Bank of America Reviews in New York, NY | Glassdoor

Bank of America New York Reviews

Updated June 9, 2017
214 reviews

Filter

Filter

New York, NY

4.0
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
98 Ratings

214 Employee Reviews

Sort: Popular Rating Date

Pros
Cons
More Pros and Cons

  1. Helpful (36)

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

    Star Star Star Star Star
    • 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. "Banking Career"

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

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

    Pros

    Great place to learn and grow. Great resources personal and professional. Mentoring opportunities within diversity groups.

    Cons

    Never enough people to do the work. Will work excessive hours at times.

    Advice to Management

    Make sure associates have work life balance. Make them take their vacation days.

  3. "Different type of place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer(Internship) in New York, NY
    Current Employee - Software Engineer(Internship) in New York, NY
    Positive Outlook
    No opinion of CEO

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

    Pros

    - Decent work environment
    - Pay is good
    - People are nice

    Cons

    - Not as fun as software companies (obviously)
    - Business casual attire instead of whatever I want
    - Lots of hoops to jump through during the development process


  4. "Bank of America is a gigantic company, providing plenty of opportunities to learn from different teams and colleagues."

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

    Great learning opportunities, good benefits, free baseball tickets, plenty room for young people to improve, many people stay for more than 20 years with the firm.

    Cons

    Like any big company, full of political issues, does not focus individual growth. Too rigid about procedures and processes. Too many layers.


  5. Helpful (1)

    "Performance"

    Star Star Star Star Star
    • 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

    Work-life balance is good. Not too many late hours in technology.

    Cons

    Not very competitive. Performance is not the main criteria for advancement.

    Advice to Management

    Make performance as the main criteria for advancement, otherwise smarter people will leave.


  6. "BUSINESS ANALYST"

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

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

    Pros

    Competitive salary
    Huge commitment
    Good environment
    Good work
    Good Coworkers

    Cons

    Sometimes stressful
    Always on time
    Individual
    Help
    Hard work

    Advice to Management

    Keep doing the good work


  7. "Full Stack Web Developer"

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

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

    Pros

    Kind people, Numerous interesting projects

    Cons

    So large a company that some projects you might never know existed

  8. "Learned a lot about digital marketing and technology"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Digital Marketing Manager in New York, NY
    Current Employee - Digital Marketing Manager 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

    Builds good skills and network for various teams around the company. Provides a great insight into the foundations of financial services.

    Cons

    Not the most exciting products to work with. Innovation is stifled due to lots of regulation. If things could move at fast pace, that would be great,

    Advice to Management

    Provide more mobility in company


  9. "Global Research"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Global Research Analyst in New York, NY
    Former Employee - Global Research Analyst in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Luxurious environment full of perks

    Cons

    People were on the spectrum and had little capacity for friendship

    Advice to Management

    It's not all about the work


  10. "Good company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President - Technology in New York, NY
    Current Employee - Vice President - Technology 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

    Good people, good culture, good company

    Cons

    Nothing really bad to say. I had a good experience.

    Advice to Management

    Make it easier to get promoted from within rather than hiring externally.


Showing 214 of 16,324 reviews
Reset Filters