If you dream of working at Bank of America, it means that you need to know how to apply to this company and also the career that you will get here. So, here you are able to read about it.
Starting a Career with Bank of America
If you want to start your career at Bank of America, of course the first thing that you have to do is to apply for a job at this company. Before applying for a job there, you have to search for open positions on the site. You can search it by desired location or by keyword and then keyword searches will scan position titles and job descriptions for a match and you will be given the results based on relevance.
After you find an open position that you want to apply for, you are able to apply for a position by clicking the Apply button which can be found on the position’s job description page. After clicking on that button, you will be taken into the Bank of America application portal. On that portal, you are able to upload your resume or import your information from LinkedIn. It is important for you to note that you may be asked to answer questions specific to the role that you are applying for.
You will also be required to create an account before you start the process of application. Creating an account permits you to save an in-progress application if you are not able to submit all in one sitting.
When you are applying for a job at Bank of America, your application needs to be submitted via the Bank of America application system and it is important for you to note that resumes will only be accepted via their online application. You are also permitted to apply for the position via your mobile device.
After your application has been submitted, then a confirmation email will be received by you. If you are chosen to take part in the next step of the process, namely interview, a Talent Acquisition representative from Bank of America will contact you.
If you have been interviewed and you are successful in it, the hiring team will decide to move forward and a written offer of employment will be developed and also a verbal offer will be extended. If the package is accepted, then there will be a formal offer and contract letter which will be drafted for your signature, where applicable.
They will make sure that you are set up for success from day one. To help in a smooth transition into your new role, there are onboarding resources which function to help educate you about the company, history, culture and values. Also, there are a range of competency and skills-based resources for supporting your professional development from the very beginning and throughout your career with Bank of America.
Career Mobility at Bank of America
Employees at Bank of America are helped to develop their skills and grow their careers. It is done because it is important to how they retain their talent and sustain their business. It is done by offering their teammates a variety of leadership-supported programs and learning and development resources for every stage of their professional development.
Performance Review at Bank of America
At Bank of America, there are performance reviews which are not just a conversation once a year, but they are discussions which are ongoing and meaningful with your manager about your performance and career goals. Your manager will support and guide you so that you can set goals which are clear and actionable and map out a plan to develop the skills and experience to get there with regular checkpoints. There are also a number of tools and discussion guides to help facilitate these conversations.
Benefits of Working at Bank of America
According to the Job Applications site, here are the benefits of working at Bank of America.
- Employees get a comprehensive health benefits package with medical, dental, and vision coverage available to employees and eligible family members.
- The company offers a range of paid and unpaid time-off options for vacation, illness, holidays and leaves of absence.
- Employees are able to enjoy other life benefits such as adoption, parental leave, and tuition reimbursement, childcare compensation and employee assistance programs.
- The bank offers competitive retirement benefits and those include enrollment in company-matched 401(k) retirement plans.
Positions and Salary Information at Bank of America
According to the Job Applications site, here are positions and salary information at Bank of America.
This position has a responsibility to process customer transactions in accurate and efficient manners. They should excel in fast-paced work environments, can identify customer needs efficiently and build sales consistently through referral of financial products and services. Usually, tellers earn between $11.00 and $12.00 an hour.
- Customer Service Representative
This position works in online and phone support where they help customers to solve problems with online banking, mobile banking and credit card purchases. So, they are required to understand problem-solving techniques, the importance of building customer rapport and the need to multitask effectively. Usually, customer service representatives may earn around $13.00 to $16.00 per hour.
- Personal Banker
A personal banker is responsible to offer and sell financial services and products such as credit cards, loans and certificates of deposit. Usually, personal bankers may earn up to $20.00 an hour or roughly $35,000 to $40,000 annual salary.
If you work in management positions, you will exist in all areas of customer service in the banking industry company. Ideal managers have to be able to balance customer service with the needs of the institution. Usually, managers may earn annual salary options which range from $40,000 to $70,000.
The Prospects of Career at Bank of America
As explained on the Target Jobs site, Bank of America has always described career mobility as an important part of its culture. The policy of its internal mobility is aimed to help ambitious employees progress in the organization. These are able to be moved across and in different lines of the business.