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    Bank of America Senior Vice President Reviews

    Updated June 6, 2018
    252 reviews

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    Senior Vice President
    3.4
    StarStarStarStarStar
    Rating TrendsRating Trends
    Recommend to a friend
    Approve of CEO
    Bank of America President & CEO Brian T. Moynihan
    Brian T. Moynihan
    153 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. "SVP: Senior Technical Manager"

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

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

      Pros

      It is a wonderful company where you have the ability to learn new and interesting things. As long as you are able to and open minded for change - it is a challenging and rewarding place to work.

      Cons

      It is large corporate world geographically dispersed company

      Advice to Management

      N/A

    2. "Senior Vice President"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Senior Vice President in San Francisco, CA
      Current Employee - Senior Vice President in San Francisco, CA
      Doesn't Recommend
      Positive Outlook
      No opinion of CEO

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

      Pros

      Strong, recognizable, national brand with commitment to the community

      Cons

      Size prohibits ability to be nimble

      3. Join the Bank of America team
      See Our Latest Jobs

    3. "No sense of loyalty at this bank."

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Senior Vice President in Los Angeles, CA
      Former Employee - Senior Vice President in Los Angeles, CA
      Doesn't Recommend
      Neutral Outlook
      Disapproves of CEO

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

      Pros

      Salaries are decent. Benefits are very good. Most positions start with 4 weeks of paid vacation and 10 days sick time.

      Cons

      You’re just a number. Extremely political and in a constant state of change. Re-orgs on a monthly basis and exec management is clueless. Unless you’re a politician, you will never survive. Massive and continuous layoffs that never end. There is no sense of stability or security whatsoever. Everyone is constantly on edge waiting for the next re-org, layoff or management change.

      Advice to Management

      Pay attention to the culture surveys. Stop pretending you care and take action to remove the middle and upper middle managers who do not share your vision. Stop the constant cycle of re-orgs, layoffs and more re-orgs.

    4. "Big bank, replete with pluses and minuses"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Comp & Benefits
      • Senior Management
      Former Employee - Vice President - Senior Project Manager in Calabasas, CA
      Former Employee - Vice President - Senior Project Manager in Calabasas, CA
      Recommends

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

      Pros

      Professional organization. Atmosphere is very collegial. Lots of good people working there

      Cons

      Subject to all the same big-business inanity as other large companies. When profits drop 20 basis points, they stop providing coffee cups, spoons and sugar for employees.

      Advice to Management

      Get in touch with what the working employees three levels down from you are experiencing.

    5. "Worth the Benefits"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Assistant Vice President, Senior Operations Project Analyst in Simi Valley, CA
      Current Employee - Assistant Vice President, Senior Operations Project Analyst in Simi Valley, CA
      Recommends
      Positive Outlook
      Approves of CEO

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

      Pros

      Benefits options for a single parent are worth the cons

      Cons

      Would like more transparency and consistency.

      Advice to Management

      Be more transparent; less surprises would be appreciated.

    6. "Mortgage technology"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Senior Vice President Database and Administration Manager in Simi Valley, CA
      Current Employee - Senior Vice President Database and Administration Manager in Simi Valley, CA
      Recommends
      Neutral Outlook
      Approves of CEO

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

      Pros

      Good benefits, safe and pleasant environment

      Cons

      Funding of projects are still in waterfall mentality

      Advice to Management

      Fund agile teams not projects

    7. "SVP, Credit Risk"

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

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

      Pros

      - Flexible Work Environment
      - Benefits

      Cons

      - Very bureaucratic
      - Pay not competitive in industry

    8. Helpful (1)

      "Work hard...hardly work..same outcome"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Senior Vice President in New York, NY
      Current Employee - Senior Vice President in New York, NY
      Doesn't Recommend
      Neutral Outlook
      No opinion of CEO

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

      Pros

      401-K match....$500 health care discount if you do the health screening. Paid vacation

      Cons

      Absolutely does not reward loyalty...horrible pay inequality. Solution when I learned I wasn’t in the pay range for my job role...a demotion so I was. Solution when my manager need more direct reports to keep his job...demotion to individual contributor. Reward for negotiating millions of dollars in cost savings...meets/meets on year end review. Having to manage people hired after you who make thousands of dollars MORE than you do! Big DEmotivator.

      Advice to Management

      Practice what you preach....reward loyal employees. New hires in similar jobs should never be making more than current employees. Knock off the stupid pay for popularity mid year and year end evaluations. We all know you USE that to keep our pay as low as possible. Stop the endless changes. I’ve had 20 managers in 21 years...4 in the last year alone. You have some of the most stupid people in management I’ve ever seen. Start cleaning your house at the top.

    9. "Senior Vice President of National Sales"

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

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

      Pros

      Great brand and great people

      Cons

      Too big to big nimble

      Advice to Management

      Take care of your top talent

    10. Helpful (2)

      "Company Is Not Employee-Centric"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Senior Vice President in Charlotte, NC
      Current Employee - Senior Vice President in Charlotte, NC
      Doesn't Recommend
      Positive Outlook
      No opinion of CEO

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

      Pros

      4 weeks vacation, 2 weeks sick time, and 10 company holidays per year.

      Cons

      With cutbacks happening at senior levels, employees are expected to remain at same level with same pay while taking on new responsibilities that used to belong to more senior individuals. This is not limited to one division - it is company-wide.

      Health care benefits are overly expensive vs other companies.

      Advice to Management

      Focus more on improving compensation for your loyal employees.