HSBC Group Senior Wealth Manager Salaries by 4 Employees

6 - 8 years exp.

₹8.4 Lakhs - ₹11 Lakhs

Low Confidence

Salary of majority employees

At par with the average Senior Wealth Manager Salary in Financial Services Companies for 6 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Wealth Manager Salary 7 - 8 years exp. (3 salaries)	₹8.4 L/yr - ₹11 L/yr
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Sales & Business Development Senior Wealth Manager Salary 6 years exp. (AmbitionBox Estimate)	₹8.2 L/yr - ₹10 L/yr

Last Updated: 31 Jul 2024

Companies similar to HSBC Group for Senior Wealth Manager

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Senior Wealth Manager Salary 8 - 10 years exp. (3 salaries)	₹14 L/yr - ₹22 L/yr 101% more
ICICI Bank Senior Wealth Manager Salary 3 - 10 years exp. (14 salaries)	₹5 L/yr - ₹15 L/yr 16% more
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Axis Bank Senior Wealth Manager Salary 4 - 7 years exp. (6 salaries)	₹6 L/yr - ₹14 L/yr 15% more
HDFC Bank Senior Wealth Manager Salary 11 - 18 years exp. (4 salaries)	₹12.5 L/yr - ₹25 L/yr 90% more
State Bank of India Senior Wealth Manager Salary 9 - 11 years exp. (4 salaries)	₹12 L/yr - ₹20.5 L/yr 71% more
Kotak Mahindra Bank Senior Wealth Manager Salary 11 - 14 years exp. (4 salaries)	₹13 L/yr - ₹17 L/yr 72% more
IndusInd Bank Senior Wealth Manager Salary 3 - 9 years exp. (6 salaries)	₹7.4 L/yr - ₹20.3 L/yr 52% more
Yes Bank Senior Wealth Manager Salary 1 - 14 years exp. (5 salaries)	₹8.6 L/yr - ₹11 L/yr 1% more
Citicorp Senior Wealth Manager Salary 7 - 9 years exp. (5 salaries)	₹14 L/yr - ₹25 L/yr 134% more
Aditya Birla Capital Senior Wealth Manager Salary 1 - 6 years exp. (4 salaries)	₹5 L/yr - ₹6 L/yr 44% less

Senior Wealth Manager salary at HSBC Group ranges between ₹8.4 Lakhs to ₹11 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group Senior Wealth Manager salaries

Last Updated: 31 Jul 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹17 L/yr
7 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹11 L/yr
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8 years (AmbitionBox Estimate)	₹9 L/yr - ₹16.8 L/yr

Similar Designation salaries in HSBC Group

Wealth Manager Salary

(4 salaries)

₹7 L/yr - ₹10.03 L/yr

Senior Relationship Manager Salary

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₹4 L/yr - ₹9 L/yr

Relationship Wealth Manager Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Branch Manager Salary

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₹10.5 L/yr - ₹15.42 L/yr

Area Manager Salary

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₹11.5 L/yr - ₹14.7 L/yr

Sales Manager Salary

(4 salaries)

₹5 L/yr - ₹6 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Deputy Manager Salary

(14 salaries)

₹6 L/yr - ₹10.51 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹15.8 L/yr - ₹20.1 L/yr

Senior Associate Salary

(407 salaries)

₹8.3 L/yr - ₹20 L/yr

Salary related reviews for HSBC Group

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.

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

Devops Engineer in Pune

Full Time

Engineering - Software & QA Department

4.0

• posted on 26 Dec 2024

3.0

for Salary and Benefits

Likes

If you are looking for Growth in work and Good work culture and work life balance then HSBC is definitely one of the best options.

Skill development - Good

+4 more

Dislikes

Appraisals and Promotions are not good. Pay wise you may not feel satisfied ever. Good for 35 + people who are already in good carreer bands.

see more salary related reviews

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HSBC Group Senior Wealth Manager Salary FAQs

What is the salary of Senior Wealth Manager at HSBC Group ?

The average salary of a Senior Wealth Manager at HSBC Group in India typically ranges from ₹8.4 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 6 years to 8 years).

The top 10% of Senior Wealth Manager at HSBC Group earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Senior Wealth Manager 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 4 HSBC Group employees in India.

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

The estimated take-home salary of a Senior Wealth Manager at HSBC Group in India typically ranges from ₹68,066 to ₹69,810 per month. This is based on the average salary range of ₹8.4 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 6 years to 8 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 4 salaries received from various employees of HSBC Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HSBC Group for Senior Wealth Manager in India?

Citicorp	₹14.0 Lakhs to ₹25.0 Lakhs per year
Standard Chartered	₹14.0 Lakhs to ₹22.0 Lakhs per year
HDFC Bank	₹12.5 Lakhs to ₹25.0 Lakhs per year
Kotak Mahindra Bank	₹13.0 Lakhs to ₹17.0 Lakhs per year
State Bank of India	₹12.0 Lakhs to ₹20.5 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 Senior Wealth Manager in companies similar to HSBC Group in India?

The salary of a Senior Wealth Manager at companies similar to HSBC Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IndusInd Bank	₹7.4 Lakhs to ₹20.3 Lakhs per year
ICICI Bank	₹5.0 Lakhs to ₹15.0 Lakhs per year
Axis Bank	₹6.0 Lakhs to ₹14.0 Lakhs per year
Yes Bank	₹8.6 Lakhs to ₹11.0 Lakhs per year
Aditya Birla Capital	₹5.0 Lakhs to ₹6.0 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 Senior Wealth Manager at HSBC Group in India?

The salary growth for a Senior Wealth Manager at HSBC Group depends on factors such as experience, performance, and promotions. On average, a Senior Wealth Manager can expect the following growth trajectory at HSBC Group:

Experience	Average Salary Range
6 years	₹9.1 Lakhs to ₹17.0 Lakhs per year
7 years	₹8.4 Lakhs to ₹11.0 Lakhs per year
8 years	₹9.0 Lakhs to ₹16.8 Lakhs per year

and so on.

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HSBC Group Senior Wealth Manager Salaries

HSBC Group Senior Wealth Manager salary in India ranges between ₹8.4 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HSBC Group latest salaries received from various employees of HSBC Group.