HSBC Group Mumbai Associate Director Salaries by 8 Employees (Updated 2025)

9 - 18 years exp.

₹36 Lakhs - ₹61.4 Lakhs

Salary of majority employees

34% more than the average Associate Director Salary in Financial Services Companies for 9 - 18 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Associate Director Salary 12 - 15 years exp. (AmbitionBox Estimate)	₹50 L/yr - ₹95 L/yr
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Sales & Business Development Associate Director Salary 11 years exp. (AmbitionBox Estimate)	₹38 L/yr - ₹52.5 L/yr

Last Updated: 17 Mar 2025

Companies similar to HSBC Group for Associate Director in Mumbai

HSBC Group Associate Director Salary

9 - 18 years exp. (8 salaries)

₹36 L/yr - ₹61.4 L/yr

Company name	Avg Annual Salary	Open Jobs
UBS Associate Director Salary 6 - 20 years exp. (638 salaries)	₹14.8 L/yr - ₹52 L/yr 34% less
Marsh McLennan Associate Director Salary 10 - 20 years exp. (21 salaries)	₹25 L/yr - ₹52.5 L/yr 25% less	2 job openings
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Morgan Stanley Associate Director Salary 8 - 13 years exp. (4 salaries)	₹26 L/yr - ₹40 L/yr 37% less
BNP Paribas Associate Director Salary 7 - 16 years exp. (4 salaries)	₹23 L/yr - ₹55.2 L/yr 3% more
JPMorgan Chase & Co. Associate Director Salary 10 - 12 years exp. (4 salaries)	₹27 L/yr - ₹48.4 L/yr 22% less
Bnp Paribas Securities Associate Director Salary 25 - 27 years exp. (3 salaries)	₹34 L/yr - ₹36.5 L/yr 33% less

Associate Director salary at HSBC Group ranges between ₹36 Lakhs to ₹61.4 Lakhs per year for employees with experience between 9 years to 18 years. Salary estimates are based on 8 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group Associate Director salaries in Mumbai

Last Updated: 17 Mar 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹43.1 L/yr - ₹55 L/yr
10 years (AmbitionBox Estimate)	₹44.4 L/yr - ₹56.7 L/yr
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11 years (AmbitionBox Estimate)	₹48.3 L/yr - ₹53.4 L/yr
12 years (AmbitionBox Estimate)	₹49.7 L/yr - ₹55 L/yr
13 years (AmbitionBox Estimate)	₹51.2 L/yr - ₹56.6 L/yr
14 years (AmbitionBox Estimate)	₹52.6 L/yr - ₹58.1 L/yr
15+ years (4 salaries)	₹55 L/yr - ₹1 Cr/yr

View all

Similar Designation salaries in HSBC Group

Product Manager Salary

(9 salaries)

₹12 L/yr - ₹45 L/yr

Project Manager Salary

(4 salaries)

₹18 L/yr - ₹35 L/yr

Associate Project Manager Salary

(3 salaries)

₹24 L/yr - ₹36 L/yr

Top skills at HSBC Group for Associate Director

Analytical Chemistry Financial Services Operational Support Change Management IT Business Analysis Agile Coaching Process Design Relationship Management Private Equity CCTV Monitoring Employee Engagement Project Delivery Performance Improvement Remediation Data Analysis

Salary related reviews for HSBC Group

Assistant Vice President in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

4.0

• posted on 26 Apr 2023

3.0

for Salary and Benefits

Likes

- Work Life balance is unmatched - Non monetary perks - Hybrid and Flexible working hours - Health policy for self and parents. For parents it's paid but premiums much lesser than in the market - Ample growth opportunities - Career progression is kind of automatic - Reputable designations are given

Skill development - Good

+5 more

Dislikes

- Salary hikes and monetary perks are on the lower side. As you spend more than 5-7 year's you kind of hit a wall - Lack of leadership roles

Assistant Vice President in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

4.0

• posted on 11 Apr 2023

3.0

for Salary and Benefits

Likes

Great learning opportunities at work. Good job satisfaction and opportunity to explore a lot of models for development and validation

