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4.0

based on 9.9k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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IDFC FIRST Bank Risk Manager salaries in Mumbai

Annual salary range
0 - 5 years exp.
₹9 Lakhs - ₹24 Lakhs
Salary of majority employees
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27% more than the average Risk Manager Salary in Banking Companies for 0 - 5 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Risk Management & Compliance
Risk Manager Salary
0 - 5 years exp. (14 salaries)
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₹10 L/yr - ₹24 L/yr

BFSI, Investments & Trading
Risk Manager Salary
1 - 4 years exp. (7 salaries)
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₹12 L/yr - ₹23 L/yr

Last Updated: 13 Jan 2025

Companies similar to IDFC FIRST Bank for Risk Manager in Mumbai

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IDFC FIRST Bank Risk Manager Salary

0 - 5 years exp. (35 salaries)

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₹9 L/yr - ₹24 L/yr

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

1 - 9 years exp. (22 salaries)

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₹7 L/yr - ₹22.7 L/yr

arrow icon 27% less
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ICICI Bank Risk Manager Salary

1 - 6 years exp. (28 salaries)

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₹9.5 L/yr - ₹24 L/yr

arrow icon 11% 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 23% less
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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 53% 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 42% less
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Central Bank of India Risk Manager Salary

3 - 11 years exp. (11 salaries)

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₹12 L/yr - ₹18.4 L/yr

arrow icon 12% less
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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 21% less
Risk Manager salary at IDFC FIRST Bank ranges between ₹9 Lakhs to ₹24 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 35 latest salaries received from various employees of IDFC FIRST Bank.

Latest annual salaries shared by IDFC FIRST Bank Risk Manager in Mumbai

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Experience wise IDFC FIRST Bank Risk Manager salaries in Mumbai

Last Updated: 13 Jan 2025

Experience Avg Annual Salary
Fresher  (4 salaries)

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₹12.8 L/yr - ₹37.8 L/yr
1 year  (18 salaries)

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₹14 L/yr - ₹24 L/yr
2 years  (6 salaries)

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₹16.5 L/yr - ₹23 L/yr
3 years (AmbitionBox Estimate)

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₹12 L/yr - ₹19.2 L/yr
4 years  (4 salaries)

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₹9 L/yr - ₹20 L/yr
View all

Similar Designation salaries in IDFC FIRST Bank

Deputy Manager Salary
(589 salaries)
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₹3 L/yr - ₹10.03 L/yr
Team Lead Salary
(78 salaries)
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₹2.2 L/yr - ₹9.36 L/yr
Branch Manager Salary
(51 salaries)
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₹6.68 L/yr - ₹27.9 L/yr
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₹1.95 L/yr - ₹5.5 L/yr
Audit Manager Salary
(7 salaries)
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₹7.4 L/yr - ₹13.12 L/yr
Accountant Salary
(6 salaries)
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₹2 L/yr - ₹5.05 L/yr
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₹13 L/yr - ₹17 L/yr

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 2 employees for salary & benefits

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

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

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 28 Aug 2023

4.0
 for  Salary and Benefits

Likes

Salary and perks

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.

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Full Time

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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

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Dislikes

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

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Full Time

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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.

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.

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Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 15 Mar 2023

5.0
 for  Salary and Benefits

Likes

Best bank Every cross sell and deepening comes under incentive lots of growth opportunities yearly growth salary hike also Good..Best place to Work.

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Dislikes

Nothing to say dislike May overcome simplifying in process.

see more salary related reviews

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IDFC FIRST Bank Risk Manager Salary FAQs

What is the salary of Risk Manager at IDFC FIRST Bank Mumbai?
Risk Manager salary at IDFC FIRST Bank in Mumbai ranges between ₹9.0 Lakhs to ₹24.0 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 27% more than the average Risk Manager Salary in India. Salary estimates are based on 35 latest salaries received from various employees of IDFC FIRST Bank Mumbai.
How does the salary of a Risk Manager at IDFC FIRST Bank Mumbai compare with the average salary range for this job?
The average salary of a Risk Manager at IDFC FIRST Bank is 27% 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 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 Mumbai.
What is the salary of a Risk Manager in companies similar to IDFC FIRST Bank in Mumbai?
  • ICICI Bank Risk Manager Salary - ₹9.5 Lakhs to ₹24.0 Lakhs per year
  • Central Bank of India Risk Manager Salary - ₹12.0 Lakhs to ₹18.4 Lakhs per year
  • 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
  • HDFC Bank Risk Manager Salary - ₹7.0 Lakhs to ₹22.7 Lakhs per year
What is the estimated take home salary of a Risk Manager at IDFC FIRST Bank in Mumbai?
The estimated take-home salary of a Risk Manager at IDFC FIRST Bank ranges between ₹1,20,511 per month to ₹1,23,895 per month in Mumbai. The take-home salary calculation is based on the average IDFC FIRST Bank Risk Manager salary in India which ranges between ₹9.0 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 in Mumbai?
According to AmbitionBox, 87% of the IDFC FIRST Bank Risk Managers in Mumbai reported a notice period of 3 Months, 13% reported a notice period of 2 Months.This is based on 15 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

IDFC FIRST Bank Risk Manager salary in Mumbai ranges between ₹9 Lakhs to ₹24 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 35 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.