Taro Logo

It's Big-Company Finance Tech

Vice President of Technology
Former Employee
Worked at Bank of America for less than 1 year
January 3, 2016
New York, New York
3.0
Doesn't RecommendNeutral OutlookNo CEO Opinion
Pros
  • Good networking opportunities: You'll meet people throughout the company who are happy to help you.
  • Mostly stable gig: They need smart, active people who can push hard enough to break through corporate red tape. If you can do that, you'll have the job for as long as you want it.
  • Good pay for the work.
Cons

Corporate culture to the extreme. Lots of conference calls, lots of layers, lots of people who are just cashing a paycheck.

Depending on the role, the work can be very pigeonholed. Don't expect to learn new technology here.

It is hard to innovate here. Everyone wants to stay in their groove; so much so that the "innovators" at the company have typically been there for 10+ years, creating innovations that no one outside of the company is interested in.

Advice to Management

You need to learn how to act like a technology company, even though you'll continue to be a financial services company.

Was this helpful?

Bank of America Interview Experiences