Bank of America Reviews in New York, NY | Glassdoor

Bank of America New York Reviews

Updated April 21, 2017
694 reviews

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New York, NY

694 Employee Reviews

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Pros
Cons
  • Work/life balance can trend exceedingly work-heavy (in 413 reviews)

  • Communication from upper management to floor not consistent" (in 365 reviews)

More Pros and Cons

  1. "Review for first internships"

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

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

    Pros

    The employees are very chill, and other interns are very sociable and easy to get along with. It is a very good experience to have over the summer.

    Cons

    The rent is very high. BofA does offer a housing stipend, however, but it's in your best interest to look early, before prices hike upward.


  2. "VP"

    Star Star Star Star Star
    Former Employee - Vice President - Technology in New York, NY
    Former Employee - Vice President - Technology in New York, NY
    Recommends
    No opinion of CEO

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

    Pros

    Work life balance, market compensation

    Cons

    Not enough oppt. old technology.


  3. "Technology is huge."

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

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

    Pros

    This is not some stodgy place running only boring mainframe apps (although it is important.) . Everything from blockchain to machine learning and a distinct push from waterfall to agile/CICD is visible. Tons of very smart people and interesting tech makes for a great experience esp for those early in their careers.

    Cons

    Large organization that delivers great diversity but a challenge to navigate/align at times.


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  5. Helpful (1)

    "Relationship Management"

    Star Star Star Star Star
    • 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
    Positive Outlook
    Approves of CEO

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

    Pros

    Flexible work location arrangements/telecommuting
    Support for younger employees through mentoring and career opportunities
    Generous maternity and paternity leave time

    Cons

    Focus on cost savings largely through head-count reduction, especially of workers age 50+
    Few opportunities for career development for older workers


  6. "Summer Associate"

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

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

    Pros

    Good firm culture and managers care about you

    Cons

    Hard to get promoted, bad work-life balance


  7. "Great Bank"

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

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

    Pros

    Great Working environment. Paid Vacation.

    Cons

    Short of Staff and a bit competitive

    Advice to Management

    none


  8. "Great place to work"

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

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

    Pros

    Great pay and supportive management

    Cons

    Branches were short staffed and sometimes affected customer service scores


  9. "REGL Associate BofA-ML"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Banking Associate in New York, NY
    Former Employee - Investment Banking Associate 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

    Good on job benefits for food and transportation

    Cons

    Bad working hours, high turnover review, no bonuses for two years

    Advice to Management

    REGL Associate entry position (4 yrs)


  10. "Summer Analyst Intern"

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

    Great people and connections. I solved a problem internally that could have potentially caused other problems.

    Cons

    The coffee is not great.


  11. "Overall good place to work but can be way better"

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

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

    Pros

    Get to work on cool projects. Working from home more than one day a week.

    Cons

    Negative people on the team. Sink or swim environment, people get annoyed when asked questions.

    Advice to Management

    Promote knowledge sharing and helping out others on the team when necessary


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