Risk Manager
Annual salary range
₹4.5 Lakhs - ₹28.3 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byRisk Manager Salary in Mumbai (Updated 2025)
based on 486
latest salaries
• updated:
19 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Risk Manager Salary in Mumbai ranges between ₹4.5 Lakhs to ₹28.3 Lakhs for 2 years of experience to 14 years of experience. Salary estimates are based on 486 latest salaries received from Risk Manager.
Explore on this page
Top paying companies
Popular companies
Latest annual salaries
Salaries by experience
Jobs
available
Similar designations
Salary related reviews
Top interview questions
| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
American Express Risk Manager Salary
5 years exp |  | 3 job openings |
UBS Risk Manager Salary
5 years exp | | |
 Risk Manager Salary
5 years exp | | |
 Risk Manager Salary
5 years exp | | |
 Risk Manager Salary
5 years exp | | 17 job openings |
Is this list helpful? | ||
View more companies
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
15 -
17
yrs
exp.
.
Mumbai
(3 salaries)
|
₹19.7 L/yr - ₹24 L/yr | |
16 -
18
yrs
exp.
.
Mumbai
(3 salaries)
|
₹18 L/yr - ₹18.5 L/yr | |
Login to view exact salary
| ||
2 -
4
yrs
exp.
.
Mumbai
(3 salaries)
|
₹10.9 L/yr - ₹18.8 L/yr | |
8 -
10
yrs
exp.
.
Mumbai
(3 salaries)
|
₹19.1 L/yr - ₹28 L/yr | |
5 -
11
yrs
exp.
.
Mumbai
(3 salaries)
|
₹7 L/yr - ₹10 L/yr | |
15 -
16
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹5.5 L/yr - ₹7 L/yr | |
17 -
18
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹18 L/yr - ₹23 L/yr | |
|
8 -
10
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹13.5 L/yr - ₹18 L/yr | 17 job openings |
Login to view exact salary
| ||
5 -
6
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹13.3 L/yr - ₹17 L/yr | |
Latest annual salaries shared by Risk Managers
1d ago
Nykaa
Risk Manager
9 years exp.
2d ago
Amazon
Risk Manager
9 years exp.
2d ago
Amazon
Risk Manager
5 years exp.
2d ago
Bank of Maharashtra
Risk Manager
7 years exp.
3d ago
Teleperformance
Risk Manager
12 years exp.
3d ago
Indian Bank
Risk Manager
6 years exp.
3d ago
American Express
Risk Manager
6 years exp.
4d ago
Bajaj Finserv
Risk Manager
7 years exp.
4d ago
Philips
Risk Manager
8 years exp.
4d ago
Satya MicroCapital
Risk Manager
14 years exp.
View all latest salaries
Risk Manager salaries by
| Years of experience | Avg. annual salary |
|---|---|
2
years
(45
salaries)
| ₹3.8 L/yr - ₹21 L/yr |
3
years
(40
salaries)
| ₹3 L/yr - ₹24.5 L/yr |
Login to view exact salary
| |
4
years
(36
salaries)
| ₹6 L/yr - ₹21.5 L/yr |
5
years
(62
salaries)
| ₹6.9 L/yr - ₹25.8 L/yr |
6
years
(46
salaries)
| ₹6.7 L/yr - ₹25 L/yr |
View all salaries by experience
Risk Manager Jobs in Mumbai
Risk Manager
· 2-5 years
Amazon India Software Dev Centre Pvt Ltd
Hyderabad / Secunderabad
Risk Manager
· 6-10 years
Muthoot FinCorp (MFL)
Chennai
Risk Manager
· 8-10 years
American Express Company
Gurgaon / Gurugram
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Senior Manager Salary
6 -
20
years
exp.
(30k salaries)
| ₹8 L/yr - ₹36 L/yr |
Manager Salary
4 -
16
years
exp.
(48.8k salaries)
| ₹5 L/yr - ₹29.4 L/yr |
Login to view exact salary
| |
Audit Manager Salary
1 -
11
years
exp.
(1k salaries)
| ₹3 L/yr - ₹24 L/yr |
Finance Manager Salary
3 -
18
years
exp.
(3.9k salaries)
| ₹5.2 L/yr - ₹33 L/yr |
Branch Manager Salary
4 -
17
years
exp.
(2.6k salaries)
| ₹3.1 L/yr - ₹22.5 L/yr |
View more similar designations
Salary related reviews by similar designations like Risk Manager
Axis Bank
Deputy Manager in Bangalore / Bengaluru
• posted on 24 Jan 2025
Likes
Skill development compared to other bank axis provide good learnings
- Job security - Good
Dislikes
Axis gives less salary compared to other bank and also high work pressure and high pressure to cross sell and make employees to run behind the customer and its make Customer to get irritated
read more- Work satisfaction - Poor
+2 more
ICICI Bank
Deputy Manager in KURNOOL LADDAGIRI
• posted on 17 Dec 2024
Likes
A great place for growth, but work -life balance can be a challenge. ICICI Bank provides excellent learning opportunities for career growth, especially for those starting out in banking and finance. structured training programs and a focus on skill development.
read more- Salary - Excellent
+6 more
Amazon
Associate
• posted on 05 Dec 2024
Likes
On time salary as i have worked in go ai operations on contractual basis so i can't say about promotions coming to salary part its not great but yeah average
read more- Salary - Good
+2 more
Dislikes
Too much unnecessary targets for the salary we get , micromanagement by managers . No carrer development in operations so better think before joining
read more- Skill development - Poor
HDFC Bank
Assistant Manager in Lucknow
• posted on 12 Jan 2025
Likes
Salary on time.
