You are treated as if you are attending daycare, only difference is that your playmates are adults...some are that is. - Senior Review Specialist BNY Employee Review

1.0
Aug 31, 2011
Recommend
CEO approval
Business Outlook

Pros

One of the reasons to work at Bank of New York is that it's a good place to learn your mortgage documents if you dont know them or have never been in mortgage and another reason is you know you will receive a payroll check twice a month.

Cons

There isn't any room for growth. The ones that seem to get new position lateral or not have to be buddies of a buddy in management in order to get the position. There are also times when someone has another position before it's posted, after which they will post it knowing the whole time they already know who they want. That's not cool at all. The security is--well just stand up and look right out into the waiting area,,,It's all glass..so no need to lie and say he/she isn't in...cause hello they can see you.

Explore other reviews about BNY

5.0
Jun 5, 2026
Recommend
CEO approval
Business Outlook

Pros

Great company match at BNY

Cons

In the office 4 days a week

4.0
Jul 5, 2026
Recommend
CEO approval
Business Outlook

Pros

There is real opportunity for career and skill growth. The company runs short on head count, so people willing to take on more responsibilities have avenues to progress. However, you will need to force the issue for promotions & large salary increases after you prove your capabilities. Realistically it'll take an external counteroffer to move the needle.

Cons

It's a large bank and you're a number in the system. If your NPV is positive you'll stay, else you'll be laid off. This includes both scenarios you control and those you don't. Ex. You control your performance, in office time and networking You don't control if your location is a strategic growth site, if a major client goes with a competitor, or if you'd be impacted by a general company-wide layoff plan.

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