Bank of America Relationship Manager Reviews | Glassdoor

Bank of America Relationship Manager Reviews

Updated July 24, 2017
288 reviews

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Relationship Manager

3.4
StarStarStarStarStar
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Recommend to a friend
Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
133 Ratings

Employee Reviews

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  1. "Good 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 (Less than a year)

    Pros

    Great place to work overall

    Cons

    none like the company overall

    Advice to Management

    keep doing what your doing overall


  2. "Some Good, Some Bad"

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

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

    Pros

    Good Benefits
    Hire from within
    Competitive Pay

    Cons

    Overworked

    Too many emails

    Metrics for success change constantly

    One Team meetings are the worst. Manager ask for commitment between Merrill Edge and Retail Banking Employees, which is completely illegal.

    As an Relationship Manager I answer to 3 people directly, and,1 person in directly.

    Advice to Management

    What difference does it make?

  3. "eh"

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

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

    Pros

    good benefits
    alright pay
    good products
    great sales tools

    Cons

    sales goals are crazy
    pressure to reach sales at all cost
    they put sales goals on your back all day

    Advice to Management

    if you are on vacation pro rate the goals for the week you are off


  4. "Retail Sales"

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

    Pros

    Hours, 401k, benefits, good people to work with

    Cons

    training, pay, management, compnay structure

    Advice to Management

    pay your employess more and less micro management


  5. "Relationship Manager"

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

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

    Pros

    Helping people achieve financial goals

    Cons

    short staffing in the branches tend to limit the success of the platform side of the bank


  6. "Great benefits, tough sales goals"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Relationship Manager
    Former Employee - Relationship Manager
    Neutral Outlook

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

    Pros

    tuition reimbursement, child care reimbursement, green vehicle reimbursement, adoption reimbursement, discount programs.

    Cons

    Goals are tough and usually attainable but are usually ok as long as you're above 90% to goal. Otherwise, expect a verbal followed by a written. They'll leave you alone if you're meeting goals but as soon as you fail to meet them they are on you about how you need to improve. Expect lots of role-playing scenarios and constant checking in on your numbers throughout the day. Aggressive sales environment. Some locations have the traffic for the bankers to meet goals. Other areas, not so much. If customers aren't coming to the bankers they want you behind the teller line or walking the waiting line engaging with customers to commit to sitting with the banker for a "financial review". This results in some upset customers who are already waiting for a banker for a non-sales transaction.

    Advice to Management

    Local management just does what the district and regional are telling them to do which is to meet goals. They'll have a list of bankers not meeting goals and they focus on them to push them towards meeting goals or out of the company. The goals are getting ridiculous. Take heed from Wells Fargo and ease up a bit.


  7. Helpful (1)

    "Dysfunction and aggressive sales tactics will the Wells Fargo findings look like fluff"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Relationship Manager in Chicago, IL
    Former Employee - Business Relationship Manager in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    It paid a decent salary for what the actual job requirements were. It has nice colors and parking for employees

    Cons

    Horrible management structure, incompetent lending department, and just the most unprofessional organization I've seen. I can't imagine working with less respectable people who cared nothing for clients and all for their own pay.

  8. "My experience has been really incredible so far! Thank you BofA!"

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

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

    Pros

    Staff is very friendly and desire for all to succeed. Benefits are great and start on Day 1. Benefits range from Healthcare, 401k, Wireless network discount, and tons more.

    Cons

    I haven't worked here long enough to determine any cons, I would say the hiring process is very lengthy.. but honestly I feel it is needed. Bank of America protects their assets and companies integrity by diligently hiring the best!


  9. "Good company"

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

    I worked at Bank of America full-time

    Pros

    Great pay , benefits and proper advancement

    Cons

    Politics , management sometimes out of the loop , goal are unattainable at times

    Advice to Management

    Some managers are good and some have egos


  10. "Relationship Manager"

    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 (Less than a year)

    Pros

    Good environment... like the benefits and enjoy working with my coworkers and management.. Profesional development and trainings are great and like going to work every day.

    Cons

    So Far their is no Cons... I enjoy working there and look forward to continuing to grow with the company... Would like weekends off because bank is open on Saturday's