Bank of America Analyst Reviews | Glassdoor

Bank of America Analyst Reviews

Updated December 17, 2017
1,458 reviews

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Analyst

3.6
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
653 Ratings

Employee Reviews

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Pros
Cons
  • Work life balance has to be earned (in 467 reviews)

  • Upper management don't listen to those located in other cities (in 403 reviews)

More Pros and Cons

  1. "Fraud Analyst II"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Fraud Analyst in Kennesaw, GA
    Current Employee - Fraud Analyst in Kennesaw, GA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    The culture is all inclusive and friendly, yet professional. The company really has great benefits. Years in and I’m still learning about benefits available to me.

    Fair potential for promotion. Transfers out of state are easy. For the same role you merely have to call ahead and show up. Great upward mobility.

    Cons

    The pay sucks, to be frank. Competitors pay a bit more. One of the very few reasons keeping many of us from leaving is uncertainty about the other banks in their culture and jobs security. There have been some managers with ego issues that were a bit narcissistic, but they don’t last long. The changes in the fraud department regarding quality has been a bit overkill. Too many changed that aren’t necessary.

    Please don’t need to go out of disability. Metlife is the STD and LTD carrier. Employers talk and they are very difficult to deal with a basically look for reasons to deny claims. I have postponed taking leave and having surgery because of this very reason. Not wanting to deal with the headache that it Metlife. I’ve heard horror stories about legitimately disabled people being denied despite. Everyone hates Metlife.

    Advice to Management

    You guys do an awesome job. Keep it up, and please don’t ever start to micro-manage like a small number of managers. It really kills morale. We are educated and trained professionals who are very capable of doing our jobs. Having someone over your shoulder leaves a feeling of distrust in our ability.

    Speak to upper management and get rid of Metlife. I foresee and lawsuit coming and that’s based on employee conversation about the many issues with them.


  2. "Sr. Analyst Sys/Data Security"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Analyst Sys/Data Security in Worcester, MA
    Former Employee - Senior Analyst Sys/Data Security in Worcester, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of America full-time (More than 5 years)

    Pros

    great benefits for the employees

    Cons

    lay offs due to automation

  3. "Sr. Business Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Senior Business Analyst in Charlotte, NC
    Current Contractor - Senior Business Analyst in Charlotte, NC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America as a contractor (More than 3 years)

    Pros

    Nice management and team support

    Cons

    Not applicable for this. I enjoyed working at BOA.

    Advice to Management

    No suggestions for management. Everything was good.


  4. "Good atmosphere & culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales & Trading Analyst in New York, NY
    Current Employee - Sales & Trading Analyst in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time (More than a year)

    Pros

    Good company culture. Management seems to really be trying to do a push forward with technology and more quantitative approaches.

    Cons

    No major cons other than the same con that applies to every big company — that being that I️t takes a long time to get things approved


  5. Helpful (3)

    "Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Fraud Analyst in Kennesaw, GA
    Current Employee - Fraud Analyst in Kennesaw, GA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time (More than a year)

    Pros

    3 weeks vacation, 80 hours of sick time

    Cons

    stressfull enviorment, retalliation ,poor leadership

    Advice to Management

    The company is great, but the leadership needs improvement


  6. "Great company with lots of opportunities"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Financial Analyst in Charlotte, NC
    Current Employee - Senior Financial Analyst in Charlotte, NC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time (More than 8 years)

    Pros

    Stable large company that is position for long-term growth. Terrific benefit package that trumps most offered in the area. Lots of opportunities across the country.

    Cons

    Classic difficulties found in large organizations. Change occurs very slowly. Lots of individuals with great vision but often slow to reach objectives.

    Advice to Management

    Sometimes messaging becomes overly focused on cost-cutting and less towards revenue driving. Impacts morale.


  7. "Data Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Data Analyst in New York, NY
    Current Employee - Data Analyst in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good Work Environment
    Great Benefits and 401k match

    Cons

    Working with in house architecture and tools

  8. "Not bad"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - GIS Analyst in Charlotte, NC
    Current Contractor - GIS Analyst in Charlotte, NC
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Bank of America as a contractor (Less than a year)

    Pros

    Manager is great, mine anyway. Works by ur self.gives you the chance to,shine. Pay, learn as you go

    Cons

    Way too much managment ,more,managers than,workers. Everyone is worried how much u make, don't say.

    Political, stay away from it

    Advice to Management

    Dont make,everyone a lead/manager


  9. "Great Place to Work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Fraud Analyst in Newark, DE
    Current Employee - Fraud Analyst in Newark, DE
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time (Less than a year)

    Pros

    Great staff, opportunity for incentive, they treat employees well, Great benefits, 3 weeks paid vacation, 16 wks paid maternity leave

    Cons

    Sometimes you can feel like you're a number because they are so performance driven but the incentives, fun events at work and acknowledgment provide balance

    Advice to Management

    Provide training to all departments in one line of business so we are all on the same page and makes things more efficient.


  10. "Business Control Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Control Analyst in Jacksonville, FL
    Former Employee - Business Control Analyst in Jacksonville, FL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Bank of America full-time (Less than a year)

    Pros

    Benefits and vacation time were generous. Management was communicative regarding future downsizing.

    Cons

    Developmental growth opportunities were limited.