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Kotak Mahindra Bank Risk Analyst salaries in Mumbai

Annual salary range
0 - 8 years exp.
₹1.8 Lakh - ₹5.2 Lakhs
Salary of majority employees
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67% less than the average Risk Analyst Salary in Banking Companies for 0 - 8 years of experience

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Salaries in different departments

Risk Management & Compliance
Risk Analyst Salary
1 - 7 years exp. (6 salaries)
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₹1.8 L/yr - ₹5.2 L/yr

BFSI, Investments & Trading
Risk Analyst Salary
4 - 8 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹3.2 L/yr

Last Updated: 17 Jan 2025

Companies similar to Kotak Mahindra Bank for Risk Analyst in Mumbai

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Kotak Mahindra Bank Risk Analyst Salary

0 - 8 years exp. (11 salaries)

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₹1.8 L/yr - ₹5.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Risk Analyst Salary

0 - 4 years exp. (9 salaries)

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₹3.2 L/yr - ₹4.6 L/yr

arrow icon 36% more
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ICICI Bank Risk Analyst Salary

0 - 8 years exp. (65 salaries)

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₹7 L/yr - ₹21.8 L/yr

arrow icon 389% more
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Axis Bank Risk Analyst Salary

0 - 4 years exp. (30 salaries)

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₹5.3 L/yr - ₹13.8 L/yr

arrow icon 175% more
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IndusInd Bank Risk Analyst Salary

2 - 7 years exp. (7 salaries)

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₹7.7 L/yr - ₹17.5 L/yr

arrow icon 315% more
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Yes Bank Risk Analyst Salary

2 - 4 years exp. (4 salaries)

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₹3.7 L/yr - ₹4.7 L/yr

arrow icon 35% more
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IDFC FIRST Bank Risk Analyst Salary

0 - 7 years exp. (14 salaries)

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₹2.2 L/yr - ₹8.8 L/yr

arrow icon 44% more
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₹2.2 L/yr - ₹3 L/yr

arrow icon 22% less
Risk Analyst salary at Kotak Mahindra Bank ranges between ₹1.8 Lakh to ₹5.2 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 11 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Risk Analyst in Mumbai

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Experience wise Kotak Mahindra Bank Risk Analyst salaries in Mumbai

Last Updated: 17 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.3 L/yr - ₹4.3 L/yr
1 year  (3 salaries)

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₹2 L/yr - ₹5.2 L/yr
2 years (AmbitionBox Estimate)

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₹2 L/yr - ₹5.6 L/yr
3 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹5.6 L/yr
4 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹3.2 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Business Analyst Salary
(147 salaries)
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₹4.46 L/yr - ₹19.05 L/yr
Team Lead Salary
(81 salaries)
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₹1.8 L/yr - ₹9 L/yr
Data Analyst Salary
(42 salaries)
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₹2.1 L/yr - ₹9.47 L/yr
Data Scientist Salary
(30 salaries)
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₹8 L/yr - ₹22.55 L/yr
MIS Analyst Salary
(11 salaries)
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₹2.5 L/yr - ₹6.6 L/yr
Analyst Salary
(9 salaries)
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₹8.28 L/yr - ₹13 L/yr
Senior Analyst Salary
(3 salaries)
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₹7.81 L/yr - ₹12.5 L/yr

Top skills at Kotak Mahindra Bank for Risk Analyst

Credit Appraisal Credit Credit Underwriting NBFC Structured Finance Credit Risk Analysis Pharma

Salary related reviews for Kotak Mahindra Bank

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 08 May 2023

2.0
 for  Salary and Benefits

Likes

You get a lot of learning exposure. Job security is very good. 5 days working benefit. Overall a great experience.

Dislikes

Newly recruited person are taken for high salary where as existing employees do not have the value. Work for 2 years and change the company we ll have dignity then. Wen required sales and when required service changes in sop very frequently. We end up learning n experience all these as well.

read more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 03 Apr 2021

1.0
 for  Salary and Benefits

Likes

Job security

Dislikes

Poor compensation - No increments given in 2020 despite a great year for the bank. Senior mgmt. benefits from stock options while increments and bonuses for Senior Associates/VPs are significantly lower than peers.

read more

Full Time

 · 

Project & Program Management Department

2.0
  •  posted on 27 Dec 2024

2.0
 for  Salary and Benefits

Likes

- Business Heads and Tech Heads