Bank of India Mutual Fund Mumbai Risk Manager Salaries by 3 Employees (Updated 2025)

5 - 6 years exp.

₹9.5 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

31% less than the average Risk Manager Salary in Financial Services Companies for 5 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Risk Manager Salary 6 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr
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Finance & Accounting Risk Manager Salary 5 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.5 L/yr

Last Updated: 16 Oct 2024

Companies similar to Bank of India Mutual Fund for Risk Manager in Mumbai

Bank of India Mutual Fund Risk Manager Salary

5 - 6 years exp. (3 salaries)

₹9.5 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Risk Manager Salary 0 - 6 years exp. (35 salaries)	₹9 L/yr - ₹24 L/yr 82% more
ICICI Bank Risk Manager Salary 1 - 10 years exp. (29 salaries)	₹9.7 L/yr - ₹24 L/yr 65% more
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HDFC Bank Risk Manager Salary 1 - 9 years exp. (22 salaries)	₹7 L/yr - ₹19.6 L/yr 13% more
Axis Bank Risk Manager Salary 1 - 17 years exp. (21 salaries)	₹7.2 L/yr - ₹20 L/yr 40% more
Yes Bank Risk Manager Salary 1 - 10 years exp. (15 salaries)	₹8.7 L/yr - ₹16.7 L/yr 5% more
Kotak Mahindra Bank Risk Manager Salary 1 - 11 years exp. (11 salaries)	₹6.4 L/yr - ₹10.8 L/yr 15% less
Citicorp Risk Manager Salary 5 - 10 years exp. (7 salaries)	₹17.5 L/yr - ₹30 L/yr 127% more
ICICI Lombard General Insurance Company Risk Manager Salary 2 - 6 years exp. (4 salaries)	₹7 L/yr - ₹15 L/yr 15% more
Barclays Risk Manager Salary 6 - 13 years exp. (3 salaries)	₹12.3 L/yr - ₹24 L/yr 71% more
HDFC Life Risk Manager Salary 15 - 17 years exp. (3 salaries)	₹12.8 L/yr - ₹15 L/yr 37% more

Risk Manager salary at Bank of India Mutual Fund ranges between ₹9.5 Lakhs to ₹10 Lakhs per year for employees with experience between 5 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Bank of India Mutual Fund.

Experience wise Bank of India Mutual Fund Risk Manager salaries in Mumbai

Last Updated: 16 Oct 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
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6 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr

Similar Designation salaries in Bank of India Mutual Fund

Risk Officer Salary

(3 salaries)

₹27 L/yr - ₹28 L/yr

Salary related reviews for Bank of India Mutual Fund

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...tely realised that this is toxic work environment and i resigned within 1 month. I took 1 month salary and got absconded. I am happy with my decision

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Bank of India Mutual Fund Risk Manager Salary FAQs

What is the notice period for Risk Manager at Bank of India Mutual Fund in Mumbai?

According to AmbitionBox, 100% of the Bank of India Mutual Fund 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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Bank of India Mutual Fund Risk Manager Salaries in Mumbai

Bank of India Mutual Fund Risk Manager salary in Mumbai ranges between ₹9.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Bank of India Mutual Fund latest salaries received from various employees of Bank of India Mutual Fund.