HSBC Group Senior Associate Salaries by 300+ Employees (Updated 2025)

1 - 8 years exp.

₹4.5 Lakhs - ₹13.2 Lakhs

Salary of majority employees

18% more than the average Senior Associate Salary in Financial Services Companies for 1 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Associate Salary 1 - 8 years exp. (82 salaries)	₹4.2 L/yr - ₹17.2 L/yr
Finance & Accounting Senior Associate Salary 1 - 8 years exp. (56 salaries)	₹8.5 L/yr - ₹18.9 L/yr
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Customer Success, Service & Operations Senior Associate Salary 1 - 8 years exp. (49 salaries)	₹2.7 L/yr - ₹8.8 L/yr
Risk Management & Compliance Senior Associate Salary 1 - 8 years exp. (25 salaries)	₹4.5 L/yr - ₹11.9 L/yr
IT & Information Security Senior Associate Salary 2 - 6 years exp. (11 salaries)	₹5.5 L/yr - ₹12 L/yr

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Last Updated: 17 Feb 2025

Companies similar to HSBC Group for Senior Associate

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Senior Associate Salary 2 - 7 years exp. (125 salaries)	₹2.1 L/yr - ₹8 L/yr 54% less
Barclays Senior Associate Salary 1 - 11 years exp. (79 salaries)	₹3.5 L/yr - ₹13.1 L/yr 26% less
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Deutsche Bank Senior Associate Salary 3 - 11 years exp. (173 salaries)	₹6.3 L/yr - ₹27 L/yr 40% more
JPMorgan Chase & Co. Senior Associate Salary 4 - 18 years exp. (2.3k salaries)	₹13 L/yr - ₹52 L/yr 184% more	11 job openings
Goldman Sachs Senior Associate Salary 5 - 11 years exp. (314 salaries)	₹9.5 L/yr - ₹28.1 L/yr 65% more
Morgan Stanley Senior Associate Salary 1 - 9 years exp. (1.5k salaries)	₹7 L/yr - ₹26 L/yr 46% more
Bank of America Senior Associate Salary 2 - 7 years exp. (115 salaries)	₹1.8 L/yr - ₹9.5 L/yr 59% less
UBS Senior Associate Salary 4 - 10 years exp. (67 salaries)	₹7.3 L/yr - ₹26.1 L/yr 32% more
State Street Corporation Senior Associate Salary 1 - 11 years exp. (4.8k salaries)	₹2.8 L/yr - ₹13 L/yr 33% less	1 job opening
BNP Paribas Senior Associate Salary 1 - 11 years exp. (2.1k salaries)	₹3.6 L/yr - ₹14.5 L/yr 21% less
BNY Senior Associate Salary 1 - 15 years exp. (1.2k salaries)	₹11.7 L/yr - ₹25.1 L/yr 33% more	27 job openings
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ICICI Bank Senior Associate Salary 0 - 9 years exp. (525 salaries)	₹1.2 L/yr - ₹4 L/yr 76% less
Marsh McLennan Senior Associate Salary 3 - 9 years exp. (419 salaries)	₹2.5 L/yr - ₹7 L/yr 57% less
Bnp Paribas Securities Senior Associate Salary 4 - 9 years exp. (304 salaries)	₹3.3 L/yr - ₹10 L/yr 38% less
Citicorp Senior Associate Salary 2 - 9 years exp. (264 salaries)	₹2.4 L/yr - ₹10 L/yr 36% less
Wells Fargo Senior Associate Salary 3 - 13 years exp. (241 salaries)	₹5.6 L/yr - ₹18 L/yr 20% more
American Express Senior Associate Salary 3 - 7 years exp. (114 salaries)	₹13.8 L/yr - ₹22 L/yr 28% more
Kotak Mahindra Bank Senior Associate Salary 1 - 5 years exp. (119 salaries)	₹1.4 L/yr - ₹4 L/yr 75% less
State Bank of India Senior Associate Salary 7 - 15 years exp. (59 salaries)	₹4.5 L/yr - ₹14 L/yr 11% less
HDFC Bank Senior Associate Salary 0 - 11 years exp. (46 salaries)	₹1.7 L/yr - ₹9.6 L/yr 48% less

