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Bank of America

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4.2

based on 3.5k Reviews

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  • Salaries
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Bank of America Senior Team Member salaries in India (Updated 2025)

Annual salary range
2 - 6 years exp.
₹3 Lakhs - ₹8 Lakhs
Salary of majority employees info icon
Avg. annual salary
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Monthly In-hand Salary

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Senior Team Member Salary at Bank of America ranges between ₹3 Lakhs to ₹8 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 880 latest salaries... Read more

21% less than the average Senior Team Member Salary in Banking Companies for 2 - 6 years of experience

Interested in this particular role?

What are the roles & responsibilities of a Senior Team Member at Bank of America?

Trade Processing

  • Pre-match and match trades with counterparties
  • Ensure timely settlement of trades and Depot Management functions
  • Research unmatched trades and resolve issues
  • Maintain productivity levels as per SLA

Compliance and Risk Management

  • Ensure adherence to regulatory requirements and internal procedures
  • Monitor and resolve segregation violations and fines
  • Report suspicious activities and maintain compliance with BSA
  • Drive improvements in business processes and risk mitigation

Client and Stakeholder Interaction

  • Liaise with clients, brokers, and custodians for trade settlements
  • Communicate effectively to resolve inquiries and issues
  • Provide updates and confirmations on transactions
  • Maintain strong client relationships to minimize operational risk

Data Management and Reporting

  • Maintain and update client information and trading identifiers
  • Perform data input and self-reviews for accuracy
  • Generate reports on operational and trading exposures
  • Ensure proper documentation of processes and decisions

Read full roles & responsibilities

Last Updated: 19 Jul 2025

Companies similar to Bank of America for Senior Team Member

Company name Avg Annual Salary Open Jobs
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HDFC Bank Senior Team Member Salary

6 - 10 years exp. (4 salaries)

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₹2 L/yr - ₹20 L/yr

arrow icon 41% more
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Kotak Mahindra Bank Senior Team Member Salary

4 - 11 years exp. (4 salaries)

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₹3 L/yr - ₹7.5 L/yr

arrow icon 25% more
Login to view exact salary info icon
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Jana Small Finance Bank Senior Team Member Salary

3 - 8 years exp. (3 salaries)

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₹3.3 L/yr - ₹7.1 L/yr

arrow icon 6% less
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JPMorgan Chase & Co. Senior Team Member Salary

1 - 10 years exp. (788 salaries)

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₹5 L/yr - ₹11 L/yr

arrow icon 59% more
6 job openings
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Coforge Senior Team Member Salary

2 - 10 years exp. (536 salaries)

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₹2.4 L/yr - ₹7.5 L/yr

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Bank of America Senior Team Member Salary and Career Growth

From

To

Senior Team Member

₹unlock blur Lakhs/yr

2 - 6 years exp.

Vice President

₹unlock blur Lakhs/yr

12 - 25 years exp.

Senior Team Member

2 - 6 years exp.
unlock blur

Team Developer

2 - 12 years exp.
unlock blur
arrow icon 49% hike

Team Lead

0 - 17 years exp.
unlock blur
arrow icon 50% 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.
Career and salary growth
cross

From

To

Senior Team Member

₹ 4.8 Lakhs/yr

2 - 6 years exp.

Vice President

₹ 62.3 Lakhs/yr

12 - 25 years exp.

Senior Team Member 2 - 6 years exp.
₹ 4.8 L/yr
Team Developer 2 - 12 years exp.
₹ 7.2 L/yr
arrow icon 49% hike
Team Lead 0 - 17 years exp.
₹ 10.8 L/yr
arrow icon 50% hike
Assistant Manager 2 - 18 years exp.
₹ 17 L/yr
arrow icon 58% hike
Manager 5 - 18 years exp.
₹ 25.6 L/yr
arrow icon 51% hike
Senior Manager 7 - 19 years exp.
₹ 32.9 L/yr
arrow icon 28% hike
Assistant Vice President 10 - 21 years exp.
₹ 39.6 L/yr
arrow icon 20% hike
    Vice President 12 - 25 years exp.
    ₹ 62.3 L/yr
    arrow icon 57% 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.
    Did you find above career path helpful?

