Bank of America Mumbai Operations Manager Salaries by 8 Employees (Updated 2025)

10 - 18 years exp.

₹12.2 Lakhs - ₹21.5 Lakhs

Salary of majority employees

55% 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 - 12 years exp. (AmbitionBox Estimate)	₹12.2 L/yr - ₹18.2 L/yr

Last Updated: 17 Mar 2025

Companies similar to Bank of America for Operations Manager in Mumbai

Bank of America Operations Manager Salary

10 - 18 years exp. (8 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. (91 salaries)	₹3.1 L/yr - ₹12 L/yr 54% less
ICICI Bank Operations Manager Salary 0 - 12 years exp. (71 salaries)	₹2.7 L/yr - ₹11.4 L/yr 57% less
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IDFC FIRST Bank Operations Manager Salary 1 - 11 years exp. (49 salaries)	₹4.6 L/yr - ₹11.6 L/yr 55% less
IndusInd Bank Operations Manager Salary 4 - 14 years exp. (21 salaries)	₹4 L/yr - ₹10 L/yr 63% less
Yes Bank Operations Manager Salary 7 - 16 years exp. (17 salaries)	₹6.5 L/yr - ₹12.5 L/yr 46% less
RBL Bank Operations Manager Salary 7 - 13 years exp. (9 salaries)	₹4.2 L/yr - ₹9.5 L/yr 59% less
DCB Bank Operations Manager Salary 4 - 10 years exp. (6 salaries)	₹2 L/yr - ₹6.5 L/yr 71% less
HSBC Global Banking and Markets Operations Manager Salary 6 - 17 years exp. (6 salaries)	₹8.5 L/yr - ₹16.5 L/yr 8% less
Ujjivan Small Finance Bank Operations Manager Salary 5 - 9 years exp. (5 salaries)	₹4.4 L/yr - ₹7.6 L/yr 70% less
Utkarsh Small Finance Bank Operations Manager Salary 11 - 12 years exp. (5 salaries)	₹4.9 L/yr - ₹8.2 L/yr 64% less
HSBC Bank Operations Manager Salary 7 - 14 years exp. (4 salaries)	₹7 L/yr - ₹13.4 L/yr 29% less
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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 8 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Operations Manager salaries in Mumbai

Last Updated: 17 Mar 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹16.9 L/yr
11 years (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.6 L/yr
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12 years (AmbitionBox Estimate)	₹14.3 L/yr - ₹18.2 L/yr
13 years (AmbitionBox Estimate)	₹14.8 L/yr - ₹18.9 L/yr
14 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr
15+ years (3 salaries)	₹15 L/yr - ₹21.5 L/yr

View all

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.

21% hike

From

View 1 more level

Operations Manager

10 - 18 years exp.

Assistant Vice President Operations

10 - 20 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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 Mumbai

Full Time

Project & Program Management Department

2.0

• posted on 16 Mar 2025

2.0

for Salary and Benefits

Likes

Work life balance Continue to work here if you are not looking for any growth and are happy with little increments every year. Outdated process etc

Job security - Good

Dislikes

Toxic work culture Bad managers No recognition No promotion Not good increments No bonus List goes on...

Salary - Poor

+4 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

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

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 Operations Manager Salary FAQs

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

The average salary of a Operations Manager at Bank of America in Mumbai typically ranges from ₹12.2 Lakhs to ₹21.5 Lakhs per year, depending on experience (from 10 years to 18 years).

The top 10% of Operations Manager in Mumbai at Bank of America earn more than ₹21.3 Lakhs per year, and the top 1% earn over ₹21.5 Lakhs per year. Operations Manager 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 8 Bank of America employees in India.

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 in Mumbai typically ranges from ₹1,15,200 to ₹1,18,413 per month. This is based on the average salary range of ₹12.2 Lakhs to ₹21.5 Lakhs per year for employees with experience ranging from 10 years to 18 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 8 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 Operations Manager at Bank of America in Mumbai?

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

- Risk Management
- Operational Excellence
- Variance Analysis
- Software Configuration Management
- Analytical Chemistry

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 Operations Manager in companies similar to Bank of America in Mumbai?

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

HSBC Global Banking and Markets	₹8.5 Lakhs to ₹16.5 Lakhs per year
HSBC Bank	₹7.0 Lakhs to ₹13.4 Lakhs per year
Yes Bank	₹6.5 Lakhs to ₹12.5 Lakhs per year
HDFC Bank	₹3.1 Lakhs to ₹12.0 Lakhs per year
IDFC FIRST Bank	₹4.6 Lakhs to ₹11.6 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 Operations Manager at Bank of America in Mumbai?

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

Experience	Average Salary Range
10 years	₹13.2 Lakhs to ₹16.9 Lakhs per year
11 years	₹13.7 Lakhs to ₹17.6 Lakhs per year
12 years	₹14.3 Lakhs to ₹18.2 Lakhs per year
13 years	₹14.8 Lakhs to ₹18.9 Lakhs per year

and so on.

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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 8 Bank of America latest salaries received from various employees of Bank of America.