Bank of America Mumbai Analyst II Salaries by 9 Employees

5 - 12 years exp.

₹8.3 Lakhs - ₹26 Lakhs

Salary of majority employees

99% more than the average Analyst II Salary in Banking Companies for 5 - 12 years of experience

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Salaries in different departments

IT & Information Security Analyst II Salary 7 years exp. (3 salaries)	₹8.3 L/yr - ₹16.6 L/yr
Engineering - Hardware & Networks Analyst II Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹13.3 L/yr - ₹17.4 L/yr
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Risk Management & Compliance Analyst II Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹14.4 L/yr - ₹17 L/yr
Data Science & Analytics Analyst II Salary 11 years exp. (AmbitionBox Estimate)	₹16.7 L/yr - ₹26 L/yr
Engineering - Software & QA Analyst II Salary 12 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹19.2 L/yr

Last Updated: 18 Oct 2024

Companies similar to Bank of America for Analyst II in Mumbai

Bank of America Analyst II Salary

5 - 12 years exp. (9 salaries)

₹8.3 L/yr - ₹26 L/yr

Company name	Avg Annual Salary	Open Jobs
Morgan Stanley Analyst II Salary 0 - 5 years exp. (26 salaries)	₹4.5 L/yr - ₹7.2 L/yr 59% less
JPMorgan Chase & Co. Analyst II Salary 0 - 5 years exp. (20 salaries)	₹12.8 L/yr - ₹30 L/yr 45% more
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Analytical Solutions Analyst II Salary 2 - 9 years exp. (15 salaries)	₹3.5 L/yr - ₹5.6 L/yr 72% less
Citicorp Analyst II Salary 1 - 7 years exp. (14 salaries)	₹12.5 L/yr - ₹21 L/yr 3% more
Ernst & Young Analyst II Salary 1 - 4 years exp. (12 salaries)	₹4.8 L/yr - ₹6 L/yr 66% less

Analyst II salary at Bank of America ranges between ₹8.3 Lakhs to ₹26 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 9 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Analyst II salaries in Mumbai

Last Updated: 18 Oct 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹17 L/yr
6 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹17 L/yr
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7 years (4 salaries)	₹8.3 L/yr - ₹26.4 L/yr
8 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹17.7 L/yr
9 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹18.5 L/yr
10 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹19.4 L/yr
11 years (AmbitionBox Estimate)	₹7 L/yr - ₹26 L/yr
12 years (AmbitionBox Estimate)	₹15 L/yr - ₹32.9 L/yr

View all

From

Analyst II

₹

Lakhs/yr

5 - 12 years exp.

Vice President

₹

Lakhs/yr

14 - 25 years exp.

Analyst II

5 - 12 years exp.

Senior Analyst

4 - 15 years exp.

38% hike

Analyst Lead

8 - 15 years exp.

-12% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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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

3.0

Rated by 1 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

Job security - Good

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

Salary - Bad

+3 more

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

Salary - Excellent

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

Skill development - Bad

+4 more

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.

Job security - Excellent

+3 more

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.

Job security - Excellent

+3 more

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

Skill development - Good

+3 more

Dislikes

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

Promotions - Poor

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Bank of America Analyst II Salary FAQs

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

The average salary of a Analyst II at Bank of America in Mumbai typically ranges from ₹8.3 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Analyst II in Mumbai at Bank of America earn more than ₹22.4 Lakhs per year, and the top 1% earn over ₹26.0 Lakhs per year. Analyst II Salaries at Bank of America can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 9 Bank of America employees in India.

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

The estimated take-home salary of a Analyst II at Bank of America in Mumbai typically ranges from ₹1,07,984 to ₹1,10,964 per month. This is based on the average salary range of ₹8.3 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 5 years to 12 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 9 salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Analyst II at Bank of America in Mumbai?

To be a Analyst II at Bank of America in Mumbai, the key skills required include:

- Administration
- Project Management
- Risk Management
- Auditing
- Version Control

These skills are highly valued at Bank of America and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Bank of America for Analyst II in India?

JPMorgan Chase & Co.	₹12.8 Lakhs to ₹30.0 Lakhs per year
Citicorp	₹12.5 Lakhs to ₹21.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bank of America, depending on the role and experience level.

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

The salary of a Analyst II at companies similar to Bank of America in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Morgan Stanley	₹4.5 Lakhs to ₹7.2 Lakhs per year
Ernst & Young	₹4.8 Lakhs to ₹6.0 Lakhs per year
Analytical Solutions	₹3.5 Lakhs to ₹5.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Analyst II at Bank of America in Mumbai?

The salary growth for a Analyst II at Bank of America in Mumbai depends on factors such as experience, performance, and promotions. On average, a Analyst II in Mumbai can expect the following growth trajectory at Bank of America:

Experience	Average Salary Range
5 years	₹5.3 Lakhs to ₹17.0 Lakhs per year
6 years	₹5.6 Lakhs to ₹17.0 Lakhs per year
7 years	₹8.3 Lakhs to ₹26.4 Lakhs per year
8 years	₹13.9 Lakhs to ₹17.7 Lakhs per year

and so on.

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Bank of America Analyst II Salaries in Mumbai

Bank of America Analyst II salary in Mumbai ranges between ₹8.3 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Bank of America latest salaries received from various employees of Bank of America.