Thread regarding Bank of America layoffs

Internal career opportunities question

Can anyone share advice on any good career areas at BofA that do not involve working heavily with offshore teams? I'm currently in a CFO Group role and although we likely aren't at the GT&O level yet, they are heading in that direction...

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| 1614 views | | 7 replies (last November 23, 2021) | Reply
Post ID: @OP+1dRMAXSO

7 replies (most recent on top)

Marketing COA but good luck getting in.

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Post ID: @6jrd+1dRMAXSO

nothing in any technology or operations group will get you what you are seeking. they are all heavily offshore. Your best bet would be sales or some other customer facing job. I personally would rather have to run translation software than speak to a customer....but that's just me. Communication is extremely challanging and I don't see that changing anytime soon.

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Post ID: @1jgf+1dRMAXSO

It's spilled across many teams in the bank. Only areas I see that are relatively clean are some business side roles with long timers there.

Forget about anything in GTO unless it's LATAM and you speak Spanish.

I've seen entire areas riddled with nepotism...once an offshore manager comes onshore... it's like a mafia and locals leave that team. Just look at any tech team. What was it before and what it is now?

The processes are terrible due to lack of innovation and clarity. It's a house of cards. If it's good enough for execs and shareholders to get paid. It's good enough.

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Post ID: @1bfo+1dRMAXSO

Offshore is taking over the bank. We just handed a bunch of our work to offshore, but of course first we have to make them a "Run Book". Back in my day you showed someone how to do the job, they took notes on the process, and that was that. Offshore is a completely different experience. And offshore always wants you to tell them how to proceed so the finger pointing is always back at you, never at them. And forbid one day the process isn't A,B,C. The day it goes A, skips B, and goes to C its always a hard stop for them. No matter how many times you tell offshore how to proceed when step B isn't in play that day, they will act like its the first time they've ever heard it and ask you how to proceed, again because they always want the finger pointing back at you, never at them.

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Post ID: @1mco+1dRMAXSO

Correct. It’s just a JOB. Don’t get your hopes up as far as career advancement. If you are a D&I with no experience it’s easier to get in than if you had experience for the specific role. Seen it too many times. Fast talkers with no experience come in and make a mockery out of the role. Destroy and leave and move on to something else.

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Post ID: @xqs+1dRMAXSO

It’s not a career, it’s a job. Don’t kid yourself.

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Post ID: @npv+1dRMAXSO

If someone hasn’t told you to apply you likely won’t get the role

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Post ID: @bvf+1dRMAXSO

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