Bank of New York Mellon provides investment services with the mission of helping individuals and corporations conduct transactions in global markets. Entry-level candidates enjoy opportunities in full-time and part-time positions around the world.
Facts About Working at Bank Of New York Mellon
Minimum Age to Work at Bank Of New York Mellon: 18 years old (How old do you have to be to work at Bank Of New York Mellon?)
Bank Of New York Mellon Hours of Operation: Mon-Fri: 9:00am-6:00pm; Sat: 9:00am-2:00pm; Sun: Closed
Available Positions at Bank Of New York Mellon: Customer Service Representative, Bank Teller, Loan Officer, Mortgage Loan Specialist, Assistant Manager, General Branch Manager, Application Developer, Administrative Assistant, Business Development Associate, Benefits and Compensation Coordinator
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Bank of New York Mellon Job Opportunities
One of the longest-lasting financial institutions in the world, Bank of New York Mellon serves clients in over 100 markets across 35 countries. Bank of New York, founded in 1784 by Alexander Hamilton, merged with Mellon Financial Corporation on July 1, 2007 forming BNY Mellon. The company employs over 50,000 people worldwide and operates in six primary sectors including advisory services, asset management, asset servicing, broker-dealer, issuance services, treasury services, and wealth management. Entry-level employees find niches with opportunities in risk, communications, finance, human resources, operations, sales, technology, and legal.
BNY Mellon allows individuals opportunities to participant in diverse and inclusive environments. Business resource groups within the company focus on diversity. Women’s Initiative Network aids in the professional development and advancement of women within the banking firm. Recognized by the Anita Borg Institutes as a Top Company for Women Technologists, the firm advances women in technical roles and creates flourishing cultures. Staff members of all genders also serve communities and participate in initiatives, such as paid volunteer days.
Bank of New York Mellon Employment and Wages Information
An investment company thriving on collaboration, BNY Mellon openly engages coworkers by presenting innovative ideas. While college educations generally stand out on resumes, most entry-level positions only require high school diplomas or equivalents. Ideally candidates maintain excellent communication and interpersonal skills. Most positions also require computer knowledge and advanced typing skills. Openings frequently stand available in the following job titles:
Client Services Representative – Associates engage with clients to represent BNY Mellon and provide support to issues and concerns. By balancing potential risk and financial loss with opportunities of growth, employees identify and maintain commercial businesses. Client satisfaction and service excellence must continuously improve by seeking regular updates from internal and external clients. Client services representatives address customer queries and issues in timely fashions. Workers exemplify risk competency, accountability, and the ability to collaborate. Pay rates stand between $28,000 and $62,000 a year for eligible candidates. Representative levels dictate incomes and offer explanations to variances in pay.
Investment Administrator – Investment administrators, also known as team assistants, perform a variety of clerical and record-keeping duties to assist workloads in departments. Qualified candidates flourish under changing environments and adapt quickly. Often required to manage many small projects at once, successful employees multitask and handle pressure efficiently. Salary options range from $32,000 to $50,000 based on communication skills and previous experience. Assistants should also possess top-notch writing and listening skills. Team members may perform duties such as tracking supplies, receiving and distributing mail, filing and scanning department documents, and copying packets.
Payment Processor – By entering and verifying manual and electronic payments and deposits, payment processors uphold responsibilities of performing accurate and timely data entry. With salary packages of $24,000 to $27,000 a year, eligible applicants must maintain impeccable typing skills. Offered as entry-level positions, payment processor jobs require no experience and only high school diplomas or equivalents. Processors must exhibit organization at all times due to numerous policies and procedures. Electronic payments in S.W.I.F.T, ISO, cash register, and deposit formats often occur requiring some previous experience. Managers value exceptional interpersonal and communication skills, as payment processors frequently provide feedback about customer inaccuracies. Due to the nature of the position, good reading and interpretive abilities remain mandatory.
Tips For Applying
Applicants showing interest in BNY Mellon should apply online. Submitting resumes and application forms through the online career portal provides the fastest response. The company encourages candidates to create profiles. Profiles enable users the ability to post resumes electronically, update personal profiles, provide contact information, change job preferences, and track previously submitted applications. Job postings update daily allowing applicants to search for the latest openings. Employment seekers should also follow the company on social media sites like Facebook, Twitter, and LinkedIn to reveal recent career updates. BNY Mellon Careers on Facebook discloses interview tips, recent openings, employee stories, and other newsworthy events. Resumes should include experiences and skills pertaining to the positions of interest. Interviewees should also share accomplishments and demonstrate the ability to collaborate.
Most hiring processes take three weeks to complete with some variance depending on positions and branches completing the interviews. Hopefuls should expect three interviews with the first one normally over the phone. Applicants may view statuses of applications on the job page tab. Positions on hold or filled reflect inactive statuses and generally accompany email notifications disclosing such updates. Recruiters contact candidates possessing the necessary qualities and experience levels desired. Applications failing to meet the minimum qualifications receive email notifications. Distinguishable job seekers send thank-you letters or emails after interviews.
Benefits of Working for The Bank of New York Mellon
An employer of choice from people around the world, the company invests in the personal and professional wellbeing of individuals. Vision, dental, and medical insurance reflect extensive healthcare coverage packages. Work benefits also include 401(k) plans, paid time off, and vacations. Associates balance wellness through employee assistance programs, flexible work arrangements, and leaves of absence designed for family responsibilities. BNY Mellon believes in community involvement and offers up to three paid volunteer days to eligible employees, as well. Company learning institution, BNY Mellon University, launched in 2013, fosters career development through continuing education. With classes in a variety of formats, individuals learn to grow and thrive in the workplace.
More Information on The Bank of New York Mellon
BNY Mellon achieves social responsibility by collaborating with suppliers, employees, and customers. Working to create environmental sustainability, the company seeks ways to improve direct and indirect impacts. The firm invests in the world by participating in ecofriendly tactics, such as educating employees, green investments, and offering socially responsible products. Workers engage in paper reduction programs and monitor consumption on global levels. Through recycling and alternative waste management solutions, large quantities of waste divert from landfills. The corporation also developed educational programs to raise awareness and promote responsible environmental behavior.