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BNY Mellon Reviews

Updated 9 December 2018
3,892 reviews

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BNY Mellon Chief Executive Officer Charles W. Scharf
Charles W. Scharf
337 Ratings

Employee Reviews

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Pros
Cons
  • "overtimes affect the work life balance" (in 86 reviews)

  • "Not much room for growth or learning, not a challenging environment so it is hard to be ambitious" (in 73 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (8)

    "Global Securities Ops"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Global Securities Processing Ops in Pittsburgh, PA (US)
    Current Employee - Global Securities Processing Ops in Pittsburgh, PA (US)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at BNY Mellon full-time (Less than a year)

    Pros

    M-F 8:30am - 5pm, no weekends so far.

    Plenty of time to have healthy hobbies after work, study Techy certifications online to open doors for higher paying salaried positions in the tech related field or Fin-Tech related fields of work.. I HIGHLY Recommend preparing your lunch and healthy snacks for your work desk and get your things in order for work the day before so you can be early to work and feel proud each day giving your best.
    Treats me with Respect, non-biased environment, Interview was Excellent and engaging. Even set my new desk up with a new Dual Screen Monitors and new Computer.

    Coworkers are pleasant, helpful, and respectful of your personal space by default.

    Coworkers genuinely say hello or good morning if you say hello or good morning to them which is good communication environment to start with as opposed to not. Be detailed focused and learn as much as you can, and ask TONS of questions about the older software still being used in the Securities trading game. Its a entire market thing, not by fault of B.N.Y. Mellon by any means.

    Making new programs that work for all your clients is time, personnel, and cost intensive, and only a few companies get lucky enough to buy the program they always dreamed of from a MIT student or Stanford student for a low price. \

    So its definitely a challenge processing things that are DOS based ONLY because the lack of automation and lack of built in Artificial Intelligence in the Securities game.

    There are of course newer programs out there but are not yet widely used, and therefor it would be an immense undertaking for ANY company to make such a switch, especially when the clients and brokers you serve are not asking for the newer programs across the board. So i feel where B.N.Y.

    Mellon is coming from. So there in itself lays the challenges of Global Securities Ops jobs in the USA.

    Cons

    The only way to get in the door, even if you live in the same city as your work location would be, is to apply and professionally network with Temp Agencies whom are contracted with BNY Mellon to Pre-screen potential candidates throught the temp agency instead of directly through BNY Mellon HR. That can be a pro and a con at the same time. Because, if you never thought to apply to this company by means of a temp service, you would possibly wait 1 to 7 years to get hired directly. Depends of course on your background, and who you know in the field you are applying for. (comments are simply based on life experiences)

    Advice to Management

    Continue being awesome...
    Also thank you for the 5 Gallon Water dispensing unit on our floor, super convenient. It even dispenses HOT water for Green Teas and Instant coffee if you are into the healthy energy boosts.


  2. "Senior Fund Accountant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Negative Outlook
    Approves of CEO

    I have been working at BNY Mellon full-time

    Pros

    Great people here, great working environment, management does listen to the lower level employees

    Cons

    Salary, increment and bonus are not high enough

    Advice to Management

    Could look for increment and bonus improvements

  3. "Needs Senior Management Clean Out"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook

    I have been working at BNY Mellon full-time (More than 5 years)

    Pros

    Varied interesting work
    Many good people

    Cons

    Too many political bureaucrats at senior levels


  4. "great work life balance; smart people"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at BNY Mellon full-time

    Pros

    great benefits. Not so stressful. hours are awesome. A lot of freedom.

    Cons

    too many middle managers. compensation slightly lower than industry average.

    Advice to Management

    value your employees. be nimble to fast changing market


  5. "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chennai (India)
    Current Employee - Anonymous Employee in Chennai (India)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at BNY Mellon full-time (More than 3 years)

    Pros

    Great work culture. We have more flexibility in working.

    Cons

    Payscale is not up to the market standard.


  6. "Good Place to work -"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at BNY Mellon full-time

    Pros

    Best Process and New Projects

    Cons

    Internal Politics

    Advice to Management

    work on Employee satisfaction and understand their issue


  7. "Financial reporting"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Reporting Analyst in Bengaluru (India)
    Current Employee - Financial Reporting Analyst in Bengaluru (India)
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at BNY Mellon full-time (More than a year)

    Pros

    overtime, bonus, timings, cab, people

    Cons

    Timings, late nights, politics, promotion

    Advice to Management

    No politics

  8. "A good company with strong products in Investment Banking"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNY Mellon full-time

    Pros

    Work Culture
    Leaves structure
    Work Life Balance

    Cons

    Growth options are limited
    On site opportunities


  9. "Project"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Project Specialist in Pune (India)
    Current Employee - Business Project Specialist in Pune (India)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at BNY Mellon full-time (More than 10 years)

    Pros

    Great HR policies
    Encourages Work Life Balance
    great to work across teams

    Cons

    Transportation has room for improvement

    Advice to Management

    Great to be part of the firm


  10. "Associate Recruiter"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at BNY Mellon full-time

    Pros

    Provide Autonomy, Great Worklife Balance, Usually Fair Practices and Excellent Employee Engagement

    Cons

    Growth opportunities limited, Transport Facility unpleasant, Working space is generic.