Banc of America Securities

www.bofasecurities.com
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Bank of America Securities LLC/Merrill Lynch

Former Employee - Trader in New York, NY
Former Employee - Trader in New York, NY

I worked at Banc of America Securities full-time (More than 3 years)

Doesn't Recommend
Neutral Outlook
Doesn't Recommend
Neutral Outlook

Pros

Excellent derivatives platform and brokerage arm.

Cons

Purchase and consolidation with Merrill Lynch.

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  1. Investment Banking Associate

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

    I worked at Banc of America Securities full-time (More than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Strong dealflow, learning in a fast paced environment, time sensitive deliverables and large number of responsibilities

    Cons

    Company culture not structured, unprofessional time management by seniors and large time lags between supervision and checking of material.

    Advice to Management

    Foster an organic culture at the bank opposed to developing pockets of differing cultures all over the bank

  2. Secretive, closed-door management style

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Vice President in Dallas, TX
    Former Employee - Assistant Vice President in Dallas, TX

    I worked at Banc of America Securities full-time (More than a year)

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

    Pros

    *Salary and benefit package was generous,better than most other local employers.
    *Plenty of growth opportunity should be available in this large company, though relocation would be required.
    *Convenient location, easy access to major highways.

    Cons

    *Secretive, closed-door management style, apparently from the top down
    *Management team was aloof, usually behind closed doors and rarely acknowledged your presence when they walked through the office.

    Advice to Management

    Share more with your employees

There are newer employer reviews for Banc of America Securities
There are newer employer reviews for Banc of America Securities

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