BNY Mellon Reviews | Glassdoor.ca

BNY Mellon Reviews

Updated 18 October, 2018
3,776 reviews

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3.2
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Approve of CEO
BNY Mellon Chief Executive Officer Charles W. Scharf
Charles W. Scharf
285 Ratings

3,776 Employee Reviews

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Pros
Cons
  • "overtimes affect the work life balance" (in 84 reviews)

  • "Not much room for growth or learning, not a challenging environment so it is hard to be ambitious" (in 73 reviews)

More Pros and Cons

  1. "CDO Department"

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


  2. "Disappointing"

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

  3. "Investment Analyst"

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

    I worked at BNY Mellon full-time (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 jobs but they will never transfer you out of Canada. It's never happened but Americans get promoted to Canada. It's a job not a career place. Blame culture in full affect.

    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.


  4. "Business Analyst"

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

    Pros

    Good chance to travel for implementation projects

    Cons

    Looked down as a burden, if you are not working on any billable projects.


  5. Helpful (1)

    "Corporate Trust"

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

    Pros

    Smart people hard working people.
    Ability to interact with various departments.
    Great learning experience

    Cons

    Very stressful long hours
    Poor management
    Low salary
    No room for growth

    Advice to Management

    Bleek outlook


  6. Helpful (1)

    "Operations exec"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Good place to start out career, flexible, training programs

    Cons

    not many opportunities for advancement, management is not engaged

    Advice to Management

    Hire better employees, have better management employee interaction


  7. Helpful (1)

    "Great experience, heavy workload but lacks fundamental leadership"

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

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

    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.

  8. Helpful (1)

    "Good learning experience but poor compensation and high turnover"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Disapproves of CEO

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

    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


  9. "Data Analyst"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon full-time

    Pros

    Great work environment, everyone is very kind and helpful

    Cons

    Decent pay, could be a little better


  10. "Good"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Applications Developer in Pune (India)
    Current Employee - Applications Developer in Pune (India)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at BNY Mellon full-time (More than a year)

    Pros

    Good environment to work at.

    Cons

    Pay hike is not that good


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