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FirstRand Bank
4.1
based on 56 Reviews
Company Overview
Company Locations
Working at FirstRand Bank
Company Summary
FirstRand Bank operates in global finance, offering advisory and capital raising solutions to address client needs in investment banking.
Overall Rating
4.1/5
based on 56 reviews
8% above
industry average
Highly rated for
Salary, Work-life balance, Job security
Work Policy
Hybrid
100% employees reported
Monday to Friday
91% employees reported
Flexible timing
70% employees reported
No travel
62% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
4 employees reported
Job/Soft skill training
2 employees reported
International/On-site exposure
1 employee reported
Professional degree assistance
1 employee reported
View all benefits
About FirstRand Bank
Founded in2009 (16 yrs old)
India Employee Count51-200
Global Employee Count--
HeadquartersMumbai
Office Locations
--
Websitefirstrand.co.in
Primary Industry
Other Industries
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FirstRand India is a global investment bank. Provides M&A advisory and capital raising services to its clients.
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FirstRand Bank Ratings
based on 56 reviews
Overall Rating
4.1/5
How AmbitionBox ratings work?
5
33
4
15
3
4
2
1
1
3
Category Ratings
4.1
Salary
4.0
Work-life balance
3.8
Job security
3.8
Work satisfaction
3.7
Company culture
3.5
Skill development
3.5
Promotions
FirstRand Bank is rated 4.1 out of 5 stars on AmbitionBox, based on 56 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at FirstRand Bank
based on 53 reviews
3.8
Rated by 8 Women
Rated 3.8 for Company culture and 3.8 for Work satisfaction
4.1
Rated by 45 Men
Rated 4.1 for Salary and 4.0 for Work-life balance
Work Policy at FirstRand Bank
based on 13 reviews in last 6 months
Hybrid
100%
FirstRand Bank Reviews
Top mentions in FirstRand Bank Reviews
Compare FirstRand Bank with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.1/5 based on 56 reviews | 3.7/5 based on 4.8k reviews | 4.5/5 based on 6k reviews | 4.2/5 based on 11.8k reviews |
Highly Rated for | Salary Work-life balance Job security | No highly rated category | Job security Skill development Work-life balance | Skill development Work-life balance Salary |
Critically Rated for | No critically rated category | Promotions Work satisfaction | No critically rated category | No critically rated category |
Primary Work Policy | Hybrid 100% employees reported | Hybrid 78% employees reported | Work from office 89% employees reported | Work from office 87% employees reported |
Rating by Women Employees | 3.8 Good rated by 8 women | 3.6 Good rated by 1.4k women | 4.5 Good rated by 822 women | 4.2 Good rated by 1.3k women |
Rating by Men Employees | 4.1 Good rated by 45 men | 3.7 Good rated by 3.1k men | 4.5 Good rated by 5k men | 4.2 Good rated by 10k men |
Job security | 3.8 Good | 3.7 Good | 4.4 Good | 4.1 Good |
View more
FirstRand Bank Salaries
FirstRand Bank salaries have received with an average score of 4.1 out of 5 by 56 employees.
Java Developer
(36 salaries)
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₹11.1 L/yr - ₹30 L/yr
Credit Analyst
(19 salaries)
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₹8.7 L/yr - ₹34.9 L/yr
Senior Java Developer
(15 salaries)
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₹20 L/yr - ₹37 L/yr
Devops Engineer
(12 salaries)
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₹6.5 L/yr - ₹20 L/yr
Team Leader (Technical)
(12 salaries)
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₹17 L/yr - ₹43.5 L/yr
Quantitative Risk Analyst
(12 salaries)
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₹15.5 L/yr - ₹48 L/yr
Senior Software Engineer
(11 salaries)
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₹17.1 L/yr - ₹33 L/yr
Test Analyst
(9 salaries)
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₹11 L/yr - ₹19 L/yr
Quantitative Analyst
(9 salaries)
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₹12 L/yr - ₹39 L/yr
Data Engineer
(8 salaries)
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₹12 L/yr - ₹33.3 L/yr
FirstRand Bank News
FirstRand Adopts Fiserv’s Cloud-Based Banking Platform
- FirstRand Group, the largest financial institution in Africa, will adopt Fiserv's cloud-based banking platform, Finxact, to create modern and personalized banking experiences.
