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IDBI Bank Market Risk Manager salaries in Mumbai

Annual salary range
7 - 13 years exp.
₹22 Lakhs - ₹28.1 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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21% more than the average Market Risk Manager Salary in Banking Companies for 7 - 13 years of experience

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Salaries in different departments

Risk Management & Compliance
Market Risk Manager Salary
7 - 13 years exp. (AmbitionBox Estimate)
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₹22 L/yr - ₹28.1 L/yr

Data Science & Analytics
Market Risk Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹19.8 L/yr - ₹24.2 L/yr

Last Updated: 6 Apr 2024

Companies similar to IDBI Bank for Market Risk Manager in Mumbai

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IDBI Bank Market Risk Manager Salary

7 - 13 years exp. (3 salaries)

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₹22 L/yr - ₹28.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Market Risk Manager Salary

0 - 4 years exp. (15 salaries)

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₹11 L/yr - ₹21 L/yr

arrow icon 32% less
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Axis Bank Market Risk Manager Salary

2 - 3 years exp. (5 salaries)

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₹9 L/yr - ₹21 L/yr

arrow icon 40% less
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₹11 L/yr - ₹17 L/yr

arrow icon 44% less
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Nomura Holdings Market Risk Manager Salary

6 - 9 years exp. (4 salaries)

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₹25.3 L/yr - ₹32 L/yr

arrow icon 22% more
1 job opening
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Citigroup Market Risk Manager Salary

8 - 10 years exp. (3 salaries)

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₹18 L/yr - ₹25 L/yr

arrow icon 14% less
Market Risk Manager salary at IDBI Bank ranges between ₹22 Lakhs to ₹28.1 Lakhs per year for employees with experience between 7 years to 13 years. Salary estimates are based on 3 latest salaries received from various employees of IDBI Bank.

Latest annual salaries shared by IDBI Bank Market Risk Manager in Mumbai

8mo ago
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7 years exp.
1y ago
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13 years exp.
1y ago
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12 years exp.

Experience wise IDBI Bank Market Risk Manager salaries in Mumbai

Last Updated: 6 Apr 2024

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹25.3 L/yr - ₹32.3 L/yr
12 years (AmbitionBox Estimate)

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₹19.8 L/yr - ₹25.3 L/yr
13 years (AmbitionBox Estimate)

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₹19.8 L/yr - ₹25.3 L/yr

Salary related reviews for IDBI Bank

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 21 Nov 2024

4.0
 for  Salary and Benefits

Likes

They offer good salary .

Dislikes

Promotion process is not transparent. Also admin transfers are very harsh for women employees. They do not consider whether an employee is having small kid or pregnant. Very long working hours . Sitting in branches till 8 pm is usual .

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 17 Jul 2024

2.0
 for  Salary and Benefits

Likes

...elf is a terrible job not only this bank for that matter every bank I could say. The only positive thing I like in this bank is giving a good amount of salary, that's it nothing more.

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Dislikes

I literally hate selling the LIC policies here especially in this IDBI Bank.For every month each staff has to sell minimum 2 LIC policies and general insurance policies, if not sometimes the regional office will not leave you to go to home and even the employees have no other option left and they themselves take the LIC policies and general insurance policies for them and for their family to avoid this pressure. I don't even understand are we bankers or selling agents, seriously this was the only reason I have resigned my job along with some other reasons pertaining to work culture as well. But mostly I highly recommend not to join this particular bank or any bank for that matter. The pressure will be immensely high to do LIC policies, General insurances and other government schemes as well. I hope this is very much helpful for others who are going to join or about to join .Please make sure you read this before joining in this bank or any bank. "Think before you Join".

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Full Time

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BFSI, Investments & Trading Department

2.0
  •  posted on 09 Jul 2024

4.0
 for  Salary and Benefits

Likes

Young demography. Salary and perks.

Dislikes

You need to beg to avail your casual leave for one day. Frequent change of transfer policy. And very low probability of promotion. Transfer across the country against the request of the employee putting the personal life of employee and their family members in deep trouble. Irrational targets and pressure for third party products leaving no time to work for the core banking business. You have to forget life and do only work.

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Full Time

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BFSI, Investments & Trading Department

3.0
  •  posted on 18 Mar 2024

5.0
 for  Salary and Benefits

Likes

They follows IBA salary structure.So every staff gets a good salary.promotions facility are good for executive..after 3 years they promoted to Assistant manager and get a good salary.Bank cultures are good as compared to other private banks like HDFC ,ICICI etc. Leave policy and other facilities are very good for officers .

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Dislikes

Beside salary nothing is good in this company. 1. Without proper training they send new joiners into branch and tell to do their job . 2.Most of the staffs' work locations are very far way from home locations. It's very problem for your family. 3. Higher managements are very casual and slow for their work. 4 . You could not get proper guidance from higher authority at the beginning of your job. Learning is very hard for this bank

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Full Time

 · 

Other Department

1.0
  •  posted on 14 Nov 2023

4.0
 for  Salary and Benefits

Likes

only good salary

Dislikes

poor work conditions too much targets uneducated and cruel HR sitting on top and doing nothing about employees. LIC is father of this bank u can survive only by doing LIC. NEVER JOIN IDBI

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IDBI Bank Market Risk Manager Salary FAQs

What is the notice period for Market Risk Manager at IDBI Bank in Mumbai?
According to AmbitionBox, 100% of the IDBI Bank Market Risk Managers in Mumbai reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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IDBI Bank Market Risk Manager salary in Mumbai ranges between ₹22 Lakhs to ₹28.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 IDBI Bank latest salaries received from various employees of IDBI Bank.