Project / Program Manager (Current Employee) – New York, NY – March 11, 2016
Managed several component projects for a large program replacing legacy software with new systems. Developed a comprehensive software deployment planning process that encompassed all business and IT tasks required from to be ready for launch and execute successful software releases. Mitigated program risks through the implementation of a change management office, plan and management routines collaboratively and comprehensively with every corporate department. ▪ Simultaneously managing multiple agile teams (tracks) to deliver projects within a program to replace the planning and guidance tools available to investors to set goals and manage investment portfolios. This position requires mature project management skills, as well as the ability to orchestrate large agile teams using Fidelity’s agile methods and tools within a program of agile teams ▪ Successful end-end project/program management of around 5 projects (value $6.5 million) ranging from 3000 - 5000 Hours each.
Business analyst/ Project Coordinator (Former Employee) – New York, NY – March 9, 2016
BNYMellon overall is a good company if you are fortunate to work for the right groups. I was not fortunate. I was working for a terrible and ill prepared group. Our managers were extremely behind schedule and did not have basic things in place like onboarding. it was pure chaos at times. but the irony is that while meeting others who worked for the bank on different projects whose experiences were the polar opposite. My question has always been why does a company like that overlook bad management?
Associate (Current Employee) – Syracuse, NY – October 8, 2016
The job itself is fine. It can have days where it's challenging but mostly repetitive. Most difficult aspect is working with other internal teams, especially those outsourced to India who do not understand questions being asked or speak English very well.
Advancing your career can be very difficult. Most do not receive promotions for hard work. Instead, you have to move departments or try and get an offer outside the company and hope to be offered a promotion to stay.
Raises are terrible and I've been on what they call the 'exceeds expections' category most years (highest review for merit increases). Expect no more than 1-2.5% raise/year.
The company is so focused on cutting expenses they have outsourced so many jobs and make cuts a few times/year. They also do not replace positions when someone leaves, unless it's an absolute necessity, so many teams are left very short staffed and therefore overworked.
Vacation, work from home option, flexibility for time off for appointments/sick time
Career advancement, compensation is not competitive, health care costs
Fund Accounting Supervisor (Current Employee) – King of Prussia, PA – February 23, 2016
Be careful to follow procedure and cover your butt. Blame can be passed quickly when a mistake occurs. Work life balance here is awesome and they are extremely accommodating as long as you put forth some effort as well.
Project / Program Manager (Current Employee) – New Jersey – March 1, 2016
Managed several component projects for a large program replacing legacy software with new systems. Developed a comprehensive software deployment planning process that encompassed all business and IT tasks required from to be ready for launch and execute successful software releases. Mitigated program risks through the implementation of a change management office, plan and management routines collaboratively and comprehensively with every corporate department. ▪ Simultaneously managing multiple agile teams (tracks) to deliver projects within a program to replace the planning and guidance tools available to investors to set goals and manage investment portfolios. This position requires mature project management skills, as well as the ability to orchestrate large agile teams using Fidelity’s agile methods and tools within a program of agile teams ▪ Successful end-end project/program management of around 5 projects (value $6.5 million) ranging from 3000 - 5000 Hours each
Broker Dealer Spec V (Current Employee) – Westborough, MA – September 28, 2016
BNY has started to outsource to a lot to India. They have been doing lay offs every three months. I like my job, however, management has their favorites and they get all the higher profile projects. Also, it was never told to me that we are considered a small back office call center. Individualized attention to my firms is difficult when I am answering phone calls for firms that I do not support. It is also frowned upon having our firms call us directly.
The most enjoyable part is when I get something done that others were not successful at.
Vice President/International Operations Manager (Current Employee) – Everett, MA – June 14, 2016
A steady busy day to day work load. Resolving issues. Mentoring and is a subject expert matter to co-workers.
Over the years I've learned the investment's ins and outs, financial tools and vendors systems, writing SQL statements to pull data from the database, Eagle STAR and PACE system.
Hardest part of the job was the lack of job security due to lay-offs over the recent years.
Most enjoyable part of every day is knowing I can help resolve issues for our clients, Guiding and answering questions my teammates have. Fortunate to have friendly coworkers and report to a flexible manager.
flexible hours, 4 week vacation, 401k matching
No job security, Offshoring jobs, High rate health benefits
Project/Business Analyst (Current Employee) – Syracuse, NY – August 20, 2015
Chaotic culture with management that has proven it can't be trusted. There is a ton of red tape and politics with layer upon layer of management that each has it's own fiefdom. My current team has been a pleasure to work with, but my management team would continue to give me their work and not compensate me for the rest of time. It's a firefighting culture which doesn't foster a true change management culture. You can tell which employees are the Managing Directors (yes..we have hundreds) favorites and they are the only ones who get promoted or receive bonuses. There is a reason JP Morgan Chase is beating this company.
