ICICI Bank Mumbai Market Risk Manager Salaries by 10+ Employees (Updated 2025)

0 - 6 years exp.

₹11 Lakhs - ₹22.5 Lakhs

Salary of majority employees

11% less than the average Market Risk Manager Salary in Banking Companies for 0 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Market Risk Manager Salary 1 - 3 years exp. (4 salaries)	₹16 L/yr - ₹21 L/yr
Finance & Accounting Market Risk Manager Salary 0 - 6 years exp. (4 salaries)	₹11 L/yr - ₹22.5 L/yr
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Data Science & Analytics Market Risk Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹21.4 L/yr
Risk Management & Compliance Market Risk Manager Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹19 L/yr

Last Updated: 28 Feb 2025

Companies similar to ICICI Bank for Market Risk Manager in Mumbai

ICICI Bank Market Risk Manager Salary

0 - 6 years exp. (17 salaries)

₹11 L/yr - ₹22.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Market Risk Manager Salary 2 - 3 years exp. (4 salaries)	₹14.5 L/yr - ₹21 L/yr 2% less
AU Small Finance Bank Market Risk Manager Salary 0 - 3 years exp. (4 salaries)	₹11 L/yr - ₹17 L/yr 25% less
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UBS Market Risk Manager Salary 0 - 6 years exp. (23 salaries)	₹13 L/yr - ₹27 L/yr 7% more
Nomura Holdings Market Risk Manager Salary 6 - 9 years exp. (4 salaries)	₹25.3 L/yr - ₹32 L/yr 64% more
IDBI Bank Market Risk Manager Salary 7 - 13 years exp. (3 salaries)	₹22 L/yr - ₹28.1 L/yr 34% more

Market Risk Manager salary at ICICI Bank ranges between ₹11 Lakhs to ₹22.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 17 latest salaries received from various employees of ICICI Bank.

Experience wise ICICI Bank Market Risk Manager salaries in Mumbai

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹11 L/yr - ₹18 L/yr
1 year (4 salaries)	₹15 L/yr - ₹18 L/yr
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2 years (5 salaries)	₹15 L/yr - ₹21 L/yr
3 years (4 salaries)	₹18 L/yr - ₹20 L/yr
4 years (AmbitionBox Estimate)	₹17.2 L/yr - ₹22 L/yr
5 years (AmbitionBox Estimate)	₹18.2 L/yr - ₹23.3 L/yr
6 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹22.5 L/yr

View all

Similar Designation salaries in ICICI Bank

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(3.6k salaries)

₹2 L/yr - ₹10.55 L/yr

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₹4 L/yr - ₹16 L/yr

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₹1.5 L/yr - ₹4 L/yr

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Senior Risk Analyst Salary

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₹14 L/yr - ₹22 L/yr

Market Risk Analyst Salary

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₹17 L/yr - ₹20.75 L/yr

Senior Analyst Salary

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₹1.75 L/yr - ₹7.44 L/yr

Salary related reviews for ICICI Bank

Deputy Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

4.0

• posted on 27 Oct 2024

3.0

for Salary and Benefits

Likes

Work life balance is there if you are a Virtual RM. Salary is below average as compared to posh cities where cost of living is high like Bangalore. HR policies is good. Fresher should take a chance to learn and embibe in the field. Coming to promotion it is by default your years of experience and expertise in the domain.

Job security - Good

+3 more

Dislikes

CTC Complexities Internal department change is not easy

Deputy Manager in Kolkata

Full Time

Risk Management & Compliance Department

3.0

• posted on 28 Jun 2024

4.0

for Salary and Benefits

Likes

The overall salary structure. Centralized appraisals.

Salary - Good

+1 more

Dislikes

Thank God for centralized appraisals, otherwise one wouldn't get a dime! The company culture is deteriorating with every passing minute. You won't get to learn new things unless the hierarchy sees their own benefit in it. Favourism and partiality goes hand in hand and at a peak level.

