Bank of America

  www.bankofamerica.com
  www.bankofamerica.com
There are newer employer reviews for Bank of America

 

Advisor Intern

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Wealth Management in Miami, FL
Current Employee - Wealth Management in Miami, FL

I have been working at Bank of America as an intern (less than an year)

Pros

Great networking possibilities. Looks great on the resume to employers and can provide a good background to Wealth Management daily activities

Cons

It really depends on who you work for and that will judge the extent of the work you are assigned and how much of it. Are very careful with compliance and must be careful about contacting others who might be higher up on the food chain

Advice to ManagementAdvice

Pay your interns or offer a more extablished training for the system

Recommends
Neutral Outlook
Approves of CEO

7157 Other Employee Reviews for Bank of America (View Most Recent)

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  1. 2 people found this helpful  

    Stressful and uncertain

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant General Counsel in Charlotte, NC
    Current Employee - Assistant General Counsel in Charlotte, NC

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

    Pros

    Pay is comparable to a large law firm, but few if any weekends or late nights. There are some people who have worked at Bank of America for decades and who like it. Further, your role will change frequently, and so the job you are hired for won't be the job you're doing in even a year.

    Cons

    Extremely stressful; lots and lots of politics (and so much of your time is spent fighting with people internally); uncertainty, with frequent rounds of layoffs that are not performance-based. People can win medals for performance one day and be terminated shortly afterwards. Also, few opportunities for internal advancement; promotions are rare.

    Advice to ManagementAdvice

    Hire from within, which would build loyalty.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    Treasury Consultant

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

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

    Pros

    Holidays and time off are very generous.

    Cons

    Management often checked out of day to day activities and instead focus time on creating spreadsheets for upper management. Decisions are made without consult from the employees that know the business the best. Can be terminated for small infractions even with 10+ years of experience and exceeds expectations on reviews.

    Advice to ManagementAdvice

    Better feedback from employees. More loyalty for dedicated workers.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
There are newer employer reviews for Bank of America

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