Bank of America Reviews in Washington, DC | Glassdoor

Bank of America Washington Reviews

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Found 57 reviews

3.5
StarStarStarStarStar
Rating TrendsRating Trends
62%
Recommend to a Friend
98%
Approve of CEO
Bank of America CEO Brian T. Moynihan
Brian T. Moynihan
26 Ratings
Pros
Cons
More Pros and Cons
  1. "Relationship manager"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Relationship Manager in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time for more than 2 years

    Pros

    Great benefits - retirement, employee discount, health etc

    Cons

    Many bosses few leaders at the branches or financial center s

    Advice to Management

    Train branch managers to be leaders

  2. "Good place to start"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Relationship Banker in Washington, DC

    I have been working at Bank of America full-time for more than 2 years

    Pros

    Good benefit tuition reimbursement. A lot of people do not use

    Cons

    Managers can micromanage, and make you move fast. but they don't want you to make any mistake

    Advice to Management

    hire tellers customer are upset because you damn ATM do not do all the teller job yet

  3. Helpful (1)

    "Relationship Banker"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Relationship Banker in Washington, DC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Bank of America full-time for more than 4 years

    Pros

    PTO, Maternity leave, off on weekends.

    Cons

    HR is a complete waste of time. If they have a relationship with your local market leader they won’t work in your favor at all.

    Advice to Management

    Please stop with the political. Value your hard working employees. Everyone maybe replaceable, however the turn over rate with doom the whole area. The company is great but the unethical management is makes me what to take my greatness elsewhere QUICK!

  4. "Good place to start if you plan to study and want support from the employer"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Client Service Representative in Washington, DC
    Recommends
    Positive Outlook

    I have been working at Bank of America part-time for more than 2 years

    Pros

    Medical/Dental insurance, Time off, Paternity, Maternity Leave, Tuition Reimbursement

    Cons

    Promotions are done in a liner manner, you have to work 1 year exactly to be even considered for a promotion.

  5. Helpful (1)

    "Advisor Development Program Summer Analyst"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Summer Analyst in Washington, DC
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Bank of America for more than a year

    Pros

    High salary for an intern Work environment was friendly Nice funnel to full time position

    Cons

    Basically the whole program Barely any work to do and I was based in a financial center where you have to be licensed to do anything. So most days I would just sit in the back and do nothing.

    Advice to Management

    Give the interns more work that is relevant to their majors and the post-graduate position

  6. "Vice President"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Vice President in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time for more 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. .

  7. "Financial advisor without investment decision making"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Solutions Advisor in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time for more than 2 years

    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

  8. "Relationship Manager"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Client Relationship Manager in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time for more than 4 years

    Pros

    Strong Brand recognition and technology resources

    Cons

    Leadership is out of touch

  9. Helpful (1)

    "Some Good, Some Bad"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Relationship Manager in Washington, DC
    Neutral Outlook
    Disapproves of CEO

    I have been working at Bank of America full-time for more than 4 years

    Pros

    Good Benefits Hire from within Competitive Pay

    Cons

    Overworked Too many emails Metrics for success change constantly One Team meetings are the worst. Manager ask for commitment between Merrill Edge and Retail Banking Employees, which is completely illegal. As an Relationship Manager I answer to 3 people directly, and,1 person in directly.

    Advice to Management

    What difference does it make?

  10. "High Goals. Great commission structure. Must be hungry"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Small Business Relationship Manager in Washington, DC
    Recommends
    Positive Outlook
    Disapproves of CEO

    I have been working at Bank of America

    Pros

    Great benefits package great commission plan

    Cons

    consistently raising goals promotions always change

Found 57 reviews