Bank of America Reviews in United Kingdom | Glassdoor

Bank of America UK Reviews

Updated April 15, 2019
257 reviews

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United Kingdom

3.7
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
119 Ratings

257 Employee Reviews

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Pros
Cons
  • "Hard to maintain a good work life balance" (in 532 reviews)

  • "Don't get a lot of support from upper management" (in 461 reviews)

More Pros and Cons

  1. "Assistant Vice President EMEA Ops"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in Chester, England (UK)
    Current Employee - Assistant Vice President in Chester, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    A perfect learning curve for everyone

    Cons

    Work life balance could have been better


  2. "Middle Office, Finance, Collateral Operations"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President in London, England (UK)
    Former Employee - Assistant Vice President in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Exposure to countless lines of business, ample opportunity to lead initiatives, global mobility over the long term, opportunities for promotion over the long term

    Cons

    A few juniors managers are not constructive

    Advice to Management

    Take time to coach associates and they will stick around.

  3. "Nice place to work. Recommended."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Credit Analyst in London, England (UK)
    Current Employee - Credit Analyst in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great and approachable management who care about their staff. Bosses are demanding but in a good way. Nice place for women - the department does not tolerate sexist behaviour. Interesting work. Work life balance is ok. Overall a nice environment.

    Cons

    No flexibility when it comes to working from home.
    Too many administrative tasks.

    Advice to Management

    Allow staff to work from home.


  4. "Highly dependent on asset class"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Bank of America full-time (More than 5 years)

    Pros

    Great selection of benefits

    Decent work / life balance

    CEO does a good job during global town halls

    Cons

    If you're in an asset class that isn't seen as key to the bank but they want to keep it open in order to be a 'global power' your career will go nowhere

    Much of the promotion process is based on whether people like you, as is the 360 feedback review process which is utter rubbish

    Upper management full of cliques and fiefdoms

    You're pressured to do 'socially responsible' work for pure PR reasons and nobody actually cares about the cause, it's all window dressing for the promotions process

    Risk management are completely paranoid and have no understanding of non linear / derivative risk

    When money is lost the knives are out

    Advice to Management

    Tear down the entire risk department and rebuild from scratch


  5. "Great company, Poor bonuses"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President - Technology in London, England (UK)
    Current Employee - Vice President - Technology in London, England (UK)
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Good international work experience, with great minds to work with

    Cons

    They need to keep up with market standards

    Advice to Management

    Please revise salary appraisal percentages and bonuses. The likes of Goldman and JP are far ahead in the game.


  6. "Business Analyst"

    StarStarStarStarStar
    Former Contractor - Business Analyst in London, England (UK)
    Former Contractor - Business Analyst in London, England (UK)
    Recommends
    No opinion of CEO

    I worked at Bank of America as a contractor (More than a year)

    Pros

    Flexible working hours, work from home etc

    Cons

    outdated systems and working environment, slow paced


  7. "Internship Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Bank of America part-time (Less than a year)

    Pros

    - Great company with amazing people and managers who really care about you
    - Numerous development opportunities

    Cons

    - Hours can vary greatly

  8. "Spring Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Spring Intern in London, England (UK)
    Former Intern - Spring Intern in London, England (UK)
    Recommends
    No opinion of CEO

    I worked at Bank of America as an intern (Less than a year)

    Pros

    Very insightful week where I got to meet very interesting individuals in attracted to the financial sphere. We took part in group games, and case studies. I had the opportunity to shadow a trader, who explained me his daily tasks. At the end of the week I had the chance to do an assessment center.

    Cons

    There were no cons.


  9. "Good employee benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Kingston upon Thames, England (UK)
    Current Employee - Vice President in Kingston upon Thames, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good employee benefits. Encourage team work

    Cons

    Role very segregated. Very US focused


  10. "Good place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Junior Trader in London, England (UK)
    Former Employee - Junior Trader in London, England (UK)
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Great benefits. Relaxed but serious environment. Nice colleagues.

    Cons

    Often expected to work longer than contract hours but that is normal for a trading job.

    Advice to Management

    Keep it up!


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