Banc of America Securities

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

 

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

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

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  1.  

    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
  2.  

    Worked at BofA during the financial turmoil of 2008, as an analyst

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

    I worked at Banc of America Securities

    Pros

    - comparable to other financial institutions in analyst pay and benefits

    Cons

    - hired way too many analysts than were jobs available
    - did not communicate warnings, or information about analyst career oppportunities and where the company was headed (and did not quell negative rumors either)
    - managers were confused and could not lead teams effectively under duress from above issue

    Advice to ManagementAdvice

    - communicate better with MDs

    No opinion of CEO
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