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 38.7% female and 40.9% ethnic minorities. The Bank of New York Mellon employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 63.1% of employees identifying as members of the Democratic Party. Despite their political differences, employees at The Bank of New York Mellon seem to be happy. The company has great employee retention with staff members usually staying for 4.2 years. The average employee at The Bank of New York Mellon makes $82,840 per year. Pay at The Bank of New York Mellon is significantly lower than some of its highest paying competitors, like Morgan Stanley, Charles Schwab, and Goldman Sachs, which pay $119,629, $108,428, and $105,030, 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, New York.

The Organization’s Mission

We are focused on innovation that powers global investments and helps clients succeed. BNY Mellon has always been at the forefront of technology, leading the way with new applications that help the global capital markets grow and enable people to invest for success.

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)
  • John Luke Jr (Director)
  • Brian Rogan (Executive Officer)
  • Samuel Scott (Director)
  • Eva Radtke (Chief Communications Officer)
  • Gerald Hassell (Executive Officer, Director)
  • Michael Santomassimo (CFO)
  • Jeffrey Goldstein (Director)
  • William Richardson (Director)
  • Wesley 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)

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 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 #83 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 $82,840 per year. Employees in the top 10 percent can make over $146,000 per year, while employees at the bottom 10 percent earn less than $46,000 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 $82,840, different roles can command different wages. Some of the job titles with high salaries at The Bank of New York Mellon are Assistant Treasurer, Controller, Vice President, Project Leader, and Lead Technician. A typical Assistant Treasurer salary at The Bank of New York Mellon is $147,885 per year. Other roles at The Bank of New York Mellon include Teller and Customer Service Representative. A Teller at The Bank of New York Mellon earns an average yearly salary of $30,657.

The Bank of New York Mellon Careers

On average, employees at The Bank of New York Mellon stay with the company for 4.2 years. Employees most commonly join The Bank of New York Mellon after leaving JPMorgan Chase. 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

The Bank of New York Mellon

4.2 years
State Street4.0 years
Top Employers Before The Bank of New York Mellon
Citi8.7 %
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Top Employers After The Bank of New York Mellon
Citi10.3 %
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The Bank of New York Mellon Financial Performance

9.8
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

DateAmountSecurity Type
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

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The Bank of New York Mellon Subsidiaries

Subsidiaries to The Bank of New York Mellon include BNY Clearing Services, Pershing, and Dreyfus Service Organization. Employees at the parent company, The Bank of New York Mellon, earn $82,840. In comparison, the salaries at BNY Clearing Services, Pershing, and Dreyfus Service Organization are $85,481, $82,518, and $67,961.
Company
Average Salary
BNY Clearing Services
BNY Clearing Services
$85,481
$85k
Pershing
Pershing
$82,518
$83k
Dreyfus Service Organization
Dreyfus Service Organization
$67,961
$68k
BNY Holdings
BNY Holdings
$66,537
$67k
Rheingau Founders
Rheingau Founders
$48,331
$48k

The Bank of New York Mellon Competitors

Based on our research, similar companies to The Bank of New York Mellon are Morgan Stanley, Charles Schwab, and Goldman Sachs. The average salaries at Morgan Stanley rank the highest, with their employees earning an average salary of $119,629 per year. The employees at Charles Schwab earn an average yearly salary of $108,428 per year, and the salaries at Goldman Sachs average $105,030 per year.
Company
Average Salary
$82,518
$83k
$73,912
$74k

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 "We are focused on innovation that powers global investments and helps clients succeed. BNY Mellon has always been at the forefront of technology, leading the way with new applications that help the global capital markets grow and enable people to invest for success."

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 State Street, Bank of America, JPMorgan Chase, Morgan Stanley, KeyBank, Wells Fargo, U.S. Bank, Fifth Third Bank, Goldman Sachs, BlackRock, Comerica, Pershing, Citi, The PNC Financial Services Group, Capital One, SunTrust Banks, Citizens Financial Group, Charles Schwab, American Express, First Data.

Who works at The Bank of New York Mellon?

Catherine Rein (Director)

John Hinshaw (Director)

Kevin McCarthy (Executive Officer)

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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, 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.