Business Analyst Salary at Velmie BETA

How much does a Velmie Business Analyst make?

As of April 2025, the average annual salary for a Business Analyst at Velmie is $93,956, which translates to approximately $45 per hour. Salaries for Business Analyst at Velmie typically range from $84,505 to $102,470, 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.

Website:
velmie.com
Size:
25 - 50 Employees
Revenue:
$5M - $10M
Industry:
Financial Services

Velmie is a seasoned banking software company with over a decade of experience, and it expanded its services in 2019 by developing a customizable solution for banks and fintech firms. Their product lineup includes an online banking system featuring a web-based management interface, user-friendly web and mobile apps, a cryptocurrency exchange solution, and a global remittance platform. Its new modern digital banking platform offers financial institutions opportunities for growth and innovation, enabling efficiency, digitalization, and robust security. Velmie has positioned itself as a strategic technology partner, helping firms leverage the potential unleashed by the disruption of open banking in the EU. The company identified a significant market in a region where a lot of people lack access to affordable and secure payment systems, making it a top priority to address this issue.

See similar companies related to Velmie

What Skills Does a person Need at Velmie?

At Velmie, 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. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  2. SQL: Structured Query Language) is a domain-specific language used in programming and designed for managing data held in a relational database management system (RDBMS), or for stream processing in a relational data stream management system (RDSMS).
  3. Insight: Insight is the understanding cause and effect based on the identification of relationships and behaviors within a model, context, or scenario.
  4. Data Analysis: Data analysis is a process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science, and social science domains. In today's business world, data analysis plays a role in making decisions more scientific and helping businesses operate more effectively. Data mining is a particular data analysis technique that focuses on modeling and knowledge discovery for predictive rather than purely descriptive purposes, while business intelligence covers data analysis that relies heavily on aggregation, focusing mainly on business information. In statistical applications, data analysis can be divided into descriptive statistics, exploratory data analysis (EDA), and confirmatory data analysis (CDA). EDA focuses on discovering new features in the data while CDA focuses on confirming or falsifying existing hypotheses. Predictive analytics focuses on application of statistical models for predictive forecasting or classification, while text analytics applies statistical, linguistic, and structural techniques to extract and classify information from textual sources, a species of unstructured data. All of the above are varieties of data analysis.
  5. Tableau: Using business intelligence software to perform data analysis, data visualization, and the BI process of an organization.

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Check more jobs information at Velmie

Job Title Average Velmie Salary Hourly Rate
2 Head of Sales & Marketing $289,798 $139
3 IT Recruiter $68,502 $33
4 Junior Business Analyst $63,262 $30
5 Senior UX & UI Designer $105,107 $51
6 Software Engineer $112,017 $54
7 Software Quality Assurance Engineer $79,328 $38
8 Team Lead $57,249 $28
9 Manager, Marketing $107,848 $52
10 Quality Assurance Engineer $66,981 $32
11 Sales Manager & Assistant $120,496 $58
12 Back End Developer $85,307 $41
13 Flutter Developer $95,317 $46

Hourly Pay at Velmie

The average hourly pay at Velmie for a Business Analyst is $45 per hour. The location, department, and job description all have an impact on the typical compensation for Velmie positions. The pay range and total remuneration for the job title are shown in the table below. Velmie may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $93,956 look to you?

FAQ about Salary and Jobs at Velmie

1. How much does Velmie pay per hour?
The average hourly pay is $45. 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 Velmie?
According to the data, the highest approximate salary is about $102,470 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 Velmie?
According to the data, the lowest estimated salary is about $84,505 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.