Asset Servicing - Anonymous employee BNY Employee Review

2.0
Oct 8, 2010
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Its a decent place to start if you have no experience and do not have a degree in finance. Its probably the easiest employer to become receive an employment offer from.

Cons

Compensation is way below what other employers offer. There is no real training program to set anyone up for success. There are no career growth programs. Feedback on performance is weak and there is no real structure to promote. A "promotion" comes with a title and increasing responsibilities but lacks a raise.

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5.0
Jun 23, 2026
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CEO approval
Business Outlook

Pros

Really technology driven and laid back first

Cons

Low salary for new associates.

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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