Average Salary for The Bank of New York Mellon Corporation (BNY Mellon) Employees

Headquartered in New York City, N.Y., The Bank of New York Mellon Corporation (BNY Mellon) offers a range of employment opportunities in the financial services, from Fund Accountant to Senior Business Analyst. The median income for The Bank of New York Mellon Corporation (BNY Mellon) employees is $65K per year. Your experience level primarily drives compensation; however, what you do at the company and where you live are also reported as secondary influences on salary at The Bank of New York Mellon Corporation (BNY Mellon). This report is based on responses to the PayScale salary survey.

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Employer: The Bank of New York Mellon Corporation (BNY Mellon)
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About This Company

One Wall St
New York City, New York 10286

Financial Services, State Commercial Banks, Commercial Banking, All Other Nondepository Credit Intermediation

Bank Of New York Inc, Bank of New York Mellon, BNY Mellon, Bnymellon, Mellon Bank Corp, Mellon Financial Corporation, The Bank Of New York Mellon, The Bank of New York Inc., The Bank of New York Mellon Corporation


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Years of Experience

For those with one to four years of experience, median paychecks reach $44K annually. When we consider tenure, a substantial portion of employees (27 percent) have been working for five to nine years and make $67K per year on average.

Jobs

VPs of Operations earn the highest median pay at $98K annually, followed by Senior Business Analysts (about $81K), Client Service Managers (around $64K), and Operations Supervisors (approximately $59K). Accounting Specialists at The Bank of New York Mellon Corporation (BNY Mellon) do not see much in the way of financial compensation and represent one of the lower-paid positions (about $35K on average) at the company.

Locations

When it comes to location, the highest average paycheck (around $82K per year) can be spotted in Boston, Mass.; New York, N.Y. ($82K), Philadelphia, Pa. (approximately $60K), and Houston, Texas ($59K) are the next top-paying cities. Expected earnings are below average ($44K) in Westborough, Mass., one of the lowest-paid cities. By state, the highest pay levels are found in New York, where the average The Bank of New York Mellon Corporation (BNY Mellon) employee makes around $78K annually.

Certifications and Degrees

Financial Risk Manager Certifications earn about $125K per year, far more than their non-accredited counterparts. Chartered Financial Analysts with credentials can live quite comfortably; median salaries come in at $124K annually. Employees who have a Doctor of Philosophy (PhD) make the most here, hauling in $137K per year.

Skills

In this position, it pays to have Project Management in your toolkit; employees who claim proficiency enjoy a higher median salary of $84K annually. Microsoft Excel is a popular skill in the The Bank of New York Mellon Corporation (BNY Mellon) workforce; just under one in three of those surveyed report putting it to use in their jobs. Key skills also include Microsoft Office, Data Analysis, and Financial Analysis.

Benefits and Perks

Paid time off is in short supply here, with only 29 percent receiving paid vacation and one in five survey participants receiving paid sick days. A large number of survey participants allocate some part of their earnings to the company-sponsored 401(k) savings plan. Most workers have health insurance, and benefits for a large number of workers also include dental insurance. The Bank of New York Mellon Corporation (BNY Mellon) also dishes out privileges such as a casual working environment, life insurance, tuition reimbursement, and a stock purchase plan.

The Bank of New York Mellon Corporation (BNY Mellon) Employer Job Listings

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Key Stats for The Bank of New York Mellon Corporation (BNY Mellon)

Gender

Female
36 %
Male
64 %
Salary
$39,162 - $80,119
Salary
$38,132 - $101,084
Less than 1 year
6%
1-4 years
27%
5-9 years
27%
10-19 years
26%
20 years or more
14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 86 votes.
$37,613 - $82,672
$35,255 - $79,507
$39,478 - $122,397
$40,268 - $142,482

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