Politics Rule - Principal, Vice President BNY Employee Review

3.0
Oct 8, 2019
Recommend
CEO approval
Business Outlook

Pros

If you are favored, you will can be fast tracked through promotion.

Cons

Pre-merger BNY was an old bank with employees who only knew how to do their job. Fast forward to 2019 and Charlie leaves after cutting about 14% of staff, globally, and filling senior roles with former JPM folks.

Explore other reviews about BNY

5.0
Apr 7, 2026
Recommend
CEO approval
Business Outlook

Pros

Decent pay, Great people, laid back environment, and great managers.

Cons

Pay could be better honestly.

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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