BNY Mellon Reviews | Glassdoor.ca

BNY Mellon Reviews

Updated 18 Oct 2019

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3.1
StarStarStarStarStar
Rating TrendsRating Trends
50%
Recommend to a Friend
100%
Approve of CEO
BNY Mellon CEO Todd Gibbons
Todd Gibbons
8 Ratings
Pros
Cons
  • "Senior management just like every corporation pays lip service to retaining top talent at the same time that talent is being shown the door(in 132 reviews)

  • "Extra hours during tax seasons are hard on that work life balance(in 117 reviews)

More Pros and Cons
  1. Helpful (1)

    "Excellent Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Relationship Manager 
    Positive Outlook
    Approves of CEO

    I worked at BNY Mellon full-time for more than 8 years

    Pros

    Employee friendly and valuing hard work.

    Cons

    very slow in all internal processes.

    BNY Mellon2018-10-20
  2. "Associate Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate Consultant in Toronto, ON
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at BNY Mellon full-time for more than a year

    Pros

    The workload and compensation are reasonable.

    Cons

    Low upside career potential and slow progression.

    BNY Mellon2019-09-08
  3. "Long-term employee"

    StarStarStarStarStar
    Current Employee - Lead Consultant in Toronto, ON

    I have been working at BNY Mellon full-time for more than 10 years

    Pros

    Good experience in ever changing environment

    Cons

    Large organization, work to stay connected

    BNY Mellon2019-07-30
  4. "More investment in talent and technology"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Manager of Operations 

    I have been working at BNY Mellon full-time for more than 5 years

    Pros

    Good initiatives and intention to change; have exposure to different services and LOBs

    Cons

    Lack of investment in continuous improvement and learning to update skill set and stay relevant; too consumed by BAU to make transformational change

    Advice to Management

    More investment in talent and technology

    BNY Mellon2019-06-03
  5. "New graduate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Applications Developer 
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at BNY Mellon full-time for more than a year

    Pros

    good training, work life balance

    Cons

    laid back working enthusiasm in the staff

    BNY Mellon2019-05-15
  6. "Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends

    I worked at BNY Mellon full-time for more than a year

    Pros

    Good company to work for women

    Cons

    Cab issues and distance to work

    BNY Mellon2019-03-06
  7. Helpful (4)

    "Horrible Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Analyst in Toronto, ON
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at BNY Mellon full-time for more than 3 years

    Pros

    1) Decent office location in Downtown Toronto. 2) 9 to 5ish work hours

    Cons

    The whole Toronto office is a glorified Sales office to sell sub-par investment performance to trusting Canadian individuals and institutions. Management lack any expertise. Below market salary No training Toxic culture No esprit d'corp No professional progression available No career development Intellectual wasteland (using Excel Macros is a transformative innovation) No positive feedback or interaction... with management Admin/reception staff are morons Made to show up to work during Christmas holidays even though there is no work during that season False promises of paying for professional education such as CIM, CFA, CSC, etc. - they will find some loophole to weasel out of it

    Show More

    Advice to Management

    Too much to write here but in short: get a clue.

    BNY Mellon2019-01-23
  8. Helpful (1)

    "Section Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Toronto, ON
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at BNY Mellon full-time for more than 5 years

    Pros

    Job security and log term career.

    Cons

    low salary and benefits for employees

    Advice to Management

    review pay scale to improve performance

    BNY Mellon2018-11-05
  9. Helpful (3)

    "Terrible management, zero progression"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Toronto, ON
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at BNY Mellon full-time for more than 5 years

    Pros

    Friendly co-workers but that is it

    Cons

    Very poor salary Management afraid of actually managing staff correctly Zero training Negative environment No team culture No positive feedback or interaction with management

    Advice to Management

    Invest in training for managers to learn how to Development, coach and support their staff.

    BNY Mellon2018-10-26
  10. Helpful (1)

    "Disappointing"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Specialist 
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at BNY Mellon full-time

    Pros

    I really can't think of any.

    Cons

    Very toxic environment, people tend to blame others for everything. Very stressful job and management gave very harsh reviews.

    Advice to Management

    Your employees are people, respect the learning curve, don't base your judgement on rumors.

    BNY Mellon2018-09-04
Found 4732 reviews