Bank of America Reviews in Portland, OR | Glassdoor

Bank of America Portland Reviews

Updated October 18, 2017
35 reviews

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Portland, OR

3.2
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
15 Ratings

35 Employee Reviews

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More Pros and Cons

  1. "Large Bank - What you expect"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations Manager in Portland, OR
    Current Employee - Operations Manager in Portland, OR
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    Great benefits, customer focused, diversity and inclusion are a true focus of the organization

    Cons

    Large bank, focused on improving image at the expense of employee satisfaction (too much focus on cost cutting and consolidating jobs).

    Advice to Management

    Create clear roles for associates, don't add more responsibilities without asking, "how much more work will this add?", Ensure cost reduction doesn't cut so much that associates feel like a number.


  2. "Great potential, but meeting bottom lines mean that employees are overworked."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Center Operations Manager in Portland, OR
    Current Employee - Financial Center Operations Manager in Portland, OR
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Great financial benefits from 5% 401k match to banking benefits.
    13 bank holidays plus vacation.
    Potential to advance.
    Opportunities to network.

    Cons

    Staffing levels are dwindling while work load increases.
    High pressure to reach sale goals.
    Micro managing is common from market level managers.
    Too many managers.

    Advice to Management

    Direction of the company is diluted with too many managers trying to dictate the market.

  3. "Great Coworkers, Issues with Upper Managmeent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Service Representative in Portland, OR
    Current Employee - Customer Service Representative in Portland, OR
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Employees I deal with at the actual financial center are helpful to each other and good spirited. Can't beat their flexibility with part-time scheduling and benefits.

    Cons

    Receive extremely little support from management above, sales goals are very high. I feel bad for our customers.

    Advice to Management

    Actually pay for enough people to staff your branches.


  4. "Financial Center Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Center Manager in Portland, OR
    Current Employee - Financial Center Manager in Portland, OR
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Benefits and vacation time. Consistent schedule. Fair compensation. 10 bank holidays a year

    Cons

    Poor systems integration, multiple changes constantly, being able to retain and hire staff. Usual big bank gig, for the most part big banks are the same.

    Advice to Management

    Invest in streamlining computer systems and making them work better. More support from upper management would be nice


  5. "Teller Position"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Teller in Portland, OR
    Former Employee - Teller in Portland, OR
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Health benefits & discounted bus pass.

    Cons

    Working six days a week. No managerial support when needed. Manager would act like it was a big burden to come help when I had an issue or question. Then get very upset when I would make a mistake. She also accused me of being a witch.

    Advice to Management

    Promote managers who do not play favorites, or accuse people of being a witch.


  6. "ok company but lots of sales"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Teller in Portland, OR
    Former Employee - Teller in Portland, OR
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    team work, good schedule, managers are really nice. Great benefits.

    Cons

    Sometimes gets very busy, no bonus for the teller, lacking of communication.

    Advice to Management

    Take care of the employees more and don't just ask for sales.


  7. "Very Corporate...Lots of benefits but relatively low pay."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Mortgage Loan Closer in Portland, OR
    Current Employee - Mortgage Loan Closer in Portland, OR
    Doesn't Recommend
    Negative Outlook

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

    Pros

    Lots of Benefits and 401K 100% match up to 5%.

    Cons

    Understaffed and overworked. Low base salary with very small bonus potential.

  8. "Vendor Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vendor Management in Portland, OR
    Current Employee - Vendor Management in Portland, OR
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Good 401k plan: 5% match
    Good vacation plan
    Flexible work space with telecommute
    Mature Sr Leaders with strong ethics
    Good Health benefits

    Cons

    No promotion opportunities, must leave the company and return in new role if hope to get promoted
    Change for changes sake. No value behind the change besides the new Exec trying to make a mark. It gives us all whiplash with constant Exec changes
    Promote Diversity but employees know it's only to check a box to make it on the "100 Top Diverse co's" for free advertisement. If all of your low paying, part time positions are filled by minorities and your Sr Leader positions are filled by one group..you are NOT diverse.


  9. "it is an ok.job for.being a teller. the salary is low, but it is not so busy unless is rush hour."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Bank of America Teller in Portland, OR
    Former Employee - Bank of America Teller in Portland, OR
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    accumulating banking experience, and customer service experience. get to meet different type of people.

    Cons

    low salary. need to sale credit cards all the time.

    Advice to Management

    they need to pay tellers more.


  10. "Lots of opportunities, hierarchical, you need to manage up"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in Portland, OR
    Former Employee - Vice President in Portland, OR
    Recommends
    Positive Outlook

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

    Pros

    I had tremendous flexibility in my job; final manager was very supportive (as in "Why are you bothering me asking if you can order a new server; if you need it, order it.")

    Cons

    Because BofA is so large, it is important to meet and learn about your manager and his/her peers and his supervisor. Always manager expectations up. Not as easy as in a small company. I was in Portland; my last 3 managers were in San Francisco.

    Advice to Management

    Pay more attention to an employee's preferred career path and mentor high-achievers on what they need to do to advance.


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