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

6 - 11 years exp.

₹18 Lakhs - ₹48 Lakhs

Salary of majority employees

28% more than the average Quantitative Risk Analyst Salary in Banking Companies for 6 - 11 years of experience

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Last Updated: 15 Nov 2023

Companies similar to FirstRand Bank for Quantitative Risk Analyst in Mumbai

FirstRand Bank Quantitative Risk Analyst Salary

6 - 11 years exp. (10 salaries)

₹18 L/yr - ₹48 L/yr

Company name	Avg Annual Salary	Open Jobs
UBS Quantitative Risk Analyst Salary 0 - 5 years exp. (14 salaries)	₹15 L/yr - ₹30 L/yr 40% less

Quantitative Risk Analyst salary at FirstRand Bank ranges between ₹18 Lakhs to ₹48 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 10 latest salaries received from various employees of FirstRand Bank.

Experience wise FirstRand Bank Quantitative Risk Analyst salaries in Mumbai

Last Updated: 15 Nov 2023

Experience	Avg Annual Salary
6 years (3 salaries)	₹18 L/yr - ₹35 L/yr
7 years (AmbitionBox Estimate)	₹28 L/yr - ₹35 L/yr
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8 years (4 salaries)	₹24 L/yr - ₹48 L/yr
9 years (AmbitionBox Estimate)	₹33 L/yr - ₹42.1 L/yr
10 years (AmbitionBox Estimate)	₹35.5 L/yr - ₹45.3 L/yr
11 years (AmbitionBox Estimate)	₹42 L/yr - ₹76 L/yr

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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

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.

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

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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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FirstRand Bank Quantitative Risk Analyst Salary FAQs

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

Quantitative Risk Analyst salary at FirstRand Bank in Mumbai ranges between ₹18.0 Lakhs to ₹48.0 Lakhs for experience between 6 years to 11 years. According to our estimates it is 28% more than the average Quantitative Risk Analyst Salary in India. Salary estimates are based on 10 latest salaries received from various employees of FirstRand Bank Mumbai.

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

The average salary of a Quantitative Risk Analyst at FirstRand Bank is 28% more than the average salary of a Quantitative Risk Analyst in Mumbai. To know exact salary insights, login to view.

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

UBS Quantitative Risk Analyst Salary - ₹15.0 Lakhs to ₹30.0 Lakhs per year

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

The estimated take-home salary of a Quantitative Risk Analyst at FirstRand Bank ranges between ₹2,05,400 per month to ₹2,13,550 per month in Mumbai. The take-home salary calculation is based on the average FirstRand Bank Quantitative Risk Analyst salary in India which ranges between ₹18.0 Lakhs to ₹48.0 Lakhs per year for employees with experience between 6 years to 11 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the FirstRand Bank Quantitative Risk Analysts 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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FirstRand Bank Quantitative Risk Analyst Salaries in Mumbai

FirstRand Bank Quantitative Risk Analyst salary in Mumbai ranges between ₹18 Lakhs to ₹48 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 FirstRand Bank latest salaries received from various employees of FirstRand Bank.