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BNY Mellon Reviews

Updated 17 February 2017
2,724 reviews

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2,724 Employee Reviews

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Pros
  • Employee Friendly organization, Best part is Diversity & Inclusion, Work Life Balance (in 311 reviews)

  • Friendly work environment with flexibility to work from home or arriving a little late (in 149 reviews)

Cons
More Pros and Cons

  1. "Corporate Action Senior Specialist"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Corporate Actions Senior Specialist in Manchester City Centre, England
    Former Employee - Corporate Actions Senior Specialist in Manchester City Centre, England
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at BNY Mellon full-time

    Pros

    Good pension, private healthcare, time and half for over, share scheme, societies and interest groups to join in the organisation, dress down day on friday, good perks and feebies within the company.

    Cons

    Do not work in UK Corporate Actions!!! Worst department I have ever worked in. I guarantee you this - - Do not expect any good training for your job role and to ever to leave at 5pm! Staff turnover is very high in that department for some very good reasons. If you get offered an interview, the smartest you will ever do is run for your life!!! 1) All of the managerial staff will expect you to complete overtime 90% of your time there. They force you to stay onsite regardless of what you have on in your personal life or even if your exhausted. Very difficult to retain work / life balance. 2) Corporate Actions was a very pressurized and nasty environment. Both Senior and junior managers will continuously and I mean on a weekly basis drag you in to a broad room after completing 50-60 hours a week to further complain about the lack of work you’re doing, publicly make a show of you into and pressure you to do more without shows any thanks or appreciation. 3) People are promoted to managers based on their numerical ability / or (how well they can pressure or screw people over) rather than having any remote consideration for the importance of motivation or people skills in a managerial role. Hence, why there are some awful managers. 4) If you complained about the level of work your given, they will just ask you delegate it to your colleagues who are also inundated with work. Managers should be reviewing our team procedures, accessing if there are more time/cost effective ways of completing work or training materials provided. 5) They literally have no concept of how to retain staff. Money is okay, but you want to work in corporate actions and earn a good salary - move to London.

    Advice to Management

    1) Simply saying thank you once in a while to your colleagues helps! Listen to you co-workers, encourage idea generation and cross collaboration within the team rather than imposing something without listening or asking for feedback.
    2) Be aware that you in order to retain staff try create some degree of life/work balance.
    3) Please access the department on-the-job training facilitates. Most of the time new starters are left with people who are extremely busy and don’t have the time or patience to train.
    4) Create a culture of transparency and collaboration.


  2. "Just okay"

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

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

    Pros

    Nothing major. Okay office, staffs are okay. New office but nothing really outstanding

    Cons

    Late stays. Clicky management. No room for much growth. New office. Nothing outstanding


  3. "Poor management and working environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Manchester, England
    Former Employee - Anonymous Employee in Manchester, England
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    • Private healthcare
    • The people

    Cons

    • Poor Salary and Bonus Scheme
    • Boring and outdated offices
    • Management selection and training is awful

    Advice to Management

    Invest in your people


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


  5. "Company Business"

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

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

    Pros

    Great Asset Servicing and Asset Management Business
    Good Investment in Technology to give best tools to Customers and employees

    Cons

    Top down management style sometimes slows the process on Global scale

    Advice to Management

    -


  6. "Change Management"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Change Manager, Senior in Edinburgh, Scotland
    Current Employee - Business Change Manager, Senior in Edinburgh, Scotland
    Recommends
    Negative Outlook

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

    Pros

    Very flexible with working hours. Good exposure if on big projects.

    Cons

    Difficult to get promoted. Not necessarily working alongside the best colleagues

    Advice to Management

    Clearer promotion opportunities. Reward capable staff.


  7. Helpful (1)

    "My perspective"

    Star Star Star Star Star
    Current Employee - Anonymous Employee in Manchester City Centre, England
    Current Employee - Anonymous Employee in Manchester City Centre, England
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    I like the team and the fact that you really need to be teamm-oriented to work well. I like the people too. There is a lot to learn and I like the learning opportunities they offer both online and at university.

    Cons

    The salary is way too low compared to the rest of the market. My salary compares to a call centre customer service advisor and BNY is way above that type of job. Also employees titles should be reviewed. The training is poor. Mainly on the job

    Advice to Management

    Communication is key. Clearer communication between channels.


  8. "The best place to start if you really want it"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook

    Pros

    Opportunity for growth but limited

    Cons

    No training, you are expected to figure it out yourself.

    Advice to Management

    Listen to employees and stop stealing their Idea


  9. "More cons"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Offshore Fund Accountant in Manchester, England
    Current Employee - Offshore Fund Accountant in Manchester, England
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    exposure to all sides of investment banking and and understanding of how each department works together for the big picture

    Cons

    Institutional - not a lot of room for progression, bad managers, negative environment, unco-operative departments, very bad salary - could afford to pay much higher


  10. "Project Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    good work life balance and flexibility likeminded people good locations good exposure to multiple platforms good exposure to problem solving

    Cons

    lack of clear progression, lack of company leadership, lack of clear direction, lack of accountability, poor pay and bonus

    Advice to Management

    resolve the following issues - lack of clear progression, lack of company leadership, lack of clear direction, lack of accountability, poor pay and bonus


  11. "Analyst"

    Star Star Star Star Star
    • 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
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    There is a relaxing culture and nice people.
    It is quite easy to have a good work life balance.
    The work is not too hard.

    Cons

    It is often uninteresting and large periods without work.
    The benefits outside of the salary are not great, especially for contractors.

    Advice to Management

    There should be better benefits and incentives with a greater focus on employee well-being and this will translate to better quality work produced.



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