Banc of America Securities

  www.bofasecurities.com
  www.bofasecurities.com
There are newer employer reviews for Banc of America Securities

 

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 an year)

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 ManagementAdvice

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Doesn't Recommend
Neutral Outlook
No opinion of CEO

17 Other Employee Reviews for Banc of America Securities (View Most Recent)

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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.  

    Slow deal flow, lots of hours, but excellent learning curve.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Analyst in Houston, TX
    Former Employee - Analyst in Houston, TX

    I worked at Banc of America Securities

    Pros

    BofA had an excellent investment banking analyst training course. The learning curve of an investment banking analyst cannot be beat, although this is true of almost any investment bank. Benefits and bonus seemed fair, given I was toward the top. Although deal flow was slow, the deals I did work on were also extremely educational.

    Cons

    Hours, hours, hours wasted on pitches that were never technically scheduled! Also many hours spent in the office simply because that was what was expected, but did not seem necessary.

    Advice to ManagementAdvice

    I do not mind working hard, but I like to see some results from the effort. I also felt there were definitely times when managers required the analyst to be at the office simply for the sake of being in the office.

    No opinion of CEO
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