Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by IIFL Finance Team. If you also belong to the team, you can get access from here

IIFL Finance Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

IIFL Finance Risk Manager salaries in India (Updated 2025)

Annual salary range
1 - 7 years exp.
₹8.1 Lakhs - ₹24 Lakhs
Salary of majority employees
unlock blur
unlock blur

17% more than the average Risk Manager Salary in NBFC Companies for 1 - 7 years of experience

Interested in this particular role?

Salaries in different departments

Risk Management & Compliance
Risk Manager Salary
1 - 7 years exp. (4 salaries)
unlock-blur

₹11 L/yr - ₹21 L/yr

Finance & Accounting
Risk Manager Salary
3 - 5 years exp. (3 salaries)
unlock-blur

₹13.5 L/yr - ₹24 L/yr

Data Science & Analytics
Risk Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
unlock-blur

₹8.1 L/yr - ₹16.2 L/yr

Last Updated: 19 Feb 2025

Companies similar to IIFL Finance for Risk Manager

Company name Avg Annual Salary Open Jobs
Logo
L&T Finance Risk Manager Salary

0 - 8 years exp. (175 salaries)

unlock blur

₹2.4 L/yr - ₹6.1 L/yr

arrow icon 73% less
Logo
SMFG India Credit Risk Manager Salary

3 - 11 years exp. (34 salaries)

unlock blur

₹2.4 L/yr - ₹5.1 L/yr

arrow icon 75% less
Logo
Bajaj Finance Risk Manager Salary

0 - 6 years exp. (29 salaries)

unlock blur

₹4.1 L/yr - ₹7.9 L/yr

arrow icon 51% less
Logo
Home Credit Finance Risk Manager Salary

1 - 7 years exp. (21 salaries)

unlock blur

₹1.8 L/yr - ₹6.5 L/yr

arrow icon 80% less
Logo
Aditya Birla Finance Risk Manager Salary

1 - 8 years exp. (10 salaries)

unlock blur

₹7.4 L/yr - ₹10.6 L/yr

arrow icon 30% less
Logo
CreditAccess Grameen Risk Manager Salary

5 - 9 years exp. (8 salaries)

unlock blur

₹2.9 L/yr - ₹5.5 L/yr

arrow icon 67% less
Logo
HDB Financial Services Risk Manager Salary

2 - 17 years exp. (8 salaries)

unlock blur

₹3 L/yr - ₹10 L/yr

arrow icon 59% less
unlock blur

₹3.8 L/yr - ₹11 L/yr

arrow icon 49% less
Logo
Tata Capital Risk Manager Salary

0 - 4 years exp. (7 salaries)

unlock blur

₹7 L/yr - ₹13 L/yr

arrow icon 40% less
unlock blur

₹10 L/yr - ₹20 L/yr

arrow icon 11% more
Logo
Poonawalla Fincorp Risk Manager Salary

1 - 18 years exp. (7 salaries)

unlock blur

₹4.7 L/yr - ₹13.5 L/yr

arrow icon 39% less
Logo
Annapurna Finance Risk Manager Salary

2 - 6 years exp. (6 salaries)

unlock blur

₹5 L/yr - ₹19 L/yr

arrow icon 20% less
Logo
Mahindra Finance Risk Manager Salary

6 - 17 years exp. (5 salaries)

unlock blur

₹17.1 L/yr - ₹25.3 L/yr

arrow icon 49% more
Logo
Aavas Financiers Risk Manager Salary

4 - 7 years exp. (5 salaries)

unlock blur

₹2.1 L/yr - ₹8.4 L/yr

arrow icon 69% less
Logo
Satin Creditcare Network Risk Manager Salary

1 - 4 years exp. (4 salaries)

unlock blur

₹3 L/yr - ₹4.1 L/yr

arrow icon 76% less
Logo
Shriram Finance Risk Manager Salary

2 - 14 years exp. (4 salaries)

unlock blur

₹2.8 L/yr - ₹7.1 L/yr

arrow icon 68% less
Logo
Fusion Microfinance Risk Manager Salary

3 - 13 years exp. (3 salaries)

unlock blur

₹7 L/yr - ₹13 L/yr

arrow icon 33% less
unlock blur

₹8 L/yr - ₹12 L/yr

arrow icon 30% less
Logo
Tata Motors Finance Risk Manager Salary

5 - 11 years exp. (3 salaries)

unlock blur

₹7 L/yr - ₹10 L/yr

arrow icon 39% less
Risk Manager salary at IIFL Finance ranges between ₹8.1 Lakhs to ₹24 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 11 latest salaries received from various employees of IIFL Finance.

Latest annual salaries shared by IIFL Finance Risk Manager

3d ago
avg blur mobile
2 years exp.
2mo ago
avg blur mobile
1 year exp.
4mo ago
avg blur mobile
5 years exp.
7mo ago
avg blur mobile
7 years exp.
1y ago
avg blur mobile
4 years exp.
1y ago
avg blur mobile
5 years exp.
1y ago
avg blur mobile
3 years exp.
1y ago
avg blur mobile
5 years exp.
1y ago
avg blur mobile
6 years exp.
1y ago
avg blur mobile
2 years exp.