    Latest annual salaries shared by Bank of America Senior Team Member

    1d ago
    ₹5.1 Lakhs
    3 years exp.
    1d ago
    ₹7 Lakhs
    4 years exp.
    1d ago
    ₹4.9 Lakhs
    4 years exp.
    2d ago
    ₹5.4 Lakhs
    5 years exp.
    2d ago
    ₹5.5 Lakhs
    4 years exp.
    3d ago
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    4 years exp.
    3d ago
    avg blur mobile
    4 years exp.
    5d ago
    avg blur mobile
    3 years exp.
    5d ago
    avg blur mobile
    2 years exp.
    5d ago
    avg blur mobile
    3 years exp.

    Bank of America Senior Team Member salaries by

    Years of experience Avg. annual salary
    2 years  (180 salaries)

    unlock blur

    ₹3 L/yr - ₹6.3 L/yr
    3 years  (249 salaries)

    unlock blur

    ₹3 L/yr - ₹7 L/yr
    Login to view exact salary info icon
    4 years  (225 salaries)

    unlock blur

    ₹3 L/yr - ₹7.5 L/yr
    5 years  (139 salaries)

    unlock blur

    ₹3 L/yr - ₹8 L/yr
    6 years  (87 salaries)

    unlock blur

    ₹3.3 L/yr - ₹7.1 L/yr

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    Top trending discussions

    View All
    Salary Discussions, Hike & Promotions
    1w
    a full stack developer
    No Salary Discussion in My Appraisal — What’s Your Experience?
    In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me. I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?
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    Salary related reviews for Bank of America

    3.8

    Rated by 207 employees for salary & benefits

    Senior Team Member in Chennai

    Full Time

     · 

    Risk Management & Compliance Department

    5.0
      •  updated on 11 May 2025

    5.0
     for  Salary and Benefits

    Likes

    ...ob security, and growth opportunities with strong support for skill development. The competitive salary, fair promotions, and inclusive culture make it a satisfying and rewarding place to work

    read more
    • Salary - Excellent
    • +6 more

    Dislikes

    At times, the large organizational structure can slow down decision-making and innovation. Also, career progression may feel competitive and limited in certain departments. And one drawback is the lack of shift allowance for night shift employees

    read more

    Senior Team Member in New Delhi

    Full Time

     · 

    Risk Management & Compliance Department

    4.0
      •  updated 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.

    read more
    • 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

    read more

    Senior Team Member in Hyderabad / Secunderabad

    Finance & Accounting Department

    5.0
      •  updated 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.

    read more
    • 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.

    read more

    Senior Team Member in New Delhi

    mis Department

    4.0
      •  updated 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.

    read more
    • 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 .

    read more
    • Promotions - Poor

    Process Associate in Mumbai

    Full Time

     · 

    Customer Success, Service & Operations Department

    1.0
      •  updated on 28 Mar 2025

    1.0
     for  Salary and Benefits

    Likes

    ...e was good but now India Mumbai site leadership gang just exploiting employee...for their bonus and promotion..they are paying less to employees and keeping all the money in their pockets

    read more

    Dislikes

    Office politics. you can't grow if you are not part of gang ...old employee are forced to leave the company as now they are good for nothing for leadership team.....all the leaders got promotion because of old employees hard work but now they forgot everything and they are making their life miserable

    read more
    • Salary - Bad
    • +4 more
    see more salary related reviews
    More about working at Bank of America
    • HQ - Charlotte, UnitedStates
    • Banking
    • 10k-50k Employees (India)
    • Financial Services

    Bank of America Senior Team Member Salary FAQs

    What is the salary of Senior Team Member at Bank of America ?
    The average salary of a Senior Team Member at Bank of America in India typically ranges from ₹3.0 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 2 years to 6 years).

