Bank of America Mumbai Operations Manager Salaries by 7 Employees (Updated 2025)

10 - 18 years exp.

₹12.2 Lakhs - ₹21.5 Lakhs

Salary of majority employees

60% more than the average Operations Manager Salary in Banking Companies for 10 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Operations Manager Salary 10 - 18 years exp. (4 salaries)	₹13.5 L/yr - ₹21.5 L/yr
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Customer Success, Service & Operations Operations Manager Salary 11 years exp. (AmbitionBox Estimate)	₹12.2 L/yr - ₹18.3 L/yr

Last Updated: 24 Mar 2024

Companies similar to Bank of America for Operations Manager in Mumbai

Bank of America Operations Manager Salary

10 - 18 years exp. (7 salaries)

₹12.2 L/yr - ₹21.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Operations Manager Salary 0 - 17 years exp. (90 salaries)	₹3.1 L/yr - ₹12 L/yr 55% less
ICICI Bank Operations Manager Salary 0 - 13 years exp. (73 salaries)	₹2.7 L/yr - ₹11.4 L/yr 60% less
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Axis Bank Operations Manager Salary 3 - 14 years exp. (38 salaries)	₹3.5 L/yr - ₹12 L/yr 56% less
Kotak Mahindra Bank Operations Manager Salary 4 - 13 years exp. (40 salaries)	₹3 L/yr - ₹12 L/yr 61% less
Yes Bank Operations Manager Salary 7 - 16 years exp. (15 salaries)	₹6.5 L/yr - ₹12.5 L/yr 54% less
IDFC FIRST Bank Operations Manager Salary 1 - 11 years exp. (40 salaries)	₹4.6 L/yr - ₹10.2 L/yr 58% less
IndusInd Bank Operations Manager Salary 4 - 14 years exp. (22 salaries)	₹4 L/yr - ₹10 L/yr 64% less
RBL Bank Operations Manager Salary 7 - 13 years exp. (9 salaries)	₹4.2 L/yr - ₹9.5 L/yr 59% less
JPMorgan Chase & Co. Operations Manager Salary 8 - 17 years exp. (47 salaries)	₹8.8 L/yr - ₹19 L/yr 18% less	1 job opening
DCB Bank Operations Manager Salary 4 - 11 years exp. (6 salaries)	₹2 L/yr - ₹6.5 L/yr 70% less
Ujjivan Small Finance Bank Operations Manager Salary 5 - 9 years exp. (5 salaries)	₹4.4 L/yr - ₹7.6 L/yr 71% less	1 job opening
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Utkarsh Small Finance Bank Operations Manager Salary 11 - 12 years exp. (5 salaries)	₹5.5 L/yr - ₹8.2 L/yr 62% less
UBS Operations Manager Salary 7 - 12 years exp. (4 salaries)	₹10.5 L/yr - ₹15.5 L/yr 25% less
AU Small Finance Bank Operations Manager Salary 7 - 10 years exp. (3 salaries)	₹3.6 L/yr - ₹8.7 L/yr 70% less

Operations Manager salary at Bank of America ranges between ₹12.2 Lakhs to ₹21.5 Lakhs per year for employees with experience between 10 years to 18 years. Salary estimates are based on 7 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Operations Manager salaries in Mumbai

Last Updated: 24 Mar 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹28.5 L/yr
11 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹29.3 L/yr
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12 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹21 L/yr
13 years (AmbitionBox Estimate)	₹15.4 L/yr - ₹19.7 L/yr
14 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.2 L/yr
15+ years (3 salaries)	₹15 L/yr - ₹21.5 L/yr

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From

Operations Manager

₹

Lakhs/yr

10 - 18 years exp.

Vice President

₹

Lakhs/yr

14 - 25 years exp.

Operations Manager 10 - 18 years exp.

Senior Manager 8 - 19 years exp.

84% hike

Assistant Vice President 10 - 21 years exp.

18% hike

From

1 more level

Operations Manager

10 - 18 years exp.

Assistant Vice President Operations

10 - 20 years exp.

