good ol boys club still exists at this outdated bank - Sales Associate BNY Employee Review

1.0
Jun 1, 2013
Recommend
CEO approval
Business Outlook

Pros

job security and stability due to bank creditworthiness is great if you are an asset to the company. this is a great place to work if you are a man in your mid 30's...you will be managing director once you start showing some gray hair. most of the work is very menial so if you are not very ambitious this place is for you. trustee business is top ranking globally so if you are in sales, you don't even need interpersonal skills since the product sells itself. support people have great hours and get overtime.

Cons

the company pretends to support women in their careers by having a few women in senior positions and has several employee networks to appear to be diversity driven. don't work here if you are a female as you will be subject to longer hours with less pay, sexual harassment, and absolutely no upward momentum in terms of your career. this bank is trapped in the 70's. also, managers are incompetent, borderline abusive, and violate many laws pertaining to discrimination, confidentiality, and forget about having any ethical guidelines. on my first day, i couldn't help but notice how depressed the people in the elevator looked...after sometime i completely understood why.

Explore other reviews about BNY

5.0
Jun 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Really technology driven and laid back first

Cons

Low salary for new associates.

4.0
Jul 5, 2026
Recommend
CEO approval
Business Outlook

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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