Better than Many - Vice President, Risk Management BNY Employee Review

4.0
20 Aug 2019
Recommend
CEO approval
Business outlook

Pros

Opportunity to be involved with community partnerships and employee resource groups where additional skills can be learned. Vacation and Holidays are adequate. Official flexibility in working arrangements- if you don’t care about promotions.

Cons

No good deed goes unpunished- do a great job, no promotion but more responsibility. Networking remains key to get promoted. Secrets abound amongst management levels and while empowerment and giving feedback is encouraged, it is hard to believe it does anything but put your name on a list. Recognition is dismal for satellite offices. Working for a financial institution in general is filled with constraints and stressful.

Explore other reviews about BNY

5.0
5 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Great company match at BNY

Cons

In the office 4 days a week

1.0
28 Apr 2026
Recommend
CEO approval
Business outlook

Pros

Job only as good as immediate manager. Salary is Ok ish Benefit options are ok not great.

Cons

1) Retaliation is a way of life at this company going back to 2018 and becoming worse since 2) Mid level managers are very efficient at passively insulting the Teams they are responsible for. 3) It is nearly impossible to advance in the company. 4) When you try to post to another department - your Mid level manager will do the best to stop you from advancing. Some have close friends in HR that will even have you submit a new application in an attempt to accuse the other department of recruiting you. I have experienced this. 5) The only way to increase pay and experience is by leaving the company. 6) It use to be a culture of lets help others when there is a problem, now it is lets find who to blame for upper mangers rushing a project before all risks are identified. 7) If you are taking a new Job - professionally push for higher Salary once you are in raises will be very small.

5
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