Bank of America Project Manager Reviews | Glassdoor

Bank of America Project Manager Reviews

Updated November 2, 2017
236 reviews

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Project Manager

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

Employee Reviews

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  1. "Assistant Vice President"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager in Brea, CA
    Current Employee - Project Manager in Brea, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Love the fringe benefits. 16 paid time off for maternity and paternity leave

    Cons

    Very big corporation. Lots of people.


  2. "Overall positive organization"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager
    Current Employee - Project Manager
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Inclusive organization that is globally responsible and actively participates in the community.

    Cons

    Advancement can be a challenge if you are low to mid level employee.

  3. "Your just a number"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Information Technology Project Manager
    Former Employee - Information Technology Project Manager
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Salary compensation was ok.

    Cons

    Typical corporate bureaucracy. You're just a number in the end, doesn't matter how many years of service you have in.


  4. "IT Project manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Project Manager in Charlotte, NC
    Former Employee - IT Project Manager in Charlotte, NC
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good people to work with. Moderate red tape for such a large organization. Competitive compensation and benefits. Good variety of options for office location (in Charlotte HQ), including uptown, satellite and drop in sites in Ballantyne (south Charlotte).

    Cons

    Telecommuting was becoming less and less of an option in the last few years. Merging of Global Tech operations with parallel Merrill - Lynch leadership centered in NY/NJ was creating stress amongst Charlotte staff.
    Can be difficult to gain visibility and achieve promotion without constant job hopping.

    Advice to Management

    Moderate perceived management "change for the sake of change" I executive leadership. Frequent executive reassignment has leaders implementing operational change and moving on without seeing initiatives through. Creates an environment of perpetual change with little of the stated benefits being achieved.


  5. "Information Security Project Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - IT Project Manager in Raleigh, NC
    Former Contractor - IT Project Manager in Raleigh, NC
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great Environment with talented individuals on each project team.

    Cons

    Not many cons associated with this organization.

    Advice to Management

    Continue.


  6. "Working At Bank of America"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager in Las Vegas, NV
    Current Employee - Project Manager in Las Vegas, NV
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I have been working at Bank of America full-time (More than 8 years)

    Pros

    Good benefits, potential for advancement.

    Cons

    Typical Corporate America; too much time spent on items which don't matter.

    Advice to Management

    Become more efficient.


  7. "Great Benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager
    Current Employee - Project Manager
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I have been working at Bank of America full-time (More than 8 years)

    Pros

    Benefits, paid time off, and benefits.

    Cons

    Pretty much everything else. I have worked here for almost nine years and no matter what line of business I'm in, executive leadership is a very condescending group that manages out of fear. There are definitely exceptions to this, but definitely rare to find. Leadership, organization, and prioritization are lacking at Bank of America (on the Merrill Lynch side too).

    Advice to Management

    Positive reinforcement.

  8. "Project Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Technical Project Manager in Charlotte, NC
    Former Employee - Technical Project Manager in Charlotte, NC
    Recommends
    Positive Outlook
    Disapproves of CEO

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

    Pros

    Upward mobility is available if you stay visible and can quickly adjust to change.

    Cons

    Fast turnover rate for employees. Twice a year job cuts.

    Advice to Management

    Don't allow manager favoritism drive the reduction of staff.


  9. "Project Manager"

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

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

    Pros

    Great company, Great work/Life balance

    Cons

    job advancement could be better


  10. Helpful (1)

    "Good Company with Great Benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Project Manager in Charlotte, NC
    Current Employee - Senior Project Manager in Charlotte, NC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time (More than 8 years)

    Pros

    Lots of opportunities to move around and go to different roles. Company is sort of structured like a consulting firm in that way. Very good parental leave policy (16 weeks paid leave). Good company benefits.

    Cons

    Very large organization. Can take time to have decisions made. Rarely are you making decisions in a silo, and must include several business or support partners, which can lengthen the process.

    Advice to Management

    Keep up the employee engagement surveys. Continue with the MyWork program as that is a great benefit for employees as well.