Desired a Long-term Career Here, but... - Anonymous employee BNY Employee Review

2.0
Mar 18, 2021
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- You can completely stop working at your scheduled finish time for the day. - Diverse workforce in every way possible (as good as this may be, the consequences are shared below) - Good benefits

Cons

If you are a recent grad or looking to progress in your career, you have more sensible options elsewhere. If you really need work experience, have an exit plan in case you join a team like mine. I state this first so that you will not have to waste valuable time that could have been invested in professional development at a firm that actually promotes that. Cons: - a theme of harboring incompetent employees and blatantly protecting them when they commit errors by pointing fingers at the new representatives (you must tolerate this treatment in order to comply with their 'diversity & inclusion' initiatives) - harboring technically incompetent employees for the sake of 'diversity & inclusion' (Does this even make sense at a firm that deals with people's money?) - definitely the lowest pay in the industry, but this may justify the "hire all then lay off all" nature of this institution - annual layoff season(s)...literally. And anyone regardless of tenure could be "chopped." - rampant outsourcing of roles

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5.0
Jun 23, 2026
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CEO approval
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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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