Bank of America Reviews in New York, NY | Glassdoor

Bank of America New York Reviews

Updated July 25, 2017
724 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
301 Ratings

724 Employee Reviews

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Pros
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More Pros and Cons

  1. Helpful (61)

    "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.


  2. "Analyst"

    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
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Great pay, lots of resources

    Cons

    Long hours, some managers are difficult to work with

  3. Helpful (1)

    "Rewarding experience"

    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
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Depending on which team and which manager you're under, you can have a tremendously rewarding or a going nowhere career! I was fortunate to have worked under and worked with some of the brightest minds at BAML and have really appreciated the respect, visibility and opportunity that was presently to me

    Cons

    Employees at the very bottom of the chain should be looked at and their grievances should be heard out. Many managers just are too controlling sort of nature.

    Advice to Management

    Must work on improving health benefits provided to employees


  4. "Good Internship"

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

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

    Pros

    Cool location and good compensation are the primary draws. Everyone was very friendly and welcoming as well as knowledgeable and willing to help. This along with excellent management make it a very habitable work environment. Perks like free tickets to Yankees games are also a nice touch. CEO seems to really want to push the company into a more modern version of itself.

    Cons

    Fairly corporate environment, at least for a tech division. Lots of suits. This is to be expected at a bank of this caliber though. Definitely not the young and energetic workplace you think of when you think of other big tech companies like Google or Facebook.

    Advice to Management

    Management was the best part, keep doing what you're doing. Being more open to new technologies and provide a more energetic environment would be welcome improvements.


  5. "Large company with mobility and huge network"

    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 5 years)

    Pros

    There are a lot of great people working with you and it's very collaborative.

    Cons

    There's a lot of work to go around

    Advice to Management

    none


  6. "Worked in the IBD division as an analyst"

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

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

    Pros

    Good team culture, hard working

    Cons

    Hours were long, hiring is sporadic


  7. "bank teller"

    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 (More than a year)

    Pros

    Flex time, work with professional people

    Cons

    Pay Rate, Computer System

  8. "Analyst"

    StarStarStarStarStar
    Former Employee - Director in New York, NY
    Former Employee - Director in New York, NY

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

    Pros

    A great place to build your resume.

    Good pay, high enough to finance your needs when you start up.

    Cons

    Long working hours, and your future position in the company would depend on the boss.


  9. "Technology Analyst"

    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
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Awesome Work culture and pretty good communication between co workers

    Cons

    Fast paced env and no bad competition..

    Advice to Management

    May be free classes per year at universities


  10. "Officer Technology"

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

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

    Pros

    Relaxed and good tech stack in quartz.

    Cons

    Poor work assignments from managers, not so good growth for new college grads.
    My manager did not care much about individual team members growth and lacked guiding the team.

    Advice to Management

    Empower new grads.


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