Banc of America Securities

  www.bofasecurities.com
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3.5 16 reviews

75% Approve of the CEO

Banc of America Securities President Brian T. Moynihan

Brian T. Moynihan

(4 ratings)

75% of employees recommend this company to a friend
5 Employee Reviews Back to all reviews
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    • Work/Life Balance
    • Senior Management
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    • No Opinion of CEO

     

    Good Wall St. experience Without Terrible Hours

    Anonymous Employee (Former Employee) Charlotte, NC

    ProsBAS gives you the same basic training as any other Investment Bank and deal flow in certain areas is very strong

    ConsNot being in NY can be challenging and working within the ever changing org structure can become very frustrating over time

    Advice to Senior ManagementAdvice would include better feedback and provide more stable work environment by not constantly re-organizing product areas and promote better communication across geographic regions

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
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    • Approves of CEO

     

    Top Notch

    Investment Banking Analyst (Former Employee) Charlotte, NC

    Pros* Compensation
    * Colleagues are some of most intelligent in the industry
    * Great place to network for future opportunities
    * Good deal flow
    * Resume builder with experience at a bulge bracket bank

    Cons* Tough work/life balance
    * Not a place to work if you thrive on positive feedback
    * Little to no communication with senior management

    Advice to Senior ManagementThank you for the opportunity and experience.

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
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    Ok

    Anonymous Employee (Former Employee) New York, NY

    ProsOne gets the chance to work for a big player in the field as well be in a growing company.

    ConsIt is a growing company so not so much deals, plus the economy is terrible. Lost of hours so be prepared.

    Advice to Senior Managementreduce the hours of the employees to make them happy and keep them, or else they leave to do other jobs

    Yes, I would recommend this company to a friend

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    • Work/Life Balance
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    Good

    Anonymous Employee (Former Employee)

    ProsI really enjoyed the people I worked with. The analytical skills taught were exceptional in addition to client time. I would work there again.

    ConsNot enough exposure to clients

    Advice to Senior ManagementInvolve people below senior level management more exposure to clientele and have them involved in the winning business process rather than solely execution.

    Yes, I would recommend this company to a friend

    • Work/Life Balance
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    BAS - Not a bad place to work...

    Investment Banking Associate (Former Employee) Dallas, TX

    ProsBAS tends to be one of the more stable investment banks. They may not pay the highest on the street, but they also do not get hit as hard during the downturns.

    ConsWorking for an investment bank tied to a commercial bank (in the pre-fallout era) did mean that you had to put up with some commercial banking PR garbage that was unnecessary. Stuff like corporate donations to various charities, training that was a waste of time for investment banking personell...etc. There were a few instances in 2007 of groups that received zero bonuses for the year, although this was laregly in groups that were MBS/ABS related.

    Advice to Senior ManagementSenior Management has done an acceptable job in managing the investment bank, but they should let BAS have more autonomy from BAC.

    Yes, I would recommend this company to a friend

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