Highly disorganized and silos. - Vice President BNY Employee Review

1.0
Mar 15, 2017
Recommend
CEO approval
Business Outlook

Pros

Good for newer employees but bad for older higher skilled workers as they slowly reduce an aging workforce by saying job has been eliminated only to fill it again.

Cons

No trust and honest behavior. Heavy silo between pershing, CT, csd and Asset serving, as well as Europe vs America. Each group doing their own thing ......example regulatory issues and changes especially in UK. Org chart is a mess.

Explore other reviews about BNY

5.0
Apr 7, 2026
Recommend
CEO approval
Business Outlook

Pros

Decent pay, Great people, laid back environment, and great managers.

Cons

Pay could be better honestly.

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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