Bank of China - New York Reviews | Glassdoor

Bank of China - New York Reviews

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Found 44 reviews

2.4
StarStarStarStarStar
Rating TrendsRating Trends
24%
Recommend to a Friend
39%
Approve of CEO
Bank of China - New York CEO Jiang Jianqing
Jiang Jianqing
13 Ratings
Pros
  • "Work life balance, work is easy(in 4 reviews)

  • "If you are looking for your last step towards retirement, it's a good choice; if you are fresh out of college, it is the last place to go(in 2 reviews)

Cons
  • "Long hours, worst management, low pay(in 6 reviews)

  • "Lacks Work life balance consistent with marketplace - I(in 3 reviews)

More Pros and Cons
  1. Helpful (2)

    "Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of China - New York full-time

    Pros

    Flexible time schedule and good benefits

    Cons

    Risk culture and language barrier

    Bank of China - New York2018-11-02
  2. "breeding ground for incompetency"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Assistant Vice President in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Bank of China - New York full-time (Less than a year)

    Pros

    If you want to just collect a paycheck each month and don't want to do work or looking to build a career then this is the place for you.

    Cons

    There's very little chance of promotion unless you work yourself to death and someone up there really likes you. I personally know some people that have worked there all their lives (20+ years) and is only at the AVP level. The bank gives you below market salaries and raise levels. HR is way too powerful, they can literally decide whether you get the job offer, promotion, or raise despite what your manager promised...

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    Advice to Management

    no advice because they don't care.

    Bank of China - New York2019-04-11
  3. "Be warned! DO NOT JOIN."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Analyst 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Bank of China - New York full-time for more than 3 years

    Pros

    Good for starters but other than that, nothing. Join for 1-2 years and leave, and if you have other choices, do not even join. Oh wait... probably another good thing, cheap cafeteria and free dinner if you stay beyond 7pm.

    Cons

    Too many cons and the biggest con is that HR wields too much power in this organization. These people do not even understand the business or the sense of urgency or even any form of risk management. They would rather jeopardize the bank with their antics. They also have processes which are unclear, not transparent and changes faster than the weather, not informing or updating departments on the new processes. In addition,...

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    Advice to Management

    Keep HR in check - more transparency is needed in processes. Offer competitive compensation. Have KPIs and proper staff feedback and review. Do away with all the paper processes, this is year 2019, not 1900. Too many layers, just hire capable people, stop hiring all those people who just talk and cannot do any work.

    Bank of China - New York2019-03-29
  4. "Risk Modeling Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    good hours and cafeteria

    Cons

    you may not work from home

    Bank of China - New York2019-02-08
  5. Helpful (1)

    "Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Bank of China - New York full-time

    Pros

    Benefits in decent shape Nice platform for entry level employees

    Cons

    Too many employees from China while they take key positions. Ceiling limit is one of the concerns. Corporate culture not consistent with local companies

    Advice to Management

    Probably should send more knowledgeable management employees to the US

    Bank of China - New York2019-01-14
  6. Helpful (1)

    "Please do yourself a favor and don’t come here, unless you’re in need of experiences."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Bank of China - New York (Less than a year)

    Pros

    Benefits are about the only thing good at this place.

    Cons

    Everything else. Low wage, disorganized management, and lack of training from top to bottom. This place is poorly ran and just overall a terrible place to work. You have been warned.

    Bank of China - New York2018-10-14
  7. "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Bank of China - New York full-time

    Pros

    Great Deal. Very Talent people to work with. Nice work-life balance.

    Cons

    No promotion for several years

    Bank of China - New York2018-07-09
  8. "Internal Audit"

    StarStarStarStarStar
      Current Employee - Anonymous Employee 

      I have been working at Bank of China - New York full-time

      Pros

      Good opportunity to expose to commercial banking

      Cons

      Culture shock and communication could be difficult sometimes

      Bank of China - New York2018-05-27
    • Helpful (14)

      "Not Recommended."

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Management in New York, NY
      Doesn't Recommend
      Neutral Outlook
      Approves of CEO

      I have been working at Bank of China - New York full-time for more than a year

      Pros

      Commuter Allowance Inexpensive Lunch /Dinner - but lacks variety (ex. No salad option ) Curtious when first being onboarded Good vacation

      Cons

      Management lacks integrity Culture encourages employees to hide errors and forces lack of transparency throughout organization. Many lies spread through grapevine. No changes here. Manual intensive - no innovation. No remote access to network. No choices available in benefits. 401k vesting period - 4 years. Senior management lies to regulators. Culture and values are at an all time low. No program...

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      Advice to Management

      Remove EVP level and bring in management with local regulatory experience and true integrity.

      Bank of China - New York2018-05-18
    • Helpful (4)

      "Manager"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Anonymous Employee in New York, NY
      Doesn't Recommend
      Neutral Outlook
      No opinion of CEO

      I have been working at Bank of China - New York full-time for more than 5 years

      Pros

      Stable positon is the only Pros

      Cons

      Low salary. Really low. Not worthy at all.

      Advice to Management

      You will not get true genuine with this pay level.

      Bank of China - New York2018-01-24
    Found 44 reviews