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The Bank of New York Mellon Overview

The Bank of New York Mellon Corporation, doing business as BNY Mellon, is an American worldwide banking and financial services holding company headquartered in New York City. It was formed on July 1, 2007, as a result of the merger of The Bank of New York and Mellon Financial Corporation.
The staff at The Bank of New York Mellon come from unusually diverse demographic backgrounds. The company is 39.0% female and 42.4% ethnic minorities. Despite its diversity in other areas, The Bank of New York Mellon employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 68.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. The Bank of New York Mellon has great employee retention with staff members usually staying with the company for 6.0 years. The average employee at The Bank of New York Mellon makes $83,066 per year. Pay at The Bank of New York Mellon is significantly lower than some of its highest paying competitors, like Morgan Stanley, Goldman Sachs, and BlackRock, which pay $105,676, $99,431, and $95,234, respectively.
The Bank of New York Mellon is an industry leader with 51,300 employees and an annual revenue of $16.4B that is headquartered in New York, NY.

The Organization’s Mission

Bank of banks, our unique perspective, informed by one of the largest datasets in the world, powers the financial industry.

Industry

Financial Services

Revenue

$16.4B

Employees

51,300

Founded in

2007

Headquarters

New York, NY

Website

www.bnymellon.com

Organization Type

Public

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The Team At The Bank of New York Mellon

Key People
  • Catherine Rein (Director)
  • John Hinshaw (Director)
  • Kevin McCarthy (Executive Officer)
  • Brian Rogan (Executive Officer)
  • Samuel Scott (Director)
  • Emily Portney (Chief Financial Officer)
  • Gerald Hassell (Executive Officer, Director)
  • Eva Radtke (Chief Communications Officer)
  • Jeffrey Goldstein (Director)
  • William Richardson (Director)
  • Wesley Von Schack (Director)
  • Brenda Tsai (Chief Marketing Officer)
  • John Park (Executive Officer)
  • Monique Herena (Chief Human Resources Officer)
  • Nicholas Donofrio (Director)
  • Edmund Kelly (Director)
  • Richard Brueckner (Executive Officer)
  • Richard Kogan (Director)
  • Brian Shea (Executive Officer)
  • Karen Peetz (Executive Officer)
  • Michael Kowalski (Director)
  • Curtis Arledge (Executive Officer)
  • Charles Scharf (ceo)
  • Thomas Gibbons (Executive Officer)
  • Mark Nordenberg (Director)
  • John Luke Jr. (Director)
  • Thomas P. (Todd) Gibbons (Chief Executive Officer)

The Culture At The Bank of New York Mellon

Information provided by the company
Our commitment to career growth and mobility is at the core of our people oriented culture, as evidenced by our tenured staff. We welcome the opportunity to speak with you!
It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.
Newton pride themselves on being an employer of choice, with a flexible working environment and a commitment to diversity and opportunity among its employees.
Do you want to challenge the traditional way of thinking with innovative ideas for better outcomes
Advocates for innovative, creative technology solutions.
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The Bank of New York Mellon Reviews

Zippia Official Logo

1.0

Zippia UserJanuary 2021

1.0

Zippia Official LogoZippia UserJanuary 2021

What Do You Like About Working There?

Working in the finance industry Show More

What DON'T You Like About Working There?

Management/company priorities Show More

What Are Your Favorite Benefits/Perks?

nice 401k company match Show More
Zippia Official Logo

5.0

Zippia UserAugust 2020

5.0

Zippia Official LogoZippia UserAugust 2020

What Do You Like About Working There?

Room for growth, very professional, excellent benefits and the list goes on. Show More

What DON'T You Like About Working There?

Laying off staff is the nature of the Banking Business. Show More

What Are Your Favorite Benefits/Perks?

The 401K benefits, employee rewards and more. Show More
Zippia Official Logo

1.0

Zippia UserJuly 2019

1.0

Zippia Official LogoZippia UserJuly 2019

What Do You Like About Working There?

Nothing. Itis a terrible place to work Show More

What DON'T You Like About Working There?

Low wages, no advancement opportunities Show More

What Are Your Favorite Benefits/Perks?

There are none Show More
Zippia Official Logo

3.0

Zippia UserMay 2019

3.0

Zippia Official LogoZippia UserMay 2019

What Do You Like About Working There?

They really have a competitive salary for managers Show More

What DON'T You Like About Working There?

