Bank of America

www.bankofamerica.com

Bank of America Reviews in New York City, NY

Updated January 27, 2015
Updated January 27, 2015
7,473 Reviews
3.3
7,473 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
3,192 Ratings

Review Highlights

Pros
  • Excellent work life balance including remote work from home for certain positions (in 417 reviews)

  • They have a program called MyWork which allows you to work from home or from any location (in 223 reviews)


Cons
  • Work/life balance was a little tough but you are going to get that anywhere to be honest (in 180 reviews)

  • upper management failed to listen to the lower ranks often missing oppertuinitys (in 184 reviews)

More Highlights

512 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 7 people found this helpful  

    Teller

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Teller in New York, NY
    Current Employee - Teller in New York, NY

    I have been working at Bank of America

    Pros

    Good benefits including 401k match, paid vacations and sick days etc, even for part time employees. Flexible and work with school schedule. Good starting pay.

    Cons

    Constant changes in the company are hard to keep up with. Tellers don't get bonuses and aren't paid enough for all the responabilites that they are giveb. Very hard to have a life outside of work. Can be very stressful at times .

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Summer experience - lot's of learning

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Summer Associate in New York, NY
    Current Employee - Summer Associate in New York, NY

    I have been working at Bank of America as an intern (less than a year)

    Pros

    Very kind people, a team devoted and extremely helpful for my learning
    A lot of exposure to different types of deals

    Cons

    Lot's of work (including some Sundays when on deals)

    Recommends
  3.  

    Decent place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Mortgage Loan Coordinator in Bridgewater, NJ
    Former Employee - Mortgage Loan Coordinator in Bridgewater, NJ

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

    Pros

    Gave you freedom but obviously expected work getting done. They were pretty good with taking time off when sick or requested.

    Cons

    Political - it was who you know that decided where you go. If someone didn't like you - you were not considered for other positions.

    Recommends
    Neutral Outlook
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. 1 person found this helpful  

    Great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Analyst in New York, NY
    Current Employee - Financial Analyst in New York, NY

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

    Pros

    Intelligent people, lots of training, good starting salary.

    Cons

    I have no cons for the Bank of America. I think it s a great place to be. If you want to build your career in finance there are plenty of opporunities.

    Advice to ManagementAdvice

    Increase diversity, improve benefits

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Great company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Technology Analyst in New York, NY
    Current Employee - Technology Analyst in New York, NY

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

    Pros

    Great working environment, great culture, great people

    Cons

    Not a lot learning opportunities for people who just start their career

    Recommends
    Neutral Outlook
  7.  

    great place to work and meet new people that are willing to help.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Personal Banker in Mount Kisco, NY
    Former Employee - Personal Banker in Mount Kisco, NY

    I worked at Bank of America full-time (more than 3 years)

    Pros

    salary
    benefits
    opportunities
    culture
    values

    Cons

    team work
    training
    management
    bonus
    incentives

    Advice to ManagementAdvice

    team work is key

    Recommends
    Neutral Outlook
  8. 1 person found this helpful  

    Bad corporate culture, good initiatives that fail

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY

    I have been working at Bank of America

    Pros

    good human resources, good training, good food

    Cons

    too corporate, no meritocracy, all political, very sexist culture, no work life balance

    Advice to ManagementAdvice

    focus on junior promotion and advancement, no guidance

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9. 1 person found this helpful  

    No future in retail banking centers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Teller Operations Specialist in New York, NY
    Former Employee - Teller Operations Specialist in New York, NY

    I worked at Bank of America full-time (more than 5 years)

    Pros

    Peers are great for the most part, on the same page. Help each other. Management is not fair, half don't know what their doing . Management worried about their payouts only, other positions that do all the work do not qualify for bonus or payouts.

    Cons

    All positions being phased out, replaced my machines

    Advice to ManagementAdvice

    Leave the corporate office and surprise banking centers and see whats really gong on.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    It's ok

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director in New York, NY
    Current Employee - Director in New York, NY

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

    Pros

    This is a LARGE company so your experience will depend upon what specific part of the company you are in. There is interesting work here and hours are fairly reasonable. It's just your typical large company.

    Cons

    Declining compensation and benefits (health care). Lots of hoops to jump through, lots of roadblocks especially if you are in technology. Lots of useless required training.

    Advice to ManagementAdvice

    Hire new management.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    VP Availability and Capacity

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President Engineering in New York, NY
    Current Employee - Vice President Engineering in New York, NY

    I have been working at Bank of America full-time (more than 8 years)

    Pros

    family oriented, life work balance is good.

    Cons

    outsource all technical ability, mgmt is low tech, and doesn't understand the tasks at hand..

    Advice to ManagementAdvice

    hire technical folks for technical roles.

    Doesn't Recommend
    Positive Outlook

Work at Bank of America? Share Your Experiences

Bank of America

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.