Bank of America Reviews in Washington, DC | Glassdoor

Bank of America Washington DC Reviews

Updated April 30, 2018
143 reviews

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Washington, DC Area

3.3
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
51 Ratings

143 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. "sales representative"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales and Service Representative in Dulles, VA
    Former Employee - Sales and Service Representative in Dulles, VA

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

    Pros

    Manger was great. they are very flexible with the schedule if you are taking classes. They really want people that can grow with the company.

    Cons

    the pay wasn't too good.


  2. "Relationship Banker"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Relationship Banker in Hyattsville, MD
    Current Employee - Relationship Banker in Hyattsville, MD
    Recommends

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

    Pros

    Great benefits, health care, 401k, etc

    Cons

    work hours, positions don’t open up very often

  3. "Credit Support Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in McLean, VA
    Former Employee - Anonymous Employee in McLean, VA
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Easy-going, laid-back, friendly environment; pay commensurate with experience; good treatment; strong HR support for employees; good benefits.

    Cons

    Not much room for growth beyond a certain point; very hierarchical environment - you better know your place. Conservative and be ready for your 'representative' to show up to work, instead of your true self. Political environment.

    Advice to Management

    Recognize people 'low on the totem pole' more, rather than patronizing them and having some weak employee appreciation month. Allow support employees to share in the company spoils a bit, instead of having them be the first to lose their bonuses when you don't perform as well as last year.


  4. "Vice President"

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

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

    Pros

    Great benifits, supportive manager, great team.

    Cons

    Large corp so even if you work very hard you may be lost on the crowed. .


  5. "Good"

    StarStarStarStarStar
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - PGY-5 Medical Resident in Arlington, VA
    Former Employee - PGY-5 Medical Resident in Arlington, VA

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

    Pros

    The benefits and the prestige of working with BOA

    Cons

    Long Hours and employees are not appreciated

    Advice to Management

    Your employees are your assets


  6. "Financial advisor without investment decision making"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Solutions Advisor in Washington, DC
    Current Employee - Financial Solutions Advisor in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Platform, logistics, research, products. Employee benefits are fantastic and many resources available. Discounts on everything financial and access to Bank of America products

    Cons

    Heavy focus on banking. You’re treated like a banking associate with licenses sometimes. Without an ability to build portfolios and outside sales, you’re beholden to your one area.

    Advice to Management

    Let FSAs do outside sales and focus on investment


  7. "Relationship Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Client Relationship Manager in Washington, DC
    Current Employee - Client Relationship Manager in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Strong Brand recognition and technology resources

    Cons

    Leadership is out of touch

  8. Helpful (1)

    "Financial Solutions Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Registered Sales Associate in Frederick, MD
    Former Employee - Registered Sales Associate in Frederick, MD

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

    Pros

    Pay for the 7 and 66, good benefits.

    Cons

    Call center with high incentives for more banking products than advising products.

    Advice to Management

    Let BOA be BOA and Merrill be Merrill.


  9. "Worst Job ever"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Laurel, MD
    Former Employee - Financial Advisor in Laurel, MD
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Salary is the only thing that makes the job worth having but overall it’s not worth the ridiculous job expectations and terrible compliance

    Cons

    Program too young and flailing. Company has been ran through the mud so much by finra, compliance is the worst thing with this job. No oversight with managers.

    Advice to Management

    Tell the truth about all the banking when you hire outside wire house brokers


  10. "Great company to work for. But has some issues"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Small Business Consultant in Oxon Hill, MD
    Current Employee - Small Business Consultant in Oxon Hill, MD
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Best technology in banking
    Great direct management (at least for me it was)
    Benefits are amazing. Take care of the employees but expect a lot

    Cons

    Lack of Staffing in the center
    Increasing sales goals
    Phone customer service is horrible
    Constant changing incentive plan
    Turn over


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