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HSBC Group

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4.0

based on 4.6k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HSBC Group Senior Associate salaries in Mumbai

Annual salary range
1 - 7 years exp.
₹5.2 Lakhs - ₹13.7 Lakhs
Salary of majority employees
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14% more than the average Senior Associate Salary in Financial Services Companies for 1 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Associate Salary
4 - 7 years exp. (4 salaries)
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₹5.7 L/yr - ₹12.8 L/yr

Customer Success, Service & Operations
Senior Associate Salary
2 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹9.7 L/yr

Sales & Business Development
Senior Associate Salary
1 year exp. (AmbitionBox Estimate)
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₹6.6 L/yr - ₹13.1 L/yr

Last Updated: 7 Dec 2024

Companies similar to HSBC Group for Senior Associate in Mumbai

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HSBC Group Senior Associate Salary

1 - 7 years exp. (12 salaries)

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₹5.2 L/yr - ₹13.7 L/yr

vs
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4 - 8 years exp. (4 salaries)

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₹8.9 L/yr - ₹24 L/yr

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Morgan Stanley Senior Associate Salary

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₹6.3 L/yr - ₹22 L/yr

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Bank of America Senior Associate Salary

3 - 7 years exp. (3 salaries)

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₹4.5 L/yr - ₹5.2 L/yr

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UBS Senior Associate Salary

5 - 9 years exp. (19 salaries)

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₹7.3 L/yr - ₹27 L/yr

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BNP Paribas Senior Associate Salary

1 - 11 years exp. (832 salaries)

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₹4.5 L/yr - ₹17 L/yr

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Marsh McLennan Senior Associate Salary

3 - 9 years exp. (335 salaries)

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₹2.4 L/yr - ₹6.6 L/yr

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State Street Corporation Senior Associate Salary

1 - 11 years exp. (324 salaries)

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ICICI Bank Senior Associate Salary

0 - 7 years exp. (125 salaries)

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₹1.5 L/yr - ₹4 L/yr

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₹4 L/yr - ₹9.1 L/yr

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BNY Senior Associate Salary

1 - 11 years exp. (44 salaries)

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₹8.7 L/yr - ₹19.3 L/yr

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Citicorp Senior Associate Salary

2 - 9 years exp. (39 salaries)

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₹2.4 L/yr - ₹12 L/yr

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Kotak Mahindra Bank Senior Associate Salary

1 - 6 years exp. (24 salaries)

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₹1.5 L/yr - ₹3.9 L/yr

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HDFC Bank Senior Associate Salary

2 - 8 years exp. (9 salaries)

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₹2.2 L/yr - ₹10.7 L/yr

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Yes Bank Senior Associate Salary

3 - 9 years exp. (8 salaries)

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₹2.7 L/yr - ₹7 L/yr

arrow icon 64% less
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IndusInd Bank Senior Associate Salary

2 - 8 years exp. (5 salaries)

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₹4 L/yr - ₹12 L/yr

arrow icon 35% less
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Axis Bank Senior Associate Salary

2 - 7 years exp. (4 salaries)

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₹1.9 L/yr - ₹4.9 L/yr

arrow icon 72% less
Senior Associate salary at HSBC Group ranges between ₹5.2 Lakhs to ₹13.7 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 12 latest salaries received from various employees of HSBC Group.

Latest annual salaries shared by HSBC Group Senior Associate in Mumbai

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Experience wise HSBC Group Senior Associate salaries in Mumbai

Last Updated: 7 Dec 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹6.6 L/yr - ₹16.9 L/yr
2 years (AmbitionBox Estimate)

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₹4 L/yr - ₹18 L/yr
3 years  (3 salaries)

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₹4.3 L/yr - ₹19.1 L/yr
4 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹20.2 L/yr
5 years  (3 salaries)

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₹6 L/yr - ₹21 L/yr
View all

Similar Designation salaries in HSBC Group

Team Lead Salary
(3 salaries)
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₹8 L/yr - ₹17.5 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

2.1

Rated by 2 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

 · 

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

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  • 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

read more
  • Salary - Bad
    +2 more

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

read more
  • 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

read more
  • Salary - Poor
    +1 more

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.

read more
  • 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.

read more
  • Skill development - Poor

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.

read more
  • Salary - Poor
    +5 more
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HSBC Group Senior Associate Salary FAQs

What is the salary of Senior Associate at HSBC Group Mumbai?
Senior Associate salary at HSBC Group in Mumbai ranges between ₹5.2 Lakhs to ₹13.7 Lakhs for experience between 1 years to 7 years. According to our estimates it is 14% more than the average Senior Associate Salary in India. Salary estimates are based on 12 latest salaries received from various employees of HSBC Group Mumbai.
How does the salary of a Senior Associate at HSBC Group Mumbai compare with the average salary range for this job?
The average salary of a Senior Associate at HSBC Group is 14% more than the average salary of a Senior Associate in Mumbai. 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 Mumbai.
Which similar companies are paying more than HSBC Group to a Senior Associate in Mumbai?
  • JPMorgan Chase & Co. Senior Associate Salary - ₹15.0 Lakhs to ₹48.0 Lakhs per year
  • Goldman Sachs Senior Associate Salary - ₹8.9 Lakhs to ₹24.0 Lakhs per year
  • UBS Senior Associate Salary - ₹7.3 Lakhs to ₹27.0 Lakhs per year
  • Deutsche Bank Senior Associate Salary - ₹6.9 Lakhs to ₹27.0 Lakhs per year
  • Morgan Stanley Senior Associate Salary - ₹6.3 Lakhs to ₹22.0 Lakhs per year
What is the salary of a Senior Associate in companies similar to HSBC Group in Mumbai?
  • BNY Senior Associate Salary - ₹8.7 Lakhs to ₹19.3 Lakhs per year
  • BNP Paribas Senior Associate Salary - ₹4.5 Lakhs to ₹17.0 Lakhs per year
  • IndusInd Bank Senior Associate Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year
  • Citicorp Senior Associate Salary - ₹2.4 Lakhs to ₹12.0 Lakhs per year
  • Bnp Paribas Securities Senior Associate Salary - ₹4.0 Lakhs to ₹9.1 Lakhs per year
What is the estimated take home salary of a Senior Associate at HSBC Group in Mumbai?
The estimated take-home salary of a Senior Associate at HSBC Group ranges between ₹82,379 per month to ₹84,529 per month in Mumbai. The take-home salary calculation is based on the average HSBC Group Senior Associate salary in India which ranges between ₹5.2 Lakhs to ₹13.7 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?
What is the notice period for Senior Associate at HSBC Group in Mumbai?
According to AmbitionBox, 33% of the HSBC Group Senior Associates in Mumbai reported a notice period of 1 Month, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HSBC Group Senior Associate salary in Mumbai ranges between ₹5.2 Lakhs to ₹13.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 HSBC Group latest salaries received from various employees of HSBC Group.