Edelweiss Mumbai Senior Associate Salaries by 30+ Employees

2 - 8 years exp.

₹14.9 Lakhs - ₹27.9 Lakhs

Salary of majority employees

Fixed (86%)

₹14 Lakhs

Variable (14%)

₹2.3 Lakhs

56% more than the average Senior Associate Salary in Financial Services Companies for 2 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Associate Salary 2 - 8 years exp. (12 salaries)	₹15.1 L/yr - ₹29.5 L/yr
Finance & Accounting Senior Associate Salary 2 - 8 years exp. (10 salaries)	₹13.7 L/yr - ₹24 L/yr
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Customer Success, Service & Operations Senior Associate Salary 6 years exp. (AmbitionBox Estimate)	₹13.3 L/yr - ₹16.1 L/yr

Last Updated: 15 Nov 2024

Companies similar to Edelweiss for Senior Associate in Mumbai

Edelweiss Senior Associate Salary

2 - 8 years exp. (31 salaries)

₹14.9 L/yr - ₹27.9 L/yr

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Senior Associate Salary 4 - 18 years exp. (596 salaries)	₹15 L/yr - ₹48 L/yr 97% more	14 job openings
MSCI Senior Associate Salary 6 - 14 years exp. (224 salaries)	₹15 L/yr - ₹55 L/yr 102% more	5 job openings
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JM Financial Senior Associate Salary 1 - 14 years exp. (100 salaries)	₹14 L/yr - ₹29.8 L/yr 8% more
ICICI Securities Senior Associate Salary 1 - 10 years exp. (38 salaries)	₹10.4 L/yr - ₹37 L/yr 31% more
Motilal Oswal Financial Services Senior Associate Salary 4 years exp. (5 salaries)	₹5.7 L/yr - ₹10 L/yr 61% less
Motilal Oswal Senior Associate Salary 0 - 15 years exp. (3 salaries)	₹5 L/yr - ₹6.5 L/yr 66% less

Senior Associate salary at Edelweiss ranges between ₹14.9 Lakhs to ₹27.9 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 31 latest salaries received from various employees of Edelweiss.

Experience wise Edelweiss Senior Associate salaries in Mumbai

Last Updated: 15 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6 L/yr - ₹26.9 L/yr
3 years (7 salaries)	₹6.2 L/yr - ₹25 L/yr
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4 years (7 salaries)	₹6.3 L/yr - ₹25 L/yr
5 years (5 salaries)	₹6.5 L/yr - ₹17 L/yr
6 years (6 salaries)	₹6.7 L/yr - ₹30.2 L/yr
7 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹28 L/yr
8 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹31.8 L/yr

View all

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Salary related reviews for Edelweiss

2.4

Rated by 2 employees for salary & benefits

Senior Associate in Mumbai

Retail Department

3.0

• posted on 16 Apr 2019

3.0

for Salary and Benefits

Likes

Good work life balance. Very employee centric and open door policy. Good bonus

Company culture - Excellent

+1 more

Dislikes

Fixed pay is less as they compensate by giving bonuses. Lot of restructuring. Job insecurity due to closure of many business verticals currently

Skill development - Poor

+2 more

Senior Software Engineer in Mumbai

Full Time

Engineering - Software & QA Department

5.0

• posted on 28 Jul 2023

3.0

for Salary and Benefits

Likes

Its really good working here. Work life balance you can manage effortlessly Appreciated for your hard work

Skill development - Good

+4 more

Dislikes

Definitely some points are in improvement can provide better payments/salary Not having office amenities like refreshment, not have best food

Branch Credit Manager in Aurangabad

Full Time

Risk Management & Compliance Department

4.0

• posted on 10 Oct 2023

2.0

for Salary and Benefits

Likes

Sat sun weekly off Average work culture Employee oriented culture

Job security - Good

Dislikes

...over month end Aggressive sales team Poor promotion Poor compliance management Cost cutting

Salary - Poor

+2 more

Credit Associate in Indore

Full Time

Finance & Accounting Department

3.0

• posted on 05 Jul 2023

1.0

for Salary and Benefits

Likes

Good work life balance

Company culture - Good

+1 more

Dislikes

...r further growth , than it is ok , if not than this is not the company for you Also they match the package of those without generating package from the other company , whose vertical is standing at nil business .( Total politics )

Salary - Bad

+3 more

Associate in Nellore

Full Time

Other Department

5.0

• posted on 08 May 2023

3.0

for Salary and Benefits

Likes

Yes I feel very happy to work here

Skill development - Good

+5 more

Dislikes

... is importance for seniors Seniors means people who have faith in the company It will be good if the salary is increased for the working people and they trust the company and work for the company

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Edelweiss Senior Associate Salary FAQs

What is the salary of Senior Associate at Edelweiss in Mumbai?

The average salary of a Senior Associate at Edelweiss in Mumbai typically ranges from ₹14.9 Lakhs to ₹27.9 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Senior Associate in Mumbai at Edelweiss earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Senior Associate Salaries at Edelweiss can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 30+ Edelweiss employees in India.

What is the estimated take home salary of a Senior Associate at Edelweiss in Mumbai?

The estimated take-home salary of a Senior Associate at Edelweiss in Mumbai typically ranges from ₹1,11,140 to ₹1,14,221 per month. This is based on the average salary range of ₹14.9 Lakhs to ₹27.9 Lakhs per year for employees with experience ranging from 2 years to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 30+ salaries received from various employees of Edelweiss. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Edelweiss for Senior Associate in India?

MSCI	₹15.0 Lakhs to ₹55.0 Lakhs per year
JPMorgan Chase & Co.	₹15.0 Lakhs to ₹48.0 Lakhs per year
ICICI Securities	₹10.4 Lakhs to ₹37.0 Lakhs per year
JM Financial	₹14.0 Lakhs to ₹29.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Edelweiss, depending on the role and experience level.

What is the salary of a Senior Associate in companies similar to Edelweiss in Mumbai?

The salary of a Senior Associate at companies similar to Edelweiss in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Motilal Oswal Financial Services	₹5.7 Lakhs to ₹10.0 Lakhs per year
Motilal Oswal	₹5.0 Lakhs to ₹6.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Associate at Edelweiss in Mumbai?

The salary growth for a Senior Associate at Edelweiss in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Associate in Mumbai can expect the following growth trajectory at Edelweiss:

Experience	Average Salary Range
2 years	₹6.0 Lakhs to ₹26.9 Lakhs per year
3 years	₹6.2 Lakhs to ₹25.0 Lakhs per year
4 years	₹6.3 Lakhs to ₹25.0 Lakhs per year
5 years	₹6.5 Lakhs to ₹17.0 Lakhs per year

and so on.

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Edelweiss Senior Associate Salaries in Mumbai

Edelweiss Senior Associate salary in Mumbai ranges between ₹14.9 Lakhs to ₹27.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 31 Edelweiss latest salaries received from various employees of Edelweiss.