Bank of America Senior Associate Reviews | Glassdoor

Bank of America Senior Associate Reviews

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Found 14 reviews

4.0
StarStarStarStarStar
Rating TrendsRating Trends
75%
Recommend to a Friend
100%
Approve of CEO
Bank of America CEO Brian T. Moynihan
Brian T. Moynihan
5 Ratings
Pros
Cons
More Pros and Cons
  1. great place to start a career

    StarStarStarStarStar
    • Overall
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Associate in Newark, NJ
    Recommends
    Approves of CEO

    I have been working at Bank of America

    Pros

    great opportunity to grow if you work hard and make the right contacts

    Cons

    you may get lost in the company

    Advice to Management

    take feedback from staff to upper management

  2. my experience

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Associate in Pasadena, CA
    Recommends
    Neutral Outlook

    I worked at Bank of America full-time for more than 20 years

    Pros

    job training provided and decent income

    Cons

    too many departments are phased out and closed, i.e., student loans, call centers for accounts and home loans, loan modifications and private loans.

    Advice to Management

    Listen to the hard working associates that really do the work for the better of the company and customers.

  3. Encourgaing work ethics

    StarStarStarStarStar
      Current Employee - Senior Associate 

      I have been working at Bank of America full-time for more than 2 years

      Pros

      Good learning opportunities. Executives are very easy to talk to even as far up as the CEO. The culture is becoming more employee focused, with new facility upgrades and more numerous employee events.

      Cons

      Slow career progression. Can be very unsatisfying if you are working on one of the "forgotten" products with very few customers. A few managers do not seem to care about their reports. Thankfully there are less of these as time goes by. Compensation can be very inconsistent.

      Advice to Management

      Focus on continuing to improve the culture and making it more fun for employees. It will help build a family that will work together much more effectively.

    • Syndicated Leverage Finance

      StarStarStarStarStar
      • Overall
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Senior Associate in Charlotte, NC
      Doesn't Recommend
      Neutral Outlook
      No opinion of CEO

      I worked at Bank of America full-time for more than 4 years

      Pros

      Great deal experience and exposure to the industry

      Cons

      Like any large organization, everyone is looking out for themselves.

      Advice to Management

      Stop making bad acquisitions

    • Helpful (1)

      BAC call center

      StarStarStarStarStar
      • Overall
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Senior Associate in Beachwood, OH
      Doesn't Recommend
      Negative Outlook
      Disapproves of CEO

      I have been working at Bank of America full-time for more than 6 years

      Pros

      Bank of America provide options for medical, dental, and eye insurance. The cost is based on a sliding scale according to your income. Children of employees with at least one year of employment are eligible for a renewable scholarship, now set at $2500 per year. Associates, as we are called, are eligible for BAC associate banking discounts. Associates can purchase and additional week of vacation.

      Cons

      The call center enviroment is designed for optimun production and limited individuality. Goals are aggressive and achievement is required, yet set high enough to make it almost impossible to achieve on a monthly basis. Goals are moved on a regular basis, education is limited as is the time needed to improve preformance. Legal disclosures required by each associate to sign will allow BAC to terminate an employee for...

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    • No opportunity to grow if your not well connected to someone with the power, its always been about who you know.

      StarStarStarStarStar
      • Overall
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Senior Associate in New York, NY
      Doesn't Recommend
      No opinion of CEO

      I have been working at Bank of America

      Pros

      Paycheck and benefits, bottom line, you need a job to support yourself and your family..

      Cons

      If you do not have the right connections with the right people you are just a pee on.

      Advice to Management

      The review process is forced , unfair and not a true measuring tool of your talent when your working with diabolical crafty people 1 and 2 levels above you.

    • Great place to work

      StarStarStarStarStar
      • Overall
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Senior Associate in Madhāpur
      Recommends
      Neutral Outlook
      Approves of CEO

      I have been working at Bank of America full-time for more than 4 years

      Pros

      Employee Friendly Management , Good place to work

      Cons

      Not correct place for beginners

    • Senior Associate

      StarStarStarStarStar
      • Overall
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Senior Associate in Nassau
      Doesn't Recommend
      Negative Outlook

      I have been working at Bank of America full-time for more than 9 years

      Pros

      More responsibility given which challenges me to be more efficient

      Cons

      Compensation is not fair and to discuss this may cause an issue

      Advice to Management

      Value Staff a little more

    • Good place to learn

      StarStarStarStarStar
      • Overall
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Senior Associate in Chennai
      Recommends
      Positive Outlook
      Approves of CEO

      I have been working at Bank of America full-time for more than a year

      Pros

      Good colleagues to ask any queries, Good managers, will have time to freak out, Nice cab service

      Cons

      Not good timings if wanna apply for support projects, so please be aware of the project timings

      Advice to Management

      Please understand the recruited people's intention and guide them accordingly as early as possible

    • Experience in bank of america

      StarStarStarStarStar
      • Overall
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Senior Associate in Hyderābād

      I have been working at Bank of America full-time for more than 4 years

      Pros

      Bank of opportunities, pre process training was good, enough of time allotted process training

      Cons

      less scope for growth, No mail access, slow in promoting to next levels, less hike

      Advice to Management

      Should be like peoples manager

    Found 14 reviews