Bank of America Analyst II Salaries by 40+ Employees (Updated 2024)

5 - 11 years exp.

₹8 Lakhs - ₹23 Lakhs

Salary of majority employees

114% more than the average Analyst II Salary in Banking Companies for 5 - 11 years of experience

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Salaries in different departments

Engineering - Software & QA Analyst II Salary 5 - 11 years exp. (15 salaries)	₹8.1 L/yr - ₹23 L/yr
IT & Information Security Analyst II Salary 5 - 10 years exp. (11 salaries)	₹8.3 L/yr - ₹18.5 L/yr
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Engineering - Hardware & Networks Analyst II Salary 5 - 10 years exp. (7 salaries)	₹9.5 L/yr - ₹15.3 L/yr
Customer Success, Service & Operations Analyst II Salary 5 - 9 years exp. (4 salaries)	₹8 L/yr - ₹17 L/yr
Data Science & Analytics Analyst II Salary 8 - 11 years exp. (3 salaries)	₹16.2 L/yr - ₹23 L/yr

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Last Updated: 18 Oct 2024

Companies similar to Bank of America for Analyst II

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Analyst II Salary 0 - 5 years exp. (22 salaries)	₹10 L/yr - ₹30 L/yr 40% more
Wells Fargo Analyst II Salary 2 - 6 years exp. (10 salaries)	₹4.5 L/yr - ₹11.8 L/yr 30% less
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Citigroup Analyst II Salary 4 years exp. (4 salaries)	₹13 L/yr - ₹23 L/yr 22% more
Goldman Sachs Analyst II Salary 1 - 4 years exp. (9 salaries)	₹14.4 L/yr - ₹25 L/yr 7% more
Morgan Stanley Analyst II Salary 0 - 5 years exp. (45 salaries)	₹4 L/yr - ₹8 L/yr 58% less
HSBC Group Analyst II Salary 0 - 3 years exp. (7 salaries)	₹21 L/yr - ₹25 L/yr 59% more
Barclays Analyst II Salary 2 - 5 years exp. (6 salaries)	₹4 L/yr - ₹11 L/yr 48% less
Deutsche Bank Analyst II Salary 3 - 5 years exp. (5 salaries)	₹5.4 L/yr - ₹9.1 L/yr 55% less
ICICI Bank Analyst II Salary 1 - 6 years exp. (4 salaries)	₹4 L/yr - ₹14 L/yr 53% less
Yes Bank Analyst II Salary 5 - 9 years exp. (3 salaries)	₹5 L/yr - ₹6.8 L/yr 59% less

Analyst II salary at Bank of America ranges between ₹8 Lakhs to ₹23 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 49 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Analyst II salaries

Last Updated: 18 Oct 2024

Experience	Avg Annual Salary
5 years (9 salaries)	₹8 L/yr - ₹17 L/yr
6 years (7 salaries)	₹9.2 L/yr - ₹17 L/yr
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7 years (12 salaries)	₹8.3 L/yr - ₹18.5 L/yr
8 years (6 salaries)	₹12 L/yr - ₹16.2 L/yr
9 years (5 salaries)	₹11.7 L/yr - ₹18.5 L/yr
10 years (6 salaries)	₹11.7 L/yr - ₹23 L/yr
11 years (4 salaries)	₹14.9 L/yr - ₹23 L/yr

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Top skills at Bank of America for Analyst II

Administration Project Management Risk Management Auditing Version Control Business Services JIRA Asset Management

Salary related reviews for Bank of America

3.8

Rated by 3 employees for salary & benefits

Team Member in New Delhi

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 14 Oct 2024

1.0

for Salary and Benefits

Likes

Nodal Pickup and home drop- both side cab

Dislikes

Salary× Promotion /ratings× Hike doesn't even cover the inflation rates Some processes are good but mine was the worst Won't hire people even if we have loads of volumes for atleast 11 months a year. Indirectly pressure the employees to extend without any extra pay No night allowance Cafeteria is quite expensive for the allowance we are provided- 1300 per month Overcrowded workspaces No trips No outings

Assistant Vice President in Chennai

Full Time

Engineering - Software & QA Department

1.0

• posted on 04 Oct 2024

5.0

for Salary and Benefits

Likes

Organization is beautifully structured ,salary wise and other benefits are very good

Dislikes

Management is damn worst and they literally torcher without listening the issues from employees ,for new entry mid level seniors it's very very tough to survive...lots of politics and tech stack wise is very old we work

Senior Team Member in New Delhi

Full Time

Risk Management & Compliance Department

4.0

• posted on 20 Jul 2024

3.0

for Salary and Benefits

Likes

Work life balance Working Environment Management Perks and Benefits If you want to enjoy life with job then go for it . It’s like government job. Once you worked here you will not like working anywhere else.

