Bank of America Senior Manager Salaries by 500+ Employees (Updated 2025)

7 - 18 years exp.

₹17 Lakhs - ₹50.7 Lakhs

Salary of majority employees

56% more than the average Senior Manager Salary in Banking Companies for 7 - 18 years of experience

Interested in this particular role? 5 job openings

Salaries in different departments

Finance & Accounting Senior Manager Salary 7 - 18 years exp. (151 salaries)	₹19 L/yr - ₹50.7 L/yr
Data Science & Analytics Senior Manager Salary 7 - 18 years exp. (74 salaries)	₹18.1 L/yr - ₹46.1 L/yr
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Customer Success, Service & Operations Senior Manager Salary 12 - 18 years exp. (62 salaries)	₹17 L/yr - ₹40 L/yr
BFSI, Investments & Trading Senior Manager Salary 8 - 17 years exp. (60 salaries)	₹18.4 L/yr - ₹45 L/yr
Project & Program Management Senior Manager Salary 10 - 18 years exp. (48 salaries)	₹19.4 L/yr - ₹40 L/yr

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Last Updated: 20 Mar 2025

Companies similar to Bank of America for Senior Manager

Company name	Avg Annual Salary	Open Jobs
HSBC Group Senior Manager Salary 8 - 16 years exp. (47 salaries)	₹11.2 L/yr - ₹47.8 L/yr 21% less
Standard Chartered Senior Manager Salary 6 - 22 years exp. (1.8k salaries)	₹13.3 L/yr - ₹46.1 L/yr 17% less
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Barclays Senior Manager Salary 6 - 20 years exp. (10 salaries)	₹14 L/yr - ₹33.5 L/yr 41% less
ICICI Bank Senior Manager Salary 1 - 20 years exp. (1.8k salaries)	₹8.5 L/yr - ₹28 L/yr 50% less
HDFC Bank Senior Manager Salary 3 - 21 years exp. (6.3k salaries)	₹8 L/yr - ₹25 L/yr 55% less
Axis Bank Senior Manager Salary 2 - 21 years exp. (5.2k salaries)	₹8 L/yr - ₹24.1 L/yr 52% less	2 job openings
Kotak Mahindra Bank Senior Manager Salary 2 - 19 years exp. (3.5k salaries)	₹6.5 L/yr - ₹19 L/yr 63% less
State Bank of India Senior Manager Salary 5 - 15 years exp. (70 salaries)	₹8.9 L/yr - ₹35 L/yr 39% less
Yes Bank Senior Manager Salary 2 - 18 years exp. (2.3k salaries)	₹5.9 L/yr - ₹21.5 L/yr 63% less
Morgan Stanley Senior Manager Salary 5 - 15 years exp. (2.5k salaries)	₹16 L/yr - ₹54 L/yr 1% more

View all

Senior Manager salary at Bank of America ranges between ₹17 Lakhs to ₹50.7 Lakhs per year for employees with experience between 7 years to 18 years. Salary estimates are based on 568 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Senior Manager salaries

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
7 years (8 salaries)	₹14.5 L/yr - ₹42 L/yr
8 years (22 salaries)	₹30 L/yr - ₹43 L/yr
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9 years (30 salaries)	₹24 L/yr - ₹42.5 L/yr
10 years (52 salaries)	₹22 L/yr - ₹42.5 L/yr
11 years (58 salaries)	₹22 L/yr - ₹45.2 L/yr
12 years (83 salaries)	₹19.6 L/yr - ₹50.7 L/yr
13 years (71 salaries)	₹17.4 L/yr - ₹47.4 L/yr
14 years (63 salaries)	₹17 L/yr - ₹47 L/yr
15+ years (181 salaries)	₹17.5 L/yr - ₹45 L/yr

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From

Senior Manager

₹

Lakhs/yr

7 - 18 years exp.

Vice President

₹

Lakhs/yr

14 - 25 years exp.

Senior Manager 7 - 18 years exp.

Assistant Vice President 10 - 21 years exp.

14% hike

Vice President 14 - 25 years exp.

70% hike

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.

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Relationship Manager Salary

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₹4.83 L/yr - ₹12 L/yr

Top skills at Bank of America for Senior Manager

Risk Management Analytics Asset Management Financial Services SQL

Salary related reviews for Bank of America

3.9

Rated by 46 employees for salary & benefits

Senior Manager in Gandhinagar

FAKC testing coe Department

5.0

• posted on 20 Feb 2022

3.0

for Salary and Benefits

Likes

Every thing I liked in bank starting from type of work and exposure I got, culture, very good people, huge scope of learning and most importantly work life balance.

