Bank of America Mumbai Senior Team Member Salaries by 50+ Employees (Updated 2025)

1 - 7 years exp.

₹3 Lakhs - ₹5.7 Lakhs

Salary of majority employees

17% less than the average Senior Team Member Salary in Banking Companies for 1 - 7 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

Finance & Accounting Senior Team Member Salary 1 - 5 years exp. (17 salaries)	₹3.4 L/yr - ₹5.7 L/yr
BFSI, Investments & Trading Senior Team Member Salary 1 - 7 years exp. (16 salaries)	₹3.1 L/yr - ₹5.5 L/yr
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Customer Success, Service & Operations Senior Team Member Salary 1 - 7 years exp. (11 salaries)	₹3.3 L/yr - ₹4.6 L/yr
Risk Management & Compliance Senior Team Member Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5.3 L/yr

Last Updated: 29 Jan 2025

Companies similar to Bank of America for Senior Team Member in Mumbai

Bank of America Senior Team Member Salary

1 - 7 years exp. (55 salaries)

₹3 L/yr - ₹5.7 L/yr

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Senior Team Member Salary 2 - 10 years exp. (134 salaries)	₹2.8 L/yr - ₹10 L/yr 61% more
BA Continuum Senior Team Member Salary 2 - 9 years exp. (48 salaries)	₹2.7 L/yr - ₹5.4 L/yr 1% less
Login to view exact salary
Medi Assist India Senior Team Member Salary 3 - 9 years exp. (30 salaries)	₹2 L/yr - ₹5.5 L/yr 25% less
Tata Communications Senior Team Member Salary 3 - 12 years exp. (19 salaries)	₹3.8 L/yr - ₹10.4 L/yr 63% more
UnitedHealth Senior Team Member Salary 3 - 9 years exp. (14 salaries)	₹2.5 L/yr - ₹4.8 L/yr 18% less

Senior Team Member salary at Bank of America ranges between ₹3 Lakhs to ₹5.7 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 55 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Senior Team Member salaries in Mumbai

Last Updated: 29 Jan 2025

Experience	Avg Annual Salary
1 year (7 salaries)	₹3.5 L/yr - ₹5.5 L/yr
2 years (14 salaries)	₹3.1 L/yr - ₹4.8 L/yr
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3 years (11 salaries)	₹3.1 L/yr - ₹7.8 L/yr
4 years (8 salaries)	₹3 L/yr - ₹5.7 L/yr
5 years (7 salaries)	₹4 L/yr - ₹5.1 L/yr
6 years (4 salaries)	₹3.1 L/yr - ₹8.8 L/yr
7 years (4 salaries)	₹4.2 L/yr - ₹9.1 L/yr

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From

Senior Team Member

₹

Lakhs/yr

1 - 7 years exp.

Vice President

₹

Lakhs/yr

14 - 25 years exp.

Senior Team Member 1 - 7 years exp.

Team Developer 3 - 12 years exp.

51% hike

Team Lead 0 - 16 years exp.

49% hike

Similar Designation salaries in Bank of America

Team Lead Salary

(180 salaries)

₹5.5 L/yr - ₹15 L/yr

Senior Analyst Salary

(137 salaries)

₹12.51 L/yr - ₹34 L/yr

Senior Financial Analyst Salary

(4 salaries)

₹3.6 L/yr - ₹6.6 L/yr

Senior Associate Salary

(3 salaries)

₹4.5 L/yr - ₹5.2 L/yr

Top skills at Bank of America for Senior Team Member

Risk Management Business Services Asset Management Talent Acquisition Banking Finance Operational Excellence Operations Monitoring MS Office Management Fixed Income Analytical Compliance Typing Speed

Salary related reviews for Bank of America

4.5

Rated by 13 employees for salary & benefits

Senior Team Member in New Delhi

Full Time

Risk Management & Compliance Department

4.0

• posted on 20 Jul 2024

3.0

for Salary and Benefits

Likes

Work life balance Working Environment Management Perks and Benefits If you want to enjoy life with job then go for it . It’s like government job. Once you worked here you will not like working anywhere else.

Job security - Excellent

+3 more

Dislikes

Appraisal and Salary. If you’re going here have mindset that they initially they don’t pay that much but with time you will experience growth if your performance is good

Senior Team Member in Hyderabad / Secunderabad

Finance & Accounting Department

5.0

• posted on 17 Apr 2018

3.0

for Salary and Benefits

Likes

Bank of America company is a qualified professional company in my view. I love the fact that I was a part of such a good company. Good management who understands the employee’s personal and professional needs, motivation, work environment is good in this company.

Skill development - Excellent

+5 more

Dislikes

Compensation is not so good, growth is slow at Bank of America. There won’t be any work pressure but sometimes managers do not give value to the individuals work and there ideas.

Senior Team Member in New Delhi

mis Department

4.0

• posted on 25 Aug 2017

3.0

for Salary and Benefits

Likes

it is a very good company to work with. the only reason why i have to leave company because of compensation and promotion issues.

Skill development - Good

+2 more

Dislikes

i have always received good feedback from clients . even thought i did not receive promotion on time and compensation was not revised. not sure how the company is now .

Promotions - Poor

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)

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fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Bank of America Senior Team Member Salary FAQs

What is the salary of Senior Team Member at Bank of America Mumbai?

Senior Team Member salary at Bank of America in Mumbai ranges between ₹3.0 Lakhs to ₹5.7 Lakhs for experience between 1 years to 7 years. According to our estimates it is 17% less than the average Senior Team Member Salary in India. Salary estimates are based on 55 latest salaries received from various employees of Bank of America Mumbai.

How does the salary of a Senior Team Member at Bank of America Mumbai compare with the average salary range for this job?

The average salary of a Senior Team Member at Bank of America is 17% less than the average salary of a Senior Team Member in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Senior Team Member at Bank of America?

Risk Management, Business Services, Asset Management, Talent Acquisition and Banking are some of the popular skills required to work as a Senior Team Member at Bank of America Mumbai.

Which similar companies are paying more than Bank of America to a Senior Team Member in Mumbai?

Tata Communications Senior Team Member Salary - ₹3.8 Lakhs to ₹10.4 Lakhs per year
JPMorgan Chase & Co. Senior Team Member Salary - ₹2.8 Lakhs to ₹10.0 Lakhs per year

What is the salary of a Senior Team Member in companies similar to Bank of America in Mumbai?

BA Continuum Senior Team Member Salary - ₹2.7 Lakhs to ₹5.4 Lakhs per year
UnitedHealth Senior Team Member Salary - ₹2.5 Lakhs to ₹4.8 Lakhs per year
Medi Assist India Senior Team Member Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year

What is the estimated take home salary of a Senior Team Member at Bank of America in Mumbai?

The estimated take-home salary of a Senior Team Member at Bank of America ranges between ₹33,736 per month to ₹34,994 per month in Mumbai. The take-home salary calculation is based on the average Bank of America Senior Team Member salary in India which ranges between ₹3.0 Lakhs to ₹5.7 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Senior Team Member at Bank of America in Mumbai?

According to AmbitionBox, 65% of the Bank of America Senior Team Members in Mumbai reported a notice period of 2 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 31 responses on AmbitionBox in last 2 years.

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Bank of America Senior Team Member Salaries in Mumbai

Bank of America Senior Team Member salary in Mumbai ranges between ₹3 Lakhs to ₹5.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 55 Bank of America latest salaries received from various employees of Bank of America.