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At Bank of America Merrill Lynch, we realize the power of our people and value our differences — in thought, style, sexual orientation, gender identity, culture, ethnicity and experience — recognizing that our diversity makes us a stronger company. Diversity and inclusion are central to our company's values, and we are proud to be widely recognized for our progressive workplace practices and initiatives that promote inclusion.
Life is better when we are connected to our employees
At Bank of America Merrill Lynch, we’re committed to attracting, recruiting and retaining top diverse talent from across the globe. We partner with a variety of organizations to find the best talent for our company and support and participate in recruiting events coordinated by many of our external partners
Our campus recruiting team visits colleges and universities across the globe to secure talent for our internship and associate programs.
Here, you'll have the opportunity to work for a company recognized for creating industry-leading technology, products and services. Our leaders serve on numerous local and national boards and regularly receive top industry honours, including recognition in US Banker, Forbes, Fortune and others. You'll have opportunities to achieve your goals. Every day, we are focused on delivering on the promise of being a great place for people to work where all employees have the opportunity to achieve personal success and contribute to our company – at every phase of their lives.
Life is better when we are connected as a company
At Bank of America Merrill Lynch, diversity is core to who we are and how we operate — it’s part of our DNA. Our Employee Networks are perfect examples of how we grow stronger through our commitment to diversity and inclusion.
Bank of America Merrill Lynch’s Employee Networks are bank-supported groups made up of employees who share a common dimension of diversity, along with others who support them. Our Employee Networks form around race, ethnicity, gender, sexual orientation, disability, age, parental status and veteran status. In 2012, through Employee Networks around the world, more than 60,000 employees connected and participated in networking opportunities, mentoring programs, information forums and various volunteer events. Many members also served in leadership roles and led initiatives for recruiting, client development and community partnerships.
Employee Network Chapters
- Asian Leadership Network
- Black Professional Group
- Disability Employee Group
- Hispanic/Latino Organization for Leadership and Advancement
- Inter-Generational Employee Network
- Leadership, Education, Advocacy and Development for Women
- Lesbian, Gay, Bisexual and Transgender Pride Resource Group
- Military Support Group
- Multicultural Leadership Network (Europe and Emerging Markets)
- Native American Professional Network
- Parents and Caregivers Network
- Young Professionals Network (Asia Pacific)
Our commitment to diversity and inclusion and to our Employee Networks is making interactions easier for employees who work at different locations and in different lines of business — creating an environment where success is shared at the bank and in the communities we serve.
There is a tremendous range of possible activities, partnerships and opportunities, for the leadership and members of the Employee Networks to show great creativity and resourcefulness in developing new programs.
Each year, every Employee Network chooses an organization to partner with on a national level. The organization is one whose mission aligns with the specific network and that can offer volunteer opportunities on both the national and local level. The organization receives a grant from the bank but, more importantly, it benefits from the expertise, energy and dedication of volunteers from the networks. Learn more about a few of our Employee Networks;
Black Professional Group and National CARES Mentoring Movement – employees helping communities
The partnership between the Black Professional Group (BPG) and the National CARES Mentoring Movement, which began in 2011, is a perfect example of how the Employee Network Grant Program impacts both the network and the organization in profound, positive ways. National CARES Mentoring Movement “recruits and connects mentors with local youth-serving and mentoring organizations to help guide struggling Black children to academic and social success.”
“National CARES was a perfect fit for us — not only do they help children in our communities, but its mission aligns with another focus area for our network: professional development,” says Miyoshi West, BPG Enterprise Co-Lead. “Through CARES, we’re looking at the next generation, helping assess what those children are lacking in their lives that would allow them to be the best they could be, to reach their full potential, just as our network makes sure our members are living up to their full potential.”
Ally Program sends a powerful message of inclusivity where differences are valued and respected
At Bank of America Merrill Lynch, we strive to help all employees reach their full potential. Our support comes through in our values, policies and benefit programs, which have helped to create an inclusive environment where differences are valued and respected. To help continue to drive positive change and engagement for our colleagues, Bank of America Merrill Lynch has launched the Ally Program, in support of the Lesbian, Gay, Bisexual and Transgender (LGBT) Pride employee network.
An ally is someone who is supportive of and accepts all teammates, including our LGBT colleagues, or who personally advocates for LGBT inclusivity. The program will provide opportunities for employees to participate in educational and volunteer events while learning how to assist the LGBT community with the challenges they face.
“The Ally program is an important part of strengthening our culture of inclusion, and it’s a reality because of the passion of our own employees,” said Geri Thomas, Chief Diversity Officer. “The program provides an opportunity for all employees to declare openly that they’re an ally and ensure that all employees feel included, valued, and confident that they have every opportunity to succeed in our company.”
The power of an ally
Aimee Broadhurst, a corporate communications manager in Global Marketing & Corporate Affairs and LGBT Pride Ally program co-lead, became an advocate and unofficial ally years ago after seeing differences in her two sisters’ work environments, where one was out and the other was not.
