Bank of New York Mellon Employer Reviews

Stressful, Rude management, heavy work load, low pay, No advancement,

Input data into systems
Closing funds on monthly basis
Micro management
Friendly coworkers for most part

I worked for the Bank of New York Mellon for 38 years in different aspects of banking. I worked my way up from filing and customer phone inquiries to Assistant Vice President and manager in the commerical banking business. I managed 7 loan administrators. We worked with CEO's and CFO's of major companies. There are always good and bad situations when – more...  dealing with the publc, but overall I enjoyed my work and solving any problems the customers had. – less

A typical day at work is coming in and processing returned checks for customers. When needed help with a question there is proficent teamm work. There isn't much advancement within position.
The benefits are great.

I have worked with the Bank of NY Mellon for the past 25 years, I have acquired my skills & experiences that I believe helped me in my career that I will bring with me everywhere I go.

I have learned a lot from the Operational side of the bank. I have learned to multi-task in every area I have been assigned to.

I enjoyed working with my colleagues – more...  and managers that I believed helped me improved my knowledge and work experience. I have always been an asset to my department based from my yearly performance review and, recipient of TOPS Award & Premium Achivement Award received from management. – less

Worked in the Marketing Department where I was able to assist on some marketing projects.

Reconciled all major asset accounts. Found differences by using excel and the subsidary ledger and the general ledger days activity. I inserted account numbers to assist in understanding all differences.
Learned abouth Ethics. Assisted other employees to balance thier accounts.

Fiscally conservative company that is ripe for takeover because of strong cash and credit position and excellent risk management and corporate governance.

But I wouldn't stay longer than 2 years, no advancement opportunity and the pay is horrible

First step is go through my e-mail for any inquires that might have came in from out of United States. Because of the time difference those inquires have to have priority. Second step take care of the daily trade before our 12am Est. cut off time. In between answer e-mail, phone calls meetings. After 12 am reconcile the wire that have to be paid out. – more...  Check the Tracking sheet to make sure all the trade were captured from 4pm the day before until 12 am. I love working with my team mates. They make all these step so simple and timely manage able "Because we work smart". – less

Loved working at this company. I was the first face you saw when you entered and I loved working with all the associates. Management was always willing to work with me when it came to dr's appointments. The co-workers are the best, we still keep in touch and get together whenever we can.

The day moves fast as the workload is steady.
Management does show it's appreciation of the employees on a regular basis.

Although I loved the work itself, I was harassed by co-workers from the moment I was hired to the day I left. I sought professional help from in-house and outside sources. I attended behavioral therapy to ensure I was not the problem. I took all of the proper steps with management and in the end they were ineffective at handling the abuse. Many unqualified – more...  personnel spent the majority of the day visiting in cubes and gossiping loudly while a handful of individuals handled the workload. HR was in a remote location and failed to solve the issues. Other departments took issue with mine and it became immediately clear, that our department was to blame. This was, without a doubt, the most unprofessional staff I have ever worked with in any capacity.
Management is too overwhelmed covering for the staff's shortcomings, that they cannot supervise the toxic behavior. – less

ok to work for nothing special. No room for moving up in company. Management has it's "people"

You would think working for this company would be the highlight of your career, think again. I been here since this building opened in 2003 and I finally got my transfer approved to the Pittsburgh office. Now, that office is were you want to go. My advice, stay away from ISS / Investor Services.The entire department is constant disarray, poor management – more...  from team leaders to the department head.They need to totally clear management and rehire or even better, relocate the entire department to the Pittsburgh location. Other departments in the bank are defiantly better, have more team work and just happier in general. The one good thing is that most co-workers are willing to help and teach you and guide you. – less

Not enough room for growth. No work life balance, compensation not comparable

The mandatory overtime is not set up in an organized way. Their expectations are too high, without the proper tools to get the work completed.

I was employed by BNY Mellon just short of 7 years. Like a lot of the other reviews, management is so bad from the bottom on up. Pay scale is very poor and some people have part time jobs to help ends meet. There is no appreciation for good work and in the section I was in we could get a whopping $10 gift card if we did not call in sick for 3 months – more...  (each quarter). The employee of the month program is a joke. Only people that are pets or close to the people one should know get that award. I am retired and worked just long enough so I could retire after spending 30 years with a previous employer. No team work and a lot of back stabbers. Unfriendly atmosphere. – less

The Bank of NY was my first bank that i ever worked in , it was a good environment, with co-workers all working as a team.Everyone was helpful, i got the opportunity to learn a lot of other jobs.

It was a nice place to start, but there isn't much in terms of compensation, advancement, or other opportunities. The managers do not know how to manage. They emphaisize poor perforrmers will be dealt with, yet never do.