Bank of America Securities Senior Associate Salaries by 5 Employees

2 - 4 years exp.

₹2.5 Lakhs - ₹5.6 Lakhs

Low Confidence

Salary of majority employees

57% less than the average Senior Associate Salary in Investment Banking / Venture Capital / Private Equity Companies for 2 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations Senior Associate Salary 3 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹5.6 L/yr
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BFSI, Investments & Trading Senior Associate Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 14 Oct 2023

Companies similar to Bank of America Securities for Senior Associate

Company name	Avg Annual Salary	Open Jobs
STP Investment Services Senior Associate Salary 2 - 6 years exp. (123 salaries)	₹3 L/yr - ₹8.8 L/yr 61% more
Tower Research Capital LLC Senior Associate Salary 2 - 10 years exp. (9 salaries)	₹20.6 L/yr - ₹42 L/yr 669% more
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Equirus Capital Senior Associate Salary 3 - 7 years exp. (7 salaries)	₹20 L/yr - ₹25 L/yr 395% more
Smallcase Technologies Senior Associate Salary 3 - 5 years exp. (6 salaries)	₹6.8 L/yr - ₹9.1 L/yr 78% more
Jefferies Financial Group Senior Associate Salary 2 - 10 years exp. (5 salaries)	₹50 L/yr - ₹60 L/yr 1207% more
MNC Group Senior Associate Salary 2 - 7 years exp. (5 salaries)	₹3 L/yr - ₹6 L/yr 12% more

Senior Associate salary at Bank of America Securities ranges between ₹2.5 Lakhs to ₹5.6 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Bank of America Securities.

Experience wise Bank of America Securities Senior Associate salaries

Last Updated: 14 Oct 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.2 L/yr
3 years (3 salaries)	₹2.5 L/yr - ₹5 L/yr
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4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.6 L/yr

Similar Designation salaries in Bank of America Securities

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₹8.6 L/yr - ₹10.9 L/yr

Senior Software Developer Salary

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₹10.7 L/yr - ₹13.7 L/yr

Salary related reviews for Bank of America Securities

Software Engineer Ll B in Chennai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 26 Feb 2023

4.0

for Salary and Benefits

Likes

BA continnum has lot of perks for employee like fixed salary,bonus which is away from CTC,gym allowance 25k, free cab, lunch 1300 every month,internet reimbursement 1500 every month.

Salary - Good

+4 more

Dislikes

Old technologies, no upskilling chances

Skill development - Poor

Team Member in Hyderabad / Secunderabad

Investment banking Department

4.0

• posted on 17 Mar 2019

4.0

for Salary and Benefits

Likes

Fantastic benefits and great leadership and atmosphere to work in ! Great work life balance!

Salary - Good

+6 more

Dislikes

It is great experience working with bank of America, the only reason why i want to quite bank of America is i have got enough experience there and i want to move further in my career with the knowledge i have gained in bank of America, i am sure i will get more opportunities where i can grow and work for the organization development.

Banking Operations Executive in Bangalore / Bengaluru

Payments Department

3.0

• posted on 03 Sep 2018

2.0

for Salary and Benefits

Likes

It's good teammates very well training to work how handling querys in the role it's career growth it's abnormal.

Job security - Excellent

+2 more

Dislikes

It's good teammates very well training to work how handling querys in the role it's career growth it's abnormal.

Salary - Poor

+1 more

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Bank of America Securities Senior Associate Salary FAQs

What is the salary of Senior Associate at Bank of America Securities ?

The average salary of a Senior Associate at Bank of America Securities in India typically ranges from ₹2.5 Lakhs to ₹5.6 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Senior Associate at Bank of America Securities earn more than ₹5.6 Lakhs per year, and the top 1% earn over ₹5.6 Lakhs per year. Senior Associate Salaries at Bank of America Securities 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 5 Bank of America Securities employees in India.

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

The estimated take-home salary of a Senior Associate at Bank of America Securities in India typically ranges from ₹30,631 to ₹31,935 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹5.6 Lakhs per year for employees with experience ranging from 2 years to 4 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 5 salaries received from various employees of Bank of America Securities. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Jefferies Financial Group	₹50.0 Lakhs to ₹60.0 Lakhs per year
Tower Research Capital LLC	₹20.6 Lakhs to ₹42.0 Lakhs per year
Equirus Capital	₹20.0 Lakhs to ₹25.0 Lakhs per year
Smallcase Technologies	₹6.8 Lakhs to ₹9.1 Lakhs per year
STP Investment Services	₹3.0 Lakhs to ₹8.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bank of America Securities, depending on the role and experience level.

What is the salary of a Senior Associate in companies similar to Bank of America Securities in India?

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

MNC Group

₹3.0 Lakhs to ₹6.0 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 Associate at Bank of America Securities in India?

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

Experience	Average Salary Range
2 years	₹1.4 Lakhs to ₹4.2 Lakhs per year
3 years	₹2.5 Lakhs to ₹5.0 Lakhs per year
4 years	₹1.9 Lakhs to ₹5.6 Lakhs per year

and so on.

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Bank of America Securities Senior Associate Salaries

Bank of America Securities Senior Associate salary in India ranges between ₹2.5 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bank of America Securities latest salaries received from various employees of Bank of America Securities.