My reason for leaving was the lack of enforcement when it came to people who were related working together. They allowed it for several months while I was there. At BNY Mellon, there is a married couple that is and has been working there since I had started. As far as I know they are still there, but other relatives have been fired simply for being related. This company is hypocritical and contradictory.
Management, poor working conditions, dirty, 2 restrooms for over 400 emplyees
TELLER MANAGER (Former Employee) – New York, NY – January 31, 2016
BNY Mellon was an excellent Bank to work for, I started my career in management at this bank. I was the Teller Manager and I learned a lot about coaching and managing associates. The most enjoyable part of the job was customer service and meeting new people.
Control Accountant Specialist (Former Employee) – Westborough, MA – September 2, 2016
Typical work day is busy In the mornings and a bit slower in the afternoon. Most deadlines are attainable depending on the system availability. I have learned how to work as part of a team and independently. Able to get along with management and co-workers. The hardest part of the job was many systems issues. The most enjoyable part of the job was able to work with people in a friendly environment.
Work Flow Associate /Imaging Technician (Former Employee) – Pittsburgh, PA – April 3, 2016
I enjoyed my experience at BNY mellon I learned a lot met a lot of great people. For the most part management was great the wages were fair , always room for growth and development . Great company to work for I would recommend for anybody who may have and opportunity to be employed here take full advantage.
AML Quality Assurance Senior Analyst (Current Employee) – Pittsburgh, PA – December 13, 2015
The management team over my position of KYC/AML Due diligence was a great team to work for. They were always to help out in any situation and were always giving feedback to help get you further in your position as well as the company.
Work life balance was reasonable for the most part as we we're able to work from home one day a week and could work from home if any mandatory extra hours were required
Fast pace environment where the client always comes first.
Securities Settlement Processor (Analyst) (Current Employee) – East Syracuse, NY – September 8, 2015
A very active environment. Working for a payment hub allowed me to see the manual process behind wire movements. Management allowed for opportunities to grow as a professional and seek mentors to further my knowledge with data scripting, and analytical reporting, regardless of my assigned role.
Culture promotes internal learning and crossfunctioning
Short lunch breaks, limited opportunity for career advancement
Administrator II (Current Employee) – Chicago, IL – August 4, 2016
Chicago site management and supervision is the worst very unprofessional and care nothing about the employees. Everything is based on company need regardless of the employees situation they may be having with other life responsibilities other then the job. The rules are very unfair also. Chicago site also is very diverse but the management isn't specially with the African Americans.
no more bonus and incentive, low to no pay raises, unprofessional staff
This firm afforded me the opportunity to fully utilize my financial degree which made me the well-rounded professional I am today. I gained analytical experience, managerial experience, client management experience, and both internal and external compliance/regulatory experience.
Securities Settlement Processor (Former Employee) – Syracuse, NY – July 7, 2015
I worked here as a temp, in the year I was employed with this company, the turnover rate was above 37% in my department (17 people that I know of in a company wide department of 46, cut to 43 before I left) and you can make of that what you will. Though I will also say, that for a department of 10 employees and temps, there were 7 managers...so good luck with those TPS reports.
It definitely feels like they don't seem to have any concern for holding onto talent, and none of the employees seem to want to stick around. About once a month the computer system breaks in some fashion. And although you're only working 37.5 hours most weeks, it feels like there's a very poor work/life balance. Finally, their pay and benefits are below industry competitors.
It's certainly not the worst job I've had, but I would recommend that if you're looking for a career, keep looking.
I started working at a payment processing center straight out of high school. I learned an exceptional amount from this job. The other employees there were really friendly. The only problem that I encountered was that people could only get in trouble by not showing up. If they messed up at their job and someone else had to correct it, there were no repercussions.
I've been employed almost 4 years and the growth has been great. I have been able to move up to a position I enjoy doing and being given responsibilities on huge new tasks. My manager trusts my judgement and decisions on whats best for the team I support. I have also been trusted with creating training documents for all Admin users and analysts for our new software. That alone has been a huge growing point to my career.