to Management

    Learn what is actually like to support clients with day to day reporting and lessening resources and legacy procedures

  7. Great Environment

    Current Contractor - Anonymous Contractor
    Current Contractor - Anonymous Contractor

    I have been working at BNY Mellon as a contractor

    Pros

    The company offers competitive wages.

    Cons

    Do not compensate for parking in downtown locations.

  8. ETF Accountant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - ETF Accountant in Lake Mary, FL (US)
    Current Employee - ETF Accountant in Lake Mary, FL (US)

    I have been working at BNY Mellon

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Good entry level job but look for another job after a year or two

    Cons

    Not able to provide consistant personal growth, hard to clmb the ladder, no pay increases

  9. Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in Pune (India)
    Current Employee - Analyst in Pune (India)

    I have been working at BNY Mellon full-time (More than 5 years)

    Recommends
    Negative Outlook
    Recommends
    Negative Outlook

    Pros

    best place to start for freshers

    Cons

    poor growth opportunities for senior employees

  10. Managing Director

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Managing Director in New York, NY (US)
    Former Employee - Managing Director in New York, NY (US)

    I worked at BNY Mellon (More than 8 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Steady and provides excellent work-life balance.

    Cons

    Low Compensation, Very difficult upward mobility, Office politics

  11. AIS Fund Accountant I

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNY Mellon

    Pros

    Easy to get OT, Helpdesk was fast and helpful

    Cons

    Terrible/non-existent training program, poor communication between teams

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