Thread regarding Bank of New York Mellon Corp. layoffs

How satisfied are you with the things you have learned here?

I thought that after many years of work here I would have a lot of knowledge and experience, until I moved to another bank. Now I am literally ashamed to say that I worked at BNYMellon and that I lack so many skills.
I would love to hear about the experiences of others who have gone to other companies with regards to skillset they gained while working here.

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| 47298 views | | 7 replies (last May 4, 2021) | Reply
Post ID: @OP+1azwwhsf

7 replies (most recent on top)

I actually learned alot that top AUM asset management firms have reached out to me. Except this only happened when I moved on to a more prestigious place. The experience from bny is what they ere looking for but they're not too impressed with the name

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Post ID: @7xwq+1azwwhsf

I am losing my skillset that I gained from previous companies that I worked for. I am not using them. Just using system procedures here. BNY is d-mbing me down!

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Post ID: @2wlo+1azwwhsf

I can't wait to show the outside world my new skills!

  • Like how to create an INC to expedite the service request I created for a new processing ID.
  • Or how to request SAN storage for the MQ appliance so I can submit a request to create an MQ session.
  • Or how to read dozens of pages of documentation on how to enter custom data into ServiceNow that can't possible be analyzed without manually extracting it to spreadsheets and messaging it.
  • Or how to open a JIRA to set up new HiPAM access.
  • Or how to enter DR test cases into their ancient web interface.
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Post ID: @2zlt+1azwwhsf

I worked in a couple of other large financial institutions. Been at BNYM for just over 3 years. At BNYM I've used so few of the people and management skills I'd developed in 15 years of management. I see no strategy from my bosses, they are generally BNYM lifers, lacking ideas, deep into the technical details they know how to overcome problems when they arise but don't know how to plan a route to avoid repeat issues.
My team have all been there much longer than me and I see huge gaps in their knowledge compared to colleagues from other companies, the Bny team happily follow procedures but are just ticking boxes, not thinking about how to improve flows and I have given up trying. I blame the culture for that.

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Post ID: @2tiu+1azwwhsf

We get it, @1xii+1azwwhsf. You're pi---d that you have to go into the office when so many get to work from home. Get over it.

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Post ID: @2nqx+1azwwhsf

I learned how to appear busy when working from home when I really was running errands and watching TV

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Post ID: @1xii+1azwwhsf

People actually learned things at BNY?

I was there for close to five years before I left and it felt like one gigantic fever dream.

You were trained enough to do the work. If you reached out to learn more or take a series of notes, you'd get chastised with "Didn't you go over this last year?"

You're told to reach out and keep the lines of communication open between clients and your team in order to reduce error, but you're chastised by a manager that thinks you don't know what you're doing. You have to explain that you're doing exactly what the high level executives asked you to do in a town hall meeting.

The embarrassment complex a lot of managers have as well as their disconnect from their own immediate staff leads to a culture where nobody learns anything because they're expected to learn everything within two months. You're told it's good to reach out and ask questions, but when you practice it, you're treated like a buffoon that doesn't know what they're doing rather than someone invested in their job and looking to expand their knowledge.

BNY absolutely needs an en--a.

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Post ID: @1ooc+1azwwhsf

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