Assistant Vice President Salary at Bank Of America Private Bank BETA

How much does a Bank Of America Private Bank Assistant Vice President make?

As of April 2025, the average annual salary for an Assistant Vice President at Bank Of America Private Bank is $68,719, which translates to approximately $33 per hour. Salaries for Assistant Vice President at Bank Of America Private Bank typically range from $61,875 to $75,469, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Bank of America Private Bank Overview

Website:
privatebank.bankofamerica.com
Size:
100 - 200 Employees
Revenue:
$10M - $50M
Industry:
Financial Services

Bank of America Private Bank is a wealth management company founded in 1853 and headquartered in New York City, New York.

See similar companies related to Bank Of America Private Bank

What Skills Does a person Need at Bank Of America Private Bank?

At Bank Of America Private Bank, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  2. Administrative Support: Administrative support means technical assistance, studies, surveys, or securing volunteers to assist the department in fulfilling its administrative responsibilities.
  3. Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.
  4. Scheduling: Scheduling is the process of arranging, controlling and optimizing work and workloads in a production process or manufacturing process.
  5. Attention to Detail: Executing and completing a task with a high level of accuracy.

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Check more jobs information at Bank Of America Private Bank

Job Title Average Bank Of America Private Bank Salary Hourly Rate
2 Managing Director $905,752 $435
3 Portfolio Manager $126,298 $61
4 Summer Analyst $85,241 $41
5 Trust Officer $71,222 $34
6 Banking Officer $95,266 $46
7 Private Bank Associate $84,863 $41
8 Trust Officer II $95,168 $46
9 Managing Director Market Leader $222,127 $107
10 Trust Officer I $71,222 $34
11 Wealth Management Analyst $93,250 $45
12 Administrative Assistant $57,151 $27

Hourly Pay at Bank Of America Private Bank

The average hourly pay at Bank Of America Private Bank for an Assistant Vice President is $33 per hour. The location, department, and job description all have an impact on the typical compensation for Bank Of America Private Bank positions. The pay range and total remuneration for the job title are shown in the table below. Bank Of America Private Bank may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $68,719 look to you?

FAQ about Salary and Jobs at Bank Of America Private Bank

1. How much does Bank Of America Private Bank pay per hour?
The average hourly pay is $33. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Bank Of America Private Bank?
According to the data, the highest approximate salary is about $75,469 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Bank Of America Private Bank?
According to the data, the lowest estimated salary is about $61,875 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.