Used to be a great company back in the Russell/Mellon Days - Consultant BNY Employee Review

2.0
Apr 9, 2012
Recommend
CEO approval
Business Outlook

Pros

Great coverage - easy to take time off and have responsibilities taken care of by other associates Relaxed Dress Code

Cons

Culture has become cold and very corporate now that it is owned by BNY Mellon - lots of red tape to get past in order to get things done. Management is no longer empowered to make decisions. Company as it is now just talks the talk - it wants efficiency to save $$$, but all legitimate solutions are declined. Company promises to reward the hard workers and to issue hold accountability for the less than ideal employees - no one associate has been addressed either way. It gives no incentive to work hard, only enough to not be laid off. Positive morale has been gone for over a year. Used to be a great company with tight local values in our building back in the Russell/Mellon days - now it is a lackluster enviornment with no promise of advancing, no positive vibes, only siloed departments that do not work with each other. Definitely much less communication from Executives now that Bob Kelly is no longer CEO. Communication has gone to the wayside. If you want to work for a place where its headquarters on the East Coast are out of touch with your office and frankly give the impression that your location is expendable, then this is the place for you.

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5.0
Jun 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Really technology driven and laid back first

Cons

Low salary for new associates.

3.0
Jul 18, 2026
Recommend
CEO approval
Business Outlook

Pros

Some of the internal platforms have dev teams that would rival any other tech company. Can learn a lot if you end up on one of those teams.

Cons

Completely crap shoot as to if you land on a good team or a completely incompetent one. If you're on a bad one good luck. On a bad team you can expect vague work requirements and huge work loads with unmanageable delivery timelines. Also they're outsourcing to India heavily. Also also, most senior management is completely out of touch with reality and don't understand the tech stack they own (more you interact with them the more frighteningly obvious it becomes). HR is completely incompetent, of course, it's an open secret at the bank.

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