Do not recommend - Fund Accountant BNY Employee Review

2.0
Dec 11, 2019
Recommend
CEO approval
Business Outlook

Pros

Not many come to mind. You will basically have your first month getting paid to do absolutely nothing as you will not have access to any of the programs/software you use. Overall work life balance has been fairly decent, but with high employee turnover it is becoming less and less.

Cons

Poor management, you dont get updated on many things happening within the team unless you hear from someone else when it should be coming from a manager. In the time I have been with my team I have seen a fairly high number of employees leaving the company which is something I have never experienced in the many companies I have previously worked at. Compensation is fairly low compared to competitors to the point that they will start you on the same salary as someone with zero experience starting at the same time as you. And the office culture varies from team to team, unfortunate for me, my team has no culture.

Explore other reviews about BNY

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.

See reviews by: Helpful|Rating|Date|All