Highest Paying Jobs At Bank of America: Top Bank of America Salaries for 2026
Research Summary: Utilizing comprehensive data from government resources and a wealth of job postings, our Zippia experts have pinpointed high-earning positions at Bank of America along with their average annual salaries. Our team has analyzed this data to present salary estimates for various roles at Bank of America.
Here’s a concise summary of our findings regarding the highest-paying jobs at Bank of America:
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Finance Vice President is the highest-paying position at Bank of America, boasting an average salary of $121,014 and an hourly rate of $58.18.
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The second highest-paying role is the Consultant Systems Engineer, with an average salary of $111,949.
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The average annual salary for Bank of America employees stands at $53,211, translating to an average hourly wage of $25.58.
Table Of Contents: Background | Table | Methodology | FAQs
Background
Many individuals have a specific company in mind they aspire to work for, sometimes even before deciding on a particular role. If you are interested in a career at Bank of America, understanding the highest-paid positions can be beneficial in determining your application strategy.
How much can you expect to earn at Bank of America? Employee salaries at Bank of America can vary based on role, experience, and location. However, several standout jobs consistently offer higher compensation. Below are some of the top salaries at Bank of America:
Below is a detailed table showcasing the highest-paying jobs at Bank of America, followed by an explanation of our methodology.
Highest Paying Jobs At Bank of America
| Rank | Job Title | Average Salary |
|---|---|---|
| 1 | Finance Vice President | |
| 2 | Consultant Systems Engineer | |
| 3 | Banking Center Manager | |
| 4 | Senior Software Engineer | |
| 5 | Senior Java Developer | |
| 6 | Support Lead | |
| 7 | Lead Operator | |
| 8 | Technical Associate | |
| 9 | Assistant Vice President Operations | |
| 10 | Account Executive | |
| 11 | Team Leader | |
| 12 | Business Analyst | |
| 13 | Customer Relationship Manager | |
| 14 | Fraud Analyst | |
| 15 | Finance Advisor | |
| 16 | Operation Supervisor | |
| 17 | Mortgage Underwriter | |
| 18 | Specialist-Small Business | |
| 19 | Service Specialist | |
| 20 | Loan Processor |
Methodology
Zippia leverages publicly available data from government sources such as the Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC), and the Office of Personnel Management (OPM) to formulate salary estimates.
Our data science team also validates job postings and company-released information to ensure the salary data is current and accurate.
After compiling the data, a weighted average is calculated for each job title. For further insights into our salary estimation processes, please refer to our detailed methodology.
FAQs About the Highest Paying Jobs At Bank of America
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What is the highest-paid job at Bank of America?
The highest-paid position is that of a Finance Vice President. This role commands an average salary of $121,014, or approximately $58.18 per hour.
The top 10 highest-paid jobs at Bank of America include:
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What is a good salary at Bank of America?
A good salary at Bank of America is considered to be above $53,211 per year. This figure represents the average salary at Bank of America, so if you earn more than this, you are generally doing well.
However, this average may not suffice for all positions, so it’s essential to compare your salary with industry standards based on your role, skills, and experience. If you discover that your salary is below average, it may be worth discussing a raise or exploring ways to advance within the company.
Keep in mind that salaries can vary by location, as Bank of America, like many companies, adjusts its pay structures based on the cost of living in different regions. For instance, a Bank of America employee in New York is likely to earn more than their counterparts in the Midwest.
To gauge your salary’s competitiveness, check the average salaries for Bank of America employees in your area.
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Do jobs at Bank of America pay well?
Generally, jobs at Bank of America are competitive in pay. The average starting salary is approximately $26,000 annually, or $12.50 per hour. The overall average salary at Bank of America is $53,211 per year ($25.58 per hour), which is about 1.2 times the average national salary of approximately $44,225 per year.
In comparison, Merrill Lynch, a key competitor of Bank of America, offers an average salary of $87,121 per year or $41.89 per hour. This represents a significant difference—about $33,910 more annually and $16.30 more per hour than Bank of America’s averages.
In conclusion, understanding the salary landscape at Bank of America can empower potential candidates to make informed career decisions. With a focus on high-paying positions, candidates can strategically navigate their career paths and seek opportunities that align with their financial goals.
Author
Chris Kolmar is a co-founder of Zippia and the editor-in-chief of the Zippia career advice blog. He has hired over 50 people in his career, been hired five times, and wants to help you land your next job. His research has been featured on the New York Times, Thrillist, VOX, The Atlantic, and a host of local news. More recently, he's been quoted on USA Today, BusinessInsider, and CNBC.
