Company Profile
BNY Mellon
Company Overview
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance and technology. Being one of the world's top asset management and banking firms that manages $41 trillion in assets, has 94% of the world’s top banks as customers, and one of the first to use computing technology and access the largest data set available globally, we have the insights, solutions, technology and the talent to shape the future of finance.
Founded in 1784 by Alexander Hamilton, not only have we been an engine behind the evolution of the financial industry, we’ve evolved at every step. Today we’re more than 50k+ employees across 35 countries. Our ability to achieve more, innovate more, and positively impact more lives is dependent on our ability to work and grow together. Together, we are more.
Some of our Awards:
- FORTUNE 2022 World’s Most Admired Companies
- Corporate Equality Index, Human Rights Campaign Foundation, 2021
- CDP’s Climate Change ‘A List’
- Best Places to Work for Disability Inclusion, Disability: IN and the American Association of People with Disabilities (AAPD), 2021
- Bloomberg’s Gender Equality Index (GEI), 2021 and 2020
- Hong Kong LGBT+ Inclusion Index Gold Standard, 2021
- Winning "W" Company for 20%+ Women on Board of Directors, 2020
Company History
We’ve been at the forefront of change in the financial world for over 230 years. We have weathered times of calm and crisis, and we have done it by adapting, refining and consistently improving our services. That spirit of discovery has enabled us to stay ahead of the curve and deliver maximum success for our clients yesterday, today and tomorrow.
1780s - Founded by Alexander Hamilton in 1784 as one of the first US Banks, we issued the first loan to the US government.
1790s – the first stock traded on the New York Stock Market in 1792, which became the NYSE.
1880s – One of the first banks to offer bank accounts to women. 1970s – Launched the first money market fund.
1980s – Introduced the first tri-party repo trade.
1990s – Launched the first European ETF and First bank to process securities over the internet!
2000s – First International wire and The Bank of New York and Mellon merge – creating BNY Mellon!
2010s – First to launch a mobile trading app!
TODAY – Bank to 94% of the world’s top banks, ¾ of the Fortune 500, operating in 35 countries
Notable Accomplishments / Recognition
BNY Mellon has a 237-years-strong history of powering individuals and institutions to succeed across the financial world. As the “the bank of banks” — 97% of the world’s top banks work with us — we’ve earned a reputation as being vital to the financial industry.
Benefits
BNY Mellon offers a highly competitive benefit program rooted in its pay-for-performance philosophy. We periodically review and modify direction to align with the market, and recently increased our minimum hourly salary rate for employees based in the U.S. Additionally, the firm has debuted a new paid leave program for caregivers and has increased its 401(k) contributions.