IDFC FIRST Bank Risk Manager Salaries by 50+ Employees (Updated 2025)

0 - 5 years exp.

₹7.5 Lakhs - ₹24 Lakhs

Salary of majority employees

Fixed (87%)

₹15.1 Lakhs

Variable (13%)

₹2.3 Lakhs

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39% more than the average Risk Manager Salary in Banking Companies for 0 - 5 years of experience

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Salaries in different departments

Risk Management & Compliance Risk Manager Salary 0 - 5 years exp. (22 salaries)	Unlock ₹7.5 L/yr - ₹24 L/yr
BFSI, Investments & Trading Risk Manager Salary 0 - 4 years exp. (12 salaries)	Unlock ₹12 L/yr - ₹24 L/yr
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Data Science & Analytics Risk Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	Unlock ₹8.2 L/yr - ₹18.8 L/yr

Last Updated: 28 Feb 2025

Companies similar to IDFC FIRST Bank for Risk Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Risk Manager Salary 1 - 10 years exp. (78 salaries)	Unlock ₹3.8 L/yr - ₹14.7 L/yr 50% less
ICICI Bank Risk Manager Salary 0 - 10 years exp. (64 salaries)	Unlock ₹5.3 L/yr - ₹21.6 L/yr 24% less
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Axis Bank Risk Manager Salary 1 - 17 years exp. (33 salaries)	Unlock ₹5.4 L/yr - ₹20 L/yr 26% less
Kotak Mahindra Bank Risk Manager Salary 0 - 17 years exp. (19 salaries)	Unlock ₹4.2 L/yr - ₹12.5 L/yr 50% less
Yes Bank Risk Manager Salary 1 - 12 years exp. (87 salaries)	Unlock ₹6 L/yr - ₹19 L/yr 39% less
IndusInd Bank Risk Manager Salary 9 - 17 years exp. (7 salaries)	Unlock ₹7.1 L/yr - ₹11.5 L/yr 48% less
RBL Bank Risk Manager Salary 0 - 11 years exp. (8 salaries)	Unlock ₹6 L/yr - ₹9 L/yr 60% less	1 job opening
Federal Bank Risk Manager Salary 17 - 19 years exp. (3 salaries)	Unlock ₹0.9 L/yr - ₹1.2 L/yr 94% less
IDBI Bank Risk Manager Salary 10 - 13 years exp. (3 salaries)	Unlock ₹15 L/yr - ₹37.4 L/yr 19% more
Punjab National Bank Risk Manager Salary 2 - 8 years exp. (15 salaries)	Unlock ₹10 L/yr - ₹18 L/yr 15% less
Canara Bank Risk Manager Salary 4 - 13 years exp. (18 salaries)	Unlock ₹12 L/yr - ₹34 L/yr 15% more
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Standard Chartered Risk Manager Salary 7 - 17 years exp. (25 salaries)	Unlock ₹8.6 L/yr - ₹30 L/yr 21% more
Central Bank of India Risk Manager Salary 3 - 11 years exp. (11 salaries)	Unlock ₹12 L/yr - ₹18.4 L/yr 12% less
Union Bank of India Risk Manager Salary 5 - 9 years exp. (10 salaries)	Unlock ₹10.3 L/yr - ₹18.5 L/yr 18% less
Ujjivan Small Finance Bank Risk Manager Salary 6 - 12 years exp. (7 salaries)	Unlock ₹6 L/yr - ₹19.4 L/yr 18% less
Utkarsh Small Finance Bank Risk Manager Salary 5 - 17 years exp. (6 salaries)	Unlock ₹3.9 L/yr - ₹16.2 L/yr 41% less
Bandhan Bank Risk Manager Salary 5 - 13 years exp. (5 salaries)	Unlock ₹5.2 L/yr - ₹15 L/yr 38% less
Karur Vysya Bank Risk Manager Salary 8 - 9 years exp. (3 salaries)	Unlock ₹11 L/yr - ₹13.5 L/yr 32% less
City Union Bank Risk Manager Salary 9 - 17 years exp. (3 salaries)	Unlock ₹12 L/yr - ₹15 L/yr 21% less

Risk Manager salary at IDFC FIRST Bank ranges between ₹7.5 Lakhs to ₹24 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 56 latest salaries received from various employees of IDFC FIRST Bank.

Latest annual salaries shared by IDFC FIRST Bank Risk Manager

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1 year exp.

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1mo ago

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4 years exp.

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8 months exp.

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5 years exp.

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2 years exp.

