Banc of America Securities

  www.bofasecurities.com
  www.bofasecurities.com
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Worked at BofA during the financial turmoil of 2008, as an analyst

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Analyst  in  New York, NY (US)
Former Employee - Analyst in New York, NY (US)

I worked at Banc of America Securities

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 ManagementAdvice

- communicate better with MDs

No opinion of CEO

16 Other Employee Reviews for Banc of America Securities (View Most Recent)

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  1.  

    Top Notch

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Investment Banking Analyst  in  Charlotte, NC (US)
    Former Employee - Investment Banking Analyst in Charlotte, NC (US)

    I worked at Banc of America Securities

    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 ManagementAdvice

    Thank you for the opportunity and experience.

    Recommends
    Approves of CEO
  2.  

    Ok

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  New York, NY (US)
    Former Employee - Anonymous Employee in New York, NY (US)

    I worked at Banc of America Securities

    Pros

    One gets the chance to work for a big player in the field as well be in a growing company.

    Cons

    It is a growing company so not so much deals, plus the economy is terrible. Lost of hours so be prepared.

    Advice to ManagementAdvice

    reduce the hours of the employees to make them happy and keep them, or else they leave to do other jobs

    Recommends
    No opinion of CEO
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