Managing Director - Managing Director BNY Employee Review

2.0
17 Aug 2015
Recommend
CEO approval
Business outlook

Pros

For an entry level employee, an opportunity to develop experience that could be used to obtain another position.

Cons

There is still limited integration between the BONY and Mellon businesses, both in the people and systems, even now 8 years after the merger. Culture supports employees that actively avoid assisting other employees understand the complex systems across the Bank leading to no efficiency or communications within the Bank. Bank employees have no interest in the long term success of the Bank due to this "culture" and are either actively looking to move to other opportunities or hoping to reach full pension (at least until the ongoing plan for grandfathered employees was recently frozen). Not much to recommend this place. The only employees who seem to enjoy the work are those who have found a niche where they do not have to communicate with other departments of the Bank. Even then, compensation is low in relation to the industry.

Explore other reviews about BNY

5.0
23 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Really technology driven and laid back first

Cons

Low salary for new associates.

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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