BNY reviews

3.4

54% would recommend to a friend

(13,844 total reviews)
avatar

Robin Vince

61% approve of CEO

55% positive business outlook

BNY has an employee rating of 3.4 out of 5 stars, based on 13,844 company reviews on Glassdoor which indicates that most employees have a good working experience there. The BNY employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

14K reviews
2.0
Sep 30, 2012

Limited Career Progression

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Flexible work arrangements. Relatively competitive benefits (401K, retirement, health and insurance). Relatively stable company compared to other banks, although there was lay-offs, I felt safe given that I am a good performer.

Cons

Limited career progression. Moreover, some of the promotions are arbitrary making employees question the process by which some managers are evaluated and promoted. We have many managers and very few leaders.

3.0
Sep 20, 2012
Recommend
CEO approval
Business Outlook

Pros

The training available to employees is excellent. There is a mixture of self learning, online courses, phone presentations and in-person courses. As a starter coming into the industry without any experience, you can become as knowledgable as you like.

Cons

The process across regions is incredbly fragmented, with two people on the same job title in the US doing a completely different job to one in EMEA, despite both working together. Though there are attempts to realign this, the situation as it stands is that there are tiny pockets of information which do not filter down. The general policy is "do first - ask questions later" where new policy initiatives that affect clients are not thoroughly worked through prior to implementation causing incredible and inexplicable delays. Departments are so risk averse that they are often not willing to do things which would ordinarily be part of their remit. Processes and Procedures are used to minimise risk, to the extent tha every minute error, even human error is over analysed and then proceduarlised. De

4.0
Sep 17, 2012

My experience is o. k. I believe it will get better.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The commute to work is not bad.

Cons

The knowledge of some people amaze me at how they were able to get the job.

Viewing 13720 - 13722 of 13,844 Reviews

Glassdoor has 15,622 BNY reviews submitted anonymously by BNY employees. Read employee reviews and ratings on Glassdoor to decide if BNY is right for you.