Bank of New York underpaid and under challenged - Portfolio Administrator BNY Employee Review

3.0
3 Jul 2008
Recommend
CEO approval
Business outlook

Pros

If you are looking for a job where you do the bare minimum and collect a paycheck this is the ideal place to work. Most of the people there are unmotivated and underachievers. Everyone that works there complains about how little they are paid yet very few take the steps to leave. As an initial job it ok cause you learn a lot and are exposed to various areas. But if you stay more then 2 years you get very comfortable it becomes hard to leave. The place changes you for the worst.

Cons

Its is boring and you do not use your brain

Explore other reviews about BNY

5.0
6 May 2026
Recommend
CEO approval
Business outlook

Pros

Large company with internal mobility options

Cons

Very siloed divisions across the company

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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