Bank of America
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Bank of America Employee Reviews
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The Bank of America Corporation
The Bank of America Corporation (abbreviated as BofA) is an American multinational investment bank and financial services company based in Charlotte, North Carolina, with central hubs in New York City, London, Hong Kong, Minneapolis, and Toronto. Bank of America was formed through NationsBank's acquisition of BankAmerica in 1998. It is the second largest banking institution in the United States, after JPMorgan Chase. As a part of the Big Four, it services approximately 10.73% of all American bank deposits, in direct competition with Citigroup, Wells Fargo, and JPMorgan Chase. Its primary financial services revolve around commercial banking, wealth management, and investment banking.
Asia Pacific project lead for tax compliance project
Project manage the roll out of the FATCA and CRS to all the 19 locations of BAML whole sale banking division in the Asia Pacific region.Typical day included participating in project calls and implementing the various policies to the different branches of the bank.
Great place to work
Bank of America is a great place to work indeed.
Strategy description: Customer value proposition
Bank of America (BOA) delivers for clients, communities and shareholders. To make financial lives better, BOA must:
Deliver together: BOA believe in the importance of treating each client and teammate as an individual and treating every moment as one that matters. BOA strives to go the distance to deliver, with discipline and passion. BOA believes everything they do for clients, employees and the communities has been built on a solid foundation that delivers for shareholders.
Act responsibly: BOA believe that integrity and the disciplined management of risk form the foundation of the business. Bank is aware that their decisions and actions affect people’s lives every day. The Bank strives for decisions that are clear, fair, and grounded in the principles of shared success, responsible citizenship, and community building.
Realize the power of our people: BOA wants their employees to reach their full potential. They believe that diverse backgrounds and experiences make the bank stronger. BOA respects every individual and values the differences - in thought, style, culture, ethnicity and experience.
Trust the team: The bank believe, the best outcomes are achieved when people work together across the entire company. BOA believes great teams are built on mutual trust, shared ownership and accountability. BOA act as one company and believe when work together, can best meet the full needs of their clients.
Strategy description: Customer value proposition
Bank of America (BOA) delivers for clients, communities and shareholders. To make financial lives better, BOA must:
Deliver together: BOA believe in the importance of treating each client and teammate as an individual and treating every moment as one that matters. BOA strives to go the distance to deliver, with discipline and passion. BOA believes everything they do for clients, employees and the communities has been built on a solid foundation that delivers for shareholders.
Act responsibly: BOA believe that integrity and the disciplined management of risk form the foundation of the business. Bank is aware that their decisions and actions affect people’s lives every day. The Bank strives for decisions that are clear, fair, and grounded in the principles of shared success, responsible citizenship, and community building.
Realize the power of our people: BOA wants their employees to reach their full potential. They believe that diverse backgrounds and experiences make the bank stronger. BOA respects every individual and values the differences - in thought, style, culture, ethnicity and experience.
Trust the team: The bank believe, the best outcomes are achieved when people work together across the entire company. BOA believes great teams are built on mutual trust, shared ownership and accountability. BOA act as one company and believe when work together, can best meet the full needs of their clients.
Fun and exciting team
My responsibility involves settlement transactions including, but not limited to Equity/Fix income, CB settlement control, I also manage client service by providing liaising service to clients and facilitate settlements. I administer settlement control to various markets that includes ECR, US, Asia, etc. I assist clients and front office for their inquiries regarding trades for the markets. I involved global projects with doing daily work. I leaned how to manage my time, how to success the project and how efficient I could work.
Always to communicate with team members so it helps to complete the project or hardest jobs
Always to communicate with team members so it helps to complete the project or hardest jobs
Pros
To get award when I work well
Cons
Sometimes no breaks too busy
Fun Workplace
My team was the most supportive and competitive team. Management is very good. In terms of benefits and over all package, it was pretty much the same. However, for non-local like me, we get to have a CPF-In-Lieu which is added on top of your base pay.
Pros
a lot of voluntary activities to choose from
Cons
long hours
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