Financial Managers, Branch or Department at Bank of America NA — H1B Salary Data
Salary Analysis: Financial Managers, Branch or Department at Bank of America NA
Bank of America NA has filed 40 H1B labor condition applications for Financial Managers, Branch or Department (SOC 11-3031) positions. The average salary offered on these applications is $211,696, with salaries ranging from $85,000 to $450,000.
Compared to the BLS national median salary of $146,970 for Financial Managers, Branch or Department, Bank of America NA's H1B salary offers are +44.0% Above Market. This comparison helps assess whether the employer's compensation is competitive with the broader market rate for this occupation. The prevailing wage for this role is a key factor in H1B salary determinations.
The average prevailing wage on these applications is $147,453, which represents the Department of Labor's benchmark for this occupation and work location. Understanding the relationship between offered salary and prevailing wage is critical for H1B compliance.
Nationally, Financial Managers, Branch or Department positions have 17,357 total H1B filings with an average salary of $153,237. Bank of America NA is one of multiple employers sponsoring H1B workers for this role. View the H1B visa guide for details on sponsorship eligibility and the approval process.
Salary Comparison: Bank of America NA vs BLS National Data
How does Bank of America NA's H1B salary for Financial Managers, Branch or Department compare to the Bureau of Labor Statistics national wage distribution? This table shows the employer's offered salary alongside BLS benchmarks.
| Metric | Employer (H1B) | BLS National |
|---|---|---|
| Average / Mean | $211,696 | $171,280 |
| Minimum / 10th Percentile | $85,000 | $95,910 |
| Maximum / 90th Percentile | $450,000 | N/A |
| Median | — | $146,970 |
BLS data represents national salary distribution for Financial Managers, Branch or Department across all industries. Total national employment: 1,040 workers. Source: Bureau of Labor Statistics, Occupational Employment and Wage Statistics.
Recent H1B Filings: Financial Managers, Branch or Department at Bank of America NA
The following table shows recent labor condition applications filed by Bank of America NA for Financial Managers, Branch or Department positions. There are 44 filings total.
| Case # | Status | Job Title | Salary | Location | Date |
|---|---|---|---|---|---|
| I-200-22227-415900 | Certified | Managing Director; Treasury Sales Officer III | $250,000 – $250,000 | Dallas, TX | 2022-08-22 |
| I-200-21211-492807 | Certified | Managing Director / Finance Exec | $450,000 – $450,000 | Charlotte, NC | 2021-08-06 |
| I-200-19151-363463 | Certified | DIRECTOR / SR QUANTITATIVE FINANCE MGR | $215,000 | New York, NY | 2019-06-12 |
| I-200-19122-040076 | Certified | DIRECTOR; BFC PRODUCT LEAD | $175,000 | New York, NY | 2019-05-08 |
| I-200-19057-316448 | Certified | MANAGING DIRECTOR; FINANCE EXECUTIVE | $450,000 | Charlotte, NC | 2019-03-09 |
