Bank of America Reviews in Washington, DC | Glassdoor

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Bank of America Washington Reviews

Updated January 23, 2018
50 reviews

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Washington, DC

3.2
StarStarStarStarStar
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
25 Ratings

50 Employee Reviews

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Pros
Cons
  • Sometimes it can be difficult work/life balance (in 476 reviews)

  • terrible upper management leads to many people leaving the company (in 410 reviews)

More Pros and Cons

  1. "Consultant"

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

    Pros

    The people and the job is great.

    Cons

    I've not found anything yet that is a con.


  2. "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. .

  3. "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


  4. Helpful (1)

    "Some Good, Some Bad"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Manager in Washington, DC
    Current Employee - Relationship Manager in Washington, DC
    Neutral Outlook
    No opinion of CEO

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


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

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Small Business Relationship Manager in Washington, DC
    Current Employee - Small Business Relationship Manager in Washington, DC
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Great benefits package
    great commission plan

    Cons

    consistently raising goals
    promotions always change


  6. "short-handed in the banking center"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Bank Teller in Washington, DC
    Former Employee - Bank Teller in Washington, DC
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    great health benefits, nice coworkers, good manager

    Cons

    We were short-handed all the time. When I joined the bank, there were 3 tellers;then only 1.5 tellers, now there is only 1 teller left the bank. It is hard to manage clients during lunch time. Also, since Toss and Operation Managers are eliminated in the market. There is not too much move upward opportunities for tellers who are good at operation. Moreover, IT support is very limited and the technology is old.

    Advice to Management

    Ideally I would say more staff but in reality......


  7. "Personal Banker"

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

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

    Pros

    Flexibility, on the job training, upward mobility

    Cons

    Numbers driven, not many incentives or pay raises

    Advice to Management

    Better Communication

  8. "Bank of America"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Center Manager in Washington, DC
    Former Employee - Financial Center Manager in Washington, DC
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

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

    Pros

    Decent benefits
    Nice staff
    customer facing and acyive

    Cons

    Management changes too often and does not respect prior commitments
    somewhat abusive upper management
    opaque human resource and complaint system
    no consistency

    Advice to Management

    human resources needs to build out whistleblower security group that does more than damage control for the bank - but actually protects employees from serious issues like sexual harassment and other issues that are not financial crimes
    culture is not sustainable
    received personal gratitude from Moynihan but could not get help when needed


  9. "Merrill Lynch Banking Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Washington, DC
    Current Employee - Anonymous Employee in Washington, DC
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Great work environment with good benefits.

    Cons

    Too much change at a moment's notice.


  10. "Senior Teller"

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

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

    Pros

    Working non stop from the morning till close.

    Cons

    pay is low, became tired end of the day..

    Advice to Management

    too much pressure


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