FirstRand Bank Risk Manager Salaries by 5 Employees (Updated 2024)

6 - 15 years exp.

₹29.7 Lakhs - ₹36 Lakhs

Low Confidence

Salary of majority employees

175% more than the average Risk Manager Salary in Banking Companies for 6 - 15 years of experience

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Last Updated: 23 Dec 2023

Companies similar to FirstRand Bank for Risk Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Risk Manager Salary 1 - 10 years exp. (82 salaries)	₹3.9 L/yr - ₹15.3 L/yr 72% less
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Axis Bank Risk Manager Salary 1 - 17 years exp. (33 salaries)	₹5.4 L/yr - ₹20 L/yr 60% less	1 job opening
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RBL Bank Risk Manager Salary 0 - 11 years exp. (8 salaries)	₹6 L/yr - ₹9 L/yr 76% less
Standard Chartered Risk Manager Salary 7 - 17 years exp. (23 salaries)	₹9 L/yr - ₹30 L/yr 40% less
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Bank Muscat Risk Manager Salary 5 - 9 years exp. (5 salaries)	₹7.6 L/yr - ₹25 L/yr 47% less
Deutsche Bank Risk Manager Salary 9 - 10 years exp. (3 salaries)	₹25.4 L/yr - ₹44 L/yr 13% less

Risk Manager salary at FirstRand Bank ranges between ₹29.7 Lakhs to ₹36 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of FirstRand Bank.

Experience wise FirstRand Bank Risk Manager salaries

Last Updated: 23 Dec 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹34.5 L/yr - ₹63.5 L/yr
7 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹36 L/yr
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8 years (AmbitionBox Estimate)	₹30.5 L/yr - ₹37.3 L/yr
9 years (AmbitionBox Estimate)	₹29.9 L/yr - ₹36.5 L/yr
10 years (AmbitionBox Estimate)	₹29.2 L/yr - ₹35.7 L/yr
11 years (AmbitionBox Estimate)	₹28.6 L/yr - ₹35 L/yr
12 years (AmbitionBox Estimate)	₹29.7 L/yr - ₹55.9 L/yr
13 years (AmbitionBox Estimate)	₹27.3 L/yr - ₹33.4 L/yr
14 years (AmbitionBox Estimate)	₹29.7 L/yr - ₹29.7 L/yr
15+ years (AmbitionBox Estimate)	₹29.7 L/yr - ₹29.7 L/yr

View all

Similar Designation salaries in FirstRand Bank

Finance Manager Salary

(AmbitionBox Estimate)

₹36 L/yr - ₹46 L/yr

Deputy Manager Salary

(4 salaries)

₹4.78 L/yr - ₹5.5 L/yr

Team Lead Salary

(5 salaries)

₹30 L/yr - ₹49 L/yr

Senior Consultant Salary

(4 salaries)

₹19 L/yr - ₹40 L/yr

Assistant Vice President Salary

(AmbitionBox Estimate)

₹28.8 L/yr - ₹36.8 L/yr

Salary related reviews for FirstRand Bank

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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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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FirstRand Bank Risk Manager Salary FAQs

What is the salary of Risk Manager at FirstRand Bank?

Risk Manager salary at FirstRand Bank in India ranges between ₹29.7 Lakhs to ₹36.0 Lakhs for experience between 6 years to 15 years. According to our estimates it is 175% more than the average Risk Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of FirstRand Bank India.

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

The average salary of a Risk Manager at FirstRand Bank is 175% more than the average salary of a Risk Manager in India. To know exact salary insights, login to view.

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

Deutsche Bank Risk Manager Salary - ₹25.4 Lakhs to ₹44.0 Lakhs per year
Standard Chartered Risk Manager Salary - ₹9.0 Lakhs to ₹30.0 Lakhs per year
State Bank of India Risk Manager Salary - ₹16.5 Lakhs to ₹27.0 Lakhs per year
Bank Muscat Risk Manager Salary - ₹7.6 Lakhs to ₹25.0 Lakhs per year
IDFC FIRST Bank Risk Manager Salary - ₹6.9 Lakhs to ₹24.0 Lakhs per year

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

The estimated take-home salary of a Risk Manager at FirstRand Bank ranges between ₹1,96,838 per month to ₹2,04,601 per month in India. The take-home salary calculation is based on the average FirstRand Bank Risk Manager salary in India which ranges between ₹29.7 Lakhs to ₹36.0 Lakhs per year for employees with experience between 6 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Risk Manager at FirstRand Bank?

According to AmbitionBox, 100% of the FirstRand Bank Risk Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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FirstRand Bank Risk Manager Salaries

FirstRand Bank Risk Manager salary in India ranges between ₹29.7 Lakhs to ₹36 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 FirstRand Bank latest salaries received from various employees of FirstRand Bank.