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ICICI Bank

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4.0

based on 36.6k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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ICICI Bank Risk Manager salaries in Mumbai

Annual salary range
1 - 5 years exp.
₹9.5 Lakhs - ₹24 Lakhs
Salary of majority employees
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16% more than the average Risk Manager Salary in Banking Companies for 1 - 5 years of experience

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Salaries in different departments

Risk Management & Compliance
Risk Manager Salary
1 - 5 years exp. (9 salaries)
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₹9 L/yr - ₹24 L/yr

BFSI, Investments & Trading
Risk Manager Salary
1 - 5 years exp. (5 salaries)
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₹14.3 L/yr - ₹18 L/yr

Finance & Accounting
Risk Manager Salary
3 - 4 years exp. (3 salaries)
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₹10.7 L/yr - ₹21.5 L/yr

Product Management
Risk Manager Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹13.2 L/yr - ₹14.9 L/yr

Research & Development
Risk Manager Salary
1 year exp. (AmbitionBox Estimate)
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₹12 L/yr - ₹16.7 L/yr

Last Updated: 15 Dec 2024

Companies similar to ICICI Bank for Risk Manager in Mumbai

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ICICI Bank Risk Manager Salary

1 - 5 years exp. (28 salaries)

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₹9.5 L/yr - ₹24 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Risk Manager Salary

1 - 9 years exp. (23 salaries)

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₹7.5 L/yr - ₹19.1 L/yr

arrow icon 29% less
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Axis Bank Risk Manager Salary

1 - 17 years exp. (21 salaries)

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₹7.2 L/yr - ₹20 L/yr

arrow icon 15% less
1 job opening
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State Bank of India Risk Manager Salary

5 - 11 years exp. (4 salaries)

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₹18 L/yr - ₹27 L/yr

arrow icon 24% more
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Kotak Mahindra Bank Risk Manager Salary

1 - 11 years exp. (11 salaries)

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₹6.4 L/yr - ₹10.8 L/yr

arrow icon 48% less
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Yes Bank Risk Manager Salary

1 - 10 years exp. (15 salaries)

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₹8.7 L/yr - ₹16.7 L/yr

arrow icon 24% less
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IDFC FIRST Bank Risk Manager Salary

0 - 6 years exp. (34 salaries)

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₹9 L/yr - ₹24 L/yr

arrow icon 12% more
1 job opening
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Union Bank of India Risk Manager Salary

5 - 9 years exp. (8 salaries)

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₹10.3 L/yr - ₹18.5 L/yr

arrow icon 12% less
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Bank of Baroda Risk Manager Salary

7 - 11 years exp. (3 salaries)

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₹8 L/yr - ₹20 L/yr

arrow icon 6% more
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Bank of India Risk Manager Salary

7 - 10 years exp. (3 salaries)

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₹15 L/yr - ₹24 L/yr

arrow icon 12% more
Risk Manager salary at ICICI Bank ranges between ₹9.5 Lakhs to ₹24 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 28 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Risk Manager in Mumbai

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Experience wise ICICI Bank Risk Manager salaries in Mumbai

Last Updated: 15 Dec 2024

Experience Avg Annual Salary
1 year  (8 salaries)

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₹12 L/yr - ₹18 L/yr
2 years  (9 salaries)

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₹6.8 L/yr - ₹18.1 L/yr
3 years  (4 salaries)

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₹6.4 L/yr - ₹22 L/yr
4 years  (3 salaries)

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₹6.4 L/yr - ₹24 L/yr
5 years  (4 salaries)

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₹6.4 L/yr - ₹24 L/yr

Similar Designation salaries in ICICI Bank

Deputy Manager Salary
(3.7k salaries)
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₹2 L/yr - ₹10.55 L/yr
Team Lead Salary
(162 salaries)
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₹1 L/yr - ₹6.81 L/yr
Senior Associate Salary
(122 salaries)
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₹1.5 L/yr - ₹4 L/yr
Finance Manager Salary
(30 salaries)
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₹6.5 L/yr - ₹20 L/yr
Audit Manager Salary
(15 salaries)
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₹6.3 L/yr - ₹14 L/yr
Accountant Salary
(10 salaries)
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₹1.4 L/yr - ₹6.3 L/yr
Auditor Salary
(8 salaries)
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₹1.7 L/yr - ₹6.66 L/yr
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₹15.3 L/yr - ₹20.18 L/yr

Top skills at ICICI Bank for Risk Manager

Credit Risk Management Stress Testing Regulatory Reporting Market Risk Basel II Derivatives Basel VAR

Salary related reviews for ICICI Bank

3.0

Rated by 1 employees for salary & benefits

Risk Management & Compliance Department

5.0
  •  posted on 15 Mar 2019

5.0
 for  Salary and Benefits

Likes

...y of document. 110% job security never ever felt that there is threat to my job. Only salary and appraisal is the concern when compared to NBFCs otherwise you will find peace in the organisation.

