Bank of America Reviews in United Kingdom | Glassdoor

Bank of America UK Reviews

Updated September 23, 2018
228 reviews

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United Kingdom

3.6
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
98 Ratings

228 Employee Reviews

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Pros
Cons
  • "Work/Life balance can be overwhelming" (in 503 reviews)

  • "Lack of communication in upper management" (in 440 reviews)

More Pros and Cons

  1. "Great place to work and develop"

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

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

    Pros

    - Exciting and interesting work which makes you want to jump out of bed in the morning
    - Strategic colleagues and management
    - Approacable colleagues and Senior management
    - Very professional
    - Good pay and benefits
    - Great culture
    - Great social/work life balance

    Cons

    I don’t have any at the moment

    Advice to Management

    None. Transparency and engagement is what I’ve witnessed and it’s great that this is done.


  2. "nice company"

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

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

    Pros

    Friendly team
    Felt that head of team really had my back
    Good pay for contractors
    Subsidised good

    Cons

    Each part of the bank felt really disconnected
    Very outdated promotional material / 'town halls' felt very stale

    Advice to Management

    n/a

  3. "Big company, lots of learning"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - F&O Ops in Chester, England (UK)
    Current Employee - F&O Ops in Chester, England (UK)

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

    Pros

    Lots of learning opportunities, different lines of business

    Cons

    progression difficult - long road to promotion

    Advice to Management

    Invest in your most dedicated staff, some just want commendation


  4. "VP"

    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)
    No opinion of CEO

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

    Pros

    flexible working hours, good benefits and work culture

    Cons

    Compensation and bonus is not that great,


  5. "Typical processes above people type of company. Political correctness above logic common sense."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Senior Software Developer in London, England (UK)
    Current Contractor - Senior Software Developer in London, England (UK)
    Doesn't Recommend
    Negative Outlook

    I have been working at Bank of America as a contractor (More than a year)

    Pros

    Rates and that the pace can be as slow as you like. Even of you do nothing at all as long as you say you do thats tolerated.

    Cons

    Not adopting latest practises or standards in IT industry.
    Resistance to change towards better standards
    Employing based on budget burning and not needs or skill
    The people that make decisions care more about their position than actually delivering something of quality
    Management presence and involvement is sporadic

    Advice to Management

    Good people make good teams. Average people make average teams that cost when it comes down to delivery.


  6. "Technology Manager"

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

    I have been working at Bank of America full-time

    Pros

    Great place - lots of opportunity

    Cons

    Top focused towards senir management


  7. "Project manager/pmo"

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

    I have been working at Bank of America as a contractor (Less than a year)

    Pros

    Excellent at collaborating and innovating ideas into practice. A real nice team I was involved with

    Cons

    The vision of the future isn't so transparent from management level downwards

  8. Helpful (1)

    "Profuct controller"

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

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

    Pros

    Knowledgeable and clever people, good training, opportunities to learn

    Cons

    Working environment and management, no interest in employees problems

    Advice to Management

    Look after your employees


  9. "BAML Legal Co-Sec dept"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Co-Sec in London, England (UK)
    Former Employee - Assistant Co-Sec in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Personal purchase deliveries allowed;
    Pleasant security, cleaners, catering staff.

    Cons

    As a contractor you are easily disposable with minimal notice;
    High staff turn over;
    Antiquated systems/technology and procedures;
    Filthy Newgate office with awful and insufficient facilities;
    Non diverse - team I was in had no men and no wheel chair access to the floor workspace which means they could never offer a job based there to someone who is a wheelchair user or has other mobility challenges.

    Advice to Management

    Meh!


  10. "dont bother with this place"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager in Chester, England (UK)
    Current Employee - Project Manager in Chester, England (UK)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    the canteen, parking and going home.

    Cons

    awful egotistical staff. dont bother.


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