JM Financial Mumbai Senior Associate Salaries by 100+ Employees (Updated 2024)

4 - 15 years exp.

₹6.5 Lakhs - ₹24.6 Lakhs

Salary of majority employees

56% more than the average Senior Associate Salary in Financial Services Companies for 4 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Associate Salary 4 - 15 years exp. (28 salaries)	₹5.6 L/yr - ₹19.7 L/yr
Finance & Accounting Senior Associate Salary 4 - 13 years exp. (18 salaries)	₹6.9 L/yr - ₹21.6 L/yr
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Engineering - Software & QA Senior Associate Salary 6 - 14 years exp. (10 salaries)	₹10.1 L/yr - ₹18 L/yr
Project & Program Management Senior Associate Salary 8 - 10 years exp. (4 salaries)	₹10.5 L/yr - ₹19.6 L/yr
Legal & Regulatory Senior Associate Salary 5 - 9 years exp. (4 salaries)	₹8.2 L/yr - ₹21 L/yr

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Last Updated: 1 Dec 2024

Companies similar to JM Financial for Senior Associate in Mumbai

JM Financial Senior Associate Salary

4 - 15 years exp. (102 salaries)

₹6.5 L/yr - ₹24.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Senior Associate Salary 1 - 6 years exp. (22 salaries)	₹1.5 L/yr - ₹3.5 L/yr 83% less
ICICI Bank Senior Associate Salary 0 - 7 years exp. (122 salaries)	₹1.5 L/yr - ₹4 L/yr 84% less
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Axis Bank Senior Associate Salary 3 - 7 years exp. (3 salaries)	₹1.9 L/yr - ₹7.6 L/yr 64% less
HDFC Bank Senior Associate Salary 2 - 8 years exp. (9 salaries)	₹2.2 L/yr - ₹10.7 L/yr 62% less
Yes Bank Senior Associate Salary 3 - 9 years exp. (8 salaries)	₹2.7 L/yr - ₹7 L/yr 73% less
TCS Senior Associate Salary 0 - 13 years exp. (1.2k salaries)	₹2 L/yr - ₹7.1 L/yr 70% less
JPMorgan Chase & Co. Senior Associate Salary 4 - 18 years exp. (544 salaries)	₹14.2 L/yr - ₹48 L/yr 98% more	22 job openings
MSCI Senior Associate Salary 6 - 14 years exp. (235 salaries)	₹13.6 L/yr - ₹52 L/yr 100% more	1 job opening
ICICI Securities Senior Associate Salary 2 - 11 years exp. (33 salaries)	₹10 L/yr - ₹36.1 L/yr 39% more
Edelweiss Senior Associate Salary 2 - 8 years exp. (31 salaries)	₹14.9 L/yr - ₹27.9 L/yr 5% more
Reliance Industries Senior Associate Salary 2 - 7 years exp. (22 salaries)	₹2.1 L/yr - ₹9 L/yr 67% less
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Hindustan Unilever Senior Associate Salary 6 - 9 years exp. (3 salaries)	₹12.5 L/yr - ₹19 L/yr 2% less
Motilal Oswal Financial Services Senior Associate Salary 0 - 11 years exp. (3 salaries)	₹3.8 L/yr - ₹4.8 L/yr 75% less
Motilal Oswal Senior Associate Salary 0 - 15 years exp. (3 salaries)	₹5 L/yr - ₹6.5 L/yr 65% less

Senior Associate salary at JM Financial ranges between ₹6.5 Lakhs to ₹24.6 Lakhs per year for employees with experience between 4 years to 15 years. Salary estimates are based on 102 latest salaries received from various employees of JM Financial.

Experience wise JM Financial Senior Associate salaries in Mumbai

Last Updated: 1 Dec 2024

Experience	Avg Annual Salary
4 years (7 salaries)	₹10.3 L/yr - ₹32.7 L/yr
5 years (10 salaries)	₹8 L/yr - ₹27.5 L/yr
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6 years (14 salaries)	₹8.8 L/yr - ₹29.6 L/yr
7 years (15 salaries)	₹6.8 L/yr - ₹21 L/yr
8 years (11 salaries)	₹6.6 L/yr - ₹27.6 L/yr
9 years (9 salaries)	₹7.7 L/yr - ₹28.4 L/yr
10 years (13 salaries)	₹6.3 L/yr - ₹16.5 L/yr
11 years (3 salaries)	₹8.5 L/yr - ₹26.2 L/yr
12 years (6 salaries)	₹5.6 L/yr - ₹25.1 L/yr
13 years (7 salaries)	₹6.6 L/yr - ₹24.1 L/yr
14 years (4 salaries)	₹10.9 L/yr - ₹18 L/yr
15+ years (3 salaries)	₹6.1 L/yr - ₹21.9 L/yr

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Similar Designation salaries in JM Financial

Software Developer Salary

(25 salaries)

₹3 L/yr - ₹13 L/yr

Team Lead Salary

(14 salaries)

₹6 L/yr - ₹13 L/yr

Senior Consultant Salary

(14 salaries)

