Thread regarding Bank of America layoffs

BAC Salary Band

BAC Salary Band - I got the info from PayScale, it's fairly accurate (source below)...

  • Administrative Assistant - Average Salary: $55,970 - Salary Pay Range: $41k - $76k
  • Assistant Bank Manager - Average Salary: $49,871 - Salary Pay Range: $39k - $65k
  • Assistant Branch Manager, Banking - Average Salary: $45,515 - Salary Pay Range: $36k - $58k
  • Associate Vice President (AVP), Financial Operations - Average Salary: $88,945 - Salary Pay Range: $61k - $130k
  • Bank Manager - Average Salary: $68,022 - Salary Pay Range: $49k - $93k
  • Bank Teller - Average Salary: $30,122 - Salary Pay Range: $20k - $47k
  • Banking Center Manager - Average Salary: $63,420 - Salary Pay Range: $46k - $85k
  • Branch Manager, Banking - Average Salary: $66,546 - Salary Pay Range: $49k - $88k
  • Business Analyst, Finance/Banking - Average Salary: $68,037 - Salary Pay Range: $46k - $103k
  • Business Analyst, IT - Average Salary: $80,762 - Salary Pay Range: $55k - $118k
  • Business Banker - Average Salary: $71,320 - Salary Pay Range: $49k - $100k
  • Business Consultant - Average Salary: $65,878 - Salary Pay Range: $43k - $101k
  • Business Process / Management Consultant - Average Salary: $83,085 - Salary Pay Range: $54k - $129k
  • Business Support Manager - Average Salary: $81,368 - Salary Pay Range: $57k - $113k
  • Certified Scrummaster (CSM) - Average Salary: $94,255 - Salary Pay Range: $62k - $133k
  • Commercial Credit Analyst - Average Salary: $61,349 - Salary Pay Range: $44k - $91k
  • Compliance Analyst - Average Salary: $59,898 - Salary Pay Range: $42k - $86k
  • Compliance Manager - Average Salary: $104,806 - Salary Pay Range: $71k - $152k
  • Compliance Officer - Average Salary: $67,670 - Salary Pay Range: $44k - $105k
  • Compliance Specialist - Average Salary: $72,047 - Salary Pay Range: $52k - $100k
  • Credit Analyst - Average Salary: $61,246 - Salary Pay Range: $45k - $90k
  • Executive Assistant - Average Salary: $68,780 - Salary Pay Range: $49k - $96k
  • Executive Director - Average Salary: $149,025 - Salary Pay Range: $84k - $278k
  • Financial Advisor - Average Salary: $59,992 - Salary Pay Range: $41k - $97k
  • Financial Analyst - Average Salary: $62,089 - Salary Pay Range: $46k - $83k
  • Financial Center Manager - Average Salary: $67,258 - Salary Pay Range: $56k - $80k
  • Fraud Analyst - Average Salary: $44,297 - Salary Pay Range: $31k - $66k
  • Fraud Investigator - Average Salary: $64,018 - Salary Pay Range: $42k - $98k
  • Information Technology (IT) Manager - Average Salary: $107,791 - Salary Pay Range: $67k - $163k
  • Loan Officer - Average Salary: $44,945 - Salary Pay Range: $26k - $89k
  • Loan Officer, Commercial - Average Salary: $79,935 - Salary Pay Range: $49k - $128k
  • Mortgage Loan Processor - Average Salary: $45,405 - Salary Pay Range: $35k - $57k
  • Operations Analyst - Average Salary: $48,144 - Salary Pay Range: $38k - $62k
  • Operations Manager - Average Salary: $60,561 - Salary Pay Range: $41k - $88k
  • Operations Manager, Financial - Average Salary: $58,096 - Salary Pay Range: $36k - $96k
  • Operations Project Consultant - Average Salary: $70,207 - Salary Pay Range: $51k - $97k
  • Personal Banker - Average Salary: $41,213 - Salary Pay Range: $35k - $50k
  • Portfolio Manager - Average Salary: $93,296 - Salary Pay Range: $66k - $132k
  • Project Manager, (Unspecified Type / General) - Average Salary: $93,539 - Salary Pay Range: $61k - $143k
  • Project Manager, Information Technology (IT) - Average Salary: $104,838 - Salary Pay Range: $64k - $146k
  • Quantitative Analyst, Finance - Average Salary: $93,904 - Salary Pay Range: $68k - $126k
  • Relationship Banker - Average Salary: $36,160 - Salary Pay Range: $30k - $50k
  • Relationship Manager - Average Salary: $48,109 - Salary Pay Range: $37k - $69k
  • Relationship Manager, Banking - Average Salary: $78,485 - Salary Pay Range: $45k - $137k
  • Sales Officer - Average Salary: $119,519 - Salary Pay Range: $63k - $448k
  • Senior Business Analyst - Average Salary: $83,956 - Salary Pay Range: $60k - $117k
  • Senior Financial Analyst - Average Salary: $87,829 - Salary Pay Range: $70k - $108k
  • Senior Operations Analyst - Average Salary: $58,613 - Salary Pay Range: $41k - $83k
  • Senior Portfolio Manager - Average Salary: $129,480 - Salary Pay Range: $81k - $201k
  • Senior Software Engineer - Average Salary: $120,124 - Salary Pay Range: $85k - $163k
  • Senior Trust Officer - Average Salary: $112,024 - Salary Pay Range: $89k - $138k
  • Senior Underwriter - Average Salary: $77,793 - Salary Pay Range: $56k - $105k
  • Senior Vice President (SVP), Operations - Average Salary: $146,164 - Salary Pay Range: $93k - $216k
  • Software Developer - Average Salary: $96,370 - Salary Pay Range: $67k - $139k
  • Software Engineer - Average Salary: $100,571 - Salary Pay Range: $75k - $131k
  • Software Engineer / Developer / Programmer - Average Salary: $88,230 - Salary Pay Range: $59k - $132k
  • Solutions Architect - Average Salary: $129,853 - Salary Pay Range: $80k - $177k
  • Sr. Operations Manager - Average Salary: $73,614 - Salary Pay Range: $51k - $102k
  • Sr. Software Engineer / Developer / Programmer - Average Salary: $113,525 - Salary Pay Range: $84k - $147k
  • Strategy Analyst - Average Salary: $71,839 - Salary Pay Range: $53k - $101k
  • Technology Analyst - Average Salary: $82,960 - Salary Pay Range: $63k - $101k
  • Treasury Analyst - Average Salary: $66,597 - Salary Pay Range: $50k - $87k
  • Underwriter - Average Salary: $71,876 - Salary Pay Range: $50k - $107k
  • Vendor Manager - Average Salary: $76,956 - Salary Pay Range: $48k - $115k
  • Vice President & Branch Manager, Banking - Average Salary: $77,045 - Salary Pay Range: $57k - $106k
  • Vice President (VP), Finance - Average Salary: $106,116 - Salary Pay Range: $69k - $152k
  • Vice President (VP), Information Technology (IT) - Average Salary: $123,786 - Salary Pay Range: $86k - $163k
  • Vice President (VP), Operations - Average Salary: $103,320 - Salary Pay Range: $70k - $152k
  • Vice President (VP), Sales - Average Salary: $108,256 - Salary Pay Range: $61k - $183k
  • Vice President (VP), Technology - Average Salary: $141,444 - Salary Pay Range: $92k - $215k

