Bank of America Reviews in Chicago, IL | Glassdoor

Bank of America Chicago Reviews

Updated April 18, 2018
375 reviews

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Chicago, IL Area

3.5
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
146 Ratings

375 Employee Reviews

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Pros
Cons
  • Bonuses Training Work life balance (in 489 reviews)

  • Communication with upper management can be difficult (in 432 reviews)

More Pros and Cons

  1. "happy to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Manager in Chicago, IL
    Current Employee - Relationship Manager in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    work life balance and work environment

    Cons

    nothing specific about this specific job

    Advice to Management

    nothing


  2. "Good Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Portfolio Manager in Chicago, IL
    Current Employee - Portfolio Manager in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Benefits, work life balance, culture

    Cons

    Lack of communication, Top down leadership.

  3. "Hard to beat"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - VP- Corporate Security in Chicago, IL
    Current Employee - VP- Corporate Security in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great people that know how to get things accomplished, great benefits, great leadership that cares about the growth of their direct reports.

    Cons

    Limited opportunity for advancement.


  4. "n/a"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Bank Teller in Schaumburg, IL
    Current Employee - Bank Teller in Schaumburg, IL
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    staff is great to work with

    Cons

    manager is not that good to work with

    Advice to Management

    n/a


  5. "Implementation Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Implementation Specialist in Chicago, IL
    Current Employee - Implementation Specialist in Chicago, IL
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Great Benefits and employee networks within the company. Volunteerism is highly encouraged which is admirable.

    There are many internal tools that you can use for your development

    Cons

    Limited Internal Career Advancement, managers are not willing to see the potential if the experience is not there. You can feel like a number in the operations department in lieu of feeling like a person


  6. "Financial Advisor-PMD"

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

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

    Pros

    I loved the guys in my PMD class, paid for all study materials

    Cons

    horrible work environment, no help, some men are very anti feminism


  7. "Good salary and benefits and people"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Good salary and benefits - pays better than many
    Co-workers were great - Highly qualified and friendly

    Cons

    Upper management needs to be more progressive - it's not the 70's anymore
    Direction from the top is not cohesive or all pointed in the same direction
    Telecommute is a great benefit but management wants to get rid of it

    Advice to Management

    You have very talented people in the corporation. Rely on them !
    Project budgeting is slow and budgeting decisions seem to make no sense.

  8. "Work for a large bank gives you great experiences ."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior .NET Engineer in Chicago, IL
    Former Employee - Senior .NET Engineer in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great IT infrastructure , mature protocols and processes . Professional environment , lots of smart people in the IT departments .

    Cons

    Many many layers , when you start out , there are 15 levels above you . Most people are buried in the layers . Very hard to get noticed .


  9. "Good company to work for overall"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Treasury Services Advisor in Chicago, IL
    Current Employee - Treasury Services Advisor in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great benefits, 401k matching, Great amount of PTO, Advancement opportunities

    Cons

    Not too many.. as long as you enjoy what you are doing.

    Advice to Management

    Be more empathetic.


  10. "Company is great! You can move up as fast as you want if you work for it!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Specialist in Rolling Meadows, IL
    Current Employee - Investment Specialist in Rolling Meadows, IL
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Small company feel, with big company benefits. It is perfect because of the business that is brought in by Bank of America

    Cons

    Can get rough shifts, but it is only temporary, shift bids happen every few months and you typically move to more convenient hours


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