Bank of America Applications Manager Reviews | Glassdoor

Bank of America Applications Manager Reviews

8 reviews

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Applications Manager

3.1
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
5 Ratings

Employee Reviews

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Pros
Cons
  • Work life balance has to be earned (in 446 reviews)

  • Upper management don't listen to those located in other cities (in 398 reviews)

More Pros and Cons

  1. "Exciting but Hectic"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Manager Applications Development in Charlotte, NC
    Former Employee - Senior Manager Applications Development in Charlotte, NC
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Great salary, bonus, perks. Lots of opportunity for advancement or shifting careers (i.e. marketing to product development or software engineer to architect or network engineering). Opportunity for expanding skillset and education (e.g. six sigma program, executive leadership program).

    Cons

    Too many acquisitions has caused the company to constantly be in flux. You will see a new department head change almost every year or two. Very rapid work environment, if you're not careful you will find yourself working nights and weekends. Six Sigma environment (extremely matrixed) that's a pro and a con.


  2. "Senior Technology Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Vice President, Senior Applications Manager in Roseville, CA
    Current Employee - Senior Vice President, Senior Applications Manager in Roseville, CA
    Neutral Outlook
    Approves of CEO

    I have been working at Bank of America full-time (More than 10 years)

    Pros

    Diversity, stability, benefits, work from home.

    Cons

    Closure of centers resulting in lack of opportunity without moving to major centers of NY, Charlotte, Plano, Phoenix areas.

  3. "IT project manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Applications Support/IT Project Manager in Charlotte, NC
    Current Contractor - Applications Support/IT Project Manager 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

    Place to learn and move around

    Cons

    None to give at this time


  4. "Great job, pay and benefits."

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

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

    Pros

    Pay and benefits. They try to be inclusive.

    Cons

    So hard to move up

    Advice to Management

    You need more female senior leaders. Its still such a boys club.


  5. "very good company with very low turnover which says a lot"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President; Applications Manager in Dallas, TX
    Current Employee - Vice President; Applications Manager in Dallas, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time (More than 10 years)

    Pros

    Committed to providing a good work environment for staff at all low levels. They empower the lower levels of management to complete the steps necessary to meet the bank's goals.

    Cons

    The frustration comes with the replacement of high quality tools with more generic tools at a lower cost. Staff is reduced too frequently.

    Advice to Management

    Consider the value of productivity before replacing technology tools. Also consider the value of staff and subject matter knowledge before targeting them for a layoff.


  6. Helpful (2)

    "Love working at "The Bank""

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President, Senior Applications PROG Manager in Charlotte, NC
    Former Employee - Vice President, Senior Applications PROG Manager in Charlotte, NC
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    There are many opportunities to move around and advance within the lower bands. Great vacation (4 weeks!). Flexibility to work from home when needed.

    Cons

    Very difficult to get a band 4 and then when you do, it puts a target on your back when layoffs come. Health benefits are very, very expensive. Senior executives are brought in from outside the bank and then they bring folks from their old jobs rather than promoting from within

    Advice to Management

    How do you expect to groom your next gen leaders when the focus is to cut based on band rather than on talent??


  7. "Not so good..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Applications Support Manager in Chicago, IL
    Former Employee - Applications Support Manager in Chicago, IL
    Doesn't Recommend

    I worked at Bank of America full-time (More than 10 years)

    Pros

    Great team of people to work with in the Chicago office

    Cons

    The managing director was a jerk. Treated people horribly. He was finally let go for treating people so poorly.

  8. "Flexible Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Applications Development Manager in New York, NY
    Former Contractor - Applications Development Manager in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Bank of America as a contractor (More than 3 years)

    Pros

    The department where I worked had a very flexible management. Management gave technical team freedom to choose the right solutions and methodologies. It resulted in some cool applications.

    Cons

    Salaries are less attractive that other financial services firm on the New York area. Bonuses are less attractive too.

    Advice to Management

    Keep the open culture intact.