Bank of America Reviews in Walnut Creek, CA | Glassdoor

Bank of America Walnut Creek Reviews

2 reviews

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Walnut Creek, CA

4.0
StarStarStarStarStar
Recommend to a friend
Approve of CEO
Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
1 Rating

2 Employee Reviews

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Pros
Cons
  • "Work/Life balance can be overwhelming" (in 515 reviews)

  • "Lack of communication in upper management" (in 448 reviews)

More Pros and Cons

  1. "Large company with advancement opportunities"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Former Employee - UI Engineering Lead in Walnut Creek, CA
    Former Employee - UI Engineering Lead in Walnut Creek, CA
    Approves of CEO

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

    Pros

    Knowledgable team mates. Willingness to assist junior members in building their skill set.

    Cons

    Sometimes, employees can be pigeonholed into a specific role for better or for worse.


  2. "Merge with Merrill right away and rehire the premier bankers."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Walnut Creek, CA
    Current Employee - Financial Advisor in Walnut Creek, CA
    Doesn't Recommend
    Disapproves of CEO

    Pros

    There are none. Highly disfunctional. Go to a wirehouse or a better bank brokerage. Once Merrill fully integrates the company, it may be a better place to work and the name recognition of the Bank may be a positive factor.

    Cons

    Insane policy and procedures. Compliance is out of control. Very hard to do any business. Technology is 15 years behind the industry. Morale is at an all time lowpoint. The premier bankers where fired and now the brokers have to manage checking accounts and lending for their clients without being paid to do so. Referrals from the retail bank are non-existent.

    Advice to Management

    Retire and let the real Merrill guys run the firm. There are some decent managers but the entire system is flawed and needs to be scrapped.


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