Vice President - Vice President BNY Employee Review

4.0
Mar 23, 2017
Recommend
CEO approval
Business Outlook

Pros

Work life balance is good in certain areas. Direct management is quite good and supportive. Stock price has gone up. If you seek it, you can find good mentors and learn a lot.

Cons

Company has lost their focus on clients and employees. So sad to see long tenured people (mostly from Mellon) being pushed out. The culture has completely changed - departments have become completely fragmented with no cross ownership. The expense reductions have just shifted more and more work on fewer employees. New business has not been growing. Without improvement, existing business and employees will leave..

Explore other reviews about BNY

5.0
Jun 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Really technology driven and laid back first

Cons

Low salary for new associates.

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.

See reviews by: Helpful|Rating|Date|All