Banc of America Securities

  www.bofasecurities.com
  www.bofasecurities.com
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Banc of America Securities Reviews

16 Reviews
3.5
16 Reviews
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Banc of America Securities President Brian T. Moynihan
Brian T. Moynihan
4 Ratings

5 Employee Reviews Back to all reviews

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  1.  

    Good Wall St. experience Without Terrible Hours

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Charlotte, NC
    Former Employee - Anonymous Employee in Charlotte, NC

    I worked at Banc of America Securities

    Pros

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

    Cons

    Not being in NY can be challenging and working within the ever changing org structure can become very frustrating over time

    Advice to ManagementAdvice

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

    No opinion of CEO
  2.  

    Top Notch

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Investment Banking Analyst  in  Charlotte, NC
    Former Employee - Investment Banking Analyst in Charlotte, NC

    I worked at Banc of America Securities

    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 ManagementAdvice

    Thank you for the opportunity and experience.

    Recommends
    Approves of CEO
  3.  

    Ok

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Banc of America Securities

    Pros

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

    Cons

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

    Advice to ManagementAdvice

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

    Recommends
    No opinion of CEO
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  5.  

    Good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Banc of America Securities

    Pros

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

    Cons

    Not enough exposure to clients

    Advice to ManagementAdvice

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

    Recommends
    No opinion of CEO
  6.  

    BAS - Not a bad place to work...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Investment Banking Associate  in  Dallas, TX
    Former Employee - Investment Banking Associate in Dallas, TX

    I worked at Banc of America Securities

    Pros

    BAS 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.

    Cons

    Working 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 ManagementAdvice

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

    Recommends
    Approves of CEO

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