The Richardson Texas site is like a satellite location and the management is older. They are set in there way and very unfair, unprofessional and manage by threats. The excessive overtime and unprofessional assistant site manager Show More

What Are Your Favorite Benefits/Perks?

I love the that they have vacation, and great medical benefits. They also have 401K Show More
Anonymous review of The Bank of New York Mellon

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The Bank of New York Mellon Rankings

The Bank of New York Mellon is ranked #38 on the Best Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

The Bank of New York Mellon Salaries

How much does The Bank of New York Mellon pay?
The national average salary for a The Bank of New York Mellon employee in the United States is $83,066 per year. Employees in the top 10 percent can make over $141,000 per year, while employees at the bottom 10 percent earn less than $48,000 per year.
9.8
Salary Score
Average Employee Earnings

The Bank of New York Mellon Salaries By Job Title

While The Bank of New York Mellon employees earn an average yearly salary of $83,066, different roles can command different wages. Some of the positions that earn high wages at The Bank of New York Mellon include controller, vice president, senior associate, team leader, and human resources business partner. A worker with the title controller, vice president salary at The Bank of New York Mellon can earn an average yearly salary of $151,933. Other roles at The Bank of New York Mellon include data entry clerk and customer service representative. A data entry clerk at The Bank of New York Mellon earns an average yearly salary of $30,431.
Job Title
Title
ascdesc
Average Salarydesc
Controller, Vice President
Salary Range139k - 164k$152k$151,933
Senior Associate
Salary Range113k - 160k$135k$134,643
Team Leader
Salary Range108k - 145k$126k$125,526
Human Resources Business Partner
Salary Range109k - 135k$122k$121,831
Lead Technician
Salary Range108k - 124k$117k$116,555
Senior Specialist
Salary Range108k - 125k$117k$116,542
Assistant Treasurer
Salary Range99k - 135k$116k$116,222
Relationship Manager
Salary Range95k - 141k$116k$115,988
Project Manager
Salary Range96k - 139k$116k$115,931
Investment Representative
Salary Range97k - 136k$115k$115,325
$64k
$164k

The Bank of New York Mellon Careers

On average, employees at The Bank of New York Mellon stay with the company for 6.0 years. Employees most commonly join The Bank of New York Mellon after leaving JPMorgan Chase & Co.. When they leave The Bank of New York Mellon, they most frequently get their next job at The PNC Financial Services Group.

Average Length of Employment

KeyBank
6.4 years
Wells Fargo
4.3 years

Top Employers Before The Bank of New York Mellon

Top Employers After The Bank of New York Mellon

Citigroup
12.1 %

The Bank of New York Mellon Employee Demographics

9.8
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

The Bank of New York Mellon Employees Education

Of the 51,300 employees at The Bank of New York Mellon, 16.0% attended University of Pittsburgh. Employees at The Bank of New York Mellon most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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The Bank of New York Mellon Employee Political Affiliation

The Bank of New York Mellon employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a The Bank of New York Mellon employee was by Michael Simpson. Michael Simpson donated $91,700 to the Democratic Party.

Employee Political Donations

NameascdescJob TitleascdescPartyascdescDonationascdesc
Michael SimpsonAccounting Manager
Michael Simpson
Accounting Manager
Accounting Manager
Democratic Party
Democratic Party
$91,700Democratic Party
$91,700
Gerald HassellPresident
Gerald Hassell
President
President
Republican Party
Republican Party
$43,700Republican Party
$43,700
Thomas GibbonsBanker
Thomas Gibbons
Banker
Banker
Republican Party
Republican Party
$28,100Republican Party
$28,100
Jane SherburneAttorney
Jane Sherburne
Attorney
Attorney
Democratic Party
Democratic Party
$20,650Democratic Party
$20,650
Richard BruecknerFinance Executive
Richard Brueckner
Finance Executive
Finance Executive
Republican Party
Republican Party
$17,000Republican Party
$17,000
Karen PeetzBanker
Karen Peetz
Banker
Banker
Democratic Party
Democratic Party
$16,000Democratic Party
$16,000
Timothy KeaneyChief Executive Officer
Timothy Keaney
Chief Executive Officer
Chief Executive Officer
Democratic Party
Democratic Party
$16,000Democratic Party
$16,000
Curtis ArledgeChief Executive Officer
Curtis Arledge
Chief Executive Officer
Chief Executive Officer
Republican Party
Republican Party
$15,700Republican Party
$15,700
ANN CostelloManaging Director
ANN Costello
Managing Director
Managing Director
Republican Party
Republican Party
$15,400Republican Party
$15,400
Robert SamolukHuman Resources Manager
Robert Samoluk
Human Resources Manager
Human Resources Manager
Democratic Party
Democratic Party
$13,426Democratic Party
$13,426
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The Bank of New York Mellon Financial Performance

