Bank of America Reviews in Westlake Village, Los Angeles, CA | Glassdoor

Bank of America Westlake Village Reviews

19 reviews

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Westlake Village, Los Angeles, CA

3.4
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
7 Ratings

19 Employee Reviews

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Pros
Cons
  • Bonuses Training Work life balance (in 490 reviews)

  • Communication with upper management can be difficult (in 433 reviews)

More Pros and Cons

  1. "Business Control"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Westlake Village, Los Angeles, CA
    Current Employee - Anonymous Employee in Westlake Village, Los Angeles, CA
    Recommends
    Positive Outlook

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

    Pros

    Great culture in the office always. Great appreciate for the work done.

    Cons

    Unstable environment. Daily changes in the workplace.


  2. "Mortgage loan specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Westlake Village, Los Angeles, CA
    Former Employee - Anonymous Employee in Westlake Village, Los Angeles, CA
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Okay pay. Some of the people are personable.

    Cons

    Harassing , do not allow you to move ahead in company

  3. "Senior Collector"

    StarStarStarStarStar
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Foreclosure Collectors in Westlake Village, Los Angeles, CA
    Current Employee - Foreclosure Collectors in Westlake Village, Los Angeles, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Managers and the agents the building I work in Westlake village.
    Pot Lucks were assume pay day was remarkable

    Cons

    Was laid off March 31 2016 Out sourced to Arizona..230 employees

    Advice to Management

    Please realize when you have to work and look for a job at the same time it can get very stressful for all involved


  4. "Loan Review Analyst II"

    StarStarStarStarStar
    Former Employee - LOAN REVIEW ANALYST II in Westlake Village, Los Angeles, CA
    Former Employee - LOAN REVIEW ANALYST II in Westlake Village, Los Angeles, CA

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

    Pros

    Great company to work for

    Cons

    Reduction in need within department led to layoff, and although they assist displaced employees and tell us that we receive priority placement, I did not receive any priority, and still have not found a new position, and it feels like I lost a job that I absolutely loved, and to not fault of my own. Its bittersweet.

    Advice to Management

    be more transparent with employees. reduction in work force need is known well in advance of when the employees find out. Figure out a better game plan for the workforce. Give us a new position


  5. "Collections"

    StarStarStarStarStar
    Former Contractor - Collector II in Westlake Village, Los Angeles, CA
    Former Contractor - Collector II in Westlake Village, Los Angeles, CA

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

    Pros

    they give you 10 sick days per year to use.

    Cons

    They are having structural changes and are downsizing at this time. Too much mandatory overtime, no time for family life. There is a bonus structure that is there for collectors but they make the criteria so hard that no one is able to attain bonus.

    Advice to Management

    reduce the mandatory overtime so that employees can have work life balance and be rested for next day at work. Make the bonus structure easier for your collectors so that they can bonus and be motivated for a bonus the following month.


  6. "Audit Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Audit Manager in Westlake Village, Los Angeles, CA
    Former Employee - Audit Manager in Westlake Village, Los Angeles, CA
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good working atmosphere and friendly people

    Cons

    Project not long enough for me.


  7. "LRA II"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Westlake Village, Los Angeles, CA
    Current Employee - Anonymous Employee in Westlake Village, Los Angeles, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    A Great Training program a culture easily adaptive to change. Flexibility to work from home. Only if your Senior manager is on board with the concept.

    Cons

    Can we talk about deployment and being transferred with just an email notice. Immediately change is evitable if working in the Bank of America climate. I believe they hire to many temps.

    Advice to Management

    there is a disconnect

  8. Helpful (2)

    "IT group a culture of failure"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Senior Developer in Westlake Village, Los Angeles, CA
    Former Contractor - Senior Developer in Westlake Village, Los Angeles, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Bank of America as a contractor (Less than a year)

    Pros

    Challenging, interesting work, sufficient resources, and a respectable environment. Teams are geographically distributed and many are working from home.

    Cons

    Technical expertise is modest, development process expertise is minimal, internal project-tracking systems are pathological. Management is invisible. Even severe problems are ignored.

    Advice to Management

    Show up at working meetings one, two, three levels down. Participate in email chains. Show up for your own scheduled meetings. Build and respect staff expertise. REQUIRE staff expertise.


  9. "B of A good place to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior in Westlake Village, Los Angeles, CA
    Current Employee - Senior in Westlake Village, Los Angeles, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Working with large teams, large departments. Great employee benefits and retirement. The location was great and the facilities were conducive to productive work environments. Just working at BofA helped me learn so much about operations and the finance/banking industry.

    Cons

    Challenges were working in an older business model, inflexibility, assortment of systems and databases to learn from, too much "bureaucratic" red tape when making decisions, people may experience difficulty reporting to several people in different departments and positions.


  10. "Foreclosure Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Foreclosure Specialist in Westlake Village, Los Angeles, CA
    Former Employee - Foreclosure Specialist in Westlake Village, Los Angeles, CA
    Recommends
    Negative Outlook

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

    Pros

    Good benefits package, i worked with great people, the company was culturally diversified

    Cons

    Low hourly wage,,no clear direction to move up in the company, rigid working hours

    Advice to Management

    Take care of your people and they will take care of you, I felt as if the bottom line was always more important that your people. I was laid off on my day off, that wasn't very classy


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