Bank of America Vice President Reviews | Glassdoor

Bank of America Vice President Reviews

Updated February 13, 2019
1,192 reviews

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Vice President

3.5
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
613 Ratings

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  1. Featured Review

    Helpful (21)

    "Great company to work for!"

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

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

    Pros

    Fantastic benefits and great leadership and atmosphere to work in! Great work life balance!

    Cons

    Large corporation, don't always agree on some of the organizations we support.

    Advice to Management

    Keep up the great work!


  2. "Senior Vice President"

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

    I worked at Bank of America (More than 8 years)

    Pros

    *Progressive Management
    *Employee Flexibility
    *Commitment to Diverse Workforce
    *Continuing Education Support
    *Supportive Environment
    *Globally Focused Corporate Culture

    Cons

    *Bonus and pay may be under market for middle management

  3. "Great company and benefits"

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

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

    Pros

    Flexible schedules
    Caring good people to work with
    Recognizes good work with opportunity to move up
    Title promotions

    Cons

    Everyone constantly on - little work/life balance
    Low bonus opportunities
    Small raises barely keep up with inflation


  4. "Overall a Great Place to work"

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

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

    Pros

    Great Work Life Balance

    Cons

    Navigating moving into a different role when you’ve maxed out your current one


  5. "Good company to work for"

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

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

    Pros

    Tons of opportunities to grow and advance internally

    Cons

    Comp differs significantly for same work in different areas of bank


  6. "Overall, the bank is a great place to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President - Specialist in Dallas, TX
    Current Employee - Assistant Vice President - Specialist in Dallas, TX
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Benefits - Vacation time, Maternity/Paternity leave

    Cons

    Lower management, facilities are outdated


  7. Helpful (4)

    "Like any other trillion dollar global financial conglomerate..."

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

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

    Pros

    It's one of the best feather-in-the-cap items on your resume, as long as you last more than one calendar year. Your mere employment here makes you more valuable to other companies. Poachers will seek you out.

    Cons

    Out of ~250,000 employees, what team and line of business you work for will fully determine your thoughts on the company. Every division is run like it's own fiefdom with salaries, bonus, perks, scheduling, and flexibility varying wildly. If you want to learn advanced technology like cloud, AI, and block-chain it's great, but the main group that works on those things doesn't pay well, doesn't believe in bonuses for the masses, and tends to treat employees as next-man-up commodities (for example).

    Advice to Management

    It's cheaper, and much more productive, to retain than recruit - focus on that! Also, annual training on values is great - having front line managers that live by them would be even better.

  8. "Good Company, Bad Manager can ruin things."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President Small Business Banker
    Former Employee - Vice President Small Business Banker
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Good Health Benefits and PTO.

    Cons

    Too many management changes. Impossible to get any traction when the game keeps changing. In the end ethics were being sacrificed by desire to raise revenue

    Advice to Management

    Be consistent and keep the customer interest as a priority


  9. "Good benefits"

    StarStarStarStarStar
    Current Employee - Vice President Sales in New York, NY
    Current Employee - Vice President Sales in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Nice people and mission statement

    Cons

    Long hours sometimes work weekends


  10. "Former Countrywide Leftover"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate Vice President QA/DEV in Los Angeles, CA
    Former Employee - Associate Vice President QA/DEV in Los Angeles, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Bank of America full-time (More than 8 years)

    Pros

    Big Company with lots of opportunity to advance.

    Cons

    Can get lost in the crowd and titles really don't carry much cache.

    Advice to Management

    Less VP's and redundancy