Experience wise IIFL Finance Risk Manager salaries

Last Updated: 19 Feb 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

unlock blur

₹12 L/yr - ₹22.4 L/yr
2 years  (3 salaries)

unlock blur

₹9 L/yr - ₹13.5 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹13.5 L/yr - ₹25.3 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹5.9 L/yr - ₹18 L/yr
5 years  (3 salaries)

unlock blur

₹8.1 L/yr - ₹24 L/yr
View all

Similar Designation salaries in IIFL Finance

Audit Manager Salary
(9 salaries)
unlock blur
₹2.7 L/yr - ₹5 L/yr
unlock blur
₹2.5 L/yr - ₹5 L/yr
Branch Manager Salary
(1k salaries)
unlock blur
₹2.15 L/yr - ₹8 L/yr
Deputy Manager Salary
(218 salaries)
unlock blur
₹2.3 L/yr - ₹10 L/yr
Team Lead Salary
(115 salaries)
unlock blur
₹0.95 L/yr - ₹5.85 L/yr
Accountant Salary
(24 salaries)
unlock blur
₹2 L/yr - ₹5.5 L/yr
Senior Auditor Salary
(7 salaries)
unlock blur
₹2.25 L/yr - ₹4.2 L/yr
Auditor Salary
(6 salaries)
unlock blur
₹1.7 L/yr - ₹4.8 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
unlock blur
₹4.3 L/yr - ₹5.5 L/yr
Audit Associate Salary
(AmbitionBox Estimate)
unlock blur
₹2.7 L/yr - ₹3.5 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

4.3

Rated by 2 employees for salary & benefits

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.

read more
  • Salary - Bad
  • +4 more

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

read more
  • 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 .

read more
  • Job security - Poor

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 %

read more

Dislikes

Senior behaviour with junior

  • Salary - Bad
  • +5 more

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.

read more
  • Job security - Bad
  • +2 more

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

read more
  • 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

read more
  • Salary - Poor
  • +2 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

IIFL Finance Risk Manager Salary FAQs

What is the salary of Risk Manager at IIFL Finance ?
The average salary of a Risk Manager at IIFL Finance in India typically ranges from ₹8.1 Lakhs to ₹24.0 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Risk Manager at IIFL Finance earn more than ₹22.2 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Risk Manager Salaries at IIFL Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ IIFL Finance employees in India.
What is the estimated take home salary of a Risk Manager at IIFL Finance in India?
The estimated take-home salary of a Risk Manager at IIFL Finance in India typically ranges from ₹1,02,626 to ₹1,05,432 per month. This is based on the average salary range of ₹8.1 Lakhs to ₹24.0 Lakhs per year for employees with experience ranging from 1 year to 7 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of IIFL Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Risk Manager at IIFL Finance ?
To be a Risk Manager at IIFL Finance in india, the key skills required include:

  • - Risk Management
  • - Risk Analysis
  • - RMS
  • - Enterprise Risk
  • - SOP

These skills are highly valued at IIFL Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than IIFL Finance for Risk Manager in India?
Mahindra Finance ₹17.1 Lakhs to ₹25.3 Lakhs per year
Piramal Capital Housing Finance ₹10.0 Lakhs to ₹20.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IIFL Finance, depending on the role and experience level.
What is the salary of a Risk Manager in companies similar to IIFL Finance in India?
The salary of a Risk Manager at companies similar to IIFL Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Annapurna Finance ₹5.0 Lakhs to ₹19.0 Lakhs per year
Aditya Birla Finance ₹7.4 Lakhs to ₹10.6 Lakhs per year
Mahindra Rural Housing Finance ₹8.0 Lakhs to ₹12.0 Lakhs per year
Fusion Microfinance ₹7.0 Lakhs to ₹13.0 Lakhs per year
Poonawalla Fincorp ₹4.7 Lakhs to ₹13.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Risk Manager at IIFL Finance in India?
The salary growth for a Risk Manager at IIFL Finance depends on factors such as experience, performance, and promotions. On average, a Risk Manager can expect the following growth trajectory at IIFL Finance:

Experience Average Salary Range
1 year ₹12.0 Lakhs to ₹22.4 Lakhs per year
2 years ₹9.0 Lakhs to ₹13.5 Lakhs per year
3 years ₹13.5 Lakhs to ₹25.3 Lakhs per year
4 years ₹5.9 Lakhs to ₹18.0 Lakhs per year
and so on.

Tell us how to improve this page.

IIFL Finance Risk Manager salary in India ranges between ₹8.1 Lakhs to ₹24 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 IIFL Finance latest salaries received from various employees of IIFL Finance.