Bank of America Reviews in Fairfax, VA | Glassdoor

Bank of America Fairfax Reviews

11 reviews

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Fairfax, VA

2.7
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
2 Ratings

11 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. "Financial Center Operations Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Center Operations Manager in Fairfax, VA
    Current Employee - Financial Center Operations Manager in Fairfax, VA

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

    Pros

    Great benefits such as separate VAC and Sick/Personal time, 4 months of maternity and Paternity leave. Tuition and Adoption reimbursement. Located in many cities so relocation is very easy. Technology makes the job a little easier.

    Cons

    When promoted internally they tend to lowball you. Minimal staff in stores which leads to an increased workload.


  2. Helpful (1)

    "Teller"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Teller in Fairfax, VA
    Current Employee - Teller in Fairfax, VA
    Doesn't Recommend

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

    Pros

    Employees hard work is what makes this company to have a positive image.

    Cons

    Where to start......there is no organization, the company does not care about employees.

  3. "Work Environment"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in Fairfax, VA
    Former Employee - Anonymous Employee in Fairfax, VA
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Good employer, Good benefits, convenient locations

    Cons

    Too much work pressure, Overtime is not allowed


  4. "Decent benefits, fun environment except when senior management gets involved"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Teller in Fairfax, VA
    Current Employee - Teller in Fairfax, VA
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Benefits aren't too bad - health benefits, tuition reimbursements, banking benefits
    Pretty flexible schedule (but really depends on the branch manager)
    Training opportunities

    Cons

    Always short staffed, leading to crazy busy days for the very few tellers
    Constantly changing rules/policies/procedures
    Really pushy for referrals
    Unnecessary employee observation reviews every week if your banking center does not meet the weekly/monthly goals


  5. "A good place for college students who seek a part-time job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Teller in Fairfax, VA
    Former Employee - Teller in Fairfax, VA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good benefits (education reimbursement; health insurance, eat.)

    Cons

    Only thirty minutes for lunch.


  6. "BOA Execs (esp. East Division Executive leadership) is out of touch and unrealistic."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President/Branch Manager in Fairfax, VA
    Current Employee - Vice President/Branch Manager in Fairfax, VA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good compensation and decent benefits

    Cons

    1. Retail banking line of business (the most profitable segment at BOA) is overworked and under-appreciated, especially Middle Managers (Market Managers and Branch Managers). 2. There is absolutely No work/life balance in Retail Banking. EXECUTIVE LEADERSHIP IS OUT OF TOUCH (in particular, the Division Executives and above; Area Execs treat Their team the way they are treated, I suppose?)
    3. Training is sub-par in comparison to other Financial Institutions.
    4. Lots of favoritism by Area Executives and higher
    5. Too many Chiefs (Area - level roles have no real impact or value and some of these so called support roles are not accountable for real results? Area Ops Manager, Area Sales Manager, etc)

    Advice to Management

    STOP putting unreasonable demands on market and branch managers. There are only so many hours in the day(and people deserve to have a Life). Stop turning over great talent.Turnover is hurting the company. Stop fooling yourselves by thinking that most of those that leave "weren't bought in anyway"; the truth is that BOA has lost Top Talent (these folks have left on their own and some Retail Executive's are in denial as to the 'Why'). The Why may have to do with Retail Execs holding Retail mid-level Managers hostage; not allowing them to seek opportunities in other DEPARTMENTS for self-serving reasons (I.e., lack of talent bench due to ineffective recruiting and poor training, poor treatment of experienced employees, burn-out of experienced employees, et. al).
    STOP leading by Fear. Spend equal time Coaching AND Inspecting (I.e., imagine if all these years BBC was giving true coaching and feedback. ... What Operational experts you'd have today! Stop allowing Project Team's who haven't worked in the field (branches) to determine key processes. Stop making changes to current processes before they have a good chance to work. I'll stop here.....I hope someone in Executive Leadership sees this.


  7. "ok to work for if you fit in"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Mortgage Loan Processor in Fairfax, VA
    Current Employee - Mortgage Loan Processor in Fairfax, VA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    they are a ok company long as you understand what you are doing

    Cons

    they choose who they want for what

  8. "Satisfactory if hard worker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Support Lead III in Fairfax, VA
    Current Employee - Business Support Lead III in Fairfax, VA
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Wonderful benefits, good people to work with

    Cons

    There are a lot of office politics. You either need to come in to do your job or you won't have a successful career in mortgage processing.


  9. Helpful (1)

    "INteresting"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Teller in Fairfax, VA
    Former Employee - Teller in Fairfax, VA
    No opinion of CEO

    Pros

    Professional
    Great workplace
    Friendly co-workers
    Clean
    Fast-paced
    Challenging
    Stimulating
    Large corporation
    Opportunity for growth
    Networking
    Great training program
    Equal opportunity employer

    Cons

    Gaps in leadership
    Management issues
    Laborious
    Tough managers
    Hard to get PTOs approved
    Busy
    Tiresome
    Rude customers
    Inflexible hours
    Mediocre benefits

    Advice to Management

    Improve corporate culture. There should be more access between the higher ups within the firm and those working beneath management.


  10. "OK place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Teller in Fairfax, VA
    Current Employee - Teller in Fairfax, VA
    No opinion of CEO

    Pros

    Its an ok paying job while you're in college.

    Cons

    I think they over work you a bit and ask too much of you. They pretty much want you to get accounts at all costs. Which is annoying, greedy banks.

    Advice to Management

    Maybe try to REWARD employees instead of just you know, asking for more referals all the time?


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