Good team culture, decent pay, mediocre benefits - Fund Accountant BNY Employee Review

4.0
7 Jun 2024
Recommend
CEO approval
Business outlook

Pros

BNYM is a great place to work if you roll the dice well on getting into a good supportive team. The pay is somewhat average which is unfortunately a pro nowadays. Work is siloed so you can just focus on cutting NAVs and reconciling accounts without having to worry about financial statements or Treasury responsibilities stacked on top.

Cons

Pretty lackluster benefits. Bad enough to the point that I opted out entirely and became a dependent on my partner's employer instead. Lots of turnover, some of which seems to be by design. Company must be very invested in commercial real estate because they will track your wifi to make sure you are in the office even though remote work is more than doable. Managers sometimes have less knowledge than associates on certain funds if you get a bad manager. It's all about getting with the right people to make it work.

Explore other reviews about BNY

5.0
21 May 2026
Recommend
CEO approval
Business outlook

Pros

Good work environment and people

Cons

Difficult to switch roles or departments

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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