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Dislikes

Increment

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.

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Dislikes

CTC Complexities Internal department change is not easy

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.

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.

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Full Time

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Finance & Accounting Department

5.0
  •  posted on 17 Sep 2024

5.0
 for  Salary and Benefits

Likes

Work culture: Reviewers say the work culture is friendly and good. HR policies: Reviewers say the HR policies are supportive and good. Job security: Reviewers say there is good job security. Inclusive culture: ICICI Bank says it has an inclusive culture that is free from biases. Harassment-free environment: ICICI Bank says it has policies in place to create a harassment-free work environment.

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Dislikes

... Some say there is no work-life balance, and that late working hours are common. Salary: Some say the salary is low, especially in cities like Mumbai. Management: Some say the management is poor and that politics drain them. Sales: Some say sales are tough, and that you'll never find peace.

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Full Time

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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.

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.

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ICICI Bank Risk Manager Salary FAQs

What is the salary of Risk Manager at ICICI Bank Mumbai?
Risk Manager salary at ICICI Bank in Mumbai ranges between ₹9.5 Lakhs to ₹24.0 Lakhs for experience between 1 years to 5 years. According to our estimates it is 16% more than the average Risk Manager Salary in India. Salary estimates are based on 28 latest salaries received from various employees of ICICI Bank Mumbai.
How does the salary of a Risk Manager at ICICI Bank Mumbai compare with the average salary range for this job?
The average salary of a Risk Manager at ICICI Bank is 16% more than the average salary of a Risk Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Risk Manager at ICICI Bank?
Credit Risk Management, Stress Testing, Regulatory Reporting, Market Risk and Basel II are some of the popular skills required to work as a Risk Manager at ICICI Bank Mumbai.
Which similar companies are paying more than ICICI Bank to a Risk Manager in Mumbai?
  • State Bank of India Risk Manager Salary - ₹18.0 Lakhs to ₹27.0 Lakhs per year
  • IDFC FIRST Bank Risk Manager Salary - ₹9.0 Lakhs to ₹24.0 Lakhs per year
  • Bank of India Risk Manager Salary - ₹15.0 Lakhs to ₹24.0 Lakhs per year
  • Bank of Baroda Risk Manager Salary - ₹8.0 Lakhs to ₹20.0 Lakhs per year
What is the salary of a Risk Manager in companies similar to ICICI Bank in Mumbai?
  • Union Bank of India Risk Manager Salary - ₹10.3 Lakhs to ₹18.5 Lakhs per year
  • Axis Bank Risk Manager Salary - ₹7.2 Lakhs to ₹20.0 Lakhs per year
  • Yes Bank Risk Manager Salary - ₹8.7 Lakhs to ₹16.7 Lakhs per year
  • HDFC Bank Risk Manager Salary - ₹7.5 Lakhs to ₹19.1 Lakhs per year
  • Kotak Mahindra Bank Risk Manager Salary - ₹6.4 Lakhs to ₹10.8 Lakhs per year
What is the estimated take home salary of a Risk Manager at ICICI Bank in Mumbai?
The estimated take-home salary of a Risk Manager at ICICI Bank ranges between ₹1,10,518 per month to ₹1,13,579 per month in Mumbai. The take-home salary calculation is based on the average ICICI Bank Risk Manager salary in India which ranges between ₹9.5 Lakhs to ₹24.0 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?
What is the notice period for Risk Manager at ICICI Bank in Mumbai?
According to AmbitionBox, 94% of the ICICI Bank Risk Managers in Mumbai reported a notice period of 1 Month, 6% reported a notice period of 2 Months.This is based on 18 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

ICICI Bank Risk Manager salary in Mumbai ranges between ₹9.5 Lakhs to ₹24 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 28 ICICI Bank latest salaries received from various employees of ICICI Bank.