Good to start a career, but not the place to progress - Fund Accountant I BNY Employee Review

3.0
Jan 31, 2015
Recommend
CEO approval
Business Outlook

Pros

Learn good skills Company is starting to find some direction If you reach out, there are people who are willing to help/mentor There's a variety of employee resource groups that help build skills outside of work

Cons

Benefits such as mentoring and professional development programs are not publicized so people don't take advantage of them The pay is disrespectful. Far under what the street is offering. The work is not engaging and you feel like your working towards no goal No training Lack of staff Managers don't communicate well People are ok with the way things are No reward for hard work

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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