How much does a senior banker make at Bank of America Massachusetts? (2024)

How much does a senior banker make at Bank of America Massachusetts?

How much does a Senior Personal Banker make at Bank of America in Boston? The estimated average pay for Senior Personal Banker at this company in Boston is $24.55 per hour, which is 13% above the national average.

What is the base pay for a senior banker at Bank of America?

The average Senior Banker base salary at Bank of America is $67K per year. The average additional pay is $9K per year, which could include cash bonus, stock, commission, profit sharing or tips.

How well does Bank of America pay?

The average Bank of America salary ranges from approximately $35,000 per year for Customer Service Manager to $200,000 per year for Senior Client Advisor. Average Bank of America hourly pay ranges from approximately $17.97 per hour for Member Services Representative to $41.81 per hour for Quantitative Analyst.

What is the highest salary in Bank of America?

The highest-paying job at Bank of America is a Senior Vice President with a salary of ₹94.6 Lakhs per year. The top 10% of employees earn more than ₹27.89 lakhs per year. The top 1% earn more than a whopping ₹55 lakhs per year.

How much does Bank of America pay personal bankers?

The estimated total pay range for a Personal Banker at Bank of America is $55K–$72K per year, which includes base salary and additional pay. The average Personal Banker base salary at Bank of America is $57K per year.

How many hours do senior bankers work?

Investment bankers work notoriously long hours, with the typical work week filling in 60-80 hours per week, and the occasional high-intensity work week that can push a banker to 100+ hours.

What does a senior banker do?

The Senior Personal Banker is responsible for establishing and growing loyal, long-term relationships with clients who have evolving personal banking needs. The person in this role typically has a portfolio of 350 to 500 clients for whom they provide comprehensive personal service and financial advice.

What Bank position pays the most?

High Paying Banker Jobs
  • Commercial Banker. Salary range: $110,000-$179,000 per year. ...
  • Banking Consultant. Salary range: $154,000-$171,500 per year. ...
  • Investment Banker. Salary range: $107,500-$123,500 per year. ...
  • Banking Services Advisor. ...
  • Bank Secrecy Act Officer. ...
  • Bank Examiner. ...
  • Business Banker. ...
  • Merchant Banker.

Which Bank pays you the most?

Investment Banking Firms Ranked by Pay
  • Lazard.
  • Rothschild.
  • Guggenheim.
  • Bank of America.
  • Citi.
  • Goldman Sachs.
  • JP Morgan.
  • Morgan Stanley.

Does Bank of America negotiate salary?

Yes, many companies, including Bank of America, may negotiate hourly rates for positions, especially when hiring new employees or when discussing pay raises with current employees.

What is the lowest position in Bank of America?

The lowest-paying job at Bank of America is a Cashier with a salary of $37,537 per year (estimate).

What does a band 3 make at Bank of America?

Bank of America Band 3 Product Designer Salary | $90K-$150K+ | Levels.

Do people like working at Bank of America?

Bank of America has an overall rating of 3.9 out of 5, based on over 41,401 reviews left anonymously by employees. 76% of employees would recommend working at Bank of America to a friend and 70% have a positive outlook for the business. This rating has decreased by 1% over the last 12 months.

What are the highest paying jobs at Bank of America?

Highest paying jobs at Bank of America in California
RankJob titleAverage Bank of America salary
1Marketing Vice President$163,511
2Vice President Customer Services$163,457
3Technical Manager$163,305
4Senior Vice President, Sales$163,009
6 more rows

How much does Bank of America pay vice president small business bankers?

$143K (Median Total Pay)

The average Vice President Small Business Banker base salary at Bank of America is $114K per year. The average additional pay is $30K per year, which could include cash bonus, stock, commission, profit sharing or tips.

How much do Bank of America relationship bankers make?

$57K (Median Total Pay)

The estimated total pay range for a Relationship Banker at Bank of America is $51K–$66K per year, which includes base salary and additional pay. The average Relationship Banker base salary at Bank of America is $53K per year.

What is a day in the life of a senior banker?

Some of the daily responsibilities of a senior banker may include: Developing and maintaining relationships with key clients, such as corporations, governments, or high net worth individuals. Analyzing financial data and market trends to identify opportunities for clients.

Can bankers make 100k?

Analysts and associates at top banks can expect base salaries starting at $85,000 and bonuses from $40,000-$100,000. Key points include: Entry-level investment banking analysts straight out of undergraduate programs earn base salaries of approximately $85,000.

How old is the average banker?

The average banker age is 43 years old. The most common ethnicity of bankers is White (66.5%), followed by Asian (12.3%), Hispanic or Latino (11.4%) and Black or African American (5.5%).

What is the highest salary of a banker?

Highest Paying Bank Jobs in India – Summary
Job TitleSalary (Annual)
Bank Manager40 lakhs
Investment Banker70 lakhs
Foreign Exchange Trader65 lakhs
Relationship Manager40 lakhs – 60 lakhs
4 more rows
Oct 27, 2023

Does being a banker pay well?

Bank jobs generally come with good compensation. With a banking job, you can be sure of a steady source of income with high salaries. Depending on the job, you can earn upward of $30,000 in an entry-level role. Many higher-level jobs provide salaries of over $150,000.

How do you become a senior banker?

Key steps to become a senior banker
  1. Explore senior banker education requirements. ...
  2. Start to develop specific senior banker skills. ...
  3. Complete relevant senior banker training and internships. ...
  4. Research senior banker duties and responsibilities. ...
  5. Get senior banker experience. ...
  6. Prepare your senior banker resume.
Mar 14, 2024

What is the hardest bank to get a job from?

Ex-Goldman Sachs helping train students/recent grads to secure jobs in banking - 90% placement rate to banks like GS, UBS and JP. These are the 10 hardest investment banks to get a job at in the world🌍👇 1. JP Morgan 2. Goldman Sachs 3.

What is the best job to work at a bank?

High Paying Bank Jobs
  • Equity Research Associate. ...
  • Trade Analyst. ...
  • Bank Secrecy Act Officer. ...
  • Day Trader. ...
  • Trader. ...
  • Mortgage Branch Manager. Salary range: $64,000-$102,500 per year. ...
  • Regional Branch Manager. Salary range: $71,000-$102,000 per year. ...
  • Business Banking Officer. Salary range: $67,500-$102,000 per year.

What is the best job to have in a bank?

13 Best-Paying Jobs in Major Banks
  • Investment Banker. Investment banking is a lucrative career in the finance industry. ...
  • Financial Manager. Financial managers focus on preparing financial statements and activity reports. ...
  • Loan Officer. ...
  • Commercial Banker. ...
  • Equity Analyst. ...
  • Financial Advisor. ...
  • Investment Counselor. ...
  • Budget Analyst.
Nov 21, 2022

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