Bank of America Reviews in New York City, NY | Glassdoor

Bank of America New York City Reviews

Updated October 16, 2018
1,152 reviews

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New York City, NY Area

3.5
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
489 Ratings

1,152 Employee Reviews

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Pros
Cons
  • "Work/Life balance can be overwhelming" (in 507 reviews)

  • "Lack of communication in upper management" (in 444 reviews)

More Pros and Cons

  1. "hadoop admin"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Anonymous Contractor in New York, NY
    Current Contractor - Anonymous Contractor in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    I really like the work environment

    Cons

    i don't have any cons to mention

    Advice to Management

    no advises from my side


  2. "Part Time CSR"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Service Representative in Paterson, NJ
    Current Employee - Customer Service Representative in Paterson, NJ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Flexible Schedule as a CSR. Great Benefits. Movement to grow as far high as you would like.

    Cons

    Sometimes feel like retail. If you dont like speaking to people it may be a problem.

  3. "Summer Global Technology Analyst Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Summer Technology Analyst in Jersey City, NJ
    Current Intern - Summer Technology Analyst in Jersey City, NJ
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    I had a great manager and mentor who both made sure that I got the most out of my internship with relative projects. The work culture at the office is very respectful, and I was fortunate to work with a team that had great synergy with each other. Work and life balance is also excellent -- I hardly had to stay overtime to get something done.

    Cons

    Not all teams are like this from what I've heard. The cubicle set-up is also a little depressing.

    Advice to Management

    N/A


  4. "Good learning experience and work ethics"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

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

    Pros

    Professional work culture and good mentors

    Cons

    Things can be too slow at times


  5. "Great experience, long hours"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Investment Banking Summer Analyst in New York, NY
    Former Intern - Investment Banking Summer Analyst in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    great learning experience, opportunity to work in tight teams, great culture depending on the industry group, lots of responsibility early on

    Cons

    very long hours, otherwise cons depend on group


  6. Helpful (191)

    "You'll need to manage your career there from day one"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President Technology Manager in New York, NY
    Current Employee - Vice President Technology Manager in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Stable, depending on manager you get a lot of support. Lots of benefits and resources at the corporate level. A friendly and collaborative environment that is less cut throat and better work life balance than the rest of the street.

    Cons

    Depends on manager, too much management, a lot of things need to get done but some managers are always looking for resources to manage but won't roll up their sleeves. You don't always have a well defined career plan if your manager needs you in your current position.

    Advice to Management

    HR and senior management need direct dialogues with employees, people are too dependent on personality, opinion and advice of their direct manager who will put their personal needs over the needs of the firm.


  7. "Advisor Development Program Summer Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Summer Analyst in New York, NY
    Former Intern - Summer Analyst in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    The people you get to work with are amazing. They all genuinely care about you and your development.

    Cons

    Lack of communication in upper management. My boss frequently was unsure of what I was supposed to be doing because the program manager was poor at communicating.

  8. "Summer Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Anonymous Intern in New York, NY
    Former Intern - Anonymous Intern in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    - Assigned actual casework
    - People in my team were super nice (luck of the draw)

    Cons

    - Non existent work-life
    - Extremely team specific culture and hours and projects (TMT vs. Industrials vs Renewables

    Advice to Management

    If you want to hire new talent, make it an experience worth having for those who already work there. No chance I would ever work there judging from my experience.
    Also, if you are supposed to retain talent, for the amount of hours we spend in the office, the pay is not competitive. Consultants earn more and actually have a life


  9. "Banking in a progressive world"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Excellent place to work, great benefits

    Cons

    culture can be a bit different depending on your manager


  10. "Don't join any quartz team"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in New York, NY
    Current Employee - Assistant Vice President in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    work life balance coz usually there's no work. All deliverables are hacks.

    Cons

    Hiring is the single biggest blunder the company does. Keeps hiring 50% absolute idiots which starts a plethora of problems from technical to cultural


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