Quantitative Risk Analyst
Annual salary range
₹16.9 Lakhs - ₹48 Lakhs
Moderate Confidence 
Moderate Confidence means the data is based on a sufficient number of latest salaries.
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Filter salaries byQuantitative Risk Analyst Salary in Mumbai
based on 24
latest salaries
• updated:
2 Feb 2025
Select an experience to get the exact salary
Salary of majority employees
Experience wise Quantitative Risk Analyst salaries
| Years of experience | Avg. Annual Salary |
|---|---|
Fresher
(2
salaries)
|  ₹16.9 L/yr - ₹19 L/yr |
1
year
(4
salaries)
| ₹15 L/yr - ₹18.6 L/yr |
Login to view exact salary
| |
2
years
(3
salaries)
| ₹17 L/yr - ₹25.5 L/yr |
3
years
(5
salaries)
| ₹18.5 L/yr - ₹22 L/yr |
4
years
(3
salaries)
| ₹18 L/yr - ₹30 L/yr |
View all salaries by experience
Quantitative Risk Analyst Salary in
Mumbai ranges between ₹16.9
Lakhs to ₹48
Lakhs for
less than 1 year of experience to 8 years of experience
. Salary estimates are based on
24 latest salaries received
from Quantitative Risk Analyst.
See latest salaries
Quantitative Risk Analyst salaries in different departments
| Department | Avg Annual Salary |
|---|---|
Risk Management & Compliance
Quantitative Risk Analyst Salary
0 - 3
years
exp.
(6
salaries)
| ₹16.9 L/yr - ₹25.5 L/yr |
Login to view exact salary
| |
BFSI, Investments & Trading
Quantitative Risk Analyst Salary
1 - 7
years
exp.
(3
salaries)
| ₹18 L/yr - ₹35 L/yr |
Latest annual salaries shared by Quantitative Risk Analysts
6d ago
UBS
Quantitative Risk Analyst
1 year exp.
1w ago
Swiss Re
Quantitative Risk Analyst
6 years exp.
1w ago
FirstRand Bank
Quantitative Risk Analyst
6 years exp.
2w ago
Swiss Re
Quantitative Risk Analyst
2 years exp.
2w ago
Acuity Knowledge Partners
Quantitative Risk Analyst
2 years exp.
1mo ago
UBS
Quantitative Risk Analyst
1 year exp.
3mo ago
UBS
Quantitative Risk Analyst
1 year exp.
3mo ago
Evalueserve
Quantitative Risk Analyst
3 years exp.
5mo ago
Acuity Knowledge Partners
Quantitative Risk Analyst
1 year exp.
6mo ago
UBS
Quantitative Risk Analyst
3 years exp.
View all latest salaries
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
0 -
4
yrs
exp.
.
Mumbai
(14 salaries)
|
₹15 L/yr - ₹30 L/yr | |
6 -
11
yrs
exp.
.
Mumbai
(10 salaries)
|
₹18 L/yr - ₹48 L/yr | |
Login to view exact salary
| ||
0 -
3
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹18.9 L/yr - ₹24.2 L/yr | |
4 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹16.2 L/yr - ₹20.7 L/yr | |
2 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹23 L/yr - ₹29.3 L/yr | |
|
8 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹66.5 L/yr - ₹73.5 L/yr | |
12 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹40 L/yr - ₹51.1 L/yr | |
Quantitative Risk Analyst Jobs in Mumbai
Quantitative Risk Analyst
· 0-1 year
DWS Group
Pune
Quantitative Risk Analyst
· 5-10 years
Intuitive Apps
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| |
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years
exp.
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Salary related reviews by similar designations like Quantitative Risk Analyst
UBS
Analyst in Mumbai
• posted on 11 Dec 2018
Likes
Quality of work is good. Teammates are helpful. Good opportunities to learn.
- Skill development - Excellent
+5 more
Dislikes
Compensation is low compared to industry standard
UBS
Senior Analyst in Pune
• posted on 04 Feb 2018
Likes
Compensation is decent, work environment is good, work life balance can be maintained
read more- Salary - Good
+2 more
Dislikes
Office politics is at a big scale, structured training is missing
UBS
Business Analyst in Mumbai
• posted on 19 Apr 2021
Likes
Early adoption of new age technologies offers better learning opportunities. Compensation is better compared to other banks.
read more- Salary - Good
+2 more
Dislikes
Bad Planning and Project Management, High work-pressure with no growth. No appreciation and promotions are mostly political.
read more- Promotions - Poor
+1 more
UBS
Analyst in Hyderabad / Secunderabad
• posted on 02 May 2022
Likes
Very good work place. Very smart people to work with Very good salary and facilities to the employees Quality of work also very good. It was my first job and it was a very good experience
read more- Salary - Excellent
+6 more
Dislikes
Long work hours in investment banking
UBS
Business Analyst in Navi Mumbai
• posted on 06 Jun 2022
Likes
Team is well spread.. Flexible work hours.. great work-life balance... Very good package... Good people to work with
read more- Salary - Excellent
+5 more
Dislikes
A lot of regulations in place since it's a Bank. Yet to explore, so not much to mention.
Top skills for Quantitative Risk Analyst
Quantitative Risk Analyst Salary By Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Quantitative Risk Analyst
0 -
8
years
exp.
| ₹15 L/yr - ₹38 L/yr |
Banking
Quantitative Risk Analyst
3 -
8
years
exp.
| ₹15.5 L/yr - ₹35 L/yr |
Login to view exact salary
| |
IT Services & Consulting
Quantitative Risk Analyst
1 -
3
years
exp.
| ₹7 L/yr - ₹40 L/yr |
Analytics & KPO
Quantitative Risk Analyst
1 -
6
years
exp.
| ₹10 L/yr - ₹40 L/yr |
Insurance
Quantitative Risk Analyst
2 -
6
years
exp.
| ₹24 L/yr - ₹31 L/yr |
View More
Frequently Asked Questions about Quantitative Risk Analyst Salaries
What is the salary of a Quantitative Risk Analyst in India?
Salary for a Quantitative Risk Analyst in India ranges between ₹16.9 Lakhs to ₹48.0 Lakhs per year. Salary estimates are based on 24 latest salaries received from various Quantitative Risk Analysts across industries.
What is the starting salary for a Quantitative Risk Analyst in India?
Average starting Salary for Quantitative Risk Analyst in India is around ₹16.9 Lakhs per year (₹1.4L per month). No prior experience is required to be a Quantitative Risk Analyst.
What are the top paying industries for Quantitative Risk Analyst in India?
- Management Consulting - ₹44.4 Lakhs to 44.4 Lakhs per year
- Banking - ₹18.0 Lakhs to 48.0 Lakhs per year
- Investment Banking / Venture Capital / Private Equity - ₹25.5 Lakhs to 25.5 Lakhs per year
- Financial Services - ₹15.0 Lakhs to 30.0 Lakhs per year
What are the top paying cities for Quantitative Risk Analyst in India?
- Bangalore / Bengaluru - ₹20.0 Lakhs to 38.0 Lakhs per year
- Mumbai - ₹15.0 Lakhs to 70.0 Lakhs per year
- Navi Mumbai - ₹15.5 Lakhs to 16.5 Lakhs per year
- New Delhi - ₹7.0 Lakhs to 33.0 Lakhs per year
- Gurgaon / Gurugram - ₹10.0 Lakhs to 16.0 Lakhs per year
What are the popular/top skills required to become a Quantitative Risk Analyst?
These are the top skills of a Quantitative Risk Analyst based on 2 jobs posted by employers.
- SQL
- Python
- C++
- Risk Management
- Technical Documentation
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