culture and morale deteriorated significantly - Senior Associate BNY Employee Review

2.0
Dec 5, 2025
Recommend
CEO approval
Business Outlook

Pros

This is a comparatively big shop. If you are fresh graduate, and self- starter, you can find a lot of resources and learning opportunities, but you have to find it by yourself. There are a lot of changes/initiatives going on, most of them are not value added to the firm, But, as a fresh graduate or early mid-career professional, these are great opportunities for you to participate, learn some new techs, and most importantly, put on your resume, be ready for your next move.

Cons

In recent years, this company has hired a lot of ex-goldman redundancies, and onboarded a consulting firm to overhaul the company structure. A lot of confusions and inconsistencies have been created out of current initiatives, along with “strategic” offshoring workforce overseas by relentlessly laying off good/experienced domestic employees. As a result, the moral, productivity and operational accuracy have been seriously affected and work environment has become very toxic.

Explore other reviews about BNY

1.0
Apr 28, 2026
Recommend
CEO approval
Business Outlook

Pros

Job only as good as immediate manager. Salary is Ok ish Benefit options are ok not great.

Cons

1) Retaliation is a way of life at this company going back to 2018 and becoming worse since 2) Mid level managers are very efficient at passively insulting the Teams they are responsible for. 3) It is nearly impossible to advance in the company. 4) When you try to post to another department - your Mid level manager will do the best to stop you from advancing. Some have close friends in HR that will even have you submit a new application in an attempt to accuse the other department of recruiting you. I have experienced this. 5) The only way to increase pay and experience is by leaving the company. 6) It use to be a culture of lets help others when there is a problem, now it is lets find who to blame for upper mangers rushing a project before all risks are identified. 7) If you are taking a new Job - professionally push for higher Salary once you are in raises will be very small.

5
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