I've been given advice not to try to build a career here but to leave as soon as I gain some knowledge and experience. Nowhere is ideal, but I like it here, I love my job, so I find such advice quite depressing. In addition, I know several people who have built great careers here.
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Allow me to guess… University of Phoenix grad?
Pardon me, but this missive is completely incoherent. Can you please translate or ask a friend to help you do so?
@ 4rfr+1la4RPIt
Wrong on both accounts. “Is” related to the weary current dense. As in you’re a colossal di-k head which IS a major buzz ki-l. Go away troll!
It’s possible to grow a rewarding career here, but it’s much easier to do it elsewhere. There’s no credible HR rating process so ratings depend fully upon your abilities to butter up your boss. I’d look elsewhere.
@3x
“has grown” and “comes off as.”
You’re fine. People in this page are mostly sour grapes people that have no real drive in life. So instead of getting other jobs, they stay here and find things to complain about. I’ve worked for other major banks in Pgh…. BNY by far has the most growth potential.
@2yon+1la4RPIt
Your constant officious and overly pedantic attempt to correct grammar and punctuation on this web site is grown wearisome and haughty.
No Growth in a Stagnant Custody Bank business.
If you’re looking to move out of the Bank, hire a decent writer to handle your resumé. Reread your post a few times and consider the poor grammar, tortured sentence structure, misspellings and creative mis use of quotes, punctuation, etc.
You can start a career here but it will top out. Why?
Because the bank does not grow and has not ambition. That leave little room for upward mobility at higher levels.
Were exec’s promoted from within? No, hired from outside. Ask your self why…
Additionally there is always the risk the bank gets bought out or merged which would be quite “messy.”
Not everyone is going to find it easy to move up or find what they’re looking for. But, you can make a career here. It’s been very good to me. I would suggest, after several years, think about lateral moves into other roles. As you do that, your network increases, your knowledge base and value increases, and your chances of moving up increase. And, please, keep a positive attitude. No place of employment is a workers utopia. Add value wherever and whenever you can, and make sure your manager sees this. Good luck!
Yes please do it so that he can present it to the World Economic forum in Davos next year. Clause Shwab & Harari for Agenda 30
Can you translate? “ Any Large organizations creates Lobbyist? “Please create a Career Graph”. What are you even trying to say? Should we submit our career graph to the Growth Officer?
It’s never been a place to build a career. If young, you have it made for two years as you’ll make far more than your coworkers. After two years jump and you’ll double your pay. Anything over two years and you become part of the carpet.
BNY Mellon is a great place to work if you want poor management, no recognition for being an “extraordinary” performer, terrible raises, to live in fear of layoffs several times a year, increasing work loads (with no additional compensation) and “working” with foreign colleagues. It also appeared that two types of people worked at BNY Mellon: those who don’t want to go anywhere else to work (complacency/idealist) and those who can’t go anywhere else to work (lack of education/skills). This was observed after 10 years in Oriskany.
It depends whether you want to work as an Employee or build your Career to be an Entrepreneur. Any Large organizations creates lobbyist and only those people will thrive. This is good for sustainability of any Company. It's a big Club. Someone wants to be an SME so that they jump ships for Growth and someone wants to build a Startup after gathering all the business knowledge. Please create a Career Graph where do you want to see yourself every 5 years.
Like anything the experience is up to you. Only YOU can manage your career, be it at BNYM or elsewhere. If you're expecting the firm to manage your career then you'll never get anywhere. But that's true irrespective of where you go from here. Are there some dysfunctional areas within the firm? yes; but that's true of any large firm in the world. It's up to you to take care and nurture your career. If you are disposed to trading, take the FINRA Series certification tests; If you want to be PMO get training and certify as a PMP, etc. I'm certain you'll find a Mentor at BNYM ready to help you, if not your own Manager. Some people look at BNYM as a way to collect a paycheck, but I would assert those people are unhappy no matter where they are or what they do. BTW, I left BNYM not because it was a horrible place to work (I worked here for 6 years) but because I'd done everything I could do and rose to the "S" level accomplishing everything I could with an amazing team of professionals. Good luck to you, and remember you drive your career not someone else.
If you are young, take the advice in this thread...move on ASAP. There used to be some opportunities here, but the only way to move up was to "be around" or know how to work around hurdles in the system. Hence, so many 15, 20, 30 year vets. They checked boxes and cashed checks by knowing how to work in this dysfunctional ecosystem and never provided solutions to make it better.
Summary. Toxic environment with a turnstile of weak leadership. Don't trust them with your future and there are companies out there that will appreciate your talent. I wish all of you the best.
Good place to gain some experience. Long haul career choice no so good.
Take it from an old time who lingered way too long at BNYMellon..better off changing jobs once or twice … much better pay increases and opportunities
It’s a good stepping stone when you’re young but as someone who started as FF and rose to an L grade, you will continue to be at the lower end of the pay scale. By the time I was done here, this became a dead end job.
Be careful staying in Ops too long. You don’t really gain much in terms of hard skills. I’m glad the second half of my career was more analytical and client-focused.
I think it used to be. I know people who have been with BNYM for decades and rose through the ranks, but I don't think it's very common anymore. There actually is a process, but it is not well known or communicated among non-manager employees. Ask your manager to walk you how employees are evaluated in terms of promotional opportunities. See what they say and note how they respond. This should tell you a lot.
Move on, “career” here means getting stuck with a lot of work for very little pay…
It’s a job that pays the bills.
If you’re younger. I’d be looking elsewhere.
No- it sucks a$$.