- Finxact will give FirstRand enhanced access to data and the ability to offer new and innovative products through their mobile app and internet banking investment.
- The move marks the first financial institution outside of the U.S. to move to Finxact, providing big opportunities for Finxact in the EMEA region.
- Fiserv is expecting organic revenue growth of 10% to 15% in 2025, driven by its merchant and financial solutions segments.
Pymnts | 6 Feb, 2025
This Week in Fintech: TFT Bi-Weekly News Roundup 06/02
- Outliers Venture Capital appoints Kenzie Falcoz as operating partner, leading platform and portfolio support initiatives.
- UK Islamic property finance fintech firm Offa makes multiple appointments to support its expansion.
- AI risk intelligence platform Ballerine appoints Cihat Fitzgerald as chief risk officer.
- Wealth management technology company Avaloq appoints Dr. Heiko Beck to oversee activities in Europe.
- AI-driven claims management platform Qantev partners with INSTANDA to improve automation and customer satisfaction in the insurance market.
- Healthcare financing provider PayMedix partners with XO Health to expand access to its solution for self-insured employers.
- Cross-border trade payment platform XTransfer and Ecobank Group collaborate to provide financial services to African SMEs.
- Digital wallet solution Kuady integrates with BridgerPay to offer seamless payment solutions across Latin America.
- ZA Bank partners with TransUnion to offer the TransUnion Credit Alert Service to retail users in Hong Kong for free.
- Fiserv to power the digital transformation of African bank Firstrand with its Finxact solution.
- Merchant risk and compliance management software company ZeroRisk raises $4 million in funding to expand globally.
- EU-authorised payment platform INXY Payments closes a $3 million investment round to simplify and secure crypto payments for businesses.
The Fintech Times | 6 Feb, 2025
Santander puts aside £295m for car loan mis-selling
- Santander UK has set aside £295m to cover potential payouts to car loan customers due to car loan mis-selling.
- The provision led to a decrease in the bank's pre-tax profits, falling to £143m in the third quarter.
- The court ruling went beyond the scope of the Financial Conduct Authority (FCA) investigation, potentially resulting in a larger compensation bill for motor loan providers.
- Lenders, including Santander UK, Close Brothers, FirstRand, Lloyds, and Barclays, are assessing their position and facing significant potential costs.
Guardian | 20 Nov, 2024
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FirstRand Bank FAQs
When was FirstRand Bank founded?
FirstRand Bank was founded in 2009. The company has been operating for 16 years primarily in the Banking sector.
Where is the FirstRand Bank headquarters located?
FirstRand Bank is headquartered in Mumbai.
How many employees does FirstRand Bank have in India?
FirstRand Bank currently has approximately 100+ employees in India.
Does FirstRand Bank have good work-life balance?
FirstRand Bank has a work-life balance rating of 4.0 out of 5 based on 50+ employee reviews on AmbitionBox. 86% employees rated FirstRand Bank 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read FirstRand Bank work-life balance reviews for more details
Is FirstRand Bank good for career growth?
Career growth at FirstRand Bank is rated fairly well, with a promotions and appraisal rating of 3.5. 86% employees rated FirstRand Bank 4 or above, while 14% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading FirstRand Bank reviews for more detailed insights.
What are the pros of working in FirstRand Bank?
Working at FirstRand Bank offers several advantages that make it an appealing place for employees. The company is highly rated for salary & benefits, work life balance and job security, based on 50+ employee reviews on AmbitionBox.
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