| I-200-18130-741892 | Certified | DIRECTOR; BFC PRODUCT LEAD | $175,000 | NEW YORK, NY | 2018-05-17 |
| I-200-18068-672964 | Certified | DIRECTOR; INTERNATIONAL CREDIT PRODUCT EXECUTIVE | $195,317 | KEY WEST, FL | 2018-03-16 |
| I-200-17096-753575 | Certified | DIRECTOR; MO PROD CNTRL LEAD MKTS | $200,000 | NEW YORK, NY | 2017-12-18 |
| I-200-17297-138246 | Certified | VP; MO PROD CNTRL PROF MKTS | $103,000 | CHICAGO, IL | 2017-11-01 |
| I-200-17082-755928 | Certified | SENIOR VICE PRESIDENT, SENIOR AUDIT MANAGER | $154,200 | CHARLOTTE, NC | 2017-03-29 |
| I-200-17044-334309 | Certified | VP; MANAGER - FINANCE BUSINESS SUPPORT - CAPITAL MARKETS | $130,000 | NEW YORK, NY | 2017-02-22 |
| I-203-16188-240808 | Withdrawn | MANAGING DIRECTOR, GLOBAL HEAD OF FX FORWARDS | $390,000 – $410,000 | NEW YORK, NY | 2016-10-17 |
| I-203-16145-797368 | Certified | DIRECTOR, CAPITAL MANAGEMENT - SENIOR FINANCE MANAGER | $240,000 – $260,000 | CHARLOTTE, NC | 2016-06-01 |
| I-200-16077-587633 | Certified | MANAGING DIRECTOR, COUNTERPARTY CREDIT RISK MANAGER | $240,000 – $260,000 | NEW YORK, NY | 2016-03-23 |
| I-200-16039-920068 | Certified | SVP; BUSINESS EXEC OPS | $325,000 – $345,000 | NEW YORK, NY | 2016-02-16 |
| I-203-15128-847852 | Certified | DIRECTOR; SENIOR TRADE | N/A | NEW YORK, NY | 2015-05-16 |
| I-200-15056-187346 | Certified | MNG. DIR., REG. HEAD OF ISB & CORP SALES GTS, LATIN AMERICA | N/A | MIAMI, FL | 2015-03-13 |
| I-200-15034-020136 | Certified | VP; CORP INV FINANCIAL ANALYST | N/A | CALABASAS, CA | 2015-02-13 |
| I-200-14084-215118 | Certified | VP; PROFIT AND LOSS AND BUSINESS CONTROLLER | N/A | NEW YORK, NY | 2014-10-27 |
| I-200-14239-475340 | Certified | DIRECTOR; CAPITAL MGMT.-FINANCE MGR. | $190,000 – $210,000 | NEW YORK, NY | 2014-09-16 |
| I-203-14188-866583 | Certified | ASSOCIATE | $125,000 | LOS ANGELES, CA | 2014-07-14 |
| I-203-14089-484815 | Certified | MANAGING DIRECTOR; GLOBAL HEAD OF FX FORWARDS | $350,000 – $450,000 | NEW YORK, NY | 2014-05-21 |
| I-200-13197-425301 | Certified | SENIOR VICE PRESIDENT | $350,000 – $370,000 | NEW YORK, NY | 2013-07-23 |
| I-200-13130-538533 | Certified | SVP, QUANTITATIVE FINANCE MANAGER | $150,000 – $170,000 | NEW YORK, NY | 2013-05-16 |
| I-200-13114-062327 | Certified | VP, OPERATIONS RESEARCH MANAGER | $110,000 – $130,000 | CALABASAS, CA | 2013-05-03 |
| I-200-13072-948689 | Certified | VICE PRESIDENT | $170,000 – $180,000 | NEW YORK, NY | 2013-04-24 |
| I-203-12289-200373 | Certified | DIRECTOR, GMO SENIOR PROJECT MANAGER | $240,000 – $260,000 | NEW YORK, NY | 2012-10-19 |
| I-203-11165-971463 | Certified | DIRECTOR, SENIOR FINANCE MANAGER | $215,000 – $235,000 | NEW YORK, NY | 2011-07-01 |
| I-200-11132-590887 | Certified | VP; SR. RISK MANAGEMENT ANALYST | $90,000 – $110,000 | CHARLOTTE, NC | 2011-05-23 |
| I-200-11075-614724 | Certified | VICE PRESIDENT, MANAGER, FINANCE BUSINESS SUPPORT | $130,000 – $150,000 | NEW YORK, NY | 2011-03-23 |