Skill development - Good

+3 more

Dislikes

Poor hikes and appraisals. Pay not matched up to the market standards

Assistant Vice President in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

3.0

• posted on 20 Apr 2022

2.0

for Salary and Benefits

Likes

The company provides lots of avenues for training . Colleagues respect /support each other in work with good work life balance

Skill development - Good

+2 more

Dislikes

1. Compensation and benefits 2. Complex org structure 3. Could be more dynamic

Salary - Poor

+1 more

Associate Project Manager in Pune

Project & Program Management Department

4.0

• posted on 29 Apr 2022

1.0

for Salary and Benefits

Likes

1. Very good Leaves policy. You will get 44 leaves in a year. 2. Very good medical coverage of 8 lakhs 3. As it is captive there is no client. 4. There is learning allowance of 4000 points which can be used to buy books. They reimburse generally all certifications.

Skill development - Excellent

+3 more

Dislikes

1. Poor salary hike. 2. Will stick to particular role and technology for longer time. Promotions will depend on available positions in your department.

Salary - Bad

+1 more

Business Analyst in Pune

Data Science & Analytics Department

5.0

• posted on 05 May 2022

5.0

for Salary and Benefits

Likes

...ere.... Good learnings and nice atmosphere. Co workers and managers are good ...Good policy, compensation , learning platforms.

Salary - Excellent

+5 more

Dislikes

Only con is long working hours... I work 10-11 hrs daily

see more salary related reviews

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What people are saying about HSBC Group

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HSBC Group Associate Director Salary FAQs

What is the salary of Associate Director at HSBC Group in Mumbai?

The average salary of a Associate Director at HSBC Group in Mumbai typically ranges from ₹36.0 Lakhs to ₹61.4 Lakhs per year, depending on experience (from 9 years to 18 years).

The top 10% of Associate Director in Mumbai at HSBC Group earn more than ₹99.2 Lakhs per year, and the top 1% earn over ₹101.0 Lakhs per year. Associate Director Salaries at HSBC Group 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 8 HSBC Group employees in India.

What is the estimated take home salary of a Associate Director at HSBC Group in Mumbai?

The estimated take-home salary of a Associate Director at HSBC Group in Mumbai typically ranges from ₹3,05,129 to ₹3,16,900 per month. This is based on the average salary range of ₹36.0 Lakhs to ₹61.4 Lakhs per year for employees with experience ranging from 9 years to 18 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 8 salaries received from various employees of HSBC Group. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Associate Director at HSBC Group in Mumbai?

To be a Associate Director at HSBC Group in Mumbai, the key skills required include:

- Analytical Chemistry
- Financial Services
- Operational Support
- Change Management
- IT Business Analysis

These skills are highly valued at HSBC Group and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HSBC Group for Associate Director in India?

BNP Paribas

₹23.0 Lakhs to ₹55.2 Lakhs per year

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

What is the salary of a Associate Director in companies similar to HSBC Group in Mumbai?

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

JPMorgan Chase & Co.	₹27.0 Lakhs to ₹48.4 Lakhs per year
Marsh McLennan	₹25.0 Lakhs to ₹52.5 Lakhs per year
Bnp Paribas Securities	₹34.0 Lakhs to ₹36.5 Lakhs per year
UBS	₹14.8 Lakhs to ₹52.0 Lakhs per year
Morgan Stanley	₹26.0 Lakhs to ₹40.0 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 Associate Director at HSBC Group in Mumbai?

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

Experience	Average Salary Range
9 years	₹43.1 Lakhs to ₹55.0 Lakhs per year
10 years	₹44.4 Lakhs to ₹56.7 Lakhs per year
11 years	₹48.3 Lakhs to ₹53.4 Lakhs per year
12 years	₹49.7 Lakhs to ₹55.0 Lakhs per year

and so on.

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HSBC Group Associate Director Salaries in Mumbai

HSBC Group Associate Director salary in Mumbai ranges between ₹36 Lakhs to ₹61.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 HSBC Group latest salaries received from various employees of HSBC Group.