Skill development - Poor

+3 more

Deputy Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 06 Jun 2024

2.0

for Salary and Benefits

Likes

I like most the company culture and training programme of the bank.

Job security - Good

+1 more

Dislikes

Salary is not meeting the inflation and that to be in a big city like hyderabad. There is no connection between the post of deputy manager and the role in bank.

Salary - Poor

+1 more

Deputy Manager in Chennai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 06 Jul 2023

3.0

for Salary and Benefits

Likes

Salary

Dislikes

...look you as a Human. Even in this century those people see Caste and Religion. Only the Salary part is good other than that nothing. No Work life balance. Have to work for 12 hours daily. Though there are not much work you will be asked to sit until your senior tells you to go home. They will just change your role without your consent and ask you to move to other departments.

Promotions - Bad

+2 more

Business Analyst in Pune

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 27 Jun 2023

2.0

for Salary and Benefits

Likes

Work life balance and job securities

Job security - Good

+1 more

Dislikes

Job security id there so anyone can survive if they are not performing too, salary is low and promotion and appraisal is rare if you are not from sponsored/Tie up colleges.

Salary - Poor

+3 more

see more salary related reviews

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What people are saying about ICICI Bank

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indispensablefire

works at

ICICI Bank

Need assistance for a job switch

So I just finished a year at ICICI and am now in SO grade in the eRM channel. My highest educational qualification is a B.Com. And now I intend to prepare for FRM. But I’m not sure whether I should stay at ICICI for another year, then switch companies after earning a promotion, and in the meantime, continue pursuing FRM, or if I should switch right away. My current package in Bhubaneswar is 3.1 LPA…

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ICICI Bank Market Risk Manager Salary FAQs

What is the salary of Market Risk Manager at ICICI Bank Mumbai?

Market Risk Manager salary at ICICI Bank in Mumbai ranges between ₹11.0 Lakhs to ₹22.5 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 11% less than the average Market Risk Manager Salary in India. Salary estimates are based on 17 latest salaries received from various employees of ICICI Bank Mumbai.

How does the salary of a Market Risk Manager at ICICI Bank Mumbai compare with the average salary range for this job?

The average salary of a Market Risk Manager at ICICI Bank is 11% less than the average salary of a Market Risk Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than ICICI Bank to a Market Risk Manager in Mumbai?

Nomura Holdings Market Risk Manager Salary - ₹25.3 Lakhs to ₹32.0 Lakhs per year
IDBI Bank Market Risk Manager Salary - ₹22.0 Lakhs to ₹28.1 Lakhs per year
UBS Market Risk Manager Salary - ₹13.0 Lakhs to ₹27.0 Lakhs per year

What is the salary of a Market Risk Manager in companies similar to ICICI Bank in Mumbai?

Axis Bank Market Risk Manager Salary - ₹14.5 Lakhs to ₹21.0 Lakhs per year
AU Small Finance Bank Market Risk Manager Salary - ₹11.0 Lakhs to ₹17.0 Lakhs per year

What is the estimated take home salary of a Market Risk Manager at ICICI Bank in Mumbai?

The estimated take-home salary of a Market Risk Manager at ICICI Bank ranges between ₹1,21,091 per month to ₹1,24,495 per month in Mumbai. The take-home salary calculation is based on the average ICICI Bank Market Risk Manager salary in India which ranges between ₹11.0 Lakhs to ₹22.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Market Risk Manager at ICICI Bank in Mumbai?

According to AmbitionBox, 78% of the ICICI Bank Market Risk Managers in Mumbai reported a notice period of 1 Month, 11% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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ICICI Bank Market Risk Manager Salaries in Mumbai

ICICI Bank Market Risk Manager salary in Mumbai ranges between ₹11 Lakhs to ₹22.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 ICICI Bank latest salaries received from various employees of ICICI Bank.