Bank of America Compliance Officer Salaries by 4 Employees

7 - 14 years exp.

₹5.7 Lakhs - ₹19.6 Lakhs

Low Confidence

Salary of majority employees

14% more than the average Compliance Officer Salary in Banking Companies for 7 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Compliance Officer Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹5.7 L/yr - ₹6.4 L/yr
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Finance & Accounting Compliance Officer Salary 8 - 14 years exp. (AmbitionBox Estimate)	₹5.7 L/yr - ₹19.6 L/yr

Last Updated: 2 Mar 2024

Companies similar to Bank of America for Compliance Officer

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Compliance Officer Salary 1 - 8 years exp. (19 salaries)	₹2.5 L/yr - ₹8 L/yr 46% less
HDFC Bank Compliance Officer Salary 1 - 15 years exp. (16 salaries)	₹9.9 L/yr - ₹20 L/yr 20% more	1 job opening
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ANZ Banking Group Compliance Officer Salary 5 - 8 years exp. (7 salaries)	₹5 L/yr - ₹7.7 L/yr 34% less
IDBI Bank Compliance Officer Salary 0 - 22 years exp. (6 salaries)	₹10.5 L/yr - ₹25 L/yr 86% more
RBL Bank Compliance Officer Salary 0 - 3 years exp. (6 salaries)	₹2.9 L/yr - ₹3.4 L/yr 67% less
Yes Bank Compliance Officer Salary 2 - 6 years exp. (5 salaries)	₹1.7 L/yr - ₹3.7 L/yr 72% less
Deutsche Bank Compliance Officer Salary 2 - 19 years exp. (5 salaries)	₹1.1 L/yr - ₹30.1 L/yr 66% more	2 job openings
Standard Chartered Compliance Officer Salary 1 - 10 years exp. (4 salaries)	₹2.1 L/yr - ₹6.5 L/yr 57% less
HSBC Electronic Data Processing Compliance Officer Salary 4 - 6 years exp. (4 salaries)	₹3 L/yr - ₹7.5 L/yr 47% less
HSBC Bank Compliance Officer Salary 3 - 7 years exp. (4 salaries)	₹4.2 L/yr - ₹5.1 L/yr 53% less
IndusInd Bank Compliance Officer Salary 14 - 16 years exp. (3 salaries)	₹10.9 L/yr - ₹26.6 L/yr 101% more
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Equitas Small Finance Bank Compliance Officer Salary 0 - 3 years exp. (3 salaries)	₹1.3 L/yr - ₹2.5 L/yr 78% less
DCB Bank Compliance Officer Salary 0 - 8 years exp. (3 salaries)	₹3.5 L/yr - ₹7.5 L/yr 48% less
NatWest Group Compliance Officer Salary 4 - 8 years exp. (3 salaries)	₹3 L/yr - ₹6 L/yr 46% less

Compliance Officer salary at Bank of America ranges between ₹5.7 Lakhs to ₹19.6 Lakhs per year for employees with experience between 7 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Compliance Officer salaries

Last Updated: 2 Mar 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
8 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹7 L/yr
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14 years (AmbitionBox Estimate)	₹17.6 L/yr - ₹22.5 L/yr

Similar Designation salaries in Bank of America

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Company Secretary Salary

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₹26.2 L/yr - ₹33.5 L/yr

Deputy Manager Salary

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Management Trainee Salary

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₹9.15 L/yr - ₹25 L/yr

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₹1.8 L/yr - ₹9.5 L/yr

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₹3 L/yr - ₹5 L/yr

Deputy General Manager Salary

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₹5.4 L/yr - ₹6.9 L/yr

Assistant General Manager Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Executive Company Secretary Salary

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₹7.6 L/yr - ₹9.7 L/yr

Assistant Company Secretary Salary

(AmbitionBox Estimate)

₹7 L/yr - ₹9 L/yr

Salary related reviews for Bank of America

3.0

Rated by 1 employees for salary & benefits

Senior Associate in Gurgaon / Gurugram

BFSI, Investments & Trading Department

4.0

• posted on 12 Oct 2017

3.0

for Salary and Benefits

Likes

Mentioned abpve

Skill development - Good

+3 more

Dislikes

1. Teammates - Colleagues are good. 2. Learning - Company is very good for self development as it provides various trainings on monthly basis. You can enroll yourself with consent of your leaders. 3. Job Security - Highly satisfied but at the same time no personal growth if you get stuck in comfort zone. Salary - Compensation is very less especially for freshers, Also, yearly increment is very less. I would suggest not to join if salary is primary factor other than work life balance and brand name. Politics - You will get it in every company/place. Some processes are highly corrupted. However, some are genuinely good to showcase your skills and get appreciated on your initiatives and skills. Work Environment - Very matured, Work Life Balance - is too good. Very good for females who want to spend years in this company without expecting much. Very flexible

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

Lead Operations Representative in Chennai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 19 May 2024

3.0

for Salary and Benefits

Likes

The bank conducts so may learning sessions to enrich our knowledge. Some interesting events once a month.

Skill development - Excellent

+2 more

Dislikes

...ter 6 years. No work life balance. No compensatory off for working on a holiday. No compensation for working beyond office hours.

Promotions - Poor

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Bank of America Compliance Officer Salary FAQs

What is the salary of Compliance Officer at Bank of America ?

The average salary of a Compliance Officer at Bank of America in India typically ranges from ₹5.7 Lakhs to ₹19.6 Lakhs per year, depending on experience (from 7 years to 14 years).

The top 10% of Compliance Officer at Bank of America earn more than ₹19.6 Lakhs per year, and the top 1% earn over ₹19.6 Lakhs per year. Compliance Officer 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 4 Bank of America employees in India.

What is the estimated take home salary of a Compliance Officer at Bank of America in India?

The estimated take-home salary of a Compliance Officer at Bank of America in India typically ranges from ₹67,819 to ₹69,557 per month. This is based on the average salary range of ₹5.7 Lakhs to ₹19.6 Lakhs per year for employees with experience ranging from 7 years to 14 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 4 salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bank of America for Compliance Officer in India?

IndusInd Bank	₹10.9 Lakhs to ₹26.6 Lakhs per year
IDBI Bank	₹10.5 Lakhs to ₹25.0 Lakhs per year
Deutsche Bank	₹1.1 Lakhs to ₹30.1 Lakhs per year
HDFC Bank	₹9.9 Lakhs to ₹20.0 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 Compliance Officer in companies similar to Bank of America in India?

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

ANZ Banking Group	₹5.0 Lakhs to ₹7.7 Lakhs per year
ICICI Bank	₹2.5 Lakhs to ₹8.0 Lakhs per year
NatWest Group	₹3.0 Lakhs to ₹6.0 Lakhs per year
HSBC Electronic Data Processing	₹3.0 Lakhs to ₹7.5 Lakhs per year
DCB Bank	₹3.5 Lakhs to ₹7.5 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 Compliance Officer at Bank of America in India?

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

Experience	Average Salary Range
7 years	₹5.1 Lakhs to ₹6.5 Lakhs per year
8 years	₹5.4 Lakhs to ₹7.0 Lakhs per year
14 years	₹17.6 Lakhs to ₹22.5 Lakhs per year

and so on.

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Bank of America Compliance Officer Salaries

Bank of America Compliance Officer salary in India ranges between ₹5.7 Lakhs to ₹19.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bank of America latest salaries received from various employees of Bank of America.