Ive been with the company for 3 years and are a rounded and knowledgeable employee in many different aspects. - FMTS KYC Specialist BNY Employee Review

3.0
8 Feb 2011
Recommend
CEO approval
Business outlook

Pros

The bank of New York Mellon offeres a very good benefit benefit package and retirement savings plan, and some tuition re embursment.

Cons

They do not comunicate to you during interviewr about groth in the departments, they say there is lots of room for growth and many different position but once you are hired you realize that is not the truth. They hire less qualified people from different companies because they do not allow you to move up more than 2 salary grades at a time so you miss out on alot of good opportunities.

Explore other reviews about BNY

5.0
23 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Really technology driven and laid back first

Cons

Low salary for new associates.

4.0
5 Jul 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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