IDFC FIRST Bank Risk Consulting Associate Salaries by 4 Employees (Updated 2025)

2 - 5 years exp.

₹2.7 Lakhs - ₹4.1 Lakhs

Low Confidence

Salary of majority employees

70% less than the average Risk Consulting Associate Salary in Banking Companies for 2 - 5 years of experience

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Salaries in different departments

Risk Management & Compliance Risk Consulting Associate Salary 3 - 5 years exp. (3 salaries)	₹3.1 L/yr - ₹4.1 L/yr
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Finance & Accounting Risk Consulting Associate Salary 2 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr

Last Updated: 15 Feb 2025

Companies similar to IDFC FIRST Bank for Risk Consulting Associate

Company name	Avg Annual Salary	Open Jobs
Moody's Analytics Risk Consulting Associate Salary 0 - 3 years exp. (22 salaries)	₹10 L/yr - ₹16.1 L/yr 296% more
PwC Risk Consulting Associate Salary 1 - 6 years exp. (12 salaries)	₹8.2 L/yr - ₹11.5 L/yr 194% more
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RSM US in India Risk Consulting Associate Salary 0 - 2 years exp. (5 salaries)	₹7 L/yr - ₹12 L/yr 171% more
Moody's Risk Consulting Associate Salary 0 - 4 years exp. (4 salaries)	₹11.2 L/yr - ₹12.4 L/yr 249% more	1 job opening
Risk Management Solutions Risk Consulting Associate Salary 0 - 5 years exp. (4 salaries)	₹6 L/yr - ₹11.6 L/yr 192% more

Risk Consulting Associate salary at IDFC FIRST Bank ranges between ₹2.7 Lakhs to ₹4.1 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Risk Consulting Associate salaries

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
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4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr

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Salary related reviews for IDFC FIRST Bank

Data Analyst in Mumbai

Retail Analytics Department

3.0

• posted on 16 May 2022

5.0

for Salary and Benefits

Likes

Salary is good and timely and no hidden charged in your salary slip. You get all in cash - no unnecessary Sodexo coupons etc. Culture depends on your immediate manager. If one is new, learning curve is steep.

Salary - Excellent

Dislikes

No proper training for freshers, data is scattered here and there with no proper database in place unlike other big retail banks, with time work becomes monotonous and recurring. It all depends on your manager. No uniformity in organisation culture.

Skill development - Bad

+2 more

Analyst in Mumbai

BFSI, Investments & Trading Department

3.0

• posted on 16 Nov 2021

3.0

for Salary and Benefits

Likes

The organisation is good, managers are helpful. But compensation is below average. No work from home benefits. Even in 2021 company follows work from office compulsory for back office staff.

Job security - Excellent

+1 more

Dislikes

Compensation below industry average. God knows why bank refuses to hire more people at junior level. The team is filled with senior level people and have like crazy work expectations.

Skill development - Bad

+1 more

Operations Executive in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 06 Feb 2025

2.0

for Salary and Benefits

Likes

Nothing as such. Loans were provided to employees at minimum interest rates

Job security - Good

Dislikes

...because of staff loans, management should work on curtailment of such behaviour. HR is unaware of basic policies, when on boarding they say that bonus would be around 40-50% but at appraisal time everything goes below water. During onboarding clearly mentioned that as per banks policy holidays on weekends, but after joining it's revealed that working is essential on weekends in month ends Such pathetic policies they have.

Salary - Poor

+5 more

Assistant Vice President in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

1.0

• posted on 27 Jan 2025

1.0

for Salary and Benefits

Likes

Employee benefits as per banking industry is good if u have home loans

Dislikes

Work life balance, leadership is like complete egoistic and worst, salary hike is not based on performance, job security is close to nothing

Salary - Bad

+6 more

Senior Manager Hrbp in Jaipur

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 20 Dec 2024

5.0

for Salary and Benefits

Likes

It has good compensation and promotion policy for internal talent Top Leadership has lot of focus in driving the bank forward

Salary - Excellent

+5 more

Dislikes

It lags in overall learning and development of talent Support teams are somewhat inefficient

see more salary related reviews

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a product manager - digital payments

What does a business consultant do?

Hi I am in discussion with an IT services firm for the role of business consulting. Currently I am a Product Manager - Digital payments in a bank. Need your help to understand if this would be a right switch for me from banking to consulting? What does a day of a consultant look like?

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IDFC FIRST Bank Risk Consulting Associate Salary FAQs

What is the salary of Risk Consulting Associate at IDFC FIRST Bank?

Risk Consulting Associate salary at IDFC FIRST Bank in India ranges between ₹2.7 Lakhs to ₹4.1 Lakhs for experience between 2 years to 5 years. According to our estimates it is 70% less than the average Risk Consulting Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IDFC FIRST Bank India.

How does the salary of a Risk Consulting Associate at IDFC FIRST Bank India compare with the average salary range for this job?

The average salary of a Risk Consulting Associate at IDFC FIRST Bank is 70% less than the average salary of a Risk Consulting Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than IDFC FIRST Bank to a Risk Consulting Associate in India?

Moody's Analytics Risk Consulting Associate Salary - ₹10.0 Lakhs to ₹16.1 Lakhs per year
Moody's Risk Consulting Associate Salary - ₹11.2 Lakhs to ₹12.4 Lakhs per year
PwC Risk Consulting Associate Salary - ₹8.2 Lakhs to ₹11.5 Lakhs per year
Risk Management Solutions Risk Consulting Associate Salary - ₹6.0 Lakhs to ₹11.6 Lakhs per year
RSM US in India Risk Consulting Associate Salary - ₹7.0 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Risk Consulting Associate at IDFC FIRST Bank in India?

The estimated take-home salary of a Risk Consulting Associate at IDFC FIRST Bank ranges between ₹24,571 per month to ₹26,016 per month in India. The take-home salary calculation is based on the average IDFC FIRST Bank Risk Consulting Associate salary in India which ranges between ₹2.7 Lakhs to ₹4.1 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Risk Consulting Associate at IDFC FIRST Bank?

According to AmbitionBox, 100% of the IDFC FIRST Bank Risk Consulting Associates reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Risk Consulting Associate Salaries

IDFC FIRST Bank Risk Consulting Associate salary in India ranges between ₹2.7 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.