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Bank of America Project Manager Reviews

Updated February 5, 2018
242 reviews

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Project Manager

3.5
StarStarStarStarStar
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Recommend to a friend
Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
122 Ratings

Employee Reviews

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Pros
Cons
  • Sometimes it can be difficult work/life balance (in 477 reviews)

  • terrible upper management leads to many people leaving the company (in 413 reviews)

More Pros and Cons

  1. "Happy associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Global Project Manager in Charlotte, NC
    Current Employee - Global 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

    Great benefits, flexible schedule and hours, opportunities are endless, great networking capabilities

    Cons

    Organization is very layered and sometimes challenged to get things done

    Advice to Management

    Continue to focus on career growth and development for top performers


  2. "Great Company"

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

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

    Pros

    They gave an awesome opportunity for growth

    Cons

    Sometimes the hours can be long

  3. "Senior Project Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Project Manager in Providence, RI
    Former Employee - Senior Project Manager in Providence, RI
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Effective Project Management methodologies are mature, disciplined and supported throughout the organizations of which I was employed.

    Cons

    Must have keen ability to multi-task to be effective.


  4. "Great company to work for"

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

    I worked at Bank of America full-time (More than 3 years)

    Pros

    I prefer working for larger companies. BofA was very professional. In spite of its size, I never felt lost in the shuffle. I worked as a project manager, and my supervisor was excellent even though she worked in Boston. I like how BofA provided lots of compliance training to ensure that all employees were keeping up with the latest standards.

    Cons

    I think the biggest con was running into people from other groups whose egos had grown a bit too big.

    Advice to Management

    Keep doing what you're doing, and keep the egos of some of the managers in check.


  5. "Toxic Environment!! Stay Away"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Technical Project Manager
    Current Contractor - Technical Project Manager
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Bank of America as a contractor (More than a year)

    Pros

    There is nothing good about working at Bank of America. I would never refer anyone to work at this horrible company. Run away as fast as you can.

    Cons

    Horrible management, they treat contractors like crap, the managers are unprofessional and have no real managerial skills. Management is out of control. I cannot say enough about how awful this place is. DO NOT WORK THERE!! Management has created a cancerous and toxic environment. Physical and verbal abuse is normal behavior for this group and this behavior is unacceptable and unprofessional. If there was anything less than a zero rating then I would certainly give it.

    Advice to Management

    Start treating contractors with respect and dignity otherwise everyone will continue to leave. The full time employees are not treated very well either. Stop the yelling, screaming, temper tantrums and child-like behavior. This is a cancerous and toxic environment. This behavior is unacceptable and unprofessional and should reported to the media for thorough investigation.


  6. "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.


  7. "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.

  8. "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.


  9. "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.


  10. "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.