Bank of America Reviews in London, UK | Glassdoor

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Bank of America London Reviews

Updated February 15, 2018
160 reviews

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London, UK Area (UK)

3.9
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Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
71 Ratings

160 Employee Reviews

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Pros
Cons
  • Sometimes it can be difficult work/life balance (in 477 reviews)

  • terrible upper management leads to many people leaving the company (in 413 reviews)

More Pros and Cons

  1. "Bank of america"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Service in London, England (UK)
    Current Employee - Customer Service in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    great company and very friendly

    Cons

    hard hours but very good pay

    Advice to Management

    great place to work i love it


  2. "Credit Risk Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Credit Risk Analyst in London, England (UK)
    Current Employee - Credit Risk Analyst in London, England (UK)
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Wide portfolio to work with

    Cons

    A lot of competition for roles

    Advice to Management

    Keep an eye out for budding employees looking to work their way up

  3. "Not Bad but could do with more support"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in London, England (UK)
    Former Employee - Analyst in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good career path outlook and salary.

    Cons

    Micro managed, heavy work load.


  4. "Account Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Account Manager in London, England (UK)
    Former Employee - Account Manager in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Big Company, Supportive atmosphere

    Cons

    Head to stand out among excellent staffs

    Advice to Management

    More open and less bureaucracy.


  5. Helpful (1)

    "Good place to work at"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - KYC Analyst in Bromley, England (UK)
    Current Employee - KYC Analyst in Bromley, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great world worth experience

    Cons

    Very complex not flexible system

    Advice to Management

    The most challenging task is to implement , pass New changes within the system on the ground. This is due to luck of communication between top management and the guys on the ground. My advice would be - talk to the expert - the guys who know how it work before but not after any changes. Set up forums with the local key figures in order to understand where the challenges are.


  6. "Great environment for personal development"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in London, England (UK)
    Former Employee - Analyst in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great development possibilities, competitive salary

    Cons

    Work load is intense, sometimes structures are complicated and less dynamic


  7. "Good place for career progression"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Manager in London, England (UK)
    Former Employee - Project Manager in London, England (UK)
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Internal mobility is greatly encouraged and made possible

    Cons

    A lot of red tape and knee jerk reactions to projects

    Advice to Management

    Take time to recognize performance and relate this to remuneration

  8. "Big Bank, Big Opportunities"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Market Risk Intern in London, England (UK)
    Former Intern - Market Risk Intern in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of America as an intern

    Pros

    People, Atmosphere, Opportunities, Social, Culture

    Cons

    Some days may be considerably longer than others!


  9. "A Directors view"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Base pay is good
    Work is interesting

    Cons

    Long hours
    No pay rises once they get you. Your stuck with that salary
    Bad bonuses
    No flexible working although they promote this a lot. It’s ultimately down to the immediate manager

    Advice to Management

    Give people pay rises


  10. "Spring Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Student in London, England (UK)
    Former Employee - Student in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Easy Application Process
    Good Coverage
    Good level of rotations

    Cons

    Delay AC - was a bit rushed

    Advice to Management

    None


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