Bank of America IT Risk Manager Salaries by 3 Employees (Updated 2025)

11 - 15 years exp.

₹16 Lakhs - ₹33.7 Lakhs

Low Confidence

Salary of majority employees

At par with the average IT Risk Manager Salary in Banking Companies for 11 - 15 years of experience

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Salaries in different departments

Engineering - Software & QA IT Risk Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹16 L/yr - ₹20 L/yr
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IT & Information Security IT Risk Manager Salary 15 years exp. (AmbitionBox Estimate)	₹30.3 L/yr - ₹37.1 L/yr

Last Updated: 26 Jan 2025

Companies similar to Bank of America for IT Risk Manager

Company name	Avg Annual Salary	Open Jobs
BNP Paribas India Solutions IT Risk Manager Salary 5 - 13 years exp. (4 salaries)	₹8.1 L/yr - ₹22 L/yr 41% less
Toll Group IT Risk Manager Salary 16 - 20 years exp. (4 salaries)	₹34 L/yr - ₹53 L/yr 86% more
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Societe Generale Global Solution Centre IT Risk Manager Salary 8 - 17 years exp. (3 salaries)	₹20 L/yr - ₹31 L/yr 13% more
Ernst & Young IT Risk Manager Salary 9 - 19 years exp. (3 salaries)	₹21.8 L/yr - ₹51 L/yr 44% more

IT Risk Manager salary at Bank of America ranges between ₹16 Lakhs to ₹33.7 Lakhs per year for employees with experience between 11 years to 15 years. Salary estimates are based on 3 latest salaries received from various employees of Bank of America.

Experience wise Bank of America IT Risk Manager salaries

Last Updated: 26 Jan 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
12 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
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15+ years (AmbitionBox Estimate)	₹30.3 L/yr - ₹38.8 L/yr

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Salary related reviews for Bank of America

Software Developer in Chennai

Full Time

Engineering - Software & QA Department

4.0

• posted on 15 Sep 2023

5.0

for Salary and Benefits

Likes

... be lot of forums to present your ideas and showcase your talents. Benifits - Food card top up beyond salary, EV purchase benifits, Day care reimbursement, Health insurance, 2 way company transport, Flexible working hours Gym access Welness benifits 100% fixed pay

Salary - Excellent

+1 more

Dislikes

Tech stack is a bit old. They upgrade quite slow comapred to market. End of the day, what you do at the innovation side is given more weightage when it cmes to ratings, promotions, etc.

Analyst in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 07 May 2023

3.0

for Salary and Benefits

Likes

The pay is on time, reimbursements are not a problem. Lot of free time and not much stress over deadlines.

Job security - Excellent

+1 more

Dislikes

No deadline stress means no motivation to at all complete work. No promotions, you could possibly retire without a promotion, I seem to be on that journey right now. Also, any harassment complaints fall on deaf ears, even if you are a female employee..the harasser will just be moved to a different department.

Skill development - Poor

+2 more

Senior Software Engineer in Mumbai

Full Time

Engineering - Software & QA Department

4.0

• posted on 05 Jul 2023

4.0

for Salary and Benefits

Likes

Employee Friendly, Flexible work hours, competitive salary, Good Office infrastructure

Salary - Good

+5 more

Dislikes

Long term career growth is difficult, too much competition to reach higher job roles, employee skills not utilized correctly.

Senior Software Engineer in Hyderabad / Secunderabad

Engineering - Software & QA Department

3.0

• posted on 29 Jan 2022

1.0

for Salary and Benefits

Likes

...de jobs( you will not have any focus or knowledge on open source technologies) Pay is not so great compared to other competitors.

Job security - Good

Dislikes

No open source technologies, you will post all your skills.. better to avoid this company. Do not choose GMSP - Fixed income projects.. all GMSP projects using quartz framework. No incentive,no bonus only fixed income. P

Salary - Bad

+4 more

Senior Software Engineer in Hyderabad / Secunderabad

Production, Manufacturing & Engineering Department

4.0

• posted on 21 Apr 2022

3.0

for Salary and Benefits

Likes

Work culture is very good and work life balance is impressive. Everyone in the office very cooperate and helping in nature. Managers and HR partners are very helpful. They will listen to your queries patiently and help you as soon as they can.

Job security - Excellent

+4 more

Dislikes

Salary hikes are average when compared to other product/bank related companies.

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Bank of America IT Risk Manager Salary FAQs

What is the notice period for IT Risk Manager at Bank of America?

According to AmbitionBox, 100% of the Bank of America IT Risk Managers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Bank of America IT Risk Manager Salaries

Bank of America IT Risk Manager salary in India ranges between ₹16 Lakhs to ₹33.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Bank of America latest salaries received from various employees of Bank of America.