Bank of America Reviews in New York, NY | Glassdoor

Bank of America New York Reviews

Updated November 15, 2018
849 reviews

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New York, NY

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

849 Employee Reviews

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Pros
Cons
  • "Work/Life balance can be overwhelming" (in 509 reviews)

  • "Lack of communication in upper management" (in 446 reviews)

More Pros and Cons

  1. "Progammer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

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

    Pros

    very good work life balance

    Cons

    low compensation and year end bonus


  2. "Software Dev"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Software Engineer in New York, NY
    Former Contractor - Software Engineer in New York, NY
    Recommends
    Approves of CEO

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

    Pros

    Laid back, great pay, nice quiet people

    Cons

    Really slow pace, too bureaucratic, legacy system

  3. "Director"

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

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

    Pros

    Good work life balance with reasonable salary

    Cons

    Some people are not sharp and bureaucratic.


  4. Helpful (1)

    "Positive Experience at BOA"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Program Maage in New York, NY
    Current Employee - Program Maage 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

    Great hours, friendly employees, good pay

    Cons

    Can be overlooked, No mentor program.


  5. "Mixed Bag"

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

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

    Pros

    Good people. Do not originate subprime consumer/auto loans and will not finance or help raise funds for other companies that originate these subprime loans.

    Cons

    Not the best when it comes to following all regulations, don't take the long term view when it comes to compliance. Many senior leaders don't want to make decisions. They are indecisive because they are afraid they will get blamed if things don't work out.


  6. "Good investment banking experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Banking Analyst in New York, NY
    Current Employee - Investment Banking 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

    - Good deal flow
    - CRO role instead of traditional staffers

    Cons

    - Very long hours (as with any IB job)


  7. Helpful (1)

    "Analyst"

    StarStarStarStarStar
    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 3 years)

    Pros

    Good pay. Large global platform.

    Cons

    Very political. Culture to be improved

  8. "Learn a ton"

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

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

    Pros

    So many moving parts. Great place to learn

    Cons

    Too big at times


  9. "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


  10. "Officer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Officer - Financial Analyst in New York, NY
    Former Employee - Officer - Financial Analyst in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Benefits not much else that would be considered a Pro to work their.

    Cons

    Too many to mention in this little space...if you want to be micromanaged by 5 managers and have no route for promotion and get a crumb of a bonus then this is defiantly the place to work for you.

    Advice to Management

    Actually lead not suck up to managers above you. Also be truthful to staffers especially when their jobs will be outsourced


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