Short Time Employer : The Bank of New York Mellon - Market Specialist - Operations BNY Employee Review

2.0
Feb 2, 2009
Recommend
CEO approval
Business Outlook

Pros

You need money to pay your bills

Cons

Except for the slim payslip, thanks God I still have one in these hard times, I am still looking for a good reason to work for BNY Mellon. The Bank is organized as a data plant, there ia an extreme appointment of jobs like in the Ford factories in the first decades of XX century, as a consequence the daily tasks assigned to one employee are limited and of course repetitive till the vomit. The organization is extremely hierarchized, market specialist are controlled by controllers, controllers by the team leaders, the team leaders by Team Managers of firts level who are controlled by Managers of second level which are controlled by the Department Manager. The atmosphere is apparently informal and young but in the end is very very very traditional: your Boss is your Boss and you have to bells him beacuse you have a job.

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
See reviews by: Helpful|Rating|Date|All