Similar Designation salaries in Bank of America

Program Manager Salary

(4 salaries)

₹30.75 L/yr - ₹40 L/yr

Team Manager Salary

(3 salaries)

₹14.55 L/yr - ₹24 L/yr

Top skills at Bank of America for Operations Manager

Risk Management Operational Excellence Variance Analysis Software Configuration Management Analytical Chemistry Operations Management Data Analytics Fixed Income US GAAP IT Business Analysis CCTV Monitoring Risk Management Front Office Agile Coaching Reconciliation

Salary related reviews for Bank of America

3.0

Rated by 1 employees for salary & benefits

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

Assistant Vice President in Chennai

Full Time

Data Science & Analytics Department

4.0

• posted on 18 Aug 2023

4.0

for Salary and Benefits

Likes

Good Salary, work life balance.

Salary - Good

+4 more

Dislikes

Local management . Other than delivery there are many things to contribute. Local managers dont care about business and delivery. parallel leadership in india is killing the company. too many meetings without any use. Cab facilities are worst. No proper parking facilities. Heavy rush in small cafetarias.local management talk more about innovation but dont care about basic neccessities.All are puppets of senior managers(dont prefer to call them leaders)

Team Lead in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

4.0

• posted on 28 Jan 2022

4.0

for Salary and Benefits

Likes

Being an employee you'll get everything you'd ask for. A good work life balance, handsome package (though it depends on your last salary), nice work location with hefty of employee benefits including personal and family insurance. Overall this organisation takes care of its employees in a decent manner. P.S - There are few flaws but can be dealt easily.

Salary - Good

+6 more

Dislikes

The management plays a very vital role in terms of employees growth. Few are over burdened at the other hand few are on relaxing mode. The task allocation should be equal and associate should push to learn new things so that everyone can be involved equally. Secondly, associates who contributes in major tasks, should be recognized with better hike compared to others who are still in comfort zone.

Assistant Vice President in Singapore.

Customer Success, Service & Operations Department

5.0

• posted on 13 Oct 2022

5.0

for Salary and Benefits

Likes

-Nice Bank Culture -Great work life balance -Wide learning (self effort) -Market wise good salary and benefits are probably best in the industry.

Salary - Excellent

+4 more

Dislikes

-Sometime management trust unworthy mid/low level managers

Skill development - Poor

Team Lead in Gurgaon / Gurugram

BFSI, Investments & Trading Department

5.0

• posted on 20 Feb 2022

4.0

for Salary and Benefits

Likes

Work life balance is super duper great, job security is like govt.job,management is very supportive and company policies are employee friendly.

Salary - Good

+6 more

Dislikes

Yearly bonus is very less as compared to other companies of same industry. No gifts on diwali, no monetary reward

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Bank of America Operations Manager Salary FAQs

What is the salary of Operations Manager at Bank of America Mumbai?

Operations Manager salary at Bank of America in Mumbai ranges between ₹12.2 Lakhs to ₹21.5 Lakhs for experience between 10 years to 18 years. According to our estimates it is 60% more than the average Operations Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Bank of America Mumbai.

How does the salary of a Operations Manager at Bank of America Mumbai compare with the average salary range for this job?

The average salary of a Operations Manager at Bank of America is 60% more than the average salary of a Operations Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Operations Manager at Bank of America?

Risk Management, Operational Excellence, Variance Analysis, Software Configuration Management and Analytical Chemistry are some of the popular skills required to work as a Operations Manager at Bank of America Mumbai.

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

JPMorgan Chase & Co. Operations Manager Salary - ₹8.8 Lakhs to ₹19.0 Lakhs per year
UBS Operations Manager Salary - ₹10.5 Lakhs to ₹15.5 Lakhs per year
Yes Bank Operations Manager Salary - ₹6.5 Lakhs to ₹12.5 Lakhs per year
HDFC Bank Operations Manager Salary - ₹3.1 Lakhs to ₹12.0 Lakhs per year
Axis Bank Operations Manager Salary - ₹3.5 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Operations Manager at Bank of America in Mumbai?

The estimated take-home salary of a Operations Manager at Bank of America ranges between ₹1,18,307 per month to ₹1,21,619 per month in Mumbai. The take-home salary calculation is based on the average Bank of America Operations Manager salary in India which ranges between ₹12.2 Lakhs to ₹21.5 Lakhs per year for employees with experience between 10 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Operations Manager at Bank of America in Mumbai?

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

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Bank of America Operations Manager Salaries in Mumbai

Bank of America Operations Manager salary in Mumbai ranges between ₹12.2 Lakhs to ₹21.5 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.