“It fueled my passion to be visible as a straight ally at the bank,” Aimee said. “I don’t ever want a colleague to feel like they cannot be who they are. The Ally program shows how we truly are better when we are connected. Those connections are only possible in an environment where every single person brings their whole self to work every day.”
Why become an ally?
Studies suggest that nearly 50 percent of LGBT employees at U.S. companies still feel they cannot be open at work. Imagine getting to work and literally feeling like you have to leave part of yourself behind as you go through the door. This can be challenging for many LGBT employees and can have an impact on productivity, efficiency, confidence and motivation, and the ability to build relationships with colleagues and clients.
Military Services & Assistance Group recruits top talent for the bank
In the past few years, Bank of America Merrill Lynch has increasingly recognized the unique value that veterans and reservists bring to the table; military personnel are self-starters, understand logistics and have a service- and teamwork-oriented attitude, all of which help them contribute to the success of the bank.
To increase the numbers of military personnel at the bank, the Military Veteran Recruiting Program (MVRP) was tasked with an ambitious goal of doubling the number of veterans hired in one year. This goal was surpassed by the end of the third quarter, thanks to the combined efforts of the MVRP team and the Military Support and Assistance Group (MSAG). Overall for 2012, the bank hired more than 1,600 veterans.
Life is better when we are connected to our customers, clients and our community
Bank of America Merrill Lynch partners with the following global and national organizations to support our diversity and inclusion efforts, from attracting the best talent, to educating our existing workforce, to creating a more inclusive environment.
Our diversity efforts have been recognized by various external organizations and media around the world. We are honored to receive these awards. Here are some of the most recent:
Awarded the World’s Best Bank for Diversity by Euromoney 2016.
- RateMyPlacement ranked us No. 2 out of 100 companies on the 2016/17 UK Top Undergraduate Employer list.
- In May 2016, we were named a leader in the first-ever Bloomberg Financial Services Gender-Equality Index.
- Recognised with the Team Diversity Award 2016 by Women in Banking and Finance, for our three women’s networks.
- Named among 2016 NAFE Top Companies for Executive Women by National Association for Female Executives
- In spring 2016, recognized as Top Employer Award for Career Progression from Workingmums.co.uk.
- For the 27th consecutive year, recognized by Working Mother Magazine’s 100 Best Companies for 2015 list.
- In 2016, honored (for the third year) by the 2020 Women on Boards campaign for maintaining a board composition of at least 20 percent women.
- Ranked among the 50 Best Places to Work for New Dads in 2016 by Fatherly.com.
- Included on the Dave Thomas Foundation for Adoption’s 2015 Best Adoption-Friendly Workplaces List.
- Named 2016 Most Valuable Employers for Military by CivilianJobs.com for our support of U.S. service members.
- Named by Victory Media to their 2016 Military Friendly Employer list.
- Selected among Best for Vets: Employers 2016 by Military Times for our commitment to America’s veterans.
- For 10 consecutive years, we have scored 100 percent on the Human Rights Campaign Corporate Equality Index and have also been recognized as a ‘Best Place for LGBT to Work’ for LGBT Equality in 2016.
- Named Top 100 Employers 2016 by the Stonewall Workplace Equality Index.
- The National Gay & Lesbian Chamber of Commerce and National Business Inclusion Consortium named us on their list of 2016 NBIC Best-of-the-Best Top 30 Corporations for Inclusion.
- Chosen as one of Affinity Inc. Magazine's 2016 Top Corporations for LGBT Economic Empowerment for our supplier diversity and development work.
- LATINA Style Magazine named us among their 50 best companies for Latinas to work in its 2015 Latina Style 50 Report.
- Black Enterprise ranked us among 40 Best Companies for Diversity 2015.
- In 2015, Bridges from School to Work Foundation recognized us as Employer of the Year for our support of its program to hire young people with disabilities.
- We received the 2015 Lex Frieden Employment Award from the Texas Governor’s Committee on People with Disabilities for our support of full inclusion in all aspects of the workplace.
- Honored as one of the 2015 Best Companies for Employee Resource Groups at the ERG Summit & Elevate Forum.
- For the fourth consecutive year, we were among the top 10 companies in Diversity MBA Magazine’s 2015 ranking of 50 Out Front Companies for Diversity Leadership: Best Places for Women & Diverse Managers to Work. We were also recognized in the Top 10 Best in Class Category for Representation and Workplace Inclusion.
- Bank of America Merrill Lynch was ranked among the top 5 firms (no. 5 ranking) in the Community Business LGBT Workplace Inclusion Index in Hong Kong in 2015.
- Universum ranked us among The Most Attractive Employers of 2016 – Business.
- RateMyPlacement ranked us No. 1 out of 100 companies on the 2015/16 UK Top Undergraduate Employer list.
- Selected one of America’s Top 50 Organizations for Multicultural Business Opportunities for 2016 by Diversitybusiness.com.