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

The Bank of New York Mellon Corporation (BNY Mellon) is a financial services firm headquartered in New York City, N.Y. that hires for Fund Accountant positions, VP of Operations roles, and more. Compensation for The Bank of New York Mellon Corporation (BNY Mellon) employees is around $65K annually on average. At The Bank of New York Mellon Corporation (BNY Mellon), the biggest piece of the paycheck puzzle is how long you've been working — it impacts salary more than anything else — though what you do at the company and where you live each factor into the equation as well. This overview is based on answers to PayScale's salary questionnaire.

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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

Five to nine years of work experience seem to result in median wages of approximately $66K per year. The greater proportion of employees (30 percent) report one to four years of experience and bring home median pay of about $47K annually.

Jobs

VPs of Operations represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $98K per year — though Senior Business Analysts, Finance & Banking Business Analysts, and Client Service Managers also do fairly well at $82K, around $65K, and $64K, respectively. With salaries averaging about $42K, Fund Accountants are among the lowest paid at The Bank of New York Mellon Corporation (BNY Mellon).

Locations

When it comes to location, the highest average paycheck (approximately $89K annually) can be spotted in New York, N.Y.; Boston, Mass. ($83K), Houston, Texas (around $59K), and Dallas, Texas ($56K) are the next top-paying cities. At $44K, Westborough, Mass. is home to some of the lowest pay in the country. Pay rates in the United States are highest in the state of New Jersey, where they average to $82K per year.

Certifications and Degrees

Certified Information Systems Auditors earn $148K annually, far more than their non-accredited counterparts. Chartered Financial Analysts with credentials can live quite comfortably; median salaries come in at $145K per year. The highest-paying degree here is a Bachelor of Commerce (BCom); The Bank of New York Mellon Corporation (BNY Mellon) awards about $233K to these degree-holders.

Skills

In this position, it pays to have Project Management in your toolkit; employees who claim proficiency enjoy a higher median salary of around $81K annually. One of the more prevalent skills at The Bank of New York Mellon Corporation (BNY Mellon) is Microsoft Excel, with just under one in three considering it a key competency. Microsoft Office, Data Analysis, and Financial Analysis round out the set of key employee skills.

Benefits and Perks

Paid time off is hard to come by at The Bank of New York Mellon Corporation (BNY Mellon); the company rewards only one in four workers with paid vacation time and only a sixth of survey respondents with sick leave. Most respondents participate in the company's 401(k) retirement savings plan. Health insurance comes as part of the deal for most survey participants, and most workers report receiving dental coverage as well. Some other advantages of working at The Bank of New York Mellon Corporation (BNY Mellon) are 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
39 %
Male
61 %
Salary
$38,271 - $80,516
Salary
$37,762 - $98,355
Less than 1 year
5%
1-4 years
31%
5-9 years
24%
10-19 years
27%
20 years or more
13%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 108 votes.

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