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BNY Mellon Reviews
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    BNY Mellon Reviews

    Updated 17 October 2017
    3,152 reviews

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    Full-timePart-time
    3.2
    StarStarStarStarStar
    Rating TrendsRating Trends
    Recommend to a friend
    Approve of CEO
    (no image)
    Charles W. Scharf
    31 Ratings

    3,152 Employee Reviews

    Sort: PopularRatingDate
    Pros

    • Excellent Work Life balance,Better Compensation (in 371 reviews)

    • Life and Work are perfectly balanced Great Work Environment (in 178 reviews)

    Cons
    More Pros and Cons

    1. "Nice place to work"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Vice President in London, England
      Current Employee - Vice President in London, England
      Recommends
      Positive Outlook
      Approves of CEO

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

      Pros

      - Good career opportunities and recognition
      - Some very good people and management
      - Friendly culture, good work life balance

      Cons

      - Many average people who have been with the company for years
      - Old technology systems and slow to implement change

    2. "Rec/pymt"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Reconciliation and Payment Clerk in London, England
      Current Employee - Reconciliation and Payment Clerk in London, England
      Recommends
      Positive Outlook
      Approves of CEO

      I have been working at BNY Mellon full-time (More than 8 years)

      Pros

      One of the best banks

      Cons

      Office on the 38 floor!

      Advice to Management

      Well organized person

    3. "Recommended"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Anonymous Employee
      Former Employee - Anonymous Employee
      Recommends
      Neutral Outlook
      No opinion of CEO

      I worked at BNY Mellon full-time

      Pros

      Good, clean, professional environment. Office well located with plenty of places to eat lunch. People welcoming and willing to help.

      Cons

      Workload like in any other places can be heavy with long hours and you might end up taking more responsibilities than due to a lack of resources.

      Advice to Management

      None.

      4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review

    4. "Settlements Manager"

      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

      Good training and company perks

      Cons

      Senior staff paperwork required and the Polish Managers are deceitful

      Advice to Management

      Cut out the paperwork and focus on doing the job at hand

    5. "Good avenues for progression through the company"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Anonymous Employee
      Former Employee - Anonymous Employee
      Recommends
      Neutral Outlook
      No opinion of CEO

      I worked at BNY Mellon full-time

      Pros

      - Good leadership and working environment
      - Regular reviews with line managers to consider ways too improve in current role and how to progress into otheer areas
      - Lots of opportunity for training and shadowing to give you an idea of what it would be to work in other departments.

      Cons

      - Hard to stay motivated in that particular role due to nature of the work.
      - Tended to be certain employee's doing majority share of the work.

      Advice to Management

      Focus on personal development and percentage share of work so that workload is evenly distributed.

    6. "Operations - not for the faint-hearted"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Operations Manager in Manchester, England
      Current Employee - Operations Manager in Manchester, England
      Doesn't Recommend
      Negative Outlook
      No opinion of CEO

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

      Pros

      Large well known company - looks good on a CV. Good benefits - private healthcare, pension contributions. Good maternity package. Opportunities are available due to size of company.

      Cons

      Long hours - not uncommon to work 10-12 hours per day, therefore lack of work/life balance. Lower level staff not paid enough in complex areas to reward pressure and workloads. Not enough done to retain talent or recognise staff. Frontline management pay is low and no recognition for stress/workload. Lack of training and support.

      Advice to Management

      Recognise staff efforts with fair pay which is competitive with other similar companies. There is a clear breakdown of understanding of what is going on in the frontline/on the floor by the senior management. Too quick to try and find someone to blame for an error - look at resourcing areas appropriately and errors will fall.

    7. "Stale environment"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      Former Employee - Trust Officer in London, England
      Former Employee - Trust Officer in London, England
      Doesn't Recommend
      Neutral Outlook
      No opinion of CEO

      I worked at BNY Mellon full-time (More than 3 years)

      Pros

      Good salary and benefits, not much else apart from that.
      Good work and life balance.
      Laziness and underperformance tolerated (if that's your thing)

      Cons

      Poor management that seek to maintain the status quo.
      People made redundant recycled into roles that they are poorly suited with no desire toweed out underperformers.
      No feedback on why internal applications are rejected and no real careers guidance.

      Advice to Management

      Performance appraisals need to be more than just an exercise in box ticking.

    8. "Director"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Director in London, England
      Current Employee - Director in London, England
      Recommends
      Positive Outlook
      No opinion of CEO

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

      Pros

      Good work life balance , collaboration

      Cons

      Slow pace of change in the organization,

    9. "Admin"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Administrative Assistant in Manchester City Centre, England
      Former Employee - Administrative Assistant in Manchester City Centre, England
      Doesn't Recommend
      Negative Outlook
      Approves of CEO

      I worked at BNY Mellon full-time (More than 3 years)

      Pros

      One dress down day every blue moon

      Cons

      Poor salary, pathetic management with attitude. Do that outside in the parking lot then I'd smash them up, bad colleagues who are only in it for themselves, very bad vibe.

      Advice to Management

      Go on the dole or become druggies, you'd suit that.

    10. "great company to get started"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Data Analyst in Manchester City Centre, England
      Current Employee - Data Analyst in Manchester City Centre, England
      Recommends
      Neutral Outlook
      No opinion of CEO

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

      Pros

      Because of the high turnover, anyone with a bit or drive can learn a lot and get a few quick promotions

      Cons

      Getting any higher means knowing the right people or doing more work than is worth.

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