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BNY Mellon Reviews

Updated 17 October 2017
3,152 reviews

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3.2
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Charles W. Scharf
31 Ratings

3,152 Employee Reviews

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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.


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  5. "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


  6. "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.


  7. "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.


  8. "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.


  9. "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,


  10. "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.


  11. "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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