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Bank of New York Mellon
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769 reviews

Bank of New York Mellon Employer Reviews

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Converted GIS data to BNY Mellon systems
Application Team Leader (Former Employee), Wilmington, DEJuly 10, 2014
GIS of PNCBank was sold to BNY Mellon. I continued to convert data from GIS to BNY Mellon systems. I was displaced by BNY Mellon after 13 months.
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fast paced environment
Control Accounting Specialist III (Current Employee), Westborough, MAJuly 9, 2014
fast paced environment that requires accuracy. meeting deadlines and multitasking through out the day.
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Great place to learn
Branding Strategist - Global Talent Strategy (Current Employee), New York, NYJuly 9, 2014
Great company culture, diversity focus and long careers.
XXXXXXXXX
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BNY Mellon, overall, was a good company to work. Although a lot of changes took place, it was an environment that allowed for continual learning.
Senior Director, VP (Former Employee), Wilmington, DEJuly 9, 2014
Pros: healthcare, salary, people
Cons: lack of security
BNY Mellon allowed me to enhance my securities operations knowledge into Global markets. Additionally, I was able to manage staff in overseas locations (Brussels, London, Manchester) and this enabled me to look at things from a different perspective.
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good compnay
Vice President, Application Manager (Former Employee), New York, NYJuly 8, 2014
But very political and hierarchy is forever.
There are VP of VP's and CIO of CIO's.
Lots of managers' manager, but no actual people to work
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In addition to the day-to-day responsibilities, I found project work to be most enjoyable.
Vice President (Former Employee), New York, NYJuly 8, 2014
Usually arrived at 8 AM and left whenever the day was complete. Interaction with FX Traders and Salespeople was challenging but enjoyable. Co-workers were great. Everyone worked together to get the job done.
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Merged company still seems separated
Systems Software Specialist II (Current Employee), Pittsburgh, PAJuly 7, 2014
Pros: talented people
Cons: too many layoffs
There's a lot of goals that depend on others helping you achieve them. Performance goals seem unattainable with too much emphasis put on metrics.

They days are busy with emails coming from all different parts of the organization. The hardest part of the job is being able to refocus after so many interruptions.
The people are the most enjoyable part – more... of the job. There are a lot of talented people in the organization. – less
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Good Work Life Balance but Minimal Room for Advancement
Eagle Operations Analyst - Asset Servicing (Current Employee), Orlando, FLJuly 6, 2014
Employees become very good at their particular position, but do not gain knowledge of the overall process.
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Fun Working Environment
Operations Executive (Former Employee), Pune, MHJuly 6, 2014
Pros: good medical facilities
Cons: lack of career options / guidance
Good flow of Knowledge with better working facilities.
Hardest part is the know the better future opportunities in job.
Most enjoyable part its the events organised by the company for engagement of employees.
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Awesome
Executive Assistant to Operations Director (Former Employee), PuneJuly 3, 2014
Best job security, great people and amazing benefits when it comes to taking care of employees.
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Not great.
Trust Department (Current Employee), USJuly 2, 2014
Terrible senior management and terrible technology. Very focused on the short term. For the most part, the company is run for the benefit of management, not for the share holders or clients or for the long term interest of the corporation. As a result, many poor decisions are made to protect each department's senior management. This is starting to change, – more... but much damage has already been done. Also, the merger was executed to protect NY executive's fiefdom's, at tremendous expense to shareholders. For example, when the merger occurred, the target platform used was BNY's, not Mellon's, even though BNY was many versions behind Mellon. This decision alone would have been very, very costly. Also, software was developed with little input from people in the field, resulting in virtually unusable applications that turned out to be very expensive to support. Raises and pay are both far behind industry standards and the company is now laying off large numbers of employees. This is in part because they have been losing so many clients. So they are in a downward spiral which will be difficult to reverse. Had they made good management decisions and invested in their products, they would not be in such a difficult spot today. – less
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productive
Top referring Teller (Former Employee), valley stream nyJuly 2, 2014
Pros: benefits, free bank account
Cons: busy branch
Top referring Teller from August 2007 – December 2008 for outstanding customer relations, delegated daily bank transactions, including deposits and the proper processing of checks, daily maintenance and responsibility of cash circulation, performed clerical duties as needed, performed reliable and detailed customer advice and relations
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good opportunity.. good place to work
network monitoring/ alerting (Former Employee), Nashville, TNJuly 2, 2014
Pros: bonuses, technology
Cons: lays off
there is a lot of work to be done. you will always be busy but in a good way
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Great company and great people to work with.
Trade Desk Specialist/Shareholder Services (Former Employee), King of Prussia, PAJuly 1, 2014
Pros: free lunch during very busy seasons
Cons: having to stay overnight away from your family during bad weather seasons
A typical day at work was taking between 50-150 calls per day, staying abreast with updated procedures and rules with the mutual fund industry. Socializing with co-workers as well as management. Great atmosphere and caring environment. The hardest part of the job was receiving phone calls from shareholders whom spouses may have passed away ( especially – more... the elder) .The most enjoyable part of the job was talking to new people and building new relationships – less
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Productive financial services company that provides a great learning opportunity right out of undergrad
Fund Accountant (Current Employee), Philadelphia, PAJune 30, 2014
Pros: learn every aspect of mutual funds
Cons: very little room to grow
A typical work day includes validating cash inflows and outflow to the fund via subscriptions and redemptions as well as various reconcillations and striking the NAV (net asset value) at the end of each business day.
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Customer Service
Customer Sales and Service Representative (Former Employee), Maywood, NJJune 30, 2014
Pros: assisting customer with resolve issues
Cons: reaching goals
A typical day at bank of New York Mellon checking emails, voicemail, follow-up with customer and assisting new and current customer
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Great work atmosphere
Data Entry Clerk (Former Employee), Westborough, MAJune 30, 2014
I got along well with management, co-workers. I updated clients information using BNY Mellons programs such as FSR and Web Image.. The hardest part of the job was actually getting the trainer to sit with longer to further help me in my job.
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Decent place to work but little advancement
Tax Supervisor (Former Employee), Pittsburgh, PAJune 29, 2014
Upper management expects a lot from operational areas with little pay increases and advancement. Upper management praises the wrong individuals. My co-workers made my job enjoyable.
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Productive place
Teller (Former Employee), Greenwich, CTJune 27, 2014
Pros: great benefits
Cons: big pressure handling people's money
I had to leave the bank because back then my papers got expired. Now I am a full US citizen.
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Lack of leadership & vision
Sales Executive (Former Employee), New York, NYJune 25, 2014
increasingly poor morale and declining employee engagement

About Bank of New York Mellon

Big Apple, meet Iron City. The Bank of New York Mellon (BNY Mellon) is the result of the 2007 marriage of Bank of New York and Mellon – Read more

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