Bank of America Corporation ($BAC), as of Frday, June 22, has 10,593 open positions according to its own job sites (and according to tracking data from the Thinknum Datalab).
While that may sound like a lot of positions — and it is — it's worthwhile to note that Bank of America is the second largest bank in the United States in terms of assets behind JPMorgan Chase. JPMorgan Chase's total assets are listed at $2,534 vs. Bank of America's $2,281 in billions.
The bulk of the open positions at Bank of America are in the US, with most at its Charlotte, North Carolina headquarters. New York City comes in a relatively close second.
|
City |
State |
Title (Count) |
|---|---|---|
|
Charlotte |
NC |
1,109 |
|
New York |
NY |
676 |
|
Chicago |
IL |
295 |
|
San Francisco |
CA |
213 |
|
Plano |
TX |
144 |
|
Pennington |
NJ |
139 |
|
Jacksonville |
FL |
135 |
|
Los Angeles |
CA |
118 |
|
Atlanta |
GA |
115 |
|
Dallas |
TX |
112 |
|
London |
92 |
|
|
Phoenix |
AZ |
91 |
|
Boston |
MA |
85 |
|
Houston |
TX |
85 |
|
Gurugram |
Haryana |
82 |
|
San Diego |
CA |
77 |
|
Las Vegas |
NV |
77 |
|
San Jose |
CA |
72 |
|
Hyderabad |
Telangana |
68 |
|
Nashville |
TN |
63 |
As for the types of positions being filled, a large majority are for Client Service Representatives. These are the touchpoints for the company — the customer commuicators and the upsellers for additional financial services — so it's no surprise that Bank of America would be focused on growing this practice.
|
Title |
Title (Count) |
|---|---|
|
Client Service Representative |
1,020 |
|
Financial Advisor Development Program |
430 |
|
Client Associate |
160 |
|
Financial Advisor Business Development Program |
145 |
|
Registered Client Associate |
96 |
|
Financial Advisor Planning Development Program |
72 |
|
Financial Center Lending Officer |
46 |
|
Analyst |
38 |
|
Quantitative Finance Analyst |
36 |
|
Analyst I - Apps Prog |
34 |
We'll be doing a similar snapshot for other large US banks this week, including aforementioined JPMorgan Chase. We'll also be taking a look at Wells Fargo and Citigroup before the end of the week.