SOURCE: https://www.payscale.com/research/US/Employer=BankofAmericaCorp.(BOFA)/Salary/Page-11

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Post ID: @10vPV0ls

7 replies (most recent on top)

This is so ridiculously inaccurate. FA comp (FADP is 50k or 75k depending on hurdle choice excluding PCs) graduation requires higher comp than what is stated.

I don’t know anyone at Merrill with >5 yrs exp making sub 100k

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Post ID: @10vPV0ls-gama

Anyone have any idea what the salary bands are in India? They closed the office in Pasadena, shipped a lot of the jobs but not all to India and I'm getting tired of emails asking what should happen to the funds left over when an account is closed. The information is in the closure notes when I close the account.

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Post ID: @10vPV0ls-adpg

If thats the average pay then again as a woman over 50 I am severely underpaid for my job.

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Post ID: @10vPV0ls-4aza

Darn

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Post ID: @10vPV0ls-1geb

Nice formatting.

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Post ID: @10vPV0ls-cuq

was unable to post correct link, the site is removing any _ underscore sign in URL

trying this

shorturl.at/mtuUZ

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Post ID: @10vPV0ls-fbq

https://www.payscale.com/research/US/Employer=BankofAmericaCorp.(BOFA)/Salary/Page-11

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Post ID: @10vPV0ls-zxv

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