Bank of America Team Manager Operations Salaries by 4 Employees

5 - 13 years exp.

₹6.2 Lakhs - ₹18 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

18% more than the average Team Manager Operations Salary in Banking Companies for 5 - 13 years of experience

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Salaries in different departments

Finance & Accounting Team Manager Operations Salary 11 - 13 years exp. (AmbitionBox Estimate)	₹13 L/yr - ₹18 L/yr
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BFSI, Investments & Trading Team Manager Operations Salary 5 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹6.8 L/yr

Last Updated: 23 May 2024

Companies similar to Bank of America for Team Manager Operations

Company name	Avg Annual Salary	Open Jobs
Deutsche Bank Team Manager Operations Salary 9 - 15 years exp. (37 salaries)	₹7.3 L/yr - ₹19 L/yr 4% more	3 job openings
NatWest Group Team Manager Operations Salary 7 - 13 years exp. (8 salaries)	₹8 L/yr - ₹12.3 L/yr 18% less
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ICICI Bank Team Manager Operations Salary 5 - 13 years exp. (7 salaries)	₹5.5 L/yr - ₹16 L/yr 14% less
HDFC Bank Team Manager Operations Salary 8 - 12 years exp. (6 salaries)	₹5.5 L/yr - ₹11.3 L/yr 29% less
Barclays Team Manager Operations Salary 10 - 14 years exp. (6 salaries)	₹9.5 L/yr - ₹12 L/yr 13% less
Standard Chartered Team Manager Operations Salary 4 - 16 years exp. (4 salaries)	₹15.4 L/yr - ₹32 L/yr 94% more
ANZ Banking Group Team Manager Operations Salary 9 - 11 years exp. (4 salaries)	₹9.4 L/yr - ₹11.4 L/yr 15% less
HSBC Bank Team Manager Operations Salary 10 - 18 years exp. (3 salaries)	₹8.6 L/yr - ₹11 L/yr 15% less

Team Manager Operations salary at Bank of America ranges between ₹6.2 Lakhs to ₹18 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Team Manager Operations salaries

Last Updated: 23 May 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.8 L/yr
8 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.2 L/yr
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9 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.6 L/yr
10 years (AmbitionBox Estimate)	₹11 L/yr - ₹14 L/yr
11 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
12 years (AmbitionBox Estimate)	₹11.6 L/yr - ₹14.8 L/yr

View all

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Salary related reviews for Bank of America

Team Lead Operations in Gurgaon / Gurugram

BFSI, Investments & Trading Department

3.0

• posted on 10 Aug 2020

2.0

for Salary and Benefits

Likes

Company helping alot but heard from supervisors that may b jobs are on stake or may be no salary hike this year or no promotions and also skeleton staffing can be done.

Skill development - Good

+2 more

Dislikes

Nice company helped alot in lockdown but upper management get all benefits but employees are still the same or may be management keeps everything to themselves and things not come down and feedback dont goes up in terms of salary hikes promotions everything

Salary - Poor

+2 more

Process Trainer in Gurgaon / Gurugram

Customer Success, Service & Operations Department

5.0

• posted on 04 Apr 2020

4.0

for Salary and Benefits

Likes

Bank of America is an employee centric company. The organization believes in safety and security of their employees. We are getting immense support from our leaders in every situation. Proud to be associated with BOA.

Salary - Good

+6 more

Dislikes

Salary compensation is a minor challenge.

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

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

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bank of America Team Manager Operations Salary FAQs

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

The average salary of a Team Manager Operations at Bank of America in India typically ranges from ₹6.2 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 5 years to 13 years).

The top 10% of Team Manager Operations at Bank of America earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Team Manager Operations 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 Team Manager Operations at Bank of America in India?

The estimated take-home salary of a Team Manager Operations at Bank of America in India typically ranges from ₹85,477 to ₹87,714 per month. This is based on the average salary range of ₹6.2 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 5 years to 13 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.

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

Standard Chartered	₹15.4 Lakhs to ₹32.0 Lakhs per year
Deutsche Bank	₹7.3 Lakhs to ₹19.0 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 Team Manager Operations in companies similar to Bank of America in India?

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

Barclays	₹9.5 Lakhs to ₹12.0 Lakhs per year
ICICI Bank	₹5.5 Lakhs to ₹16.0 Lakhs per year
HSBC Bank	₹8.6 Lakhs to ₹11.0 Lakhs per year
ANZ Banking Group	₹9.4 Lakhs to ₹11.4 Lakhs per year
NatWest Group	₹8.0 Lakhs to ₹12.3 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 Team Manager Operations at Bank of America in India?

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

Experience	Average Salary Range
7 years	₹10.1 Lakhs to ₹12.8 Lakhs per year
8 years	₹10.4 Lakhs to ₹13.2 Lakhs per year
9 years	₹10.7 Lakhs to ₹13.6 Lakhs per year
10 years	₹11.0 Lakhs to ₹14.0 Lakhs per year

and so on.

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Bank of America Team Manager Operations Salaries

Bank of America Team Manager Operations salary in India ranges between ₹6.2 Lakhs to ₹18 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.