IIFL Finance Mumbai Risk Manager Salaries by 7 Employees (Updated 2025)

1 - 7 years exp.

₹12 Lakhs - ₹24 Lakhs

Salary of majority employees

20% more than the average Risk Manager Salary in NBFC Companies for 1 - 7 years of experience

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Salaries in different departments

Finance & Accounting Risk Manager Salary 3 - 5 years exp. (3 salaries)	₹13.5 L/yr - ₹24 L/yr
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Risk Management & Compliance Risk Manager Salary 1 - 7 years exp. (3 salaries)	₹12 L/yr - ₹21 L/yr

Last Updated: 15 Dec 2024

Companies similar to IIFL Finance for Risk Manager in Mumbai

IIFL Finance Risk Manager Salary

1 - 7 years exp. (7 salaries)

₹12 L/yr - ₹24 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Risk Manager Salary 1 - 9 years exp. (22 salaries)	₹7 L/yr - ₹22.7 L/yr 22% less
ICICI Bank Risk Manager Salary 0 - 6 years exp. (31 salaries)	₹6.1 L/yr - ₹24 L/yr 11% less
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Axis Bank Risk Manager Salary 1 - 17 years exp. (21 salaries)	₹7.2 L/yr - ₹20 L/yr 17% less
Kotak Mahindra Bank Risk Manager Salary 1 - 11 years exp. (11 salaries)	₹6.4 L/yr - ₹10.8 L/yr 50% less
Bajaj Finserv Risk Manager Salary 0 - 7 years exp. (4 salaries)	₹7 L/yr - ₹11 L/yr 51% less
State Bank of India Risk Manager Salary 5 - 11 years exp. (4 salaries)	₹18 L/yr - ₹27 L/yr 21% more
Kotak Securities Risk Manager Salary 1 - 20 years exp. (7 salaries)	₹2.9 L/yr - ₹6.1 L/yr 72% less
Mahindra Finance Risk Manager Salary 6 - 17 years exp. (5 salaries)	₹17.1 L/yr - ₹25.3 L/yr 32% more
Piramal Capital Housing Finance Risk Manager Salary 5 - 13 years exp. (5 salaries)	₹10 L/yr - ₹20 L/yr 6% less
Sharekhan Risk Manager Salary 0 - 6 years exp. (4 salaries)	₹2 L/yr - ₹8 L/yr 76% less
Home Credit Finance Risk Manager Salary 1 - 7 years exp. (4 salaries)	₹2.1 L/yr - ₹5 L/yr 79% less
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Angel One Risk Manager Salary 3 - 17 years exp. (4 salaries)	₹3 L/yr - ₹3.5 L/yr 80% less
Edelweiss Risk Manager Salary 1 - 6 years exp. (3 salaries)	₹5.5 L/yr - ₹10 L/yr 56% less
Aditya Birla Finance Risk Manager Salary 1 - 5 years exp. (3 salaries)	₹8.2 L/yr - ₹16 L/yr 36% less
Motilal Oswal Financial Services Risk Manager Salary 10 - 12 years exp. (3 salaries)	₹4 L/yr - ₹6.1 L/yr 72% less
HDFC Securities Risk Manager Salary 14 - 16 years exp. (3 salaries)	₹9.5 L/yr - ₹11 L/yr 37% less
Annapurna Finance Risk Manager Salary 2 - 5 years exp. (3 salaries)	₹10.9 L/yr - ₹18.8 L/yr 28% less

Risk Manager salary at IIFL Finance ranges between ₹12 Lakhs to ₹24 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 7 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Risk Manager salaries in Mumbai

Last Updated: 15 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹12 L/yr - ₹24.3 L/yr
2 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹26.1 L/yr
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3 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹28 L/yr
4 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹18 L/yr
5 years (AmbitionBox Estimate)	₹7 L/yr - ₹24 L/yr
6 years (AmbitionBox Estimate)	₹16.7 L/yr - ₹21.4 L/yr
7 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹20 L/yr

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Similar Designation salaries in IIFL Finance

Branch Manager Salary

(77 salaries)

₹2.2 L/yr - ₹7 L/yr

Deputy Manager Salary

(53 salaries)

₹3.5 L/yr - ₹10 L/yr

Team Lead Salary

(24 salaries)

₹1.25 L/yr - ₹9.19 L/yr

Accountant Salary

(7 salaries)

₹2 L/yr - ₹5.5 L/yr

Auditor Salary

(3 salaries)

₹1.45 L/yr - ₹4.5 L/yr

Audit Manager Salary

(3 salaries)

₹2.7 L/yr - ₹4.09 L/yr

Top skills at IIFL Finance for Risk Manager

Risk Management Risk Analysis RMS Enterprise Risk SOP Power Point Presentation Data Analytics Risk Management Python Provisioning Internal Audit External Audit ORM Finance Control Anti Money Laundering

Salary related reviews for IIFL Finance

3.0

Rated by 3 employees for salary & benefits

Branch Manager in Dholka

Full Time

Other Department

3.0

• posted on 16 Nov 2024

1.0

for Salary and Benefits

Likes

Good scheams to serve customers

Skill development - Excellent

Dislikes

Giving low salary and huge pressure over work load more than salary. Hieringe from compitition with huge salary but not giving them who are wintage and loyal to the company.