Dislikes

Appraisal and Salary. If you’re going here have mindset that they initially they don’t pay that much but with time you will experience growth if your performance is good

Team Developer in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

4.0

• posted on 28 Sep 2023

3.0

for Salary and Benefits

Likes

I like the facilities they give to make a good environment and maintain employees trust for the bank, Nice peers who can guide you for different things also apart from work.

Dislikes

...s bonus per year. No festive gifts are provided. In short less budget they have. If someone leave the bank will be the Salary and bonus reason.

Team Developer in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 02 Oct 2023

3.0

for Salary and Benefits

Likes

One of the best companies to work with mainly for women its the best go for it without a second thought ,bofa made me to learn all the things it's the best one to hold one's future

Dislikes

Salary hikes are not that great but by default you will get minimum 6 percent hike

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What people are saying about Bank of America

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cleanhakuna

5d (edited)

student at

Institute of Management Nirma University, Ahmedabad

Career advise for early years

Hi folks!! Want one advise for my early years in corporate. I am 23 yrs old and I am working in BofA for couple of years now and this is my first job. I have deep interest and skills to excel in core finance role (investment management) but the role at BofA is completely unrelated to it. To prove my metal, I have cleared CFA level 1&2 in my first attempt with top percentile (+MBA) but kind of stuck for right opportunity. Can anyone advise how should I approach to making a shift to my desired work (asset mgt)?

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Bank of America Analyst II Salary FAQs

What is the salary of Analyst II at Bank of America?

Analyst II salary at Bank of America in India ranges between ₹8.0 Lakhs to ₹23.0 Lakhs for experience between 5 years to 11 years. According to our estimates it is 114% more than the average Analyst II Salary in India. Salary estimates are based on 49 latest salaries received from various employees of Bank of America India.

How does the salary of a Analyst II at Bank of America India compare with the average salary range for this job?

The average salary of a Analyst II at Bank of America is 114% more than the average salary of a Analyst II in India. To know exact salary insights, login to view.

What are the top skills required to work as a Analyst II at Bank of America?

Administration, Project Management, Risk Management, Auditing and Version Control are some of the popular skills required to work as a Analyst II at Bank of America India.

Which similar companies are paying more than Bank of America to a Analyst II in India?

HSBC Group Analyst II Salary - ₹21.0 Lakhs to ₹25.0 Lakhs per year
JPMorgan Chase & Co. Analyst II Salary - ₹10.0 Lakhs to ₹30.0 Lakhs per year
Citigroup Analyst II Salary - ₹13.0 Lakhs to ₹23.0 Lakhs per year
Goldman Sachs Analyst II Salary - ₹14.4 Lakhs to ₹25.0 Lakhs per year

What is the salary of a Analyst II in companies similar to Bank of America in India?

Wells Fargo Analyst II Salary - ₹4.5 Lakhs to ₹11.8 Lakhs per year
Barclays Analyst II Salary - ₹4.0 Lakhs to ₹11.0 Lakhs per year
ICICI Bank Analyst II Salary - ₹4.0 Lakhs to ₹14.0 Lakhs per year
Deutsche Bank Analyst II Salary - ₹5.4 Lakhs to ₹9.1 Lakhs per year
Morgan Stanley Analyst II Salary - ₹4.0 Lakhs to ₹8.0 Lakhs per year

What is the estimated take home salary of a Analyst II at Bank of America in India?

The estimated take-home salary of a Analyst II at Bank of America ranges between ₹1,03,020 per month to ₹1,05,839 per month in India. The take-home salary calculation is based on the average Bank of America Analyst II salary in India which ranges between ₹8.0 Lakhs to ₹23.0 Lakhs per year for employees with experience between 5 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Analyst II at Bank of America?

According to AmbitionBox, 69% of the Bank of America Analyst IIs reported a notice period of 2 Months, 19% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 26 responses on AmbitionBox in last 2 years.

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Bank of America Analyst II Salaries

Bank of America Analyst II salary in India ranges between ₹8 Lakhs to ₹23 Lakhs with an average annual salary of ₹. Salary estimates are based on 49 Bank of America latest salaries received from various employees of Bank of America.