Bank of America Relationship Manager Reviews | Glassdoor

Bank of America Relationship Manager Reviews

Updated June 19, 2018
380 reviews

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Relationship Manager

3.3
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Recommend to a friend
Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
179 Ratings

Employee Reviews

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Pros
Cons
  • "Bonuses Training Work life balance" (in 492 reviews)

  • "Communication with upper management can be difficult" (in 435 reviews)

More Pros and Cons

  1. "Assistant Vice President"

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

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

    Pros

    Benefits, client centric focus, ability to advance career

    Cons

    Clear vision is apparent, execution is not adequate.


  2. "Relationship manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Manager in Fort Lauderdale, FL
    Current Employee - Relationship Manager in Fort Lauderdale, FL

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

    Pros

    Great company great mentors

    Cons

    Not a downside about working

    Advice to Management

    Keep your great training

  3. "It’s a job, but not a company I’d refer friends to work if they don’t have to."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Manager in Detroit, MI
    Current Employee - Relationship Manager in Detroit, MI
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Bank of America full-time

    Pros

    Benefits are great. Love holidays off.
    Pay is decent, but not worth the stress.

    Cons

    Required to work every Saturday. And have to explain why you are taking a Saturday off with your vacation.

    You get wrote up monthly if you miss a goal no matter how rough the traffic flow is, and yet you are paid incentive quarterly. So you could get wrote up two months and still fund for incentive. Then others could skim through as minimalist not meet goal or fund but meet minimal number to skirt by without a write up.

    If you want to move up good luck. You get hired and are pegged to be in a specific spot and never move. It is a “friends” game to move up anywhere.

    Advice to Management

    Management needs overhauled. Minimize how many chiefs there are and have more Indians (doers). Require every market manager and executive to sit at a desk in a branch one week a quarter to see what in branch personnel works with.

    Lower the amount of steps it takes (which reduces time and pay spent) just to make notes for one client. Takes about 20-30 minutes to fill out four to five different logs after client leaves. Makes clients waiting in lobby wait even longer.


  4. "Excellent Employer"

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

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

    Pros

    Very good place to work

    Cons

    No cons very good growth


  5. "A Decent Place To Work"

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

    I have been working at Bank of America full-time

    Pros

    Excellent benefits package, allows for a solid work-life balance. If you do your job, nobody will bother you. Lots of career opportunities.

    Cons

    There are a lot of extra things you have to do with each client behind the scenes... Probably an extra 3-5 minutes. Which doesn't sound like a lot, but when you sit with 15 people a day, that's an extra 45 minutes on the low end that you aren't sitting with other clients. Also the management styles are less than consistent.


  6. "I like it"

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

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

    Pros

    The benefits are really good and the hours are not so bad, they also promote a lot which is not bad at all.

    Cons

    Micro management at its finest. You don’t have time to breathe before they hit you with something new. Management need to chill


  7. Helpful (1)

    "High goals and micro managed"

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

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

    Pros

    Good pay, good benefits, nice title, and office

    Cons

    Micro managed, will try to get rid of you any way possible if you aren’t hitting goal

    Advice to Management

    None

  8. "Awesome"

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

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

    Pros

    Best place in the US to work for, best benefits, best place to develop
    Nothing else to say and the best place to start a career and to look for he best benefits. The best place to work and the best development place for somebody to work

    Cons

    None, this company is great, I don’t think that there is nothing to complaint about boa, everything about the company is great.

    Advice to Management

    None


  9. "Relationship Manager"

    StarStarStarStarStar
    Former Employee - Relationship Manager in Charlotte, NC
    Former Employee - Relationship Manager in Charlotte, NC

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

    Pros

    Great bank for the wealthy consumer.

    Cons

    No balance of work and family.


  10. Helpful (2)

    "Bad LEadership"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Manager in Winston-Salem, NC
    Current Employee - Relationship Manager in Winston-Salem, NC

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

    Pros

    The company has good pay starting out. Having bank hours and bank holidays makes for a nice work life balance.

    Cons

    "Never good enough" atmosphere. No matter how good your sales numbers are it is never good enough. They pressure you to always make a sales no matter what the customer already has.

    Advice to Management

    The goals need to be lower to reflect market trends. The goals are set based on 'dooor swings' but does not take into account what people are coming in for.