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BNY Mellon Reviews

Updated 20 October 2017
3,157 reviews

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3,157 Employee Reviews

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Pros
  • Excellent Work Life balance,Better Compensation (in 374 reviews)

  • Life and Work are perfectly balanced Great Work Environment (in 179 reviews)

Cons
More Pros and Cons

  1. "Administrator Role"

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

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

    Pros

    Good benefits, options for carrier progression

    Cons

    Low pay compared to competitors,


  2. "Revenue Control Analyst"

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

    Pros

    Great working hours flexibility and knowledge base.

    Cons

    Few opportunities to progress.Not much capacity to influence decisions within the organisation.

    Advice to Management

    Need to revise role scope,progression and compensation


  3. Helpful (1)

    "Good but..."

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

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

    Pros

    Good community and quick integration. Some highly knowledgeable managers to learn from. A good attitude gets you quickly recognised. Lots of non-B.A.U activities to get involved in.

    Cons

    Small site so progression is slow. Salaries are a lot lower than the other large bank down the road so staff quickly move across once experience and knowledge is gained.

    Advice to Management

    Try to find innovative ways to reward staff as monetary bonuses are so small it often seems like a bit of an insult.

    BNY Mellon Response

    15 Aug 2017 – Experienced and Executive Talent Lead

    Reviews like yours are always a pleasure to read. Our people are truly our greatest asset and we are delighted to have employees like you. Our collective ambition, innovative thinking, dedicated... More


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


  5. Helpful (1)

    "Corp Actions"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Corp Actions in Manchester, England
    Former Employee - Corp Actions in Manchester, England
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Good training for ops role with no finance experience.
    Easily double or treble pay with 1st move to a role in London or further afield.

    Cons

    Pay low, but you're getting free training.

    Advice to Management

    Try to retain true talent rather than look after favourites.


  6. "Unorganised structures, too much overtime, not enough staff"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at BNY Mellon full-time

    Pros

    Teammates were great.
    Nice offices.
    Good opportunities for training if you push hard to get them.
    The IT team were great.
    Great experience working with clients.

    Cons

    Zero training when starting
    Micro-management
    Always changing teams around
    Expected to work a lot of overtime due to not enough staff
    Structure seems unorganised - No one knows who does what in other teams
    If you are good, they will dump more on you rather than sort out training for others to shift the workload.

    Advice to Management

    Hire more staff and stop expecting people to work stupid hours because you don't want to expand the teams.


  7. "High Pressure environment"

    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
    No opinion of CEO

    Pros

    Learn how to achieve goals under a stressful situation. Good health cover.

    Cons

    No incentives to perform well. No recognition of hard work.


  8. Helpful (1)

    "Great place to work"

    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

    Pros

    I have worked for the company for almost 30 years now, in a number of our global sites, including the US and Europe. This is a testament to the fact that BNY Mellon provides a number of opportunities for career growth and development and takes into consideration the requests of its employees to expand globally.

    Cons

    Remuneration doesn't seem to be where it should be, related to peers in the marketplace. Seems if you leave the company for a better paying job, you can then come back, even within a short period of time, for a significant increase in salary from what you previously were paid

    Advice to Management

    Continue what you do well but think about increased remunerations for all employees


  9. Helpful (1)

    "OK but lot of downsides"

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

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

    Pros

    commitment to Diversity
    Great people who try and help
    Great location
    High pension contribution

    Cons

    Far to bureaucratic- no-one wants to be accountable for decisions
    Career progression is limited- external people are usually hired instead
    Bonuses are so small they are laughable

    Advice to Management

    Promote internally
    Better bonuses


  10. Helpful (3)

    "Money for Nothing"

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

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

    Pros

    Good pay and benefits.
    Good location.
    I'm just wondering how I can pad this out to the 20 word minimum, this should do.

    Cons

    Terrible managment. Apathy and inertia are key competencies.
    Poor performance not dealt with.
    I'm not sure how internal recruitment works, but despite having the requisite skills and experience, I have been unsuccessful in moving to another role.
    Staff made redundant are redeployed, seemingly without having any relevant skills or experience.
    No/very few controls over staff recruitment.

    Advice to Management

    Actually take the concerns and criticisms of the staff seriously instead of paying lip service to the review process and the annual surveys.


  11. "Accountant"

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

    Pros

    Great place; Great colleagues; loved it

    Cons

    Sometimes overloaded with work and other times not as busy.

    Advice to Management

    Carry on with what you are doing; It's working


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