BNY Mellon Reviews | Glassdoor.co.uk

BNY Mellon Reviews

Updated 16 January 2019
3,967 reviews

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

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  1. Featured Review

    Helpful (12)

    "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. Helpful (4)

    "Operational Excecutive"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Operational Executive in Belfast, Northern Ireland
    Former Employee - Operational Executive in Belfast, Northern Ireland
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at BNY Mellon full-time (More than 10 years)

    Pros

    This was my first company. BNY was my dream. My experience in this company was good.

    Cons

    Work pressure was there but for me it was good because I love working hard.

    Advice to Management

    They should give preference to BNY employees if they moved to any other countries. Ex. I was working in BNY Pune I left my job because I got married and my husband is in Belgium. I never thought of leaving this company. I am trying hard to get job in BNY again. Please give some preference atleast to those employees who left job due to such reason and without working anywhere else they want to join BNY.

  3. "CA Analyst"

    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

    vast company good opportunity for exposure to the financial operation side of investments

    Cons

    havent come across any so far


  4. "Middle Office Administrator"

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

    I worked at BNY Mellon full-time (More than a year)

    Pros

    great culture
    focus on socialising
    narrow responsibilities
    paid OT

    Cons

    work life balance
    long hours
    little communication of what's happening in the business


  5. "Changing times"

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

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

    Pros

    Great people. Ethical approach. Interesting and complex business. Good office environment.

    Cons

    New CEO is removing some flexible working ability (working from home), which will affect many staff and their engagement with the company

    Advice to Management

    Listen to the noise that recent change is creating


  6. "Getting better all the time..."

    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 people, really interesting clients, really interesting product set, strong ethics with a focus on asset safety and security

    Cons

    too many layers, too US driven, struggling to cut ties with past poor decisions on acquisition integrations and out of date technology which is leading to an environment of unsettling constant change

    Advice to Management

    Be clear and concise on all communications and cut out unnecessary layers.


  7. "chief administrator"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNY Mellon full-time

    Pros

    Nice people and interesting work

    Cons

    bureaucratic - don'y t look after their staff

  8. "Good work culture"

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

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

    Pros

    Good work life balance and collaborative work culture. Focus on people

    Cons

    Hard to change and make improvements and basic tech isn’t great

    BNY Mellon Response

    13 Dec 2018 – Talent & Development

    Thank you so much for taking the time to leave a review. We appreciate your positive feedback and constructive comments. We are glad to hear that you are enjoying your experience with BNY Mellon... More


  9. "Asset Servicing"

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

    I have been working at BNY Mellon full-time

    Pros

    Stable, Friendly Local Opportunities Travel

    Cons

    Old Slow Non digital Old men


  10. Helpful (2)

    "Good place to learn but low pay"

    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

    BNY gives junior roles a wide range of expierience
    Decent benefit package

    Cons

    Pay levels very low compared to the industry