Avoid like the plague - Vice President BNY Employee Review

1.0
Dec 5, 2019
Recommend
CEO approval
Business Outlook

Pros

The people you get to work with

Cons

This company lays off at least every quarter to manage their bottom line. They are ruthless and impersonal. There is no such thing as professional development here. They could care less about you. I don't recommend this company for anyone. They have no morals and no commitment to their employees. If I could rate a zero, I would.

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5.0
May 21, 2026
Recommend
CEO approval
Business Outlook

Pros

Good work environment and people

Cons

Difficult to switch roles or departments

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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