Banc of America Securities

  www.bofasecurities.com
  www.bofasecurities.com
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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

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

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  1.  

    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
  2.  

    VP Investment Banking

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Vice President  in  San Francisco, CA
    Former Employee - Vice President in San Francisco, CA

    I worked at Banc of America Securities

    Pros

    - relatively stable investment bank with true universal bank platform
    - no "cut throat" competition among bankers
    - great place to learn and get exposure
    - some senior bankers are great to work for and very supportive and it is easy to identify them

    Cons

    - poor management and lack of information sharing
    - limited deal flow, difficult for large clients to look past the traditional commercial banking platform...although the ML acquisition may change that perspective
    - disproportionate time spent on elephant hunting (marketing/pitching to big clients for big deals)

    Advice to ManagementAdvice

    - share information, involve bankers with decision making
    - leverage junior and mid level bankers to do more than create pitch books
    - pay at least street comp

    Recommends
    Disapproves of CEO
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