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Senior Associate salary at HSBC Group ranges between ₹4.5 Lakhs to ₹13.2 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 389 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group Senior Associate salaries

Last Updated: 17 Feb 2025

Experience	Avg Annual Salary
1 year (24 salaries)	₹4 L/yr - ₹11.5 L/yr
2 years (35 salaries)	₹3.9 L/yr - ₹17.2 L/yr
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3 years (53 salaries)	₹4.4 L/yr - ₹18.1 L/yr
4 years (79 salaries)	₹4.5 L/yr - ₹19.4 L/yr
5 years (76 salaries)	₹4.6 L/yr - ₹20 L/yr
6 years (58 salaries)	₹4.8 L/yr - ₹21.6 L/yr
7 years (40 salaries)	₹5 L/yr - ₹22 L/yr
8 years (24 salaries)	₹5.7 L/yr - ₹23.8 L/yr

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Similar Designation salaries in HSBC Group

Senior Engineer Salary

(7 salaries)

₹10 L/yr - ₹31.2 L/yr

Senior Consultant Salary

(169 salaries)

₹11.6 L/yr - ₹40 L/yr

Senior Developer Salary

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Lead Engineer Salary

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₹20 L/yr - ₹60.27 L/yr

Team Lead Salary

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₹6.88 L/yr - ₹25.5 L/yr

System Engineer Salary

(15 salaries)

₹3 L/yr - ₹10.12 L/yr

Web Developer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Technical Lead Salary

(42 salaries)

₹9.8 L/yr - ₹33 L/yr

Technology Analyst Salary

(4 salaries)

₹9 L/yr - ₹38 L/yr

Software Engineer Salary

(1.3k salaries)

₹4.95 L/yr - ₹14.37 L/yr

Top skills at HSBC Group for Senior Associate

Verbal Communication Fixed Income QlikView Data Science Active Directory Bloomberg SQL Communication Skills Research Factset Analytics Investment Research Investment Banking Climate Change Environment

Salary related reviews for HSBC Group

3.4

Rated by 54 employees for salary & benefits

Senior Associate in Bangalore / Bengaluru

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.

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.

Software Engineer in Pune

Full Time

Engineering - Software & QA Department

3.0

• posted on 11 Feb 2022

1.0

for Salary and Benefits

Likes

Work culture varies from team to team. HSBC is a bureaucratic mess. The management is clueless about what is happening and just throws around the latest buzzwords like a parrot There is a lot of scope to develop your skills and learn as there is no one here who knows anything and you yourself have to take up the initiative to do things

Skill development - Good

+2 more

Dislikes

Compensation is poor There are no procedures in place to accomplish things but their feature list is too long, expectations are high and timelines are too tight

Salary - Bad

+2 more

Senior Software Engineer in Hyderabad / Secunderabad

Engineering - Software & QA Department

3.0

• posted on 21 May 2022

2.0

for Salary and Benefits

Likes

Good Work Life balance Excellent paid leaves - 34 leaves + 10 sick leaves per year Good team collaboration Medical insurance covered Transport facility only for the localites

Skill development - Excellent

+3 more

Dislikes

Highly structural and follow standards Pay hikes to be improved - very low compared to the market Struggle to get recognized over the departments - heavy politics No extra amenities provided

Salary - Poor

+1 more

Senior Software Engineer in Yerwada, Pune

Engineering - Software & QA Department

3.0

• posted on 04 Mar 2022

5.0

for Salary and Benefits

Likes

...k Life Balance. Company policies are also good, appraisals are fair and decent. They also give bonus every year.

Salary - Excellent

+3 more

Dislikes

As I was working in IT department of bank, the career growth is slow as IT is secondary to them. They are using lot of legacy technology and no one bother to adapt new. Job security is also not there at senior level and you could see pink slip if your role is redundant.

Skill development - Poor

Software Engineer in Maharashtra

Engineering - Software & QA Department

2.0

• posted on 03 May 2021

2.0

for Salary and Benefits

Likes

The only thing that kept me going was job security. The work culture wasn't really good.