10.0
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

2007

Organization type

Public

The Bank of New York Mellon Financing Rounds

DateascdescAmountascdescSecurity Typeascdesc
Oct 2, 2014Debt
Oct 2, 2014
$5,000,000,000
$5,000,000,000
Debt
Debt
Oct 4, 2012Debt
Oct 4, 2012
$5,000,000,000
$5,000,000,000
Debt
Debt
Jul 23, 2010Debt
Jul 23, 2010
$1,500,000,000
$1,500,000,000
Debt
Debt

How Would You Rate The Company Culture Of The Bank of New York Mellon?

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The Bank of New York Mellon Subsidiaries

Subsidiaries to The Bank of New York Mellon include Dreyfus Service Organization. Employees at the parent company, The Bank of New York Mellon, earn $83,066 whereas employees at Dreyfus Service Organization earn $62,391, on average.
Company
ascdesc
Average Salarydesc
Dreyfus Service Organization
Salary Range43k - 89k$62k$62,391
$43k
$89k

The Bank of New York Mellon Competitors

Based on our research, similar companies to The Bank of New York Mellon are Morgan Stanley, Goldman Sachs, and BlackRock. The average salaries at Morgan Stanley rank the highest, with their employees earning an average salary of $105,676 per year. The salaries at Goldman Sachs average $99,431 per year, and the salaries at BlackRock come in at $95,234 per year.
Companydesc
Average Salarydesc
Morgan Stanley
Salary Range78k - 141k$106k$105,676
Goldman Sachs
Salary Range77k - 127k$99k$99,431
BlackRock
Salary Range71k - 125k$95k$95,234
Charles Schwab
Salary Range68k - 118k$90k$89,967
State Street
Salary Range69k - 114k$89k$88,970
American Tower
Salary Range63k - 106k$82k$82,141
Franklin Resources
Salary Range59k - 104k$79k$78,719
American Express
Salary Range56k - 107k$78k$77,853

Voya Financial

Salary Range55k - 105k$76k$76,332
American International Group
Salary Range49k - 95k$68k$68,329
$26k
$141k

Frequently Asked Questions about The Bank of New York Mellon

When was The Bank of New York Mellon founded?

The Bank of New York Mellon was founded in 2007.

How many Employees does The Bank of New York Mellon have?

The Bank of New York Mellon has 51,300 employees.

How much money does The Bank of New York Mellon make?

The Bank of New York Mellon generates $16.4B in revenue.

What industry is The Bank of New York Mellon in?

The Bank of New York Mellon is in the financial services industry.

What is The Bank of New York Mellon's mission?

The Bank of New York Mellon's mission statement is "Bank of banks, our unique perspective, informed by one of the largest datasets in the world, powers the financial industry."

What type of company is The Bank of New York Mellon?

The Bank of New York Mellon is a public company.

Who are The Bank of New York Mellon's competitors?

The Bank of New York Mellon competitors include Bank of America, KeyBank, Wells Fargo, State Street, Charles Schwab, American International Group, Fifth Third Bank, Comerica, Goldman Sachs, Morgan Stanley, Franklin Resources, Citigroup, BlackRock, U.S. Bank, American Express, Voya Financial, American Tower, Bank of the West, First American Financial, Lincoln National.

Who works at The Bank of New York Mellon?

Catherine Rein (Director)

John Hinshaw (Director)

Kevin McCarthy (Executive Officer)

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Updated July 8, 2021

Zippia gives an in-depth look into the details of The Bank of New York Mellon, including salaries, political affiliations, employee data, and more, in order to inform job seekers about The Bank of New York Mellon. The employee data is based on information from people who have self-reported their past or current employments at The Bank of New York Mellon. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of The Bank of New York Mellon and its employees or that of Zippia.

The Bank of New York Mellon may also be known as or be related to BNY Mellon, BNY Mellon LLC, Bank of New York Mellon Corp, THE BANK OF NEW YORK MELLON CORP, The Bank of New York Mellon and The Bank of New York Mellon Corporation.