₹5.1 L/yr - ₹8 L/yr

Senior Software Engineer Salary

(5 salaries)

₹6.5 L/yr - ₹7 L/yr

Software Engineer Salary

(3 salaries)

₹3.6 L/yr - ₹6.48 L/yr

Salary related reviews for JM Financial

4.1

Rated by 17 employees for salary & benefits

Senior Software Developer in Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 05 Sep 2024

1.0

for Salary and Benefits

Likes

salary on time

Dislikes

working here for few months now too much office politics, the deployment is never planned and entire process here is made unnecessarily complicated , too much favouritism like their fav ppl leaves are approved , no need of coming to office ontime or leaving early, dont fall for any review that says anything positive its not true and its not employee friendly, healthy working culture here, no body helps u with basic new joining stuff u need ,just wont recommend anyone fresher or exp to come, u need to be too good to handle all the politics thats all. manager and senior managers treats you like absolute slave. u grow here only if you are extremely good with politics , buttering the upper management no actual skills/intelligence needed. also no proper hierarchy is maintained here within team and organisation.

Investment Banking Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 Oct 2024

4.0

for Salary and Benefits

Likes

1. Higher compensation as compared to the Industry

Dislikes

1. Unnecessary work on weekends just because it is Investment Banking 2. Mandates come from top leadership....no real coverage banking 3. Highly rude, egoistic, insecure and envious people at top leadership 4. Exploitative behaviour, office politics, gossips, talking behind backs, etc. Won't recommend this even to my worst enemy

Senior Executive in Mumbai

Full Time

Marketing & Communication Department

1.0

• posted on 12 Aug 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...letely biased towards seniors. He only listens and accepts whatever seniors say. I will not recommend anyone to work here even if you are getting very good package just for the sake of your mental health

Associate in Mumbai

Full Time

Teaching & Training Department

1.0

• posted on 10 Nov 2023

2.0

for Salary and Benefits

Likes

There is one sun brand of JM financial name as Blinkx. Celebration of each festival was good.

Dislikes

...ou come to know that your expertise and your alloted profile is very different. Pathetic bonus return policy.

Associate (working remotely)

Full Time

Finance & Accounting Department

2.0

• posted on 03 May 2023

3.0

for Salary and Benefits

Likes

Weekend off Medical checkup every week Insurance agent meetinf every week

Dislikes

...n worli branch employee have to seat and eat on the desk where u seat for work Most imp if u have vehicle than ready for traffice who take ur vehicle n pay fine again n again coz company does not provide parking facility

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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JM Financial Senior Associate Salary FAQs

What is the salary of Senior Associate at JM Financial Mumbai?

Senior Associate salary at JM Financial in Mumbai ranges between ₹6.5 Lakhs to ₹24.6 Lakhs for experience between 4 years to 15 years. According to our estimates it is 56% more than the average Senior Associate Salary in India. Salary estimates are based on 102 latest salaries received from various employees of JM Financial Mumbai.

How does the salary of a Senior Associate at JM Financial Mumbai compare with the average salary range for this job?

The average salary of a Senior Associate at JM Financial is 56% more than the average salary of a Senior Associate in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than JM Financial to a Senior Associate in Mumbai?

MSCI Senior Associate Salary - ₹13.6 Lakhs to ₹52.0 Lakhs per year
JPMorgan Chase & Co. Senior Associate Salary - ₹14.2 Lakhs to ₹48.0 Lakhs per year
ICICI Securities Senior Associate Salary - ₹10.0 Lakhs to ₹36.1 Lakhs per year
Edelweiss Senior Associate Salary - ₹14.9 Lakhs to ₹27.9 Lakhs per year

What is the salary of a Senior Associate in companies similar to JM Financial in Mumbai?

Hindustan Unilever Senior Associate Salary - ₹12.5 Lakhs to ₹19.0 Lakhs per year
HDFC Bank Senior Associate Salary - ₹2.2 Lakhs to ₹10.7 Lakhs per year
Axis Bank Senior Associate Salary - ₹1.9 Lakhs to ₹7.6 Lakhs per year
Motilal Oswal Senior Associate Salary - ₹5.0 Lakhs to ₹6.5 Lakhs per year
Reliance Industries Senior Associate Salary - ₹2.1 Lakhs to ₹9.0 Lakhs per year

What is the estimated take home salary of a Senior Associate at JM Financial in Mumbai?

The estimated take-home salary of a Senior Associate at JM Financial ranges between ₹1,06,371 per month to ₹1,09,298 per month in Mumbai. The take-home salary calculation is based on the average JM Financial Senior Associate salary in India which ranges between ₹6.5 Lakhs to ₹24.6 Lakhs per year for employees with experience between 4 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Senior Associate at JM Financial in Mumbai?

According to AmbitionBox, 67% of the JM Financial Senior Associates in Mumbai reported a notice period of 3 Months, 22% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 46 responses on AmbitionBox in last 2 years.

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JM Financial Senior Associate Salaries in Mumbai

JM Financial Senior Associate salary in Mumbai ranges between ₹6.5 Lakhs to ₹24.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 102 JM Financial latest salaries received from various employees of JM Financial.