BNY Mellon Reviews | Glassdoor.ca

BNY Mellon Reviews

Updated Jun 19, 2019

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Found 4426 reviews

3.0
StarStarStarStarStar
Rating TrendsRating Trends
49%
Recommend to a Friend
49%
Approve of CEO
BNY Mellon CEO Charles W. Scharf
Charles W. Scharf
625 Ratings
Pros
Cons
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. "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
  3. "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
  4. "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
  5. 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...

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    Advice to Management

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

    BNY Mellon2019-01-23
  6. 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
  7. 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
  8. 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
  9. "CDO Department"

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

    I worked at BNY Mellon full-time

    Pros

    Great Company, listen to employees.

    Cons

    Money was not enough for someone living in Dublin as the cost of living is so high.

    Advice to Management

    Give more money to people who are good at their job, no point offering it when they are leaving, it is already too late

    BNY Mellon2016-05-12
  10. Helpful (2)

    "Investment Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Toronto, ON
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at BNY Mellon full-time for more than 5 years

    Pros

    Professional organized first rate classy high standards good usa training limited Canada worldwide organization

    Cons

    Management lacks industry experience. .the only people promoted are lifers 7+ years. Last analyst promoted in 2012...no further or future promotions are scheduled. Work hard no promotions. Annual raise max is 2%. They look for reasons to not give you a good performance review. Bonus paid end of February but raises start in July each year. Most people quit after bonus so they never pay raise. Lots of worldwide...

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    Advice to Management

    Listen to your staff but then again all in power are vice presidents so they know everything. Many haven't ever worked outside of bny Mellon but claim to know how 0the street runs.

    BNY Mellon2016-04-24
Found 4426 reviews