There are newer employer reviews for Bank of America

 

banker

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

I worked at Bank of America full-time for more than 3 years

Pros

great for about a year but then the brokers will canablize your business.

Cons

once a broker has their foot in the door of your client they will do their best to steel him eventually.

Advice to ManagementAdvice

don't underestimate the unethical practices of your brokers.

Doesn't Recommend
Negative Outlook
Disapproves of CEO

6472 Other Employee Reviews for Bank of America (View Most Recent)

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  1.  

    Great experience, good opportunity for advancement

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President Sales/Credit  in  Boston, MA
    Current Employee - Vice President Sales/Credit in Boston, MA

    I have been working at Bank of America full-time for more than a year

    Pros

    Great pay, solid training base for all roles, excellent benefits

    Cons

    Many recent layoffs, downsizings, and new Sr level management changes. Going to take some time to regain steam and momentum. Has affected the overall culture with so many mergers like ML, Countrywide, et al.

    Advice to ManagementAdvice

    Need to improve client experience. Too many policies and compliance changes while asking field to increase sales, drive revenue, and retain clients. Overall client experience has dropped, employee morale is suffering, and employees want to help make this a better place generally.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  2.  

    Retail Banking is nothing but RETAIL

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Small Business Specialist  in  New York, NY
    Former Employee - Small Business Specialist in New York, NY

    I worked at Bank of America full-time for more than a year

    Pros

    good benefits
    flexible hours
    People are pleasant to work with

    Cons

    Too many layers of management
    Pigeoned holed into retail side

    Advice to ManagementAdvice

    Identify talent and cross promote to different areas of the company

    Recommends
    Neutral Outlook
    Approves of CEO
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