Bank of America Careers: Benefits, Job Roles & How to Apply 

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Bank of America careers

Bank of America is an American multinational investment bank and financial services which is a dream for many finance and banking students. However, making a career at Bank of America is not unattainable. With its headquarters in Manhattan, the place also provides amazing work opportunities to its employees and a vibrant cultural life. Most of its branches are located in big cities in various countries worldwide. So, whether you want to stay in Delhi or Mumbai or travel all the way to Manhattan, Bank of America careers are waiting for you. If you are interested in making a career at Bank of America, stay tuned with us as we cover the details around it. 

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Benefits of Working at Bank of America

If you work at Bank of America you will be entitled to numerous benefits as well. These benefits promote the physical, emotional and financial wellness of the employees and include the following. 

  • There are a lot of quality health and insurance benefits offered at the bank. They also organise annual health screenings for Get Active! challenge to support the costs of healthcare. 
  • They also have an Employee Assistance Program, giving free support to employees or anyone in their household.
  • Bank of America also offers leave for new parents and backup child and adult care under the required circumstances. 
  • One can also avail of the 20 days bereavement leave for full-time employees on losing a spouse, partner or child.
  • Employees can also use the resources and benefits of internal and external experts in case of need for personal assistance. 
  • There are also certain retirement benefits offered to the employees at the company. 

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Building Your Career at Bank of America

Career development & training for growth are central to the ever-learning environment at the Bank of America. They help their employees by improving their values while they are within the system by incorporating various career development and training programs for their employees. Here are some of the pathways for career development. 

  • The performance reviews are rather more meaningful discussions to understand your job role and discuss career goals. 
  • Clear and actionable career goals whether professional or personal are listed and mapped to be achieved in time. 
  • They also provide access to a lot of learning material like instructor-led classes, interactive web-based training, videos and eBooks. 
  • Each employee is offered support, guidance and resources to figure out the next step in their career. 
Bank of America Careers

Positions Open in 2023

Here are recent positions currently open at the Bank of America; 

JobsCharlotte, North Carolina Atlanta, Georgia Richmond, VirginiaPlano, Texas
Head of Product Management, IT Service ManagementCharlotte, North Carolina Atlanta, Georgia, Richmond, VirginiaPlano, Texas
Head of ServiceNow EngineeringCharlotte, North CarolinaNew York, New YorkMiami, FloridaSan Francisco, CaliforniaCity Of Industry, California Boston, Massachusetts
Process Design Consultant ICharlotte, North Carolina Atlanta, GeorgiaRichmond, VirginiaPlano, Texas
Treasury Sales Associate or AnalystCharlotte, North Carolina Chicago, IllinoisPlano, TexasSaint Louis, Missouri
Vice President, ArchitectCharlotte, North Carolina
Business Control Manager – Business Control Remediation Global OperationsCharlotte, North Carolina Atlanta, Georgia Richmond, VirginiaPlano, Texas
Marketing Programs Development Manager IICharlotte, North Carolina; Chicago, Illinois
Relationship Banker – Eastfield Village Financial CenterCharlotte, North Carolina
Site Reliability Engineer, Active DirectoryPlano, TexasCharlotte, North CarolinaJacksonville, Florida
Senior Technology Services Lead, Identity Management OperationsPlano, Texas; Charlotte, North Carolina; Jacksonville, Florida

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How to Apply for Bank of America Careers?

To apply for Bank of America careers, candidates need to first make themselves aware of the bank by:

  1. Exploring the official website of Bank of America 
  2. Following their job postings on LinkedIn and Twitter
  3. Attending recruiting events and workshops. 

With this, you will get a fair idea of what kind of career you want to pursue at the Bank and the procedure to apply for it. After that, you can proceed with the application procedures while keeping the following things in mind. 

  • Visit the careers section of the bank website.
  • Click on the job posting you are interested in and go through the requirements. 
  • Click on the apply button at the end of the page. 
  • First, create a profile and then log in to complete the application form.
  • Add your resume and important information including the profile links for LinkedIn etc. 
  • Add your experiences and educational qualifications. 
  • Keep saving the data on your profile. 
  • Upload a photograph and signature and submit the application after reviewing. 

Keep the following in mind while applying for any job; 

  • Submit your application only through the Bank of America application system. 
  • Only online applications and resumes are accepted. 
  • Candidates not currently residing in the city or country are allowed to apply if they are ready to relocate. 
  • If you are already an employee at the bank, inform your manager about the application for a change in position. 
  • You will receive a confirmation mail on submission of the application.
  • If selected then the Talent Acquisition representative will contact you. 

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Salary Prospects of Making a Career at Bank of America 

Salary is a very important factor for anyone before opting for a career anywhere. Here are the salaries for some job roles at the Bank of America. 

PositionSalary
Analyst $80K-$131K
Vice President $161K-$263K
Associate$96K-$162K
Investment Banking Analyst $136K-$224K
Relationship Banker$60K-$82K
Investment Banking Associate$164K-$280K
Software Engineer$113K-$173K
Financial Analyst $80K-$126K
Personal Banker$56K-$76K
Intern $54K-$95K
*Glassdoor estimates for jobs in New York City

Social Life at Bank of America

To maintain a good work-life balance, Bank of America offers many events and opportunities for employees to connect. The workplace promotes interdepartmental and cross-connections to build a healthy workplace. They also offer access to museums and cultural institutions for all communities at little or no cost. They also offer access to and organise many other events for the employees. 

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FAQs

Is Bank of America a good place to work?

Yes, Bank of America offers competitive salaries and benefits to its employees. It also promotes a healthy work environment and growth opportunities for all its employees. 

How can I join Bank of America from India?

You can apply online on their website under the Bank of America careers section. You can even write an email specifying your candidature or connect through social media or LinkedIn. 

How do you get selected for Bank of America?

Bank of America conducts an interview to screen the candidates. They also resort to certain competency exercises to evaluate candidates. Bank of America also measures your aptitude and skills required for the jobs.

This was all about the Bank of America careers that one would want to know about before applying for a job there. If you want to know more about building a career abroad, follow Leverage edu.  

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