Cholamandalam Investment & Finance Risk Manager Salaries by 3 Employees

5 - 6 years exp.

₹5.5 Lakhs - ₹11.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

23% 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

Data Science & Analytics Risk Manager Salary 6 years exp. (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.4 L/yr
Finance & Accounting Risk Manager Salary 5 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr
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Risk Management & Compliance Risk Manager Salary 6 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr

Last Updated: 11 Jun 2024

Companies similar to Cholamandalam Investment & Finance for Risk Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Risk Manager Salary 0 - 8 years exp. (75 salaries)	₹3.3 L/yr - ₹11.1 L/yr 22% less
American Express Risk Manager Salary 3 - 14 years exp. (52 salaries)	₹14.5 L/yr - ₹47 L/yr 221% more	1 job opening
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HSBC Group Risk Manager Salary 4 - 14 years exp. (23 salaries)	₹10 L/yr - ₹20 L/yr 58% more
UBS Risk Manager Salary 3 - 9 years exp. (21 salaries)	₹14.5 L/yr - ₹34.5 L/yr 168% more
JPMorgan Chase & Co. Risk Manager Salary 2 - 13 years exp. (15 salaries)	₹10.5 L/yr - ₹30.5 L/yr 149% more
Citicorp Risk Manager Salary 3 - 16 years exp. (14 salaries)	₹10.6 L/yr - ₹30 L/yr 106% more
Wells Fargo Risk Manager Salary 4 - 15 years exp. (13 salaries)	₹14 L/yr - ₹33.8 L/yr 100% more
Morgan Stanley Risk Manager Salary 2 - 8 years exp. (8 salaries)	₹9.5 L/yr - ₹24.3 L/yr 76% more
BNP Paribas Risk Manager Salary 9 - 15 years exp. (8 salaries)	₹10 L/yr - ₹25.1 L/yr 91% more
Aditya Birla Capital Risk Manager Salary 0 - 4 years exp. (7 salaries)	₹13.4 L/yr - ₹20.1 L/yr 39% more
State Street Corporation Risk Manager Salary 10 - 14 years exp. (6 salaries)	₹15 L/yr - ₹23.5 L/yr 93% more
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Fidelity Investments Risk Manager Salary 8 - 22 years exp. (5 salaries)	₹18 L/yr - ₹26.3 L/yr 116% more
BNY Risk Manager Salary 1 - 14 years exp. (4 salaries)	₹6.5 L/yr - ₹20 L/yr 34% more
Commonwealth Bank of Australia, India Risk Manager Salary 9 - 16 years exp. (4 salaries)	₹20.9 L/yr - ₹52 L/yr 204% more
Motilal Oswal Financial Services Risk Manager Salary 10 - 12 years exp. (3 salaries)	₹4 L/yr - ₹6.1 L/yr 52% less
Muthoot Pappachan Group Risk Manager Salary 9 - 11 years exp. (3 salaries)	₹1.5 L/yr - ₹5.4 L/yr 58% less
IDFC FIRST Bharat Risk Manager Salary 9 - 13 years exp. (3 salaries)	₹5.6 L/yr - ₹14.5 L/yr 3% less
Shriram Group Risk Manager Salary 5 - 9 years exp. (3 salaries)	₹13 L/yr - ₹23 L/yr 66% more

Risk Manager salary at Cholamandalam Investment & Finance ranges between ₹5.5 Lakhs to ₹11.3 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 Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Risk Manager salaries

Last Updated: 11 Jun 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹10 L/yr - ₹20.3 L/yr
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6 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹11.3 L/yr

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Salary related reviews for Cholamandalam Investment & Finance

4.0

Rated by 1 employees for salary & benefits

Team Lead in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 19 Feb 2025

4.0

for Salary and Benefits

Likes

On time salary, every year salary increment, bonus, good working environment at local branchs.

Salary - Good

+3 more

Dislikes

Work life balance, something huge pressure, force to work on holiday and Sunday. Working time, as per work salary justification

Company culture - Poor

+1 more

Internal Auditor in Chenai

Finance Department

2.0

• posted on 09 Dec 2021

1.0

for Salary and Benefits

Likes

IA seniors are good

Skill development - Excellent

Dislikes

...in that Right to privacy ..They also give promotion to their known ones only ...for others they appoint on salary plus incentives but they don't give any incentive by saying that your probation period is extended ...you can enjoy job if some known is there in higher position

Salary - Bad

+4 more

Branch Manager

Data Science & Analytics Department

5.0

• posted on 04 Mar 2020

3.0

for Salary and Benefits

Likes

Chola mandalam is a best organization for work but .

Skill development - Excellent

+5 more

Dislikes

Growth is very slow salary growth as a grade not satisfactory i am working here since 2012 but salary only 20 k..The work pressure is very high.i do not receive appreciattion amails from my clint,.

Area Collection Manager in Udaipur (working remotely)

Full Time

Finance & Accounting Department

3.0

• posted on 30 Jan 2025

4.0

for Salary and Benefits

Likes

Not much but salary comparison is little high than industry

Salary - Good

+1 more

Dislikes

It should improve employee welfare calture no weekly off no leave, if on leave have to attend con call . Worst culture of any time con call. Early morning 6 o clock late evening after 8 o clock con call No personal life, working on weekends and even on Sunday. Public holidays are in calendar only . No festival leave Lots of parameters which are useless . Penetration of separation is high. Apologise to write with personal experience

Work satisfaction - Poor

+2 more

Regional Legal Manager in Mumbai

Full Time

Legal & Regulatory Department

4.0

• posted on 04 Jan 2025

5.0

for Salary and Benefits

Likes

Company compensation is good and appraisal are excellent. You get freedom to do whatever you want to until you are justifying the companies interest.

Salary - Excellent

+4 more

Dislikes

Just some people don't know how to collaborate with people, they are just interested in playing dirty politics to show Management how better are they from other people. Senior people get easily influenced by others and make their opinion about sincere peoples.

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Cholamandalam Investment & Finance Risk Manager Salary FAQs

How the salary growth look like for a Risk Manager at Cholamandalam Investment & Finance in India?

The salary growth for a Risk Manager at Cholamandalam Investment & Finance depends on factors such as experience, performance, and promotions. On average, a Risk Manager can expect the following growth trajectory at Cholamandalam Investment & Finance:

Experience	Average Salary Range
5 years	₹10.0 Lakhs to ₹20.3 Lakhs per year
6 years	₹5.5 Lakhs to ₹11.3 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Risk Manager Salaries

Cholamandalam Investment & Finance Risk Manager salary in India ranges between ₹5.5 Lakhs to ₹11.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.