Bank of America Securities - Worked at BofA during the financial turmoil of 2008, as an analyst | Glassdoor
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"Worked at BofA during the financial turmoil of 2008, as an analyst"

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  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Analyst in New York, NY
Former Employee - Analyst in New York, NY
No opinion of CEO

Pros

- comparable to other financial institutions in analyst pay and benefits

Cons

- hired way too many analysts than were jobs available
- did not communicate warnings, or information about analyst career oppportunities and where the company was headed (and did not quell negative rumors either)
- managers were confused and could not lead teams effectively under duress from above issue

Advice to Management

- communicate better with MDs

Other Employee Reviews for Bank of America Securities

  1. "Top Notch"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Banking Analyst in Charlotte, NC
    Former Employee - Investment Banking Analyst in Charlotte, NC
    Recommends
    Approves of CEO

    Pros

    * Compensation
    * Colleagues are some of most intelligent in the industry
    * Great place to network for future opportunities
    * Good deal flow
    * Resume builder with experience at a bulge bracket bank

    Cons

    * Tough work/life balance
    * Not a place to work if you thrive on positive feedback
    * Little to no communication with senior management

    Advice to Management

    Thank you for the opportunity and experience.


  2. "Your Mileage May Vary"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Tech Analyst in New York, NY
    Former Employee - Tech Analyst in New York, NY
    No opinion of CEO

    Pros

    Some great and talented people work here
    Salary is good

    Cons

    Offices other than the BOAT [Bank of America Tower] are pretty mediocre

    Everything depends on your immediate and one level up manager, if they aren't appreciate of their workers, don't expect any recognition.....at all

    Advice to Management

    Stop bringing in outsiders to run the company, grow talent from within, seriously, you have some really gifted people in mediocre mid management roles, seek them out!

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

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