Bank of America Reviews in Los Angeles, CA | Glassdoor

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Bank of America Los Angeles Reviews

Updated February 16, 2018
1,044 reviews

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Los Angeles, CA Area

3.4
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Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
481 Ratings

1,044 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. "lock box"

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

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

    Pros

    great place to work at

    Cons

    location was in a busy place downtown

    Advice to Management

    global recognition


  2. "Account Manager"

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

    I worked at Bank of America full-time (More than 3 years)

    Pros

    Standard Operating Procedures are highly established.

    Cons

    Not much movement for career ladder

  3. "Mortgage technology"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Vice President Database and Administration Manager in Simi Valley, CA
    Current Employee - Senior Vice President Database and Administration Manager in Simi Valley, CA
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Good benefits, safe and pleasant environment

    Cons

    Funding of projects are still in waterfall mentality

    Advice to Management

    Fund agile teams not projects


  4. "Personal Banker"

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

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

    Pros

    Good compensation with good benefits

    Cons

    Negative work environment. Micromanaging

    Advice to Management

    Management is the main issue at this company. Recently a manager and the district managers were under review for ongoing sexual harassment.


  5. "Customer service"

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

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

    Pros

    great people to work for

    Cons

    a lot of standing, can get tired

    Advice to Management

    keep up the good work


  6. "Fraud Analyst II"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Fraud Analyst in Pasadena, CA
    Former Employee - Fraud Analyst in Pasadena, CA
    Recommends
    Approves of CEO

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

    Pros

    Great benefits, flexibility for single parents, family oriented

    Cons

    stressful work environment, focused on numbers and not consumers.


  7. Helpful (1)

    "Benefits are okay, advancement not really possible"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Mortgage Servicing Specialist in Thousand Oaks, CA
    Former Employee - Mortgage Servicing Specialist in Thousand Oaks, CA
    Recommends
    Positive Outlook
    Disapproves of CEO

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

    Pros

    Benefits were good, my 401k was handled well. My team was more like a family than a group of coworkers, but it wasn't always like that.

    Cons

    No real opportunity to move up unless you were connected, and even then it is tough. Pay is less than average for this position. The managers try to take care of you, but HR doesn't allow for much negotiation in regards to pay or bonuses.

    Advice to Management

    Pay your team members what they are worth, not just the bare minimum you can get away with. Fight for advancement. Work on Team building to boost worker morale.

  8. "Lending with B of A"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Loan Officer in Newport Beach, CA
    Current Employee - Loan Officer in Newport Beach, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Amazing management support out of the Newport Beach office.

    Cons

    Underwriting, need I say more? It's getting better but still a pain.

    Advice to Management

    Lessen the responsibilities of the loan officer once the file has been submitted to underwriting.


  9. "Good company, poor management"

    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
    Approves of CEO

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

    Pros

    all kinds of resources to learn

    Cons

    only few bankers can meet the goal, 1 of 5th

    Advice to Management

    The goal is unrealistic


  10. "Need a thick shell"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Teller in Lancaster, CA
    Former Employee - Teller in Lancaster, CA

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

    Pros

    Nice office, good hours for part time job

    Cons

    Talked down to by customers.
    You are talked down to my management.


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