BONY - feels like working for the government in pay and culture. - Operations Specialist BNY Employee Review

2.0
Jun 18, 2008
Recommend
CEO approval
Business Outlook

Pros

The hours are short and amount of stress minimal. If you show any initiative and stick around for a while, you can move up the ranks.

Cons

The company being known as an custodial and back-office bank offers many dead-end, government-like jobs. The staff is definitely not "best of breed" and some are borderline retarded. There are other more interesting parts of the company (e.g., private banking, asset management) but it is hard to get into from the custodian side.

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5.0
May 21, 2026
Recommend
CEO approval
Business Outlook

Pros

Good work environment and people

Cons

Difficult to switch roles or departments

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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