It was great...until Goldman moved in - Director BNY Employee Review

3.0
Sep 14, 2024
Recommend
CEO approval
Business Outlook

Pros

Opportunities to learn across a number of different platforms. Investing in technology and a concerted effort to reduce silos and focus on the client experience.

Cons

Still not paying what the Street pays. Since 2024 climate, not previously seen or experienced anywhere else, is borderline toxic. Layers upon layers of management brought in with a lot of Goldman talent, followed by layoffs of VPs/Directors to juniorize the firm. with little to now experience. A lot of operational roles being offshored.

Explore other reviews about BNY

5.0
Jun 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Really technology driven and laid back first

Cons

Low salary for new associates.

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.

See reviews by: Helpful|Rating|Date|All