HSBC Group Mumbai Senior Associate Salaries by 10+ Employees (Updated 2025)

1 - 7 years exp.

₹5.2 Lakhs - ₹14.3 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)	Unlock ₹5.7 L/yr - ₹13.3 L/yr
Customer Success, Service & Operations Senior Associate Salary 2 years exp. (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹10.1 L/yr
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Sales & Business Development Senior Associate Salary 1 year exp. (AmbitionBox Estimate)	Unlock ₹6.6 L/yr - ₹13.7 L/yr

Last Updated: 7 Dec 2024

Companies similar to HSBC Group for Senior Associate in Mumbai

HSBC Group Senior Associate Salary

1 - 7 years exp. (12 salaries)

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₹5.2 L/yr - ₹14.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Senior Associate Salary 4 - 6 years exp. (4 salaries)	Unlock ₹5 L/yr - ₹7 L/yr 55% less
Barclays Senior Associate Salary 3 - 7 years exp. (4 salaries)	Unlock ₹4 L/yr - ₹13 L/yr 25% less
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Deutsche Bank Senior Associate Salary 4 - 11 years exp. (29 salaries)	Unlock ₹7.2 L/yr - ₹27 L/yr 43% more
JPMorgan Chase & Co. Senior Associate Salary 4 - 18 years exp. (576 salaries)	Unlock ₹15 L/yr - ₹48 L/yr 174% more	14 job openings
Morgan Stanley Senior Associate Salary 0 - 9 years exp. (786 salaries)	Unlock ₹7 L/yr - ₹27.2 L/yr 38% more
Bank of America Senior Associate Salary 3 - 7 years exp. (3 salaries)	Unlock ₹4.5 L/yr - ₹5.2 L/yr 60% less
UBS Senior Associate Salary 3 - 9 years exp. (23 salaries)	Unlock ₹6.3 L/yr - ₹24.1 L/yr 27% more
BNP Paribas Senior Associate Salary 1 - 11 years exp. (847 salaries)	Unlock ₹4 L/yr - ₹15 L/yr 22% less
State Street Corporation Senior Associate Salary 1 - 12 years exp. (354 salaries)	Unlock ₹3.2 L/yr - ₹10.8 L/yr 45% less	1 job opening
Marsh McLennan Senior Associate Salary 3 - 9 years exp. (336 salaries)	Unlock ₹2.4 L/yr - ₹6.6 L/yr 58% less
ICICI Bank Senior Associate Salary 0 - 7 years exp. (122 salaries)	Unlock ₹1.5 L/yr - ₹3.8 L/yr 79% less
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Bnp Paribas Securities Senior Associate Salary 4 - 9 years exp. (58 salaries)	Unlock ₹3.6 L/yr - ₹9.1 L/yr 37% less
Citicorp Senior Associate Salary 2 - 9 years exp. (42 salaries)	Unlock ₹4 L/yr - ₹9.3 L/yr 34% less
BNY Senior Associate Salary 2 - 14 years exp. (41 salaries)	Unlock ₹10.8 L/yr - ₹25.7 L/yr 22% more	31 job openings
Kotak Mahindra Bank Senior Associate Salary 1 - 7 years exp. (27 salaries)	Unlock ₹1.5 L/yr - ₹4 L/yr 75% less
HDFC Bank Senior Associate Salary 2 - 8 years exp. (9 salaries)	Unlock ₹2.2 L/yr - ₹10.7 L/yr 50% less
Yes Bank Senior Associate Salary 3 - 9 years exp. (8 salaries)	Unlock ₹2.7 L/yr - ₹7 L/yr 65% less
IndusInd Bank Senior Associate Salary 2 - 8 years exp. (5 salaries)	Unlock ₹2.5 L/yr - ₹12 L/yr 38% less
Axis Bank Senior Associate Salary 2 - 7 years exp. (4 salaries)	Unlock ₹1.9 L/yr - ₹4.9 L/yr 72% less

Senior Associate salary at HSBC Group ranges between ₹5.2 Lakhs to ₹14.3 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.

Experience wise HSBC Group Senior Associate salaries in Mumbai

Last Updated: 7 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹6.6 L/yr - ₹16.5 L/yr
2 years (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹17.8 L/yr
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3 years (3 salaries)	Unlock ₹4.3 L/yr - ₹19.2 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹5.7 L/yr - ₹20.5 L/yr
5 years (3 salaries)	Unlock ₹6 L/yr - ₹21 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹11.6 L/yr - ₹14.8 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹7.9 L/yr - ₹24 L/yr

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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

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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2w (edited)

an associate vice president

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read 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 ₹14.3 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
Deutsche Bank Senior Associate Salary - ₹7.2 Lakhs to ₹27.0 Lakhs per year
Morgan Stanley Senior Associate Salary - ₹7.0 Lakhs to ₹27.2 Lakhs per year
UBS Senior Associate Salary - ₹6.3 Lakhs to ₹24.1 Lakhs per year
BNY Senior Associate Salary - ₹10.8 Lakhs to ₹25.7 Lakhs per year

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

BNP Paribas Senior Associate Salary - ₹4.0 Lakhs to ₹15.0 Lakhs per year
Barclays Senior Associate Salary - ₹4.0 Lakhs to ₹13.0 Lakhs per year
Citicorp Senior Associate Salary - ₹4.0 Lakhs to ₹9.3 Lakhs per year
Bnp Paribas Securities Senior Associate Salary - ₹3.6 Lakhs to ₹9.1 Lakhs per year
IndusInd Bank Senior Associate Salary - ₹2.5 Lakhs to ₹12.0 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 ₹83,681 per month to ₹85,867 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 ₹14.3 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.

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HSBC Group Senior Associate Salaries in Mumbai

HSBC Group Senior Associate salary in Mumbai ranges between ₹5.2 Lakhs to ₹14.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 HSBC Group latest salaries received from various employees of HSBC Group.