Bank of America

  www.bankofamerica.com
  www.bankofamerica.com
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

7159 Other Employee Reviews for Bank of America (View Most Recent)

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  1.  

    Great company to work for!

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

    I have been working at Bank of America full-time (more than an year)

    Pros

    Bank of America offers plenty opportunity to who ever wants to work hard.
    Great benefits and good hours.
    Many unique and friendly co-workers.

    Cons

    Decent pay, but I believe it can be slightly better.

    Advice to ManagementAdvice

    There's many hard working employees and they should be rewarded more for their efforts.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    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
There are newer employer reviews for Bank of America

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