Salary - Bad

+4 more

Branch Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 31 Mar 2023

3.0

for Salary and Benefits

Likes

Value of positions, friendly nature with colleagues working areas,good customers at IIFL, salary intime credit employees,good service by employees for customers ,believed to customers iifl

Skill development - Excellent

+3 more

Dislikes

Some politics have in promotion s and grade changes, not completed in time eligible employees by promotions,no value for old employees ,some branches business depend by only some employees because future time face to problems company,zero walk-in some locations.some IRAs misuse job rules .

Job security - Poor

Deputy Manager in Mumbai

Full Time

Data Science & Analytics Department

3.0

• posted on 06 Sep 2023

1.0

for Salary and Benefits

Likes

...wth. Seniors are very rude and insensitive and careless... No work life balance. No salary promotions. No bonuses.. bonus are delayed with less %

Dislikes

Senior behaviour with junior

Salary - Bad

+5 more

Branch Manager in Jaipur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 10 Oct 2018

5.0

for Salary and Benefits

Likes

Salary,learning

Salary - Excellent

+2 more

Dislikes

Work pressure is high, manager do not have value of person, senior does not guide only need business that's it. Job is not secure , mentaly pressure given by senior, company and top management is best but over all not satisfactory.

Job security - Bad

+2 more

Branch Manager in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

3.0

• posted on 07 Sep 2022

2.0

for Salary and Benefits

Likes

Working location ,qualigues,good customers,auditors,time to time salary credit,timings

Company culture - Good

+1 more

Dislikes

No value to given old employees ,bonus deduct CTC,rating politics,role elevation not equal all employees ,hard work employees not suitable this job company,rating given to paritiolity

Salary - Poor

+2 more

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What people are saying about IIFL Finance

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an internal auditor

Offer related guidance

Hi there, I need a little clarity. I am currently working as a Manager in an NBFC from the past 2.5 yrs. My current CTC is 7.7 Lpa fixed. I've an offer in hand with a CTC of 9.7 LPA but with a designation lower than manager i.e. DM. What is your take on it? Should I accept the offer? Is it a fair pay?

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IIFL Finance Risk Manager Salary FAQs

What is the salary of Risk Manager at IIFL Finance Mumbai?

Risk Manager salary at IIFL Finance in Mumbai ranges between ₹12.0 Lakhs to ₹24.0 Lakhs for experience between 1 years to 7 years. According to our estimates it is 20% more than the average Risk Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of IIFL Finance Mumbai.

How does the salary of a Risk Manager at IIFL Finance Mumbai compare with the average salary range for this job?

The average salary of a Risk Manager at IIFL Finance is 20% 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 IIFL Finance?

Risk Management, Risk Analysis, RMS, Enterprise Risk and SOP are some of the popular skills required to work as a Risk Manager at IIFL Finance Mumbai.

Which similar companies are paying more than IIFL Finance to a Risk Manager in Mumbai?

Mahindra Finance Risk Manager Salary - ₹17.1 Lakhs to ₹25.3 Lakhs per year
State Bank of India Risk Manager Salary - ₹18.0 Lakhs to ₹27.0 Lakhs per year

What is the salary of a Risk Manager in companies similar to IIFL Finance in Mumbai?

Piramal Capital Housing Finance Risk Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
ICICI Bank Risk Manager Salary - ₹6.1 Lakhs to ₹24.0 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
Annapurna Finance Risk Manager Salary - ₹10.9 Lakhs to ₹18.8 Lakhs per year

What is the estimated take home salary of a Risk Manager at IIFL Finance in Mumbai?

The estimated take-home salary of a Risk Manager at IIFL Finance ranges between ₹1,12,637 per month to ₹1,15,767 per month in Mumbai. The take-home salary calculation is based on the average IIFL Finance Risk Manager salary in India which ranges between ₹12.0 Lakhs to ₹24.0 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Risk Manager at IIFL Finance in Mumbai?

According to AmbitionBox, 75% of the IIFL Finance Risk Managers in Mumbai reported a notice period of 3 Months, 25% reported a notice period of 2 Months.This is based on 8 responses on AmbitionBox in last 2 years.

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IIFL Finance Risk Manager Salaries in Mumbai

IIFL Finance Risk Manager salary in Mumbai ranges between ₹12 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 IIFL Finance latest salaries received from various employees of IIFL Finance.