- Work-life balance - Good
Dislikes
Good but,very High pressure for operation staff for sales work with,sales target of casa,fd, insurance,sip, other, In this organization there is nothing in operation work in retail branch banking. If sales pressure trun off from service satff then no job is better of it.
read more- Promotions - Poor
+1 more
IDFC FIRST Bank
Deputy Manager in Mumbai
• posted on 02 Feb 2025
Top skills for Risk Manager
Risk Manager Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
Bangalore / Bengaluru
Risk Manager
2 -
14
years
exp.
| ₹6 L/yr - ₹34 L/yr |
New Delhi
Risk Manager
2 -
14
years
exp.
| ₹3.5 L/yr - ₹31 L/yr |
Login to view exact salary
| |
Hyderabad / Secunderabad
Risk Manager
2 -
14
years
exp.
| ₹3.6 L/yr - ₹24 L/yr |
Gurgaon / Gurugram
Risk Manager
2 -
14
years
exp.
| ₹6.1 L/yr - ₹39.5 L/yr |
Pune
Risk Manager
2 -
14
years
exp.
| ₹4 L/yr - ₹30 L/yr |
View More
Risk Manager Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Risk Manager
2 -
14
years
exp.
| ₹3.3 L/yr - ₹32 L/yr |
Banking Risk Manager
2 -
14
years
exp.
| ₹5 L/yr - ₹25 L/yr |
Login to view exact salary
| |
NBFC Risk Manager
2 -
14
years
exp.
| ₹2.7 L/yr - ₹18 L/yr |
Internet Risk Manager
2 -
14
years
exp.
| ₹5 L/yr - ₹31 L/yr |
IT Services & Consulting Risk Manager
3 -
14
years
exp.
| ₹6.5 L/yr - ₹33.3 L/yr |
View More
Frequently Asked Questions (FAQS) about Risk Manager Salaries
What is the salary of a Risk Manager in India?
The salary of a Risk Manager in India varies based on experience, location, company & Industry.
On average, Risk Manager salaries ranges from ₹4.5 Lakhs to ₹28.3 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹4.5 Lakhs to ₹28.3 Lakhs per year, with the highest salary reaching ₹21.5 Lakhs to ₹47.0 Lakhs per year. Salary estimates are based on 486 salaries received from various Risk Managers across industries.
The average starting salary is around ₹4.5 Lakhs to ₹28.3 Lakhs per year, with the highest salary reaching ₹21.5 Lakhs to ₹47.0 Lakhs per year. Salary estimates are based on 486 salaries received from various Risk Managers across industries.
What are the top paying companies that employ Risk Managers?
Risk Manager Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| American Express Risk Manager Salary | ₹21.5 Lakhs to ₹47 Lakhs per year |
| UBS Risk Manager Salary | ₹10 Lakhs to ₹25.8 Lakhs per year |
| Amazon Development Centre India Risk Manager Salary | ₹11 Lakhs to ₹20 Lakhs per year |
| HSBC Group Risk Manager Salary | ₹6 Lakhs to ₹15 Lakhs per year |
| Amazon Risk Manager Salary | ₹6.5 Lakhs to ₹24 Lakhs per year |
What are the top paying cities for Risk Manager in India?
The annual salary for Risk Manager in India varies by location. Top paying cities for Risk Manager are
Salary expectations for Risk Manager may vary based on job roles, experience, and specific employer requirements.
| Risk Manager Salary in Bangalore / Bengaluru | ₹6.0 Lakhs to ₹34.0 Lakhs per year |
| Risk Manager Salary in New Delhi | ₹3.5 Lakhs to ₹31.0 Lakhs per year |
| Risk Manager Salary in Hyderabad / Secunderabad | ₹3.6 Lakhs to ₹24.0 Lakhs per year |
| Risk Manager Salary in Gurgaon / Gurugram | ₹6.1 Lakhs to ₹39.5 Lakhs per year |
| Risk Manager Salary in Pune | ₹4.0 Lakhs to ₹30.0 Lakhs per year |
What are the top paying industries for Risk Manager in India?
Top 5 paying Industries for Risk Manager in India are:
| Risk Manager Salary in Financial Services | ₹3.3 Lakhs to ₹32.0 Lakhs per year |
| Risk Manager Salary in Banking | ₹5.0 Lakhs to ₹25.0 Lakhs per year |
| Risk Manager Salary in NBFC | ₹2.7 Lakhs to ₹18.0 Lakhs per year |
| Risk Manager Salary in Internet | ₹5.0 Lakhs to ₹31.0 Lakhs per year |
| Risk Manager Salary in IT Services & Consulting | ₹6.5 Lakhs to ₹33.3 Lakhs per year |
How does experience affect salaries of a Risk Manager in India?
Experience significantly impacts a Risk Manager salary in India. Salaries increase with experience, as Risk Manager take on more complex tasks, responsibilities, and leadership roles.
Risk Manager salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹3.8 Lakhs to ₹21.0 Lakhs per year |
| 3 years | ₹3.0 Lakhs to ₹24.5 Lakhs per year |
| 4 years | ₹6.0 Lakhs to ₹21.5 Lakhs per year |
| 5 years | ₹6.9 Lakhs to ₹25.8 Lakhs per year |
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