New CEO. - Auditor BNY Employee Review

1.0
Oct 13, 2018
Recommend
CEO approval
Business Outlook

Pros

Exposure to several banking functions.

Cons

Management. New CEO is trying to prove himself. His first task at hand is to make this leaner firm even leaner. Rather than laying people off they are resorting to giving bad reviews to people and firing them. HR is watching the show. Company culture degraded quite a bit. There is excessive pressure on management to cut costs. CTO is making some very basic rookie mistakes. Their failed cloud strategy has become an industry case study. Expect the bank to go down soon. Will be a career suicide to join the firm at this juncture.

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3.0
Jun 30, 2026
Recommend
CEO approval
Business Outlook

Pros

After the latest re-structuring and going agile, I don't find any. But before, a stable bank with a good book of work. Positive environment with support from your colleagues. Industry standard medical plan and vacations.

Cons

Bonuses and salary raises are hugely dependent on who you know in the senior management and how they perceive you rather than what you actually delivered.

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