Bank of America - My Review of bofa | Glassdoor
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There are newer employer reviews for Bank of America

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"My Review of bofa"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Assistant Vice President in Dallas, TX
Current Employee - Assistant Vice President in Dallas, TX
Recommends
Positive Outlook
Approves of CEO

I have been working at Bank of America full-time (More than 10 years)

Pros

Work From Home.
Clear measure of productivity and pay per performance.

Cons

Everything is at right propotion

Other Employee Reviews for Bank of America

  1. "ESAT Scores"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in East Providence, RI
    Current Employee - Anonymous Employee in East Providence, RI
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    Flex scheduling, casual dress code, opportunity to learn the business of banking

    Cons

    Management once they pin point you as trouble you are harassed and talked down to.

    Advice to Management

    Upper management needs conduct focus groups to see what the problems are that are bringing down scores in categories such as "do you feel that you can open with your manager without fear of negative consequences." Allowing direct reports to conduct these meetings is a joke and not getting to the root of the issue. They simply take your opinions and use them as a means to harass you until you're on the verge of a nervous breakdown.


  2. Helpful (1)

    "Slow steady opportunities for upward movement"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Mortgage Underwriter in Charlotte, NC
    Current Employee - Mortgage Underwriter in Charlotte, NC
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    Excellent benefits including matching 401k, adoption reimbursement, education reimbursement, ethical lending culture, an interest in seeing employees succeed and realize their potential.

    Cons

    High turnover which results in work being constantly re-assigned to whatever employees remain on board. This results in poor customer service and the feeling that you are not working for a world class company. Mandatory overtime.

    Advice to Management

    Learn how to hire and retain capable employees. Stop focusing on the trend of the week or the "tall bar" of the week and focus on common sense loan processing and underwriting. Stop trying to automate a loan shop into an assembly line of 1200 individual steps to be tracked by daily reports and just hire talented people who can use their brains to get the job done. The process has become more about making the 1200 metrics on a report appear "green" rather than on dispositioning loans. Reports do not tell the entire story.


There are newer employer reviews for Bank of America
There are newer employer reviews for Bank of America

See Most Recent

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