Poor management, and only getting worse - Product Manager BNY Employee Review

2.0
1 Jun 2019
Recommend
CEO approval
Business outlook

Pros

Big firm, variety of benefits, numerous office locations

Cons

Management with no clear direction or strategy. Cost cutting is number 1 here, not organic growth. Employees do not matter very much to them. Technology drives development, Product and business experts generally take back seat. Even when good strategies are defined, execution is always terrible due to mismanagement or office politics. Pay is terrible, and promotions are lacking.

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3.0
30 Jun 2026
Recommend
CEO approval
Business outlook

Pros

After the latest re-structuring and going agile, I don't find any. But before, a stable bank with a good book of work. Positive environment with support from your colleagues. Industry standard medical plan and vacations.

Cons

Bonuses and salary raises are hugely dependent on who you know in the senior management and how they perceive you rather than what you actually delivered.

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