Bajaj Finserv Mumbai Risk Manager Salaries by 3 Employees (Updated 2025)

2 - 7 years exp.

₹7.2 Lakhs - ₹11 Lakhs

Low Confidence

Salary of majority employees

42% less than the average Risk Manager Salary in Financial Services Companies for 2 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Risk Manager Salary 2 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹10 L/yr
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Data Science & Analytics Risk Manager Salary 4 years exp. (AmbitionBox Estimate)	₹7.8 L/yr - ₹11 L/yr

Last Updated: 31 Dec 2024

Companies similar to Bajaj Finserv for Risk Manager in Mumbai

Bajaj Finserv Risk Manager Salary

2 - 7 years exp. (3 salaries)

₹7.2 L/yr - ₹11 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Risk Manager Salary 2 - 6 years exp. (4 salaries)	₹7 L/yr - ₹15 L/yr 44% more
Tata AIG Risk Manager Salary 5 - 8 years exp. (3 salaries)	₹10 L/yr - ₹12 L/yr 36% more
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ICICI Bank Risk Manager Salary 1 - 6 years exp. (28 salaries)	₹9.5 L/yr - ₹24 L/yr 93% more
HDFC Bank Risk Manager Salary 1 - 9 years exp. (22 salaries)	₹7 L/yr - ₹19.6 L/yr 40% more
Axis Bank Risk Manager Salary 1 - 17 years exp. (21 salaries)	₹7.2 L/yr - ₹20 L/yr 76% more	1 job opening
UBS Risk Manager Salary 3 - 10 years exp. (16 salaries)	₹14.5 L/yr - ₹34.5 L/yr 234% more
Kotak Mahindra Bank Risk Manager Salary 1 - 11 years exp. (11 salaries)	₹6.4 L/yr - ₹10.8 L/yr 6% more
Morgan Stanley Risk Manager Salary 2 - 5 years exp. (6 salaries)	₹11 L/yr - ₹24.3 L/yr 147% more
Mahindra Finance Risk Manager Salary 6 - 17 years exp. (5 salaries)	₹17.1 L/yr - ₹25.3 L/yr 178% more
BNP Paribas Risk Manager Salary 9 - 13 years exp. (5 salaries)	₹10.5 L/yr - ₹23.6 L/yr 139% more
State Bank of India Risk Manager Salary 5 - 11 years exp. (4 salaries)	₹18 L/yr - ₹27 L/yr 155% more
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JPMorgan Chase & Co. Risk Manager Salary 6 - 15 years exp. (4 salaries)	₹7 L/yr - ₹30 L/yr 115% more
Motilal Oswal Financial Services Risk Manager Salary 10 - 12 years exp. (3 salaries)	₹4 L/yr - ₹6.1 L/yr 40% less

Risk Manager salary at Bajaj Finserv ranges between ₹7.2 Lakhs to ₹11 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of Bajaj Finserv.

Experience wise Bajaj Finserv Risk Manager salaries in Mumbai

Last Updated: 31 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹10 L/yr
3 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
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4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹11 L/yr
5 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
6 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.5 L/yr
7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹10 L/yr

View all

Similar Designation salaries in Bajaj Finserv

Team Lead Salary

(9 salaries)

₹2.4 L/yr - ₹5 L/yr

Top skills at Bajaj Finserv for Risk Manager

Risk Analysis Risk Management Credit Cards Financial Risk Management Risk Analytics Risk Control Risk Assessment Analytical Ability Senior Management Presentation Skills Policy Making Cards Retail Liabilities Policy Management Risk Evaluation

Salary related reviews for Bajaj Finserv

Deputy Manager (working remotely)

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 30 Nov 2024

5.0

for Salary and Benefits

Likes

Some say that Bajaj Finserv is a good place to work because of its competitive compensation, opportunities for career growth, and supportive work environment: Compensation Some say that Bajaj Finserv offers good

Dislikes

Some say the work culture is toxic and aggressive, and that there is a lack of work-life balance. Others say that managers abuse employees.

Finance Executive in Pune

Full Time

Finance & Accounting Department

4.0

• posted on 30 Nov 2024

5.0

for Salary and Benefits

Likes

Work and experience is very high level and salary and incentive next leven but office politics is very high level no stuck promotion and manger support zero pressure hight level.

Dislikes

Working culture is very boring and must pressur be like manger will more pressure me how to you do bussiness and conversion

Collections Manager in Kozhikode

Full Time

Finance & Accounting Department

1.0

• posted on 28 Nov 2024

1.0

for Salary and Benefits

Likes

No likes

Dislikes

...ht also concall tourchering. Acms forces to make fund in month end . Full loss. Bajaj lending money to customers without looking repayment capacity, and recruiting Collection RO s and force them to pay customers debts 😃. I only worked 1 year, in Major location . I lost lots of money . Now I resigned , now new pigs are ready for them .there only 1 relaxation no strict office timing , wherever getting tourchering abusive languages from top level management. Bajaj is a good company ,I think the middle level managers creating such waste things .that will spoil most of them carrier journey.i am also a member.

Sales Officer in Bagnan

Full Time

Finance & Accounting Department

3.0

• posted on 27 Nov 2024

2.0

for Salary and Benefits

Likes

Collegue .. work as a team... And i love bajaj finance as i saw my brother did job here ..

Dislikes

In my location no appraisals, promotion happen .. salary is too low compare to other locations. . Lastly have to work in everything .. alltime con call..

Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 27 Nov 2024

5.0

for Salary and Benefits

Likes

"Salary and promotions are good, but when it comes to work-life balance, it's zero. We need to work on Sundays, and there's not enough time to spend with family. The working hours are from 10 AM to 9 PM."

Dislikes

Sunday working and office time

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Bajaj Finserv Risk Manager Salary FAQs

What is the notice period for Risk Manager at Bajaj Finserv in Mumbai?

According to AmbitionBox, 100% of the Bajaj Finserv Risk Managers in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Bajaj Finserv Risk Manager Salaries in Mumbai

Bajaj Finserv Risk Manager salary in Mumbai ranges between ₹7.2 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Bajaj Finserv latest salaries received from various employees of Bajaj Finserv.