Bank of America Reviews in Los Angeles, CA | Glassdoor

Bank of America Los Angeles Reviews

Updated December 16, 2018
337 reviews

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Los Angeles, CA

3.2
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
154 Ratings

337 Employee Reviews

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Pros
Cons
  • "No work-life balance when you work 6 days a week" (in 520 reviews)

  • "Don't get a lot of support from upper management" (in 452 reviews)

More Pros and Cons

  1. "Creative Video Development"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Videographer/Editor in Los Angeles, CA
    Current Employee - Videographer/Editor in Los Angeles, CA
    Recommends
    Positive Outlook

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

    Pros

    Great vision for the development of creativity

    Cons

    Not too much activity sometimes

    Advice to Management

    Invest more in video and promotion


  2. "salary and benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Store Manager in Los Angeles, CA
    Former Employee - Store Manager in Los Angeles, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Bank of America full-time

    Pros

    Free food, good work environment

    Cons

    No health insurance or overtime pay

  3. "What it Do Dawg"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Banker in Los Angeles, CA
    Current Employee - Banker in Los Angeles, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Benefits are dank, you heard me.

    Cons

    Just like anywhere else, you got some haters. Haters will hate.

    Advice to Management

    Keep on trucking and make sure to pay talen


  4. "Long term potential"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Loan Officer in Los Angeles, CA
    Former Employee - Loan Officer in Los Angeles, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Big company, benefits, base commission

    Cons

    Lack of support, high turnover

    Advice to Management

    More deal involvement versus just motivational sales meetings


  5. "Sr. Treasury Solutions Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sr. Treasury solutions analyst in Los Angeles, CA
    Current Employee - Sr. Treasury solutions analyst in Los Angeles, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    All the great things about a big bank. Smart coworkers, excellent products and services and great name on resume.

    Cons

    Too big of a bank, which leads to having associates be in charge of their own career development.


  6. Helpful (1)

    "System engineer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Los Angeles, CA
    Current Employee - Anonymous Employee in Los Angeles, CA
    Neutral Outlook

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

    Pros

    Flexibility, great people

    Cons

    Benefits costs keep rising and pay does not keep pace with inflation regardless of performance.


  7. "Managing Director"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Managing Director in Los Angeles, CA
    Former Employee - Managing Director in Los Angeles, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Amazing platform to provide full array of client services/products/solutions

    Cons

    Very bureaucratic, high turnover in many areas

  8. "Company has gone through transitions"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in Los Angeles, CA
    Current Employee - Assistant Vice President in Los Angeles, CA
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Opportunity to do a lot and learn a lot

    Cons

    Management doesn't understand the needs of the employees. They just want everyone to tow the line. A bit tone-deaf.

    Advice to Management

    Learn some compassion and empathy for your employees. Please be honest. Live the values you try to evangelize. Otherwise, it just appears to be lip-service.


  9. "Processor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Mortgage Loan Processor in Los Angeles, CA
    Former Employee - Mortgage Loan Processor in Los Angeles, CA
    Recommends
    Negative Outlook
    Disapproves of CEO

    I worked at Bank of America full-time (More than 8 years)

    Pros

    Location, staff was great. I really liked this job.

    Cons

    Salary was not the best and all over the place. Do not get raises.


  10. Helpful (1)

    "Relationship Manager - Too Sales Oriented"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Manager in Los Angeles, CA
    Current Employee - Relationship Manager in Los Angeles, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    The benefits are nice, full medical, preferred rewards platinum benefits which include 30 free stock trades a month and premium accounts/credit cards with no fees. Its a great feeling being able to help clients with their finances when they need guidance.

    Cons

    The job is way to focused on sales. Management wants you to push out credit cards and accounts to every customer that walks in the door, regardless if they are 95 years old and cannot even manage a basic checking account. If you are not a top producer (and even if you are and your colleagues are not) you will be forced to join "shaming calls" where you explain why you didn't apply for x amount of credit cards that day. You also have to fill out about 5 papers for every customer you help, regardless if you were just helping them reset a pin number or replace a debit card. One paper is a screenshot of their account activity, another paper is a checklist that certifies the customer agreed to open an account/credit card and you gave them the proper disclosures, another paper with an explanation of why or why did you not enroll the customer in online banking, etc etc. My negative review is largely based on bad management so it could be different for you. But I've worked for 4-5 different managers and they are all the same. They are just crapping down the corporate ladder and you just happen to be under them, catching it all.

    Advice to Management

    Focus on what the company claims to be core values which is assisting clients and improving their financial journey. If you make this your top priority and less number oriented, the sales will come natural and employee morale will be much higher. This is coming from a top performer both in my branch and my market.


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