Bank of America Mumbai Manager Technology Salaries by 4 Employees

14 - 16 years exp.

₹28 Lakhs - ₹34 Lakhs

Salary of majority employees

50% more than the average Manager Technology Salary in Banking Companies for 14 - 16 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Bank of America for Manager Technology in Mumbai

Bank of America Manager Technology Salary

14 - 16 years exp. (4 salaries)

₹28 L/yr - ₹34 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Manager Technology Salary 1 - 10 years exp. (11 salaries)	₹8 L/yr - ₹21.5 L/yr 56% less
HDFC Bank Manager Technology Salary 4 - 12 years exp. (6 salaries)	₹5.7 L/yr - ₹11 L/yr 72% less
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Standard Chartered Manager Technology Salary 6 - 11 years exp. (6 salaries)	₹15 L/yr - ₹26.5 L/yr 36% less
ICICI Lombard General Insurance Company Manager Technology Salary 1 - 10 years exp. (26 salaries)	₹4 L/yr - ₹14.8 L/yr 74% less
Morgan Stanley Manager Technology Salary 2 - 5 years exp. (20 salaries)	₹13 L/yr - ₹26 L/yr 36% less

Manager Technology salary at Bank of America ranges between ₹28 Lakhs to ₹34 Lakhs per year for employees with experience between 14 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Manager Technology salaries in Mumbai

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹26 L/yr - ₹33.2 L/yr
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15+ years (3 salaries)	₹28 L/yr - ₹62.8 L/yr

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Top skills at Bank of America for Manager Technology

Risk Management Troubleshooting Risk Management Operational Excellence Python Agile Business Services Trade Finance Finacle Computer science Scrum Data Analysis Agile Methodology Python Product Management

Salary related reviews for Bank of America

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

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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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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 Manager Technology Salary FAQs

What is the salary of Manager Technology at Bank of America in Mumbai?

The average salary of a Manager Technology at Bank of America in Mumbai typically ranges from ₹28.0 Lakhs to ₹34.0 Lakhs per year, depending on experience (from 14 years to 16 years).

The top 10% of Manager Technology in Mumbai at Bank of America earn more than ₹34.0 Lakhs per year, and the top 1% earn over ₹34.0 Lakhs per year. Manager Technology 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 Manager Technology at Bank of America in Mumbai?

The estimated take-home salary of a Manager Technology at Bank of America in Mumbai typically ranges from ₹2,05,818 to ₹2,13,987 per month. This is based on the average salary range of ₹28.0 Lakhs to ₹34.0 Lakhs per year for employees with experience ranging from 14 years to 16 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.

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

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

- Risk Management
- Troubleshooting
- Risk Management
- Operational Excellence
- Python

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

What is the salary of a Manager Technology in companies similar to Bank of America in Mumbai?

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

Standard Chartered	₹15.0 Lakhs to ₹26.5 Lakhs per year
Morgan Stanley	₹13.0 Lakhs to ₹26.0 Lakhs per year
ICICI Bank	₹8.0 Lakhs to ₹21.5 Lakhs per year
HDFC Bank	₹5.7 Lakhs to ₹11.0 Lakhs per year
ICICI Lombard General Insurance Company	₹4.0 Lakhs to ₹14.8 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 Manager Technology at Bank of America in Mumbai?

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

Experience	Average Salary Range
14 years	₹26.0 Lakhs to ₹33.2 Lakhs per year
15 years	₹28.0 Lakhs to ₹62.8 Lakhs per year

and so on.

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Bank of America Manager Technology Salaries in Mumbai

Bank of America Manager Technology salary in Mumbai ranges between ₹28 Lakhs to ₹34 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.