Bank of America Reviews

Updated September 2, 2015
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703 Employee Reviews

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  1. review

    • Career Opportunities
    Former Employee - Mortgage Process Support/Customer Relationship Manager in Charlotte, NC
    Former Employee - Mortgage Process Support/Customer Relationship Manager in Charlotte, NC

    I worked at Bank of America (More than a year)

    Pros

    Big company to work for

    Cons

    Not very black man friendly


  2. Customer Service

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Loan Processor-Customer Relationship Manager in Charlotte, NC
    Former Employee - Loan Processor-Customer Relationship Manager in Charlotte, NC
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Having the ability to help consumers not only to stay in their homes but to do so with a more comfortable payment.

    Cons

    Not being able to help all clients with a favorable outcome

    Advice to Management

    I've always found when managers give positive/negative feedback it encourage concrete goals ,how time is spent, impact long term goals for the team.


  3. Wish I could retire now

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in Charlotte, NC
    Current Employee - Director in Charlotte, NC
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Bank of America (More than 3 years)

    Pros

    Many areas to transfer to if you have good performance and the aptitude for change and learning. Some jobs allow for flexible work locations

    Cons

    Management is generally willy-nilly with changing expectations and poor communication. Always wanting more without rewarding for efforts. Like any big box company HR is impersonal Corporate Culture & Values get watered down in many of the departments.


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  5. Corporate Review

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Charlotte, NC
    Current Employee - Anonymous Employee in Charlotte, NC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time (Less than a year)

    Pros

    I work with Preferred Banking and Merrill Edge within Consumer Banking at corporate. I enjoy the atmosphere and work/life balance that the role provides.

    Cons

    They don't pay as much as competitors in the city, based upon the role I'm in. Second this is a large matrix company, so to be success and attained the necessary information needed to do you job you have to reach out and connect with so many different associates at the bank, which is time consuming.

    Advice to Management

    Management, in m opinion, has been doing good so far. One advice is to develop better and higher opportunities for younger employees at corporate. Highly productive employees who are young are taking a backseat to older worker who just won't leave.


  6. Good Company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Charlotte, NC
    Current Employee - Anonymous Employee in Charlotte, NC
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Bank of America full-time (More than 5 years)

    Pros

    Bank of America provides some of the best benefits in the industry. Vacation days are based upon tenure as well as band level within the company. Maternity and Paternity leave is given up to 12 weeks paid. 5% match for 401k as well as a 2% automatic contribution. Great career opportunities, especially within Charlotte (headquarters)

    Cons

    Downsides are large corporate environment. Hard to receive large pay increases while staying within the company.


  7. Market Information Manager II

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Market Information Manager II in Charlotte, NC
    Current Employee - Market Information Manager II in Charlotte, NC
    Recommends
    Positive Outlook

    I have been working at Bank of America full-time (More than 10 years)

    Pros

    great benefits, great manager and executive of my group, very supportive

    Cons

    Health insurance is not as good as it use to be.


  8. Assistant Vice President

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in Rock Hill, SC
    Current Employee - Assistant Vice President in Rock Hill, SC
    Doesn't Recommend
    No opinion of CEO

    I have been working at Bank of America full-time (More than 3 years)

    Pros

    MyWork program (working from a home office).

    Cons

    Uncertainty of role, my role has recently been outsourced.


  9. Corporate workplace

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager/Planner in Charlotte, NC
    Current Employee - Project Manager/Planner in Charlotte, NC

    I have been working at Bank of America (More than a year)

    Pros

    I like my co-workers very much

    Cons

    They reorganized often. Almost every year.


  10. FMAP associate

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Finance Management Associate Program in Waxhaw, NC
    Current Employee - Finance Management Associate Program in Waxhaw, NC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America (Less than a year)

    Pros

    Pay, work life balance, training.

    Cons

    Can be unorganized and very corporate.


  11. VP, Sr Project Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President, Project Manager in Charlotte, NC
    Current Employee - Vice President, Project Manager in Charlotte, NC

    I have been working at Bank of America (More than 5 years)

    Pros

    Paid time off and training resources

    Cons

    Large companies tend to be heavy process driven and extremely (too extreme) to risk adversity.

    Advice to Management

    Empower the people



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