Bank of America
3.2 of 5 5,366 reviews
www.bankofamerica.com Charlotte, NC 5000+ Employees

5366 Employee Reviews (View Most Recent)

Sort all reviews by: Date Rating
in
  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Overall an excellent position to put on your resume but this was a middle office position

Financial Analyst (Current Employee)
Saint Louis, MO

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

Pros*Excellent brand name to put on your resume
*Learn the fundamentals of financial analysis, credit, banking, underwriting & due diligence
*Laid-back and positive environment; not cutthroat at all
*Relatively tame hours for banking (40-50hrs/week)
*Great compensation for the hours

Cons*Middle office position; no client-facing aspects whatsoever despite the fact that you will be underwriting credit products for some of the Bank's most ultra-high net worth individuals

*No opportunities for vertical advancement; if you want to be client-facing or in the front office, this position should be viewed solely as a launching pad

*Work can be repetitive and at times not challenging enough

Advice to Senior ManagementFigure out a way to have private banking analysts interface more with the front office. Even if this means just establish greater communication with client advisors, I see no reason why this wouldn't or shouldn't be mutually advantageous.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

Summer Intern, Business and Technology. ET&D.

Summer Intern (Former Employee)
Charlotte, NC

I worked at Bank of America as an intern for less than a year


Pros: -Training Modules -Coworkers were hardworking and genuinely desired to assist when… Cons: -A million acronyms. -Too much bureaucracy sometimes in regard to things like "tollgates" and seemingly useless meetings. While there is a need for meetings, sometimes they… Advice to Senior Management: For summer interns, provide more job-shadowing assignments at the beginning of internships to provide quick answers to basic questions, which will more quickly have interns… Yes, I would recommend this company to a friend More

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

It was a big, happy family culture

Anonymous Employee (Former Employee)

I worked at Bank of America as a contractor for more than a year


Pros: It was a big, happy family culture Cons: Management did not always help in showing how or why… Advice to Senior Management: Management did not always help in showing how or why… Yes, I would recommend this company to a friend More

There are newer reviews on Bank of America.

Worked for Bank of America? Contribute to the Community!

Bank of America – Why Work for Us?

At Bank of America, we’re creating real, meaningful relationships with individuals, businesses and communities to help them focus on what matters most. Every day, we connect with 57 million customers, using our skills… Full Overview

Provided by employer [?]

Your response will be removed from the review – this cannot be undone.

Glassdoor is your free inside look at Bank of America reviews and ratings — including employee satisfaction and approval rating for Bank of America CEO Brian T. Moynihan. All reviews posted anonymously by Bank of America employees.