Bank of America Reviews in Los Angeles, CA | Glassdoor

Bank of America Los Angeles Reviews

Updated May 27, 2017
977 reviews

Filter

Filter

Los Angeles, CA Area

3.4
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
448 Ratings

977 Employee Reviews

Sort: Popular Rating Date

Pros
Cons
More Pros and Cons

  1. "Relationship Manager"

    Star Star Star Star Star
    • 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
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Being able to help people open accounts and help with their financial future.

    Cons

    Not enough hours in the day to get things done

    Advice to Management

    None


  2. "Small Business"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Current Employee - Small Business Associate in Brea, CA
    Current Employee - Small Business Associate in Brea, CA
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    great coworkers, flexible, benefits, vacation

    Cons

    low pay, stressful environment, low incentive to perform well


  3. "Relationship Manager"

    Star Star Star Star Star
    • 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
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Very Diverse and inclusive company. Decent to good benefits.

    Cons

    Little upward movement unless you are very aggressive. Does not typically license bankers.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "this place is awesome"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Lawyer in Laguna Niguel, CA
    Current Employee - Lawyer in Laguna Niguel, CA
    Recommends
    Positive Outlook

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

    Pros

    1. great hours
    2. great boss
    3. great life

    Cons

    nothing, its tough being in the presence of such greatnesss.

    Advice to Management

    you're awesome


  6. "Interesting Experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Technical Project Manager in Simi Valley, CA
    Former Contractor - Technical Project Manager in Simi Valley, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Allowed to work from home is a nice benefit.

    Cons

    Permanent staff are stressed out regularly about a lot of organizational changes happening all the time.

    Advice to Management

    None.


  7. "Worked at Bank of America for five years"

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

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

    Pros

    In depth experience in all facets of banking

    Cons

    Management can make your life a pleasurable or a dreaded experience depending on the relationship

    Advice to Management

    Support your employees and give helpful advice instead of micromanagement or putting the associate down.


  8. "Great Company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Business Analyst in Calabasas, CA
    Former Employee - Senior Business Analyst in Calabasas, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    There are many bad things said about this company. The reality is, it's one of the best to work for. Management is fair and the facilities are always clean and up to date. I really miss working forthis company

    Cons

    Too many job requirements for each job posting.


  9. "Mortgage Servicing Specialist"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Post Closing Specialist in Moorpark, CA
    Former Employee - Post Closing Specialist in Moorpark, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great work environment. Great pay and benefits

    Cons

    I have no bad cons to say about this company

    Advice to Management

    Thanks to management on your support


  10. "It Paid the Bills..."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Quality Assurance Analyst in Simi Valley, CA
    Former Employee - Quality Assurance Analyst in Simi Valley, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Excellent benefits - medical, dental, vision 401 K, tuition reimbursement (depending on field)

    Great co-workers (have made some long lasting relationships)

    Gained some great experience in a variety of areas/departments

    Plenty of room for growth - depending on who you know

    HR is EXTREMELY competent at solving problems/disputes within the company. For instance - Seniority means nothing if you violate policies and procedures and get reported. You will be written up or terminated.

    Cons

    Depending on the department - management is HORRIBLE

    Although there is plenty of room for growth (positive) - being able to get that growth takes patience, and also is dependent on who you know in the organization - This is extremely bad for morale

    Organization pays outside/new employees more than existing employees - again, bad for morale

    Layoffs are indefinite due to corporate restructuring (outsourcing to other countries) as well as acquiring CountryWide Home Loans, which turned out to be a horrible liability that cost thousands of associates their jobs

    Compensation is not based on experience, but on how well you negotiate for it.

    Although HR is excellent, its hard to report horrible management for fear of retaliation. You will have to have a squeaky clean record if you even fathom reporting someone in management.

    Depending on the department - the environment can be toxic and unhealthy.

    Not enough incentive given for quality work

    Advice to Management

    I would advise that a team of people actually doing research on how employees are doing within the company. Although there are assessments given on this, many employees are intimidated by management to lie about what is going on in their respective department. Fear and intimidation from management NEEDS to cease.

    Also, to the Board of Directors, stop outsourcing jobs to other countries. The name of the bank is BANK OF AMERICA. Keep jobs here (in America), pay your employees what their worth, get rid of useless/unproductive management, and restructure the company from the inside.


  11. "Project Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Project Manager in Los Angeles, CA
    Former Contractor - Project Manager in Los Angeles, CA

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

    Pros

    Telecommuting a big plus. Save on Travel.

    Cons

    Team spread out too far, very little personal interaction


Showing 977 of 16,074 reviews
Reset Filters