Bank of America Reviews in United Kingdom | Glassdoor

Bank of America UK Reviews

Updated September 23, 2017
186 reviews

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United Kingdom

3.9
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Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
78 Ratings

186 Employee Reviews

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Pros
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  1. "Hard work but rewarding"

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

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

    Pros

    Brand name, intelligent people, fast paced,

    Cons

    Long hours, hit and miss with management, especially with inexperienced managers, who lack Emotional Intelligence. Made the whole experience sour after new manager took over.

    Advice to Management

    Train all managers in managing teams. They're working with humans, not robots


  2. "Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Summer Analyst in London, England (UK)
    Former Employee - Summer Analyst in London, England (UK)

    Pros

    great experience overall from every point of view

    Cons

    nothing to notice in particular

  3. "Very supportive team and good environment"

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

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

    Pros

    Relaxed, very supportive, good offices

    Cons

    Can be long working hours.


  4. "Great company"

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

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

    Pros

    - Development opportunities
    - builds your network
    - boosts your CV

    Cons

    - inward looking
    - large size leads to org. inertia
    - pay progression can be slow

    Advice to Management

    make sure that pay stays in line with the market - the best talent gets poached too easily


  5. "Operations analyst"

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

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

    Pros

    Team atmosphere and the area was amazing. Chester is great place to live.

    Cons

    I was part of a mature team and it was hard to get a promotion


  6. "Commodities and FID"

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

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

    Pros

    Great culture/ prospects of growth and career

    Cons

    No cons in working for BAML

    Advice to Management

    Great manamgement- v


  7. "7 years and going strong"

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

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

    Pros

    Internal mobility options are great, excellent global opportunities, I'm encouraged to share new ideas and innovative ways of doing business. As a working mum I have plenty of opportunity to work flexibly.

    Cons

    Sometimes the large global nature of the organization can delay decisions

  8. "avp"

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

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

    Pros

    very good place to work

    Cons

    no cons seen so far

    Advice to Management

    no advice


  9. "Quant Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Quant Risk Analyst in London, England (UK)
    Current Contractor - Quant Risk Analyst in London, England (UK)

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

    Pros

    Great place to work, really friendly people and ability to learn lots every day and choose your own work path

    Cons

    Not too great at knowledge sharing and have noticed people get promoted just for being there for a long period of time without really deserving it

    Advice to Management

    listen to the employees more and take more notice of wehat people actually do, rather than how long their bum has been in the seat.


  10. "average experience"

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

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

    Pros

    - very good pay and great perks
    - opportunities to be involved with volunteering / charity work

    Cons

    - poor work life balance
    - tense company culture due to constant layoffs
    - very little mobility within the company
    - very hierarchical management structure
    - not an innovative or forward thinking culture

    Advice to Management

    The company should adopt a more forward thinking strategy. Embrace tech more rather than waiting to be disrupted by fintech players. Aim for a flatter hierarchy in the company and more communication between employees and top management.


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