Significant Challenges in Market Risk - Recensione dipendente - Dipendente anonimo presso BNY

1,0
11 feb 2025
Dipendente anonimo
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Work Life Balance -The workload is light, often requiring only 1-2 hours of focused work per day due to overstaffing within the team.

Svantaggi

My experience in the Market Risk at BNY has been unsatisfactory and disappointing due to several challenges. Below are my observations: 1. Lack of Meritocracy: The company does not appear to operate on a merit-based system. Talented employees often bear the burden of assisting less capable colleagues without recognition or reward. This imbalance has led to high turnover, with many dedicated and skilled employees leaving the team over the past few years. 2. Management Style: Leadership tends to favor employees who agree unquestioningly with their decisions over those who provide constructive feedback or innovative solutions. This approach discourages critical thinking and problem-solving, which are vital for the company’s success. 3. Workplace Dynamics: There is a notable lack of sensitivity and professionalism in interpersonal interactions. I have personally experienced instances of public criticism from my manager and unwelcoming behavior from colleagues, creating an unproductive and uncomfortable work environment. 4. Conflict Resolution: The team frequently encounters interpersonal conflicts, which are often escalated to management. Unfortunately, the resolution process lacks transparency and fairness, further eroding trust among team members. 5. Resource Allocation and Focus: The team appears overstaffed, yet a significant portion of energy is expended on navigating internal politics rather than addressing core responsibilities. This misallocation of focus detracts from the department’s efficiency and morale.

Esplora altre recensioni su BNY

5,0
23 giu 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Really technology driven and laid back first

Svantaggi

Low salary for new associates.

4,0
5 lug 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

There is real opportunity for career and skill growth. The company runs short on head count, so people willing to take on more responsibilities have avenues to progress. However, you will need to force the issue for promotions & large salary increases after you prove your capabilities. Realistically it'll take an external counteroffer to move the needle.

Svantaggi

It's a large bank and you're a number in the system. If your NPV is positive you'll stay, else you'll be laid off. This includes both scenarios you control and those you don't. Ex. You control your performance, in office time and networking You don't control if your location is a strategic growth site, if a major client goes with a competitor, or if you'd be impacted by a general company-wide layoff plan.

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