Nice place to coast, but don't expect to grow - Vice President - Technology BNY Employee Review

3.0
Jan 1, 2019
Recommend
CEO approval
Business Outlook

Pros

If you want a place to coast in your career, be able to work from home when you want, this is the place to do it. Things move slowly and it gives you opportunity to learn on the side and other areas of interest.

Cons

It’s the type of company that if someone asks a question about something, it suddenly becomes a hot topic then quickly forgotten about. I was asked to put something together my first day, and it quickly was forgotten about. In addition, I’ve never been in a job where our role isn’t taken seriously or given priority. It doesn’t matter whether it’s trying to get a new tool to help the team, doing actual work, or trying to do a share-point. My second week when my boss left for an on site project, I was given no direction or tasking to complete. Quite a welcome for a new person. Our team was never taken seriously and never taken as a priority by anyone. In addition, if you don’t get in the right role you’ll end up under bank lifers who really don’t care about you professionally and will be happy to give you busy work assignments or tell you to find something else to do. Of course they have enough work for themselves. If you’re driven and like to do things (especially in Technology), this isn’t the place for you. You’ll be schmoozed to death about what work is coming, but in reality you do nothing that is anyone’s priority. You’ll end up sitting around 95 percent of the time with occasionally getting some emails or a response on the few things you actually work on. Everyday feels like it’s a slow time of year since the pace of work is slow. “The holiday season” exists from November to March, and “summer vacation season” lasts May through September if you get my vibe. My management never tried to get us more work as much as they said they did. My direct boss was a nice person. Also, I saw my boss’ boss maybe a total of 5 times. He basically would be a ghost while providing the team manager real work to do, all while he pretended to know and pretended to care what we worked on with calls once in a while. It’s obvious he could give a crap about his people considering he didn’t even reach out to any of us who left out after 10 months or a year and a half. Oddly enough I’d see his bosses at least 2-3 times a month. By far the weirdest place for technology. If you are ready to coast and transition from an operations role, it’s a great place. If you’re motivated and like to learn and not work part time, stay far away.

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Pros

Really technology driven and laid back first

Cons

Low salary for new associates.

4.0
Jul 5, 2026
Recommend
CEO approval
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Pros

There is real opportunity for career and skill growth. The company runs short on head count, so people willing to take on more responsibilities have avenues to progress. However, you will need to force the issue for promotions & large salary increases after you prove your capabilities. Realistically it'll take an external counteroffer to move the needle.

Cons

It's a large bank and you're a number in the system. If your NPV is positive you'll stay, else you'll be laid off. This includes both scenarios you control and those you don't. Ex. You control your performance, in office time and networking You don't control if your location is a strategic growth site, if a major client goes with a competitor, or if you'd be impacted by a general company-wide layoff plan.

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