| I-200-11056-372149 | Certified | SENIOR CHANGE MANAGER | $140,000 – $160,000 | NEW YORK, NY | 2011-03-07 |
| I-200-10323-422976 | Certified | MANAGING DIRECTOR | $390,000 – $410,000 | NEW YORK, NY | 2010-11-26 |
| I-200-10313-980929 | Denied | MANAGING DIRECTOR | $390,000 – $410,000 | NEW YORK, NY | 2010-11-15 |
| I-200-10279-260622 | Certified | MANAGER, MANAGEMENT ACCOUNTING | $125,000 – $145,000 | JERSEY CITY, NJ | 2010-10-15 |
| I-203-10273-598368 | Certified | DIRECTOR, GMO SENIOR PROJECT MANAGER | $220,625 – $240,625 | NEW YORK, NY | 2010-10-07 |
| I-200-10239-508540 | Certified | DIRECTOR, VAR PRODUCT MANAGER | $340,000 – $360,000 | NEW YORK, NY | 2010-09-02 |
| I-200-10226-365795 | Certified | MANAGER, FINANCE BUSINESS SUPPORT, CAPITAL MARKETS | $140,000 – $160,000 | NEW YORK, NY | 2010-08-25 |
| I-200-10187-594110 | Certified | VP; GLOBAL LIQUIDITY RISK MANAGEMENT | $140,000 – $160,000 | CHARLOTTE, NC | 2010-07-15 |
| I-200-10134-779173 | Certified | SENIOR VICE PRESIDENT, PRIVATE CLIENT MANAGER II | $150,000 | NEW YORK, NY | 2010-05-21 |
| I-203-10021-986631 | Certified | GLOBAL LARGE CORPORATE TREASURY PRODUCT DELIVERY E | $186,181 – $375,000 | NEW YORK, NY | 2010-01-27 |
| I-200-09317-289899 | Certified | MANAGER- CORPORATE PLANNING | $105,000 – $125,000 | WILMINGTON, DE | 2009-12-30 |
| I-200-09315-860512 | Certified | VICE PRESIDENT, APPLICATIONS QA MANAGER - CAPMKT | $85,000 – $105,000 | CHICAGO, IL | 2009-11-19 |
| I-200-09267-146651 | Certified | TRUST AND FUND SERVICES MANAGER / VICE PRESIDENT | $100,500 – $120,500 | CHICAGO, IL | 2009-10-15 |
| I-200-09267-080233 | Certified | PRINCIPAL, P & L AND RISK CONTROL SENIOR MANAGER | $143,000 – $163,000 | CHICAGO, IL | 2009-10-07 |
Other Positions at Bank of America NA
Besides Financial Managers, Branch or Department, Bank of America NA sponsors H1B workers for these occupations.
| Job Title | LCAs | Avg Salary | Market Median | vs Market |
|---|---|---|---|---|
| Software Developers, Applications | 2,898 | $112,193 | N/A | N/A |
| Operations Research Analysts | 1,365 | $104,124 | $82,920 | +25.6% Above Market |
| Financial and Investment Analysts | 582 | $120,969 | $76,540 | +58.0% Above Market |
| Computer Systems Analysts | 501 | $94,479 | N/A | N/A |
| Software Developers | 438 | $157,637 | $102,420 | +53.9% Above Market |
Other Employers Hiring Financial Managers, Branch or Department
These employers also sponsor H1B workers for Financial Managers, Branch or Department positions. Compare salary offers across different companies.
| Employer | State | LCAs | Avg Salary | Market Median | vs Market |
|---|---|---|---|---|---|
| Microsoft Corporation | WI | 360 | $117,372 | $146,970 | -20.1% Below Market |
| Citibank, N.A. | TX | 262 | $145,041 | $146,970 | -1.3% At Market |
| JPMorgan Chase& Co. | NY | 210 | $218,845 | $146,970 | +48.9% Above Market |
| Goldman, Sachs & Co. | UT | 179 | $245,242 | $146,970 | +66.9% Above Market |
| Amazon.com Services, LLC | WA | 169 | $137,616 | $146,970 | -6.4% Below Market |