There are newer employer reviews for Bank of America

A steady ship through turbulent waters

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Vice President in New York, NY
Current Employee - Vice President in New York, NY

I have been working at Bank of America full-time (more than 5 years)

Pros

Very proactive senior management - they take active steps to manage risk pro-actively (not merely hedging but actively taking risk as well)
Very good feedback loop - feedback works on 360 (steps are taken by senior management to address issues on which adverse feedback has been received from juniors)
Fair compensation - at par with peers and good visibility vs performance

Cons

Support functions are excessively bureaucratic.
Can be slow to venture into new areas / sieze new opportunities.
Still in the process of 'right sizing' - that means managing VaR, capital ratios and headcount.

Recommends
Positive Outlook
Approves of CEO
reviews filtered by
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  1. Opportunity

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales & Service Specialist in Houston, TX
    Current Employee - Sales & Service Specialist in Houston, TX

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

    Pros

    Promote quickly if you know the right people. Network with many people and small buisnesses. Mature financially as an individual. Pay for your school.

    Cons

    Easily liable for mistakes. Very competitive environment.

    Advice to ManagementAdvice

    Be fair. Work hard.

    Recommends
    Positive Outlook
    No opinion of CEO
  2. I love my job

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bank of America

    Pros

    great benefits, and great place to work for

    Cons

    bad reputation since it is an old bank. people tend to pass their bad experiences and since it goes to mouth to mouth is hard to change that

    Advice to ManagementAdvice

    better marketing tools

There are newer employer reviews for Bank of America

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