Bank of America Lead Business Analyst Salaries by 7 Employees

7 - 17 years exp.

₹17 Lakhs - ₹30 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

29% more than the average Lead Business Analyst Salary in Banking Companies for 7 - 17 years of experience

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Last Updated: 13 Jul 2023

Companies similar to Bank of America for Lead Business Analyst

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Lead Business Analyst Salary 3 - 11 years exp. (97 salaries)	₹7.3 L/yr - ₹28.5 L/yr 36% less
NatWest Group Lead Business Analyst Salary 6 - 18 years exp. (52 salaries)	₹16.4 L/yr - ₹36.7 L/yr 8% more
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Barclays Lead Business Analyst Salary 8 - 17 years exp. (26 salaries)	₹14.2 L/yr - ₹42 L/yr 4% more
Deutsche Bank Lead Business Analyst Salary 7 - 19 years exp. (20 salaries)	₹17.5 L/yr - ₹40 L/yr 12% more
HSBC Global Banking and Markets Lead Business Analyst Salary 9 - 19 years exp. (11 salaries)	₹21 L/yr - ₹43 L/yr 23% more
NatWest Markets Lead Business Analyst Salary 10 - 16 years exp. (11 salaries)	₹19 L/yr - ₹32.5 L/yr 8% less
ICICI Bank Lead Business Analyst Salary 4 - 13 years exp. (9 salaries)	₹9.5 L/yr - ₹22 L/yr 50% less
HDFC Bank Lead Business Analyst Salary 6 - 10 years exp. (7 salaries)	₹7.5 L/yr - ₹28 L/yr 42% less
HSBC Electronic Data Processing Lead Business Analyst Salary 9 - 17 years exp. (4 salaries)	₹10.5 L/yr - ₹32 L/yr 32% less
ANZ Banking Group Lead Business Analyst Salary 12 - 19 years exp. (4 salaries)	₹20 L/yr - ₹29.1 L/yr 6% less
Ujjivan Small Finance Bank Lead Business Analyst Salary 5 - 16 years exp. (4 salaries)	₹9.8 L/yr - ₹27 L/yr 31% less
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HSBC Bank Lead Business Analyst Salary 12 - 16 years exp. (4 salaries)	₹27 L/yr - ₹45 L/yr 24% more

Lead Business Analyst salary at Bank of America ranges between ₹17 Lakhs to ₹30 Lakhs per year for employees with experience between 7 years to 17 years. Salary estimates are based on 7 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Lead Business Analyst salaries

Last Updated: 13 Jul 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹20.5 L/yr - ₹43.8 L/yr
8 years (AmbitionBox Estimate)	₹20.5 L/yr - ₹44.7 L/yr
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9 years (AmbitionBox Estimate)	₹22.8 L/yr - ₹29.2 L/yr
10 years (AmbitionBox Estimate)	₹17 L/yr - ₹46.5 L/yr
11 years (AmbitionBox Estimate)	₹23.7 L/yr - ₹30.3 L/yr
12 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹27 L/yr
13 years (AmbitionBox Estimate)	₹24.6 L/yr - ₹31.4 L/yr
14 years (AmbitionBox Estimate)	₹25.1 L/yr - ₹32 L/yr
15+ years (3 salaries)	₹27.1 L/yr - ₹30 L/yr

View all

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Salary related reviews for Bank of America

4.0

Rated by 1 employees for salary & benefits

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.

Software Engineer II in Chennai

Engineering - Software & QA Department

4.0

• posted on 27 Jun 2022

3.0

for Salary and Benefits

Likes

You will get good benefits apart from your salary like Cab, Sodexho Card, Gym. There is no variable pay in BA.

Job security - Good

Dislikes

HR people are dummy in BA, If you will have good relationship with your manager or VP then you will get good appraisal or promotion. They are having escalation process but if you escalate something about your manager then it will first reach to your manager and they will corner you. There is no onsite opportunity in BA

Promotions - Bad

+1 more

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 Systems Engineer in Hyderabad / Secunderabad

Engineering - Software & QA Department

3.0

• posted on 09 May 2022

1.0

for Salary and Benefits

Likes

...uld benefit low level employees all are tend to meant for management benefits. Company policies and pay never compete/normalise with outside market

Job security - Good

Dislikes

Everything except job security. Since we work for very low wage

Salary - Bad

+2 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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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bank of America Lead Business Analyst Salary FAQs

What is the salary of Lead Business Analyst at Bank of America ?

The average salary of a Lead Business Analyst at Bank of America in India typically ranges from ₹17.0 Lakhs to ₹30.0 Lakhs per year, depending on experience (from 7 years to 17 years).

The top 10% of Lead Business Analyst at Bank of America earn more than ₹29.8 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Lead Business Analyst 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 7 Bank of America employees in India.

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

The estimated take-home salary of a Lead Business Analyst at Bank of America in India typically ranges from ₹1,68,272 to ₹1,74,744 per month. This is based on the average salary range of ₹17.0 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from 7 years to 17 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 7 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 Lead Business Analyst in India?

HSBC Bank	₹27.0 Lakhs to ₹45.0 Lakhs per year
HSBC Global Banking and Markets	₹21.0 Lakhs to ₹43.0 Lakhs per year
Deutsche Bank	₹17.5 Lakhs to ₹40.0 Lakhs per year
NatWest Group	₹16.4 Lakhs to ₹36.7 Lakhs per year
Barclays	₹14.2 Lakhs to ₹42.0 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 Lead Business Analyst in companies similar to Bank of America in India?

The salary of a Lead Business Analyst 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	₹20.0 Lakhs to ₹29.1 Lakhs per year
NatWest Markets	₹19.0 Lakhs to ₹32.5 Lakhs per year
Ujjivan Small Finance Bank	₹9.8 Lakhs to ₹27.0 Lakhs per year
HSBC Electronic Data Processing	₹10.5 Lakhs to ₹32.0 Lakhs per year
Standard Chartered	₹7.3 Lakhs to ₹28.5 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 Lead Business Analyst at Bank of America in India?

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

Experience	Average Salary Range
7 years	₹20.5 Lakhs to ₹43.8 Lakhs per year
8 years	₹20.5 Lakhs to ₹44.7 Lakhs per year
9 years	₹22.8 Lakhs to ₹29.2 Lakhs per year
10 years	₹17.0 Lakhs to ₹46.5 Lakhs per year

and so on.

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Bank of America Lead Business Analyst Salaries

Bank of America Lead Business Analyst salary in India ranges between ₹17 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Bank of America latest salaries received from various employees of Bank of America.