BNY Mellon

  See 61 Open Jobs
 

Overview

BNY Mellon is a global financial services company. Its businesses include mutual funds, hedge funds, wealth management, asset servicing, issuer services, clearing services, treasury services and others. The New York-based bank is one of the largest global asset managers and the world's largest asset servicer. It is the No. 2 provider in fund accounting, administration and transfer agency and No. 3 in alternative-fund assets under administration.

BNY Mellon is the result of the 2007 merger of The Bank of New York Co. Inc. and Mellon Financial Corp. In 2008, the company named and consolidated subsidiaries into the Bank of New York Mellon and BNY Mellon NA. The Dreyfus mutual funds are among its family of companies. One recent acquisition was JPMorgan Trust Bank Ltd. in Japan. It is also buying PNC Global Investment Servicing, a back-office operation that services other finance pros.

The U.S. Treasury hired the bank in 2008 as its lead institution to help manage the spending, lending and accounting of the $700 billion TARP bank bailout package. As a custody bank that provides rather staid back-office services, it's seen as fairly sound, but it has faced its share of troubles. Recently, the bank sold or restructured risky investments to the tune of $4.8 billion in losses. In 2008, its asset-management side took a $425 million charge to bail out 10 money-market funds affected by the Lehman bankruptcy to avoid breaking the buck. The company has also been touched by the Bernard Madoff Ponzi scheme. The bank agreed to transfer $301.4 million in Madoff accounts to the trustee in charge of liquidating it and distributing assets to customers.

The Bank of New York was founded by the future first U.S. Treasury Secretary Alexander Hamilton. The predecessor of the Pittsburgh-based Mellon Financial was founded by the Mellon family and was run by 1920s Treasury Secretary Andrew Mellon.

Sectors

Recruiting


The BNY Mellon Wealth Management unit is launching an expansion in the U.S., hiring in areas where it is well established, such as the Southeast, as well as other regions, such as Texas and the Northwest.

Online applicants are strongly urged to recreate an online profile on the company's careers site.



Facts & Resources


Employees:   42,300
Stock Quote   BK
Company Site:   www.bnymellon.com
Career Site:   Career



Resources


Subsidiaries & Divisions


  • Bank Of New York
  • BNY Capital Markets Inc.
  • BNY Holdings Corp.
  • Dreyfus Corp.
  • Ivy Asset Management Corp.
  • Mellon Bank NA
  • Mellon Bank (East) N.A.
  • Pershing Trading Company LP
  • Service Group Investments LLC
  • The Boston Company Inc

 

 
BNY Mellon Jobs
Customer Processing Analyst - PAS Job
Lake Mary, FL
Jul 23 2013
Project Mgr II Job
Pittsburgh, PA
Jul 23 2013
Regional President I Job
Denver, CO
Jul 23 2013
Corp Policies&Procedures PM Job
Pittsburgh, PA
Jul 23 2013
Policy & Procedure Writer, Compliance Job
Pittsburgh, PA
Jul 23 2013
Compliance Analyst III Job
Pittsburgh, PA
Jul 23 2013
Bus Line CFO I Job
Boston, MA
Jul 23 2013
Derivatives Ops Liaison II Job
Pittsburgh, PA
Jul 23 2013
Data Entry Op III Job
Richardson, TX
Jul 23 2013
Module Processor II Job
Richardson, TX
Jul 23 2013
Business Line Controller IV Job
New York City, NY
Jul 23 2013
AIS Fund Accountant I Job
Wilmington, DE
Jul 23 2013
AIS Fund Accountant II Job
Orlando, FL
Jul 23 2013
Compliance Officer II Job
Lake Mary, FL
Jul 23 2013
Customer Processing Analyst Job
Jersey City, NJ
Jul 23 2013
Senior Sales Director Job
Chicago, IL
Jul 23 2013
Court Accounting Accountant II Job
Pittsburgh, PA
Jul 23 2013
Global Settlements Specialists Job
San Francisco, CA
Jul 23 2013
Sales Dir Job
San Francisco, CA
Jul 23 2013
 




 
  • Copyright ©2014 Dice Holdings, Inc. All rights reserved.
Log in 
FINS Login
 
*Indicates required field
 
User Name*
Password*
     Forgot Your Password?
Or log in using your Facebook account:
Connect with Facebook