Stay away if you want to protect your career - Director BNY Employee Review

1.0
26 Jun 2024
Recommend
CEO approval
Business outlook

Pros

Not much to talk about. Ops and tech heavy firm that still lives in its legacy. No meaningful change is possible as everything is customized and bespoke by client. Only way firm churns out returns is by cutting cost. No net new revenue added in last decade plus.

Cons

- MDs are in the business of putting up appearances and managing their brand perception, no actual work gets done and no real leadership skills at certain levels - Firm keeps showing a new shiny object to the street every few years with nothing meaningful coming out of it - data analytics, blockchain, AI. - Very poor HR systems and processes. Performance management process is a joke. No structured framework or path to recognize high performance. - Lot of politics and cliques - No real strategy to grow

Explore other reviews about BNY

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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