Skill development - Excellent

+5 more

Dislikes

Compensation is not as per market trend

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.

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

Manager in Mumbai

Full Time

Other Department

5.0

• posted on 13 Feb 2025

5.0

for Salary and Benefits

Likes

... 8 lacks. Insurance for parents/aws. Sodexo food card with 1300 monthly balance. Yearly bonus. Cab facility if you are not availing it can be get transport allowance upto 1800 monthly.

Salary - Excellent

+6 more

Dislikes

Favoritism is there in internal leadership. Promotion cycle are long if you are an average performer.

Team Member in New Delhi

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 14 Oct 2024

1.0

for Salary and Benefits

Likes

Nodal Pickup and home drop- both side cab

Job security - Good

Dislikes

Salary× Promotion /ratings× Hike doesn't even cover the inflation rates Some processes are good but mine was the worst Won't hire people even if we have loads of volumes for atleast 11 months a year. Indirectly pressure the employees to extend without any extra pay No night allowance Cafeteria is quite expensive for the allowance we are provided- 1300 per month Overcrowded workspaces No trips No outings

Salary - Bad

+3 more

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Bank of America Senior Manager Salary FAQs

What is the salary of Senior Manager at Bank of America ?

The average salary of a Senior Manager at Bank of America in India typically ranges from ₹17.0 Lakhs to ₹50.7 Lakhs per year, depending on experience (from 7 years to 18 years).

The top 10% of Senior Manager at Bank of America earn more than ₹40.7 Lakhs per year, and the top 1% earn over ₹46.0 Lakhs per year. Senior 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 500+ Bank of America employees in India.

What is the estimated take home salary of a Senior Manager at Bank of America in India?

The estimated take-home salary of a Senior Manager at Bank of America in India typically ranges from ₹2,06,225 to ₹2,14,412 per month. This is based on the average salary range of ₹17.0 Lakhs to ₹50.7 Lakhs per year for employees with experience ranging from 7 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 500+ 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 Senior Manager at Bank of America ?

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

- Risk Management
- Analytics
- Asset Management
- Financial Services
- SQL

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

Which companies offer higher salaries than Bank of America for Senior Manager in India?

Wells Fargo	₹17.5 Lakhs to ₹65.5 Lakhs per year
ANZ Banking Group	₹23.5 Lakhs to ₹66.7 Lakhs per year
Morgan Stanley	₹16.0 Lakhs to ₹54.0 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 Senior Manager in companies similar to Bank of America in India?

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

UBS	₹12.5 Lakhs to ₹48.0 Lakhs per year
Standard Chartered	₹13.3 Lakhs to ₹46.1 Lakhs per year
HSBC Group	₹11.2 Lakhs to ₹47.8 Lakhs per year
Federal Bank	₹10.0 Lakhs to ₹30.0 Lakhs per year
JPMorgan Chase & Co.	₹11.6 Lakhs to ₹41.9 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 Senior Manager at Bank of America in India?

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

Experience	Average Salary Range
7 years	₹14.5 Lakhs to ₹42.0 Lakhs per year
8 years	₹30.0 Lakhs to ₹43.0 Lakhs per year
9 years	₹24.0 Lakhs to ₹42.5 Lakhs per year
10 years	₹22.0 Lakhs to ₹42.5 Lakhs per year

and so on.

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Bank of America Senior Manager Salaries

Bank of America Senior Manager salary in India ranges between ₹17 Lakhs to ₹50.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 568 Bank of America latest salaries received from various employees of Bank of America.

Bank of America Senior Manager salaries in India (Updated 2025)

Companies similar to Bank of America for Senior Manager

Latest annual salaries shared by Bank of America Senior Manager

Experience wise Bank of America Senior Manager salaries

Similar Designation salaries in Bank of America

Top skills at Bank of America for Senior Manager

Salary related reviews for Bank of America

Senior Manager in Gandhinagar

Team Lead in Gurgaon / Gurugram

Team Lead in Gurgaon / Gurugram

Manager in Mumbai

Team Member in New Delhi

Bank of America Senior Manager Salary FAQs

Tell us how to improve this page.

Bank of America Senior Manager Salaries by Location