Thread regarding Bank of New York Mellon Corp. layoffs

Titles

Does anyone know the titles and salary bands for employees in NYC? Trying to compare vs other banks

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| 67841 views | | 8 replies (last June 28, 2022) | Reply
Post ID: @OP+1hpvKvSC

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VP title is handed out like water. Mediocrity is rewarded, but if you eat a55 well enough, you may get more than those who’ve shown loyalty (or inability to transfer out) by staying

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Post ID: @3hbf+1hpvKvSC

i never can find and numbers for salary bands on any internal site

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Post ID: @2xjx+1hpvKvSC

i never can find and numbers for salary bands on any internal site

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Post ID: @2skw+1hpvKvSC

To the poster asking about the Specialist role, yes, that is generally a VP position in my experience. But, probably depends on business line, etc. Analyst role is below specialist and is not VP.

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Post ID: @2apy+1hpvKvSC

If you are currently an employee, you can find the salary bands in various internal sites publically.

BNY has 3 salary grades which correspond to "VP", while other companies have AVP, VP, and SVP. This is why everyone, even ones who are just doing menial backoffice work with no reports, is a VP in BNY.

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Post ID: @2njy+1hpvKvSC

Is a specialist below VP?

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Post ID: @1uac+1hpvKvSC

I hope bank of New York Mellon stops hiring losers from state street

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Post ID: @1bha+1hpvKvSC

A former colleague who went to JPM told me something along the lines of “if you are a VP at BNYM, that’s equivalent to an AVP at most other firms”.

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Post ID: @wgk+1hpvKvSC

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