FirstRand Bank Quantitative Risk Analyst Salaries by 10+ Employees (Updated 2025)

5 - 11 years exp.

₹15.5 Lakhs - ₹48 Lakhs

Salary of majority employees

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33% more than the average Quantitative Risk Analyst Salary in Banking Companies for 5 - 11 years of experience

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Last Updated: 1 Mar 2025

Companies similar to FirstRand Bank for Quantitative Risk Analyst

Company name	Avg Annual Salary	Open Jobs
UBS Quantitative Risk Analyst Salary 0 - 5 years exp. (15 salaries)	Unlock ₹7.8 L/yr - ₹26 L/yr 42% less
JPMorgan Chase & Co. Quantitative Risk Analyst Salary 1 - 2 years exp. (5 salaries)	Unlock ₹19 L/yr - ₹38 L/yr 7% less
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Swiss Re Quantitative Risk Analyst Salary 0 - 6 years exp. (4 salaries)	Unlock ₹24 L/yr - ₹31 L/yr 21% less
Evalueserve Quantitative Risk Analyst Salary 1 - 3 years exp. (4 salaries)	Unlock ₹7 L/yr - ₹10.5 L/yr 72% less

Quantitative Risk Analyst salary at FirstRand Bank ranges between ₹15.5 Lakhs to ₹48 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 12 latest salaries received from various employees of FirstRand Bank.

Experience wise FirstRand Bank Quantitative Risk Analyst salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	Unlock ₹15.5 L/yr - ₹41.1 L/yr
6 years (4 salaries)	Unlock ₹16.5 L/yr - ₹35 L/yr
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7 years (AmbitionBox Estimate)	Unlock ₹28 L/yr - ₹35 L/yr
8 years (4 salaries)	Unlock ₹24 L/yr - ₹48 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹32.1 L/yr - ₹41.1 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹35 L/yr - ₹44.8 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹16.9 L/yr - ₹47 L/yr

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Similar Designation salaries in FirstRand Bank

Business Analyst Salary

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₹9 L/yr - ₹11.5 L/yr

Associate Analyst Salary

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₹2 L/yr - ₹2.5 L/yr

Financial Analyst Salary

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₹4.8 L/yr - ₹11 L/yr

Credit Analyst Salary

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₹10.82 L/yr - ₹41 L/yr

Senior Analyst Salary

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₹11.7 L/yr - ₹15 L/yr

Analyst Salary

(4 salaries)

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₹6.5 L/yr - ₹12 L/yr

Associate Consultant Salary

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₹12.8 L/yr - ₹16.3 L/yr

Management Trainee Salary

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₹3.1 L/yr - ₹3.9 L/yr

Credit Manager Salary

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₹66.5 L/yr - ₹73.5 L/yr

Assistant Vice President Salary

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₹28.8 L/yr - ₹36.8 L/yr

Salary related reviews for FirstRand Bank

4.0

Rated by 1 employees for salary & benefits

Technical Lead in Mumbai

Engineering - Software & QA Department

5.0

• posted on 04 Aug 2022

5.0

for Salary and Benefits

Likes

...work on some cutting edge technologies where my product was built from scratch . Really love the management , the monetary benefits including the CTC and bonus is very satisfactory . First Rand has the policy to take every employee out for a fully paid foreign trip

Salary - Excellent

+6 more

Dislikes

Nothing to dislike about this company

Business And Production Support Analyst in Ghansoli Mumbai

BFSI, Investments & Trading Department

4.0

• posted on 09 May 2021

5.0

for Salary and Benefits

Likes

...s on business / markets and technology. Your efforts will always be appreciated. Good appraisals and bonus on yearly basis.

Salary - Excellent

+6 more

Dislikes

Nothing major. Its just your role is very specific and limited on what you work.

CRM Executive

BFSI, Investments & Trading Department

3.0

• posted on 21 Feb 2018

2.0

for Salary and Benefits

Likes

Training is grate but their work time not fix and salary credited to proper date and gvn to compensation to all exicative proper time but workenvironment not proper comfirtable in completed during work

Skill development - Good

Dislikes

Salary - Poor
Job security - Poor

+4 more

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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FirstRand Bank Quantitative Risk Analyst Salary FAQs

What is the salary of Quantitative Risk Analyst at FirstRand Bank?

Quantitative Risk Analyst salary at FirstRand Bank in India ranges between ₹15.5 Lakhs to ₹48.0 Lakhs for experience between 5 years to 11 years. According to our estimates it is 33% more than the average Quantitative Risk Analyst Salary in India. Salary estimates are based on 12 latest salaries received from various employees of FirstRand Bank India.

How does the salary of a Quantitative Risk Analyst at FirstRand Bank India compare with the average salary range for this job?

The average salary of a Quantitative Risk Analyst at FirstRand Bank is 33% more than the average salary of a Quantitative Risk Analyst in India. To know exact salary insights, login to view.

What is the salary of a Quantitative Risk Analyst in companies similar to FirstRand Bank in India?

JPMorgan Chase & Co. Quantitative Risk Analyst Salary - ₹19.0 Lakhs to ₹38.0 Lakhs per year
Swiss Re Quantitative Risk Analyst Salary - ₹24.0 Lakhs to ₹31.0 Lakhs per year
UBS Quantitative Risk Analyst Salary - ₹7.8 Lakhs to ₹26.0 Lakhs per year
Evalueserve Quantitative Risk Analyst Salary - ₹7.0 Lakhs to ₹10.5 Lakhs per year

What is the estimated take home salary of a Quantitative Risk Analyst at FirstRand Bank in India?

The estimated take-home salary of a Quantitative Risk Analyst at FirstRand Bank ranges between ₹1,98,362 per month to ₹2,06,194 per month in India. The take-home salary calculation is based on the average FirstRand Bank Quantitative Risk Analyst salary in India which ranges between ₹15.5 Lakhs to ₹48.0 Lakhs per year for employees with experience between 5 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Quantitative Risk Analyst at FirstRand Bank?

According to AmbitionBox, 75% of the FirstRand Bank Quantitative Risk Analysts reported a notice period of 3 Months, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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FirstRand Bank Quantitative Risk Analyst Salaries

FirstRand Bank Quantitative Risk Analyst salary in India ranges between ₹15.5 Lakhs to ₹48 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 FirstRand Bank latest salaries received from various employees of FirstRand Bank.