BNY reviews

3.4

55% would recommend to a friend

(13,793 total reviews)
avatar

Robin Vince

62% approve of CEO

56% positive business outlook

BNY has an employee rating of 3.4 out of 5 stars, based on 13,793 company reviews on Glassdoor which indicates that most employees have a good working experience there. The BNY employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

14K reviews
3.0
Oct 4, 2008
Recommend
CEO approval
Business Outlook

Pros

Safe and stable. Despite the "Bank" in the name, not a traditional bank. Mostly asset servicing, asset mgt and private wealth.

Cons

Different units never seem to know what the others are doing. For example, we sell accounting services and analytical software. But most internal units use products from competitors. Something like 19 different accounting systems used at the various asset mgt units. And they go outside to Barra, FactSet and RiskMetrics instead of in-house products. To contrast, the largest user of Yield Book is Citigroup. If a product or service isn't used by your own people, how good can it be?

3.0
Sep 19, 2008
Recommend
CEO approval
Business Outlook

Pros

nice offices, and some nice people. We get in someways overloaded with information, which if I didn't have a job to do I could spend the whole day reading. I'm glad they got out of the mortgage business and happy they are conservative.

Cons

no promotional opportunities. cubicles are small, , not enough people, layoffs frequently. Would like closer scrutiny of the managers in Jersey City, they have some very weak ones.

5.0
Sep 18, 2008
Recommend
CEO approval
Business Outlook

Pros

There are countless Oppurtunities for Advancement. There is definately Good Work Atmosphere and it is almost enjoyable to go to work every day , Many Friendly People work at the Bank of New York Mellon and it is possible to meet new friends in your coworkers. For entry level jobs, there are a lot of young people working within the company especially due to the ever expanding role that the new company plays in the Corporate Investment marketplace

Cons

Sadly, there is a Low starting salary for most positions and in the entry level jobs there is high turnover in some areas, High workloads at times however most entry level jobs offer the oppurtunity for a salary and overtime

Viewing 13774 - 13776 of 13,793 Reviews

Glassdoor has 15,566 BNY reviews submitted anonymously by BNY employees. Read employee reviews and ratings on Glassdoor to decide if BNY is right for you.