There are newer employer reviews for Bank of America

 

Loan Processor

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Loan Processor  in  Concord, CA
Current Employee - Loan Processor in Concord, CA

I have been working at Bank of America full-time for more than 3 years

Pros

Challenging if you enjoy working in a place that changes procedures daily, expects 190% from you all day, everyday, and continously ask more and more of you, but offers less and less in return

Cons

Not having enough time to look for another job right now, this place is a sinking ship and I'd like to be able to jump versus go down with them.

Advice to ManagementAdvice

Lead by example, and realize that all your emplyees are valualbe not just the one's that kiss your a - don't make that fact that you have favorites so obvious, place suggestion boxes at all locations and read your employees thoughts and feedback to assist in solving the "true problems"

Doesn't Recommend
Negative Outlook
No opinion of CEO

6593 Other Employee Reviews for Bank of America (View Most Recent)

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  1. 2 people found this helpful  

    Purging Employees, but keeping the leaders that got them in trouble

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

    I worked at Bank of America full-time for more than 8 years

    Pros

    Market size
    Mostly good people, just in a caustic environment

    Cons

    Too much focus on internal measures, to justify the leader's job...vs measuring performance for the customer.
    HR thinks they're smarter than the business leaders....and granted too much power and influence.
    Poor Change Management practices, leaders implement new changes way too frequently...that way they don't have to be accountable for their previous change project producing promised results. Shell game

    Advice to ManagementAdvice

    Take a harder look at upper management to understand the root of your issues,

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Good place to grow & learn

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Change Manager  in  Charlotte, NC
    Former Employee - Senior Change Manager in Charlotte, NC

    I worked at Bank of America full-time for more than 10 years

    Pros

    Many opportunities to move around to gain valuable experience in many areas of the Financial Services world. Also many SOLID training opportunities which are applicable to any industry.

    Cons

    Layers and layers in the BAU world which lent itself to duplicated efforts as well as competing priorities. I would point to the layers being the primary reason for continuous change in the BAU world which left one feeling uneasy about the next day being their last.

    Advice to ManagementAdvice

    BAU was very difficult because it was very difficult to stay focused on the goal as change was always coming. Change needs to be much faster when change is needed. Also, STICK WITH IT for a longer period of time to give the team the opportunity to congeal and move forward. Transition oriented projects were definitely the very best of which to be a part; one goal, one team and everyone "swam together" to the finish line.

    Recommends
    Positive Outlook
    No opinion of CEO
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