Bank of America Vice President Reviews | Glassdoor

Bank of America Vice President Reviews

Updated July 31, 2018
1,142 reviews

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Vice President

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

Employee Reviews

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Pros
Cons
  • "Work/Life balance can be overwhelming" (in 498 reviews)

  • "Communication with upper management can be difficult" (in 438 reviews)

More Pros and Cons

  1. "Review"

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

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

    Pros

    Exposure to a diverse group of individuals with varying skill sets / areas of expertise, learning opportunities. Good comp, benefits, solid company culture and employee moral. Feel respected and engaged while working

    Cons

    Large organization, sometimes difficult to identify your own "value add" as an individual among many different groups, lines of business, areas of the company both on the revenue and cost side.

    Advice to Management

    Continue to build on the horizontal structure / theme of inclusion that is being fostered at the Bank


  2. Helpful (188)

    "You'll need to manage your career there from day one"

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

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

    Pros

    Stable, depending on manager you get a lot of support. Lots of benefits and resources at the corporate level. A friendly and collaborative environment that is less cut throat and better work life balance than the rest of the street.

    Cons

    Depends on manager, too much management, a lot of things need to get done but some managers are always looking for resources to manage but won't roll up their sleeves. You don't always have a well defined career plan if your manager needs you in your current position.

    Advice to Management

    HR and senior management need direct dialogues with employees, people are too dependent on personality, opinion and advice of their direct manager who will put their personal needs over the needs of the firm.

  3. "Fantastic Organization with Immense Learning Opportunities"

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

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

    Pros

    - Incredible CEO, who is personable and leads by setting an example.
    - Many resources and tools available to continuously grow in your role.
    - The passionate workforce who all rally around one mission, improving the financial lives of our customers.
    - Many perks and benefits that are offered to employees (401K match, good health insurance coverage, discount programs, generous vacation policy, 4-month maternity leave)

    Cons

    - Need to improve the work-life balance of the workforce who are in financial centers

    Advice to Management

    - Fantastic management who are setting an example in the financial services industry. More power to you!


  4. "BofA VP"

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

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

    Pros

    401k matching of 5% is nice

    Cons

    Transparency on certain aspects of the job. Sick leave should be changed to PTO

    Advice to Management

    More competitive Salaries


  5. "Great"

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

    I have been working at Bank of America full-time

    Pros

    Company is so huge you can do anything you want

    Cons

    Large company creates work redundancies


  6. "avp military unit"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President Researcher III in Brea, CA
    Current Employee - Assistant Vice President Researcher III in Brea, CA
    Recommends
    Positive Outlook

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

    Pros

    Great job right way to help the military community

    Cons

    to far from home

    Advice to Management

    n/a


  7. "Great experience"

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

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

    Pros

    There is a lot of flexibility within the company

    Cons

    There have been Too many reorganization

  8. "Great Place to Work"

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

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

    Pros

    Great Benefits and high level of focus on development

    Cons

    Very political, pay across teams is unequal


  9. "SVP"

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

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

    Pros

    Best bank in the market.

    Cons

    Bureaucracy, still a big bank with heavy regulatory oversight.


  10. "Great stable position"

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

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

    Pros

    Stability, Benefits, Salary, Structure, Flexibility

    Cons

    Office Politics create issues occasionally