    The top 10% of Senior Team Member at Bank of America earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Senior Team Member 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 800+ Bank of America employees in India.
    What is the estimated take home salary of a Senior Team Member at Bank of America in India?
    The estimated take-home salary of a Senior Team Member at Bank of America in India typically ranges from ₹36,075 to ₹37,299 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 2 years to 6 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 800+ 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 Team Member at Bank of America ?
    To be a Senior Team Member at Bank of America in india, the key skills required include:

    • - Risk Management
    • - Business Services
    • - Asset Management
    • - Talent Acquisition
    • - Banking

    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 Team Member in India?
    JPMorgan Chase & Co. ₹5.0 Lakhs to ₹11.0 Lakhs per year
    HDFC Bank ₹2.0 Lakhs to ₹20.0 Lakhs per year
    Kotak Mahindra Bank ₹3.0 Lakhs to ₹7.5 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 Team Member in companies similar to Bank of America in India?
    The salary of a Senior Team Member at companies similar to Bank of America in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Jana Small Finance Bank ₹3.3 Lakhs to ₹7.1 Lakhs per year
    Coforge ₹2.4 Lakhs to ₹7.5 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 Team Member at Bank of America in India?
    The salary growth for a Senior Team Member at Bank of America depends on factors such as experience, performance, and promotions. On average, a Senior Team Member can expect the following growth trajectory at Bank of America:

    Experience Average Salary Range
    2 years ₹3.0 Lakhs to ₹6.3 Lakhs per year
    3 years ₹3.0 Lakhs to ₹7.0 Lakhs per year
    4 years ₹3.0 Lakhs to ₹7.5 Lakhs per year
    5 years ₹3.0 Lakhs to ₹8.0 Lakhs per year
    and so on.

    Top skills at Bank of America for Senior Team Member

    Problem Solving Time Management Analytical Skills

    Tell us how to improve this page.

    Bank of America Senior Team Member Salaries by Location

    • Bank of America Senior Team Member salaries in Gurgaon / Gurugram
    • Bank of America Senior Team Member salaries in New Delhi
    • Bank of America Senior Team Member salaries in Hyderabad / Secunderabad
    • Bank of America Senior Team Member salaries in Gandhinagar
    • Bank of America Senior Team Member salaries in Ahmedabad
    • Show more
    • Bank of America Senior Team Member salaries in Mumbai
    • Home >
    • Salaries >
    • Bank of America Salaries >
    • Bank of America Senior Team Member Salaries

    Bank of America Senior Team Member salary in India ranges between ₹3 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 880 Bank of America latest salaries received from various employees of Bank of America.

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    Senior Team Member Salary in India
    based on 4.8k salaries
    ₹2.2 L/yr - ₹15.1 L/yr
    21% less than the average Senior Team Member Salary in India
    View more details

    Bank of America Senior Team Member Reviews and Ratings

    based on 207 reviews

    4.6/5

    Rating in categories

    4.2

    Skill development

    4.6

    Work-life balance

    3.8

    Salary

    4.9

    Job security

    4.5

    Company culture

    3.7

    Promotions

    4.3

    Work satisfaction

    Explore 207 Reviews and Ratings

    Gender Based Ratings at Bank of America

    based on 197 Senior Team Member salaries
    4.7
    Rated by 79 Women

    for Salary and Benefits at Bank of America

    women
    4.4
    Rated by 118 Men

    for Salary and Benefits at Bank of America

    men
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    Bank of America Employee Benefits
    cab
    Office cab/shuttle
    24 total responses
    freemeal
    Free meal
    9 total responses
    onsite
    International/On-site exposure
    1 total response
    healthInsurance
    Health insurance
    20 total responses
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    Notice Period for Senior Team Member at Bank of America

    based on 529 responses

    2 Months
    70%
    1 Month
    17%
    15 days or less
    10%
    3 Months
    3%
    More than 3 months
    0%
    View all
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