Bajaj Finserv Mumbai Risk Manager Salaries by 4 Employees (Updated 2025)

0 - 7 years exp.

₹7 Lakhs - ₹11 Lakhs

Salary of majority employees

42% less than the average Risk Manager Salary in Financial Services Companies for 0 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Risk Manager Salary 2 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹10 L/yr
Data Science & Analytics Risk Manager Salary 4 years exp. (AmbitionBox Estimate)	₹7.8 L/yr - ₹11 L/yr
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Risk Management & Compliance Risk Manager Salary Fresher (AmbitionBox Estimate)	₹7 L/yr - ₹9.5 L/yr

Last Updated: 31 Dec 2024

Companies similar to Bajaj Finserv for Risk Manager in Mumbai

Bajaj Finserv Risk Manager Salary

0 - 7 years exp. (4 salaries)

₹7 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 39% more
Tata AIG Risk Manager Salary 5 - 8 years exp. (3 salaries)	₹10 L/yr - ₹12 L/yr 31% more
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ICICI Bank Risk Manager Salary 0 - 6 years exp. (31 salaries)	₹6.1 L/yr - ₹24 L/yr 80% more
HDFC Bank Risk Manager Salary 1 - 9 years exp. (22 salaries)	₹7 L/yr - ₹22.7 L/yr 59% more
Axis Bank Risk Manager Salary 1 - 17 years exp. (21 salaries)	₹7.2 L/yr - ₹20 L/yr 69% more
Kotak Mahindra Bank Risk Manager Salary 1 - 11 years exp. (11 salaries)	₹6.4 L/yr - ₹10.8 L/yr 2% more
Mahindra Finance Risk Manager Salary 6 - 17 years exp. (5 salaries)	₹17.1 L/yr - ₹25.3 L/yr 169% more
Sharekhan Risk Manager Salary 0 - 6 years exp. (4 salaries)	₹2 L/yr - ₹8 L/yr 51% less
State Bank of India Risk Manager Salary 5 - 11 years exp. (4 salaries)	₹18 L/yr - ₹27 L/yr 146% more
JPMorgan Chase & Co. Risk Manager Salary 6 - 13 years exp. (4 salaries)	₹20.7 L/yr - ₹30 L/yr 189% more
Edelweiss Risk Manager Salary 1 - 6 years exp. (3 salaries)	₹5.5 L/yr - ₹10 L/yr 10% less
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Motilal Oswal Financial Services Risk Manager Salary 10 - 12 years exp. (3 salaries)	₹4 L/yr - ₹6.1 L/yr 42% less

Risk Manager salary at Bajaj Finserv ranges between ₹7 Lakhs to ₹11 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 4 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
Fresher (AmbitionBox Estimate)	₹7 L/yr - ₹13.7 L/yr
1 year (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
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2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹10 L/yr
3 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹11 L/yr
5 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
6 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹10 L/yr

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From

Risk Manager

0 - 7 years exp.

Senior Manager

₹

Lakhs/yr

4 - 13 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Bajaj Finserv

Deputy Manager Salary

(18 salaries)

₹3.7 L/yr - ₹7.84 L/yr

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

Unit Manager in Pune

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 07 Jan 2025

4.0

for Salary and Benefits

Likes

You get ample opportunities to learn new things.

Salary - Good

+1 more

Dislikes

...ing leave balance. 7. No buy out policy (despite of available in hr policies) 8. Held salary for 3 months despite not having any such policy and compelled to revoke resignation by blackmailing on salary release. 9. HR is not employee centric.

Promotions - Poor

+3 more

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.

Salary - Excellent

+2 more

Dislikes

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

Job security - Bad

+2 more

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

Skill development - Good

+1 more

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.

Salary - Bad

+4 more

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 ..

Skill development - Excellent

+1 more

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..

Salary - Poor

+1 more

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."

Salary - Excellent

+1 more

Dislikes

Sunday working and office time

Work-life balance - Bad

see more salary related reviews

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Salary Discussions, Hike & Promotions

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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Bajaj Finserv Risk Manager Salary FAQs

What is the salary of Risk Manager at Bajaj Finserv Mumbai?

Risk Manager salary at Bajaj Finserv in Mumbai ranges between ₹7.0 Lakhs to ₹11.0 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 42% less than the average Risk Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Finserv Mumbai.

How does the salary of a Risk Manager at Bajaj Finserv Mumbai compare with the average salary range for this job?

The average salary of a Risk Manager at Bajaj Finserv is 42% less than the average salary of a Risk Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Risk Manager at Bajaj Finserv?

Risk Analysis, Risk Management, Credit Cards, Financial Risk Management and Risk Analytics are some of the popular skills required to work as a Risk Manager at Bajaj Finserv Mumbai.

Which similar companies are paying more than Bajaj Finserv to a Risk Manager in Mumbai?

JPMorgan Chase & Co. Risk Manager Salary - ₹20.7 Lakhs to ₹30.0 Lakhs per year
Mahindra Finance Risk Manager Salary - ₹17.1 Lakhs to ₹25.3 Lakhs per year
State Bank of India Risk Manager Salary - ₹18.0 Lakhs to ₹27.0 Lakhs per year
ICICI Bank Risk Manager Salary - ₹6.1 Lakhs to ₹24.0 Lakhs per year
Axis Bank Risk Manager Salary - ₹7.2 Lakhs to ₹20.0 Lakhs per year

What is the salary of a Risk Manager in companies similar to Bajaj Finserv in Mumbai?

HDFC Bank Risk Manager Salary - ₹7.0 Lakhs to ₹22.7 Lakhs per year
ICICI Lombard General Insurance Company Risk Manager Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
Tata AIG Risk Manager Salary - ₹10.0 Lakhs to ₹12.0 Lakhs per year
Kotak Mahindra Bank Risk Manager Salary - ₹6.4 Lakhs to ₹10.8 Lakhs per year
Edelweiss Risk Manager Salary - ₹5.5 Lakhs to ₹10.0 Lakhs per year

What is the estimated take home salary of a Risk Manager at Bajaj Finserv in Mumbai?

The estimated take-home salary of a Risk Manager at Bajaj Finserv ranges between ₹59,959 per month to ₹61,475 per month in Mumbai. The take-home salary calculation is based on the average Bajaj Finserv Risk Manager salary in India which ranges between ₹7.0 Lakhs to ₹11.0 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

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 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Finserv latest salaries received from various employees of Bajaj Finserv.