Financial Managers, Branch or Department at BOFA SECURITIES, INC. — H1B Salary Data
Salary Analysis: Financial Managers, Branch or Department at BOFA SECURITIES, INC.
BOFA SECURITIES, INC. has filed 16 H1B labor condition applications for Financial Managers, Branch or Department (SOC 11-3031) positions. The average salary offered on these applications is $314,063, with salaries ranging from $175,000 to $400,000.
Compared to the BLS national median salary of $146,970 for Financial Managers, Branch or Department, BOFA SECURITIES, INC.'s H1B salary offers are +113.7% 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 $207,050, 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. BOFA SECURITIES, INC. 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: BOFA SECURITIES, INC. vs BLS National Data
How does BOFA SECURITIES, INC.'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 | $314,063 | $171,280 |
| Minimum / 10th Percentile | $175,000 | $95,910 |
| Maximum / 90th Percentile | $400,000 | 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 BOFA SECURITIES, INC.
The following table shows recent labor condition applications filed by BOFA SECURITIES, INC. for Financial Managers, Branch or Department positions. There are 16 filings total.
| Case # | Status | Job Title | Salary | Location | Date |
|---|---|---|---|---|---|
| I-200-20192-708744 | Certified | Managing Director / Sr Investment Banker II | $400,000 – $400,000 | New York, NY | 2020-07-17 |
| I-200-19122-845640 | Certified | DIRECTOR; BFC PRODUCT LEAD | $175,000 | New York, NY | 2019-05-08 |
| I-202-19112-493125 | Certified | MANAGING DIRECTOR; BANKING COO - SPECIAL PROJECTS | $400,000 | NEW YORK, NY | 2019-04-30 |
| I-200-19098-809014 | Certified | DIRECTOR; SR SECURITIES/PRODUCT SLSPRSN | $250,000 | New York, NY | 2019-04-24 |
| I-203-19100-743868 | Certified | MANAGING DIRECTOR / PRODUCT HEAD | $400,000 | New York, NY | 2019-04-18 |
| I-200-19082-232686 | Certified | MANAGING DIRECTOR ; MANAGER/TEAM LEAD II-PROD SPEC | $400,000 | New York, NY | 2019-04-15 |
| I-200-19082-662132 | Certified | MANAGING DIRECTOR ; SR INVESTMENT BANKER II | $400,000 | Palo Alto, CA | 2019-04-15 |
| I-200-19082-442794 | Certified | VICE PRESIDENT ; STRUCTURER II | $200,000 | New York, NY | 2019-04-12 |
| I-200-19082-111580 | Certified | MANAGING DIRECTOR ; SR INVESTMENT BANKER II | $400,000 | New York, NY | 2019-04-12 |
| I-200-19082-795149 | Certified | DIRECTOR ; INVESTMENT BANKER V | $300,000 | New York, NY | 2019-04-12 |
| I-200-19082-017153 | Certified | VICE PRESIDENT ; PRODUCT SPECIALIST I | $250,000 | Chicago, IL | 2019-04-11 |
| I-200-19082-780970 | Certified | MANAGING DIRECTOR ; SR INVESTMENT BANKER II | $400,000 | New York, NY | 2019-04-11 |
| I-200-19082-408815 | Certified | VICE PRESIDENT ; STRUCTURER II | $200,000 | New York, NY | 2019-04-11 |
| I-200-19084-118472 | Certified | VICE PRESIDENT ; STRUCTURER II | $200,000 | New York, NY | 2019-04-11 |
| I-200-19082-197628 | Certified | VICE PRESIDENT ; INVESTMENT BANKER II | $250,000 | NEW YORK, NY | 2019-04-11 |
| I-200-19030-806691 | Certified | MANAGING DIRECTOR; PRODUCT HEAD | $400,000 | New York, NY | 2019-03-06 |
Other Positions at BOFA SECURITIES, INC.
Besides Financial Managers, Branch or Department, BOFA SECURITIES, INC. sponsors H1B workers for these occupations.
| Job Title | LCAs | Avg Salary | Market Median | vs Market |
|---|---|---|---|---|
| Financial and Investment Analysts | 382 | $169,482 | $76,540 | +121.4% Above Market |
| Software Developers, Applications | 103 | $145,187 | N/A | N/A |
| Operations Research Analysts | 83 | $157,937 | $82,920 | +90.5% Above Market |
| Software Developers | 23 | $181,645 | $102,420 | +77.4% Above Market |
| Risk Management Specialists | 18 | $196,389 | $85,290 | +130.3% 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 |