Dislikes

...ement sweet talks you every time you discuss an issue and it rarely gets solved. Salary was good but the yearly bonus/raise was meagre. Not much flexibility with the holiday plan, a lot of it depends on the team also, but overall work culture wasn't a good experience. If you value work satisfaction, welcoming culture, work life balance over salary then this place is not for you.

Salary - Poor

+5 more

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What people are saying about HSBC Group

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a senior business analyst

HSBC GSC Pune

Hi folks, need a help with a decision. Does HSBC GSC allows work from Pune location. I have got an offer for Bengaluru. Any flexibility to work from Pune location? First level of understanding i got is that they don’t have GSC offices in Pune. Can someone throw some light? Thanks in advance.

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HSBC Group Senior Associate Salary FAQs

What is the salary of Senior Associate at HSBC Group?

Senior Associate salary at HSBC Group in India ranges between ₹4.5 Lakhs to ₹13.2 Lakhs for experience between 1 years to 8 years. According to our estimates it is 18% more than the average Senior Associate Salary in India. Salary estimates are based on 389 latest salaries received from various employees of HSBC Group India.

How does the salary of a Senior Associate at HSBC Group India compare with the average salary range for this job?

The average salary of a Senior Associate at HSBC Group is 18% more than the average salary of a Senior Associate in India. To know exact salary insights, login to view.

What are the top skills required to work as a Senior Associate at HSBC Group?

Verbal Communication, Fixed Income, QlikView, Data Science and Active Directory are some of the popular skills required to work as a Senior Associate at HSBC Group India.

Which similar companies are paying more than HSBC Group to a Senior Associate in India?

JPMorgan Chase & Co. Senior Associate Salary - ₹13.0 Lakhs to ₹52.0 Lakhs per year
Goldman Sachs Senior Associate Salary - ₹9.5 Lakhs to ₹28.1 Lakhs per year
Morgan Stanley Senior Associate Salary - ₹7.0 Lakhs to ₹26.0 Lakhs per year
Deutsche Bank Senior Associate Salary - ₹6.3 Lakhs to ₹27.0 Lakhs per year
BNY Senior Associate Salary - ₹11.7 Lakhs to ₹25.1 Lakhs per year

What is the salary of a Senior Associate in companies similar to HSBC Group in India?

UBS Senior Associate Salary - ₹7.3 Lakhs to ₹26.1 Lakhs per year
American Express Senior Associate Salary - ₹13.8 Lakhs to ₹22.0 Lakhs per year
Wells Fargo Senior Associate Salary - ₹5.6 Lakhs to ₹18.0 Lakhs per year
State Bank of India Senior Associate Salary - ₹4.5 Lakhs to ₹14.0 Lakhs per year
BNP Paribas Senior Associate Salary - ₹3.6 Lakhs to ₹14.5 Lakhs per year

What is the estimated take home salary of a Senior Associate at HSBC Group in India?

The estimated take-home salary of a Senior Associate at HSBC Group ranges between ₹79,239 per month to ₹81,300 per month in India. The take-home salary calculation is based on the average HSBC Group Senior Associate salary in India which ranges between ₹4.5 Lakhs to ₹13.2 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Senior Associate at HSBC Group?

According to AmbitionBox, 36% of the HSBC Group Senior Associates reported a notice period of 2 Months, 35% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 212 responses on AmbitionBox in last 2 years.

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HSBC Group Senior Associate Salaries

HSBC Group Senior Associate salary in India ranges between ₹4.5 Lakhs to ₹13.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 389 HSBC Group latest salaries received from various employees of HSBC Group.

HSBC Group Senior Associate salaries in India

Companies similar to HSBC Group for Senior Associate

Latest annual salaries shared by HSBC Group Senior Associate

Experience wise HSBC Group Senior Associate salaries

Similar Designation salaries in HSBC Group

Top skills at HSBC Group for Senior Associate

Salary related reviews for HSBC Group

Senior Associate in Bangalore / Bengaluru

Software Engineer in Pune

Senior Software Engineer in Hyderabad / Secunderabad

Senior Software Engineer in Yerwada, Pune

Software Engineer in Maharashtra

HSBC Group Senior Associate Salary FAQs

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HSBC Group Senior Associate Salaries by Location