Bank of America Merrill Lynch Employee Reviews

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Good Company
Financial Advisor (Former Employee) –  New York, NYOctober 18, 2017
Great place, awesome culture, not a lot of work-life balance
Good manager, better support for training, and could be better at helping brand new pmd's
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Fun place to work, very professional
Client Associate/Wealth (Former Employee) –  Dallas, TXOctober 17, 2017
Training was great, the team I was on was awesome. Management is very cold. Fast paced, cut throat environment, but very fun if you can keep up. Not exactly my industry to work in, but I am grateful for the experience.
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Best Place to work at
System Administrator (Former Employee) –  Chicago, ILOctober 16, 2017
Daily End-Users onsite/offsite support
Unlimited Training with opportunity to expand
Great workplace culture
wonderful team to work with
Top of the line Technology
Pros
Unlimited Training
Cons
none
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Fun and Productive workplace
Business Analyst (Current Employee) –  Lincoln, RIOctober 16, 2017
The management structure is very knowledgeable and willing to pass their knowledge on to their employees. Career advancement is available and prevalent.
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Huge corporate atmosphere
Sr. Operations Representative (Former Employee) –  Pennington, NJOctober 16, 2017
While they try to show themselves as a "local bank" BoA is anything but. They have limited advancement for those without a financial background, are limiting the amount of personal autonomy for many of the customer service positions - every decision not part of the "script" has to be approved by upper management - not even the immediate supervisor can make any blanket decisions. Everything is said to affect the bottom line, yet it is never shown exactly how it does when asked.
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Enjoyable Work Envrionment
Private Wealth Management Associate (Former Employee) –  Boston, MAOctober 16, 2017
The work was great, and the people I worked with were very personal. I could learn a lot from my team and they gave me ample opportunity to grow through the position.
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n/a
Finance Director, Municipal Banking and Markets (Current Employee) –  New York, NYOctober 16, 2017
Tight deadlines, perfection is expected, no errors allowed. FICC management is uninspiring and negative .Long Hours. Management need to be better teachers and motivators.
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Highly Political
Vice President (Current Employee) –  Jacksonville, FLOctober 15, 2017
Leadership unclear on how to implement its strategy
Layered communication
Multiple Leaders doing one designated Job
Lack of Honest opinion around next Steps
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Merryl Lynch is the best
Programmer Analyst (Former Employee) –  New York, NYOctober 13, 2017
Great company . Many interesting projects especially Y2K.
That was a massive effort to save the systems from the notorious millennium bug , the burden of responsibility was enormous, so was the pride for the job well done.
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Boa
Client Associate (Former Employee) –  New York, NYOctober 13, 2017
This is a financial institution that was located within the walls of the World Trade Center. This was actually my FIRST real job!!! The brokers were fair and helpful. The work hours were great & you received non taxable bonus.
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productive place to work
GWIM Sr. Operation Analyst (Current Employee) –  Chandler, AZOctober 13, 2017
Great place to learn a lot about the industry. The company definitely has some great health benefits. The discount program is awesome as well. I think the pay can me more competitive though.
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Excellent and friendly work environment
Client Associate (Current Employee) –  Northbrook, ILOctober 12, 2017
Almost everyone is very friendly and helpful at my branch. If you do a good job, management has your back and is there to try to help you however they can. Benefits are wonderful.
Pros
Free lunches, 4 months maternity leave, helpful management, friendly coworkers
Cons
Breaks are rarely ever taken, but badly needed due to high stress industry.
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Call Center environment
Senior Participant Services Representative (Former Employee) –  Jacksonville, FLOctober 12, 2017
Answering and assisting 401k plan participants by phone. Hours each week were to be 40 hours however overtime was constantly assigned due to short staffing. Employer was not fair in assigning work times and hours required for work. I was assigned late morning to close shifts which required staying on the phone lines until cleared, usually after posted end of shift times.
Pros
Good benefits
Cons
Inconsistant work scheduling and assignments
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Great place to learn Finance
Sales Associate/Intern (Former Employee) –  New York, NYOctober 12, 2017
Fast paced environment where you earn what you put in. Work life balance is difficult. Great management team and good compensation. Strict culture, very competitive..
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Great atmosphere
Project Manager (Former Employee) –  New York, NYOctober 10, 2017
Merrill Lynch was a great place to work and had great co-workers. It was both fun and challenging. Hard to advance in such a large corporate setting.
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Wonderful company
Implementation Project Manager, AVP (Former Employee) –  Norfolk, VAOctober 10, 2017
Truly values it's employees. Phenomenal benefits, mentoring management, education opportunities and support for advancement. Also, flexible work options.
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A great start in the financial industry
Senior Business Analyst (Former Employee) –  Hopewell, NJOctober 9, 2017
An established, well know company with ample room to grow. Downside is that it is a very political corporate structure. Most team environments are friendly and the company likes to hire within.
Pros
Ample room to grow within the company.
Cons
Corporate political structure
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Good Place to work
Business Analyst Consultant (Current Employee) –  New York, NYOctober 9, 2017
I am with the bank from past 1 year. Good Work culture, great team to work with. Little competitive, but easy to survive if you have the necessary skills
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Its was always busy
Senior Officer - Technology Infrastructure (Former Employee) –  Charlotte, NCOctober 9, 2017
Our daily work functions was very busy, we had 24 techinicans onsite at one time and downgraded to 7 technician onsite due to budget cuts but the work load was alway there. I supported the entire uptown charlotte and was station at the back office. Every year was a learning process due to the new software applications being push to our clients, as well the new desktop /laptop and tablets that was being dispatched to the clients. Our new manager is very micromanage, the workplace culture is nice. The hardest part of the job was trying to accomplish the daily tickets coming in with a short staff. The enjoyable part of the job was getting the job done and seeing the clients happy.
Pros
Great Benefits
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Pleasant work environment
Broker's Assistant (Former Employee) –  Wayne, NJOctober 9, 2017
Fast paced and somewhat demanding at times, but manageable. Management was effective. Coworkers were pleasant and collaborative. Typical 9-5 day, brokers were respectful.
Pros
Pleasant work environment
Cons
Demanding clients
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Overall rating

4.0
Based on 1,862 reviews
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Ratings by category

Work/Life Balance
3.8
Compensation/Benefits
3.8
Job Security/Advancement
3.4
Management
3.6
Culture
3.7