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HSBC Group

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HSBC Group Operations Associate salaries in India (Updated 2025)

Annual salary range
1 - 6 years exp.
₹2.5 Lakhs - ₹9.4 Lakhs
Salary of majority employees
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Fixed (93%)
₹4.9 Lakhs
Variable (7%)
₹0.3 Lakh
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45% more than the average Operations Associate Salary in Financial Services Companies for 1 - 6 years of experience

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Last Updated: 16 Mar 2025

Companies similar to HSBC Group for Operations Associate

Company name Avg Annual Salary Open Jobs
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₹2.5 L/yr - ₹4.1 L/yr

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ICICI Bank Operations Associate Salary

0 - 3 years exp. (41 salaries)

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₹1.7 L/yr - ₹3.8 L/yr

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Axis Bank Operations Associate Salary

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₹3 L/yr - ₹6.5 L/yr

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HDFC Bank Operations Associate Salary

0 - 6 years exp. (17 salaries)

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₹1.8 L/yr - ₹5.5 L/yr

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₹5.5 L/yr - ₹9 L/yr

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₹1.6 L/yr - ₹3.5 L/yr

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IndusInd Bank Operations Associate Salary

1 - 3 years exp. (4 salaries)

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₹2.6 L/yr - ₹4.9 L/yr

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Yes Bank Operations Associate Salary

1 - 4 years exp. (4 salaries)

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₹1.4 L/yr - ₹4.5 L/yr

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Wells Fargo Operations Associate Salary

0 - 5 years exp. (118 salaries)

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₹2.4 L/yr - ₹9.1 L/yr

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Morgan Stanley Operations Associate Salary

0 - 7 years exp. (63 salaries)

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₹7 L/yr - ₹13 L/yr

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₹6.6 L/yr - ₹25 L/yr

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Citicorp Operations Associate Salary

0 - 5 years exp. (36 salaries)

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₹3.6 L/yr - ₹6 L/yr

arrow icon 12% less
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BNY Operations Associate Salary

0 - 6 years exp. (16 salaries)

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₹2.8 L/yr - ₹10 L/yr

arrow icon 21% more
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BNP Paribas Operations Associate Salary

0 - 3 years exp. (16 salaries)

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₹3 L/yr - ₹5.4 L/yr

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Marsh McLennan Operations Associate Salary

0 - 5 years exp. (12 salaries)

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₹2.2 L/yr - ₹3.4 L/yr

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₹3.2 L/yr - ₹3.8 L/yr

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₹2.7 L/yr - ₹5.5 L/yr

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Aon Operations Associate Salary

1 - 6 years exp. (5 salaries)

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₹3.3 L/yr - ₹7.4 L/yr

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₹3.7 L/yr - ₹5.8 L/yr

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HDFC Sales Operations Associate Salary

1 - 3 years exp. (4 salaries)

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₹2.5 L/yr - ₹3 L/yr

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View all
Operations Associate salary at HSBC Group ranges between ₹2.5 Lakhs to ₹9.4 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 11 latest salaries received from various employees of HSBC Group.

Latest annual salaries shared by HSBC Group Operations Associate

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Experience wise HSBC Group Operations Associate salaries

Last Updated: 16 Mar 2025

Experience Avg Annual Salary
1 year  (7 salaries)

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₹2.5 L/yr - ₹9.8 L/yr
2 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹5.4 L/yr
3 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹5.4 L/yr
4 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
5 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.8 L/yr
View all

Similar Designation salaries in HSBC Group

Senior Associate Salary
(407 salaries)
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₹8.3 L/yr - ₹20 L/yr
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₹6 L/yr - ₹22.5 L/yr
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₹2.2 L/yr - ₹6 L/yr
Process Associate Salary
(116 salaries)
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₹2 L/yr - ₹6.5 L/yr
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₹3.1 L/yr - ₹6.9 L/yr
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₹3.4 L/yr - ₹10.3 L/yr
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₹2.75 L/yr - ₹7 L/yr
Senior Analyst Salary
(1k salaries)
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₹5.5 L/yr - ₹22.8 L/yr
Quality Analyst Salary
(76 salaries)
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₹2.25 L/yr - ₹9.5 L/yr

Top skills at HSBC Group for Operations Associate

Service Level Management Risk Management Accountancy Financial Services MS Access Market Risk Data Quality Root Cause Analysis

Salary related reviews for HSBC Group

4.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Risk Management & Compliance Department

5.0
  •  posted on 20 Oct 2023

3.0
 for  Salary and Benefits

Likes

I am impressed with my workplace which is mostly work from home. The atmosphere here is incredible supportive, fostering both personal and professional growth. The team is also like a family and make each day enjoyable.

read more
  • Skill development - Good
  • +5 more

Dislikes

In the like comment, I have mentioned that its Hybrid or majority work from home, the salary structure is kind of average. In the beginning we used to claim our internet bills. However, they removed the internet bill reimbursement policy recently. Hope we wish to get it back so that I could give 5 star for salary and benefits next time. Some people would laugh at this dislike but many would know.

read more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 22 May 2023

4.0
 for  Salary and Benefits

Likes

...licies in place in theory. In practice it all depends on your team and managers. In my experience I haven’t seen many positives apart from pay , but if your team is okay, it might work out very well

read more
  • Salary - Good
  • +1 more

Dislikes

Again it’s all contingent on the team. The company has excellent policies in place and if allowed to work will create a great work environment

read more
  • Job security - Poor
  • +3 more

Full Time

 · 

Risk Management & Compliance Department

4.0
  •  posted on 22 Apr 2022

2.0
 for  Salary and Benefits

Likes

I like the culture of the company, the way company supports women empowerment.

  • Job security - Excellent
  • +1 more

Dislikes

...ncy. Sone manages make it hard for the analysts to maintain work life balance. Salary growth is very slow.

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Data Science & Analytics Department

3.0
  •  posted on 06 Feb 2023

2.0
 for  Salary and Benefits

Likes

Work life balance is decent, job security is high in HSBC India.. Decei learning opportunities..

  • Skill development - Good
  • +3 more

Dislikes

Compensation is not competitive at all compared to its market competitors.. Promotions and hikes are poor and managers play favourites..

read more
  • Salary - Poor
  • +1 more

Customer Service Department

4.0
  •  posted on 24 Sep 2020

5.0
 for  Salary and Benefits

Likes

Like the work culture here, during the pandemic when other companies were struggling to pay their employees HSBC paid the salary to their employees without any salary cut. They try to retain their employees by helping them in every possible ways.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is nothing that I dislike about HSBC.

see more salary related reviews

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HSBC Group Operations Associate Salary FAQs

What is the salary of Operations Associate at HSBC Group ?
The average salary of a Operations Associate at HSBC Group in India typically ranges from ₹2.5 Lakhs to ₹9.4 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Operations Associate at HSBC Group earn more than ₹9.4 Lakhs per year, and the top 1% earn over ₹14.5 Lakhs per year. Operations Associate 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 10+ HSBC Group employees in India.
What is the estimated take home salary of a Operations Associate at HSBC Group in India?
The estimated take-home salary of a Operations Associate at HSBC Group in India typically ranges from ₹39,255 to ₹40,432 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹9.4 Lakhs per year for employees with experience ranging from 1 year to 6 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 10+ 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 Operations Associate at HSBC Group ?
To be a Operations Associate at HSBC Group in india, the key skills required include:

  • - Service Level Management
  • - Risk Management
  • - Accountancy
  • - Financial Services
  • - MS Access

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 Operations Associate in India?
UBS ₹9.5 Lakhs to ₹22.9 Lakhs per year
JPMorgan Chase & Co. ₹6.6 Lakhs to ₹25.0 Lakhs per year
Morgan Stanley ₹7.0 Lakhs to ₹13.0 Lakhs per year
State Bank of India ₹5.5 Lakhs to ₹9.0 Lakhs per year
Aon ₹3.3 Lakhs to ₹7.4 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 Operations Associate in companies similar to HSBC Group in India?
The salary of a Operations Associate at companies similar to HSBC Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

BNY ₹2.8 Lakhs to ₹10.0 Lakhs per year
American Express ₹3.7 Lakhs to ₹5.8 Lakhs per year
Citicorp ₹3.6 Lakhs to ₹6.0 Lakhs per year
Wells Fargo ₹2.4 Lakhs to ₹9.1 Lakhs per year
Axis Bank ₹3.0 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 Operations Associate at HSBC Group in India?
The salary growth for a Operations Associate at HSBC Group depends on factors such as experience, performance, and promotions. On average, a Operations Associate can expect the following growth trajectory at HSBC Group:

Experience Average Salary Range
1 year ₹2.5 Lakhs to ₹9.8 Lakhs per year
2 years ₹2.1 Lakhs to ₹5.4 Lakhs per year
3 years ₹3.6 Lakhs to ₹5.4 Lakhs per year
4 years ₹4.6 Lakhs to ₹5.9 Lakhs per year
and so on.

Tell us how to improve this page.

HSBC Group Operations Associate salary in India ranges between ₹2.5 Lakhs to ₹9.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 HSBC Group latest salaries received from various employees of HSBC Group.