Senior NAV Ops Accountant (Current Employee) – Wilmington, DE – September 24, 2017
Recently, through layoffs and resignations the company has been short staffed. As a result, more work has been put upon those remaining to the point that we have had to forego lunch breaks (without compensation), and sacrifice work / life balance. The problem is not on direct management, it is well above them.
Assistant Controller, Vice President (Former Employee) – New York, NY – July 28, 2017
Over the short stint of time I was employed at BNYM, I learned quite a lot, and I was given the opportunity to utilize what I have learned over the years. Which has assisted me tremendously in my last role. My day was busy, but not frantic. In my last role I particularly enjoyed managing employees. Sometimes one does not know how they would handle certain situations, until it arises, and you do well. This gave a boost in my career, along with conflict resolution. Overall enjoyed working there and I met great people.
Module Processor (Former Employee) – Pittsburgh, PA – July 27, 2017
Module Processor - I oversaw handling sensitive checks and cash. I deposited that amount into the correct accounts. Processing the correct check and documentation for that check to the correct account.
Data Entry Operator III (Former Employee) – Richardson, TX – July 24, 2017
I worked here about two years ago, the work was fine. It was simple enough however the night management was terrible. Made for a hostile work environment. Also, the rules were too demanding of workers. Forced overtime.
Senior Lead Customer Service Representative (Current Employee) – King of Prussia, PA – July 23, 2017
Management team is decent to work for. Challenging, high-paced customer service position with a lot of moving parts. Workplace culture is varying depending on position and department, so I can't speak for the entire company.
Intermediate Representative, Client Services (Current Employee) – Brooklyn, NY – July 23, 2017
Salaries and pay increases do not keep up with cost of living. Relaxed environment and are making strides to be able to work from home on a daily basis. Depending on position and location it can be a laid back but get work done environment.
Corporate Actions Middle Office Analyst (Current Employee) – Pittsburgh, PA – July 22, 2017
Deadline driven working environment. A lot of independent work can be done at your own pace. Very team oriented. Company does not really help you to advance and seems to be a lack of strong management.
Vice President (Current Employee) – New York, NY – July 20, 2017
Overall, BNYM is not a bad place to work. It is a major global corporation, the first bank in the US. They offer decent benefits, health insurance, dental, life insurance, and a 401k plan. However, many things can be improved as good programs that were available to employees in the past have been reduced or eliminated. Employees could benefit from better health insurance plans as the options are very limited and offer extremely high deductibles. The salaries are not competitive compared to other companies in the same industry. It can be somewhat difficult to move internally within the company, at times they hire externally instead of promoting their own employees. Even though they have tried to make many improvements over the years there are still great disparities in salaries with employees doing the same functions and their salaries on opposite ends of the spectrum.
Competitive place to work can be stressful at times
Sr. Business Planning Analyst (Former Employee) – Brooklyn, NY – July 20, 2017
A typical day at work can sometimes be spontaneous, a lot of one off requests can come through on a particular day and at times there is no training or structured process to walk an individual through these particular requests. BNY Mellon should work more on providing adequate training for its employees; both day to day as well as overall high-level. Mandatory professional mentorship programs should be offered to employees to receive guidance on career advancement and professional career choices; as well as open opportunities for career transfers.
Good medical benefits, work from home opportunites
Fund Accountant (Current Employee) – Tacoma, WA – July 19, 2017
During my employment I was not given much training, there were no training documents I could use as reference, and there was a restructure of job titles which changed the position I was hired for in a way that looks to other companies like a demotion.