#sux

#sux

@1bzq+1rrBDekY - I think the 60-day (and in some cases, 90-day) rule must have expanded recently. It's been in place for CEO 2-deep + senior/business critical Traders and Investment Bankers (former GBAM, "Private" side), esp. those leaving to a Competitor for decades. (Often called "garden leave", they don't stay for 60 days, but leave withing a week or two, remain in Corp Directory, but email is disabled and cannot actually begin at your new company until the 60 or 90 day period is completed. It's regulatory, so competitors have same rule in place for similar roles and are familiar.)

This is not a "BofA" thing. It's industry wide for senior mngt/large corporate/investment banking/trading roles.

I am on the Public side (consumer bank, CAO, etc.). Just took the annual Business Conduct Refresher course in MyLearning -- new to me were instructions in the course to "go to Work Day, click on your Profile, then your Role. Then, click on a link in Flagscape where they outlined the Notice Rules for your role.) I was 60-days (!).

I've never been 60-day and have been in the same role/same level (B3) for 10+ years. So nothing about my role changed. I am looking at retirement and planning the standard 2-week notice in writing to manager, so this was quite a surprise. #sux

My guess is that if you are going to a competitor, they will want you to leave immediately and revoke system access, etc. and you cannot start at the competitor firm until the 60 days is completed. I suppose you could trying asking for a waiver if you are not very senior and aren't in a sensitive role. Wishing you best of luck for a better future!