2026 BNY Summer Internship Program - Engineering
About the job
- Must be enrolled in an accredited university/college pursuing a bachelor's degree in computer science or engineering or a related technology discipline.
- Graduating in December 2026 or May 2027 (U.S.).
- Minimum cumulative GPA of 3.0 or better.
- Does not require sponsorship for employment visa status (now or in the future) in the country where applying.
- Apply scientific methods to find solutions to real business problems.
- Perform data analysis, feature engineering, and advanced methods to prepare and develop decisions based on data.
- Data mining using state-of-the-art methods.
- Provide insight into observed business outcomes through analytics.
- Perform data profiling to identify and understand anomalies in data.
- Automate data analysis and streamline analytical processes.
- Provide recommendations based on data trends uncovered when possible.
- Stay abreast of organization and management changes and has in-depth knowledge of company practices relevant to data science products.
- Grow and develop skills across the 3 domain specialties: Machine Learning, Feature Engineering and Advanced Analytics capabilities. Stressing expertise in the core functional areas: Computer Programming, Math & Analytic Methodology, Distributed computing, and communications of complex results.
About the company
BNY Mellon combines traditional asset management, custody, and investment services with digital capabilities. It is building a multi-asset digital platform that links cryptocurrencies and tokenized securities with conventional financial systems, serving individuals, corporations, and institutional clients. Pershing X expands digital capabilities to improve client experiences; the firm earns fees, commissions, and interest income. By integrating ESG factors and partnering with Citi and Verizon, it aims to connect digital innovation with secure, scalable financial services.
Company Size
10,001+
Company Stage
IPO
Headquarters
Town of East Hampton, New York
Founded
1784
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Simplify's Take
What believers are saying
- Second-quarter 2026 revenue reached $5.7 billion, up 13.3%, beating estimates.
- BNY plans tokenized Treasuries pilots on its private blockchain by end-2026.
- Board additions like Vikram Malhotra on October 1, 2026 deepen fintech and banking expertise.
What critics are saying
- Scilex sued BNY on March 16, 2026, alleging a $100 million stock-loan fraud.
- Canada's Supreme Court hit BNY on July 31, 2026 for evidence spoliation.
- BNY's full-time headcount fell to 48,100 by end-2025, signaling relentless automation pressure.
What makes The Bank of New York Mellon unique
- BNY held $62.6 trillion AUC/A on June 30, 2026, unmatched in custody banking.
- BNY launched tokenized deposits January 9, 2026 and Digital TA on July 29, 2026.
- BNY integrates custody, transfer agency, and blockchain rails for institutional asset servicing.
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Benefits
Health Insurance
Paid Vacation
Paid Sick Leave
Paid Holidays
Flexible Work Hours
Remote Work Options
Company News
BNY Mellon, the world's largest custody bank, oversees $62.6 trillion in client assets, primarily from pension funds, mutual funds, and other institutional investors. The bank generated $5.7 billion in revenue in the second quarter, up 13% year over year, with 70% derived from asset custody and servicing fees. Custody banks hold and service assets for large institutional customers, operating with a fee-based business model that generates reliable earnings across market cycles. BNY Mellon's fees increase as asset levels rise through appreciation or net inflows. The bank also earns revenue from investment management and interest income from sweep accounts, where idle client cash is invested in high-yielding instruments. As one of a handful of major custody banks, BNY Mellon benefits from a competitive moat and has been the best-performing bank stock over the past five years.
Bank of New York Mellon Corp acquired a new stake in The Pennant Group, Inc. (NASDAQ:PNTG – Free Report) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 114,332 shares of the company’s stock, valued at approximately $4,225,000. Other hedge funds also recently made changes to their positions in the company. Caitong International […]
Bank of New York Mellon Corp acquired a new stake in shares of Liberty Media Corporation – Liberty Formula One Series A (NASDAQ:FWONA – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 46,067 shares of the company’s stock, valued at approximately $4,033,000. […]
Bank of New York Mellon Corp acquired a new position in shares of Lightwave Logic Inc. (NASDAQ:LWLG – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 461,945 shares of the company’s stock, valued at approximately $4,370,000. Other large investors have also recently […]
Bank of New York Mellon Corp acquired a new stake in World Acceptance Corporation (NASDAQ:WRLD – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 20,447 shares of the credit services provider’s stock, valued at approximately $4,577,000. A number of other institutional […]