Experience wise IDFC FIRST Bank Risk Manager salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
Fresher (8 salaries)	Unlock ₹12.8 L/yr - ₹20.7 L/yr
1 year (26 salaries)	Unlock ₹14 L/yr - ₹24 L/yr
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2 years (11 salaries)	Unlock ₹7.5 L/yr - ₹24 L/yr
3 years (4 salaries)	Unlock ₹8.5 L/yr - ₹22 L/yr
4 years (5 salaries)	Unlock ₹8.2 L/yr - ₹20 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹9 L/yr - ₹26.2 L/yr

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Top skills at IDFC FIRST Bank for Risk Manager

Management Risk Management Training Operational Risk Risk Mitigation Product Launch Business Continuity Planning Quality Standards Banking Risk Assurance Monitoring Portfolio Management System integration Risk Management Senior Management

Salary related reviews for IDFC FIRST Bank

3.0

Rated by 3 employees for salary & benefits

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

Branch Manager in Surat

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 21 Nov 2023

5.0

for Salary and Benefits

Likes

Benefits on loans are good. Salary and package is good

Salary - Excellent

+1 more

Dislikes

Management is sending 100% pressure on Branch Manager. 9 crore month on month CASA & TD is asking rate. Too much pressure on each parameters. Not driving Target as per branch size or branch's seniority. Job security is almost nil. Threatened by management on job

Skill development - Bad

+4 more

Deputy Manager in Navi Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 28 Aug 2023

4.0

for Salary and Benefits

Likes

Salary and perks

Salary - Good

+1 more

Dislikes

I worked in Refund team which is fall under RAS, where management is not good. All the appreciation is goes to girls and their closed ones it doesn't matter whether they only sit and scroll the social media whole day. I worked there only for 5 months, decided to leave organisation after completing my 2 months only because management treatment was very bad to me. RAS is good for girl employee only as management has soft corner for them, further understand what I am trying to tell here.

Skill development - Bad

+4 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 10 May 2023

3.0

for Salary and Benefits

Likes

I like work culture and job security, overall it's average, if you are good performer then you will get chance to apply for different role

Dislikes

Promotion/ appraisal and salary not good for people who's internally get promoted

Deputy Manager in Ahmedabad

Full Time

Sales & Business Development Department

1.0

• posted on 08 Jan 2023

5.0

for Salary and Benefits

Likes

Only Salary is the best part in IDFC FIRST BANK.

Salary - Excellent

Dislikes

... handle the pressure from their seniors so they put their pressure on employees.Employees only trap in salary part.even in sleep many times you will get dream of working pressure.

Skill development - Bad

+5 more

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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IDFC FIRST Bank Risk Manager Salary FAQs

What is the salary of Risk Manager at IDFC FIRST Bank?

Risk Manager salary at IDFC FIRST Bank in India ranges between ₹7.5 Lakhs to ₹24.0 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 39% more than the average Risk Manager Salary in India. Salary estimates are based on 56 latest salaries received from various employees of IDFC FIRST Bank India.

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

The average salary of a Risk Manager at IDFC FIRST Bank is 39% more than the average salary of a Risk Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Risk Manager at IDFC FIRST Bank?

Management, Risk Management, Training, Operational Risk and Risk Mitigation are some of the popular skills required to work as a Risk Manager at IDFC FIRST Bank India.

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

Standard Chartered Risk Manager Salary - ₹8.6 Lakhs to ₹30.0 Lakhs per year
IDBI Bank Risk Manager Salary - ₹15.0 Lakhs to ₹37.4 Lakhs per year
Canara Bank Risk Manager Salary - ₹12.0 Lakhs to ₹34.0 Lakhs per year

What is the salary of a Risk Manager in companies similar to IDFC FIRST Bank in India?

Central Bank of India Risk Manager Salary - ₹12.0 Lakhs to ₹18.4 Lakhs per year
Punjab National Bank Risk Manager Salary - ₹10.0 Lakhs to ₹18.0 Lakhs per year
Union Bank of India Risk Manager Salary - ₹10.3 Lakhs to ₹18.5 Lakhs per year
Ujjivan Small Finance Bank Risk Manager Salary - ₹6.0 Lakhs to ₹19.4 Lakhs per year
City Union Bank Risk Manager Salary - ₹12.0 Lakhs to ₹15.0 Lakhs per year

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

The estimated take-home salary of a Risk Manager at IDFC FIRST Bank ranges between ₹1,17,537 per month to ₹1,20,825 per month in India. The take-home salary calculation is based on the average IDFC FIRST Bank Risk Manager salary in India which ranges between ₹7.5 Lakhs to ₹24.0 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 81% of the IDFC FIRST Bank Risk Managers reported a notice period of 3 Months, 12% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 27 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Risk Manager Salaries

IDFC FIRST Bank Risk Manager salary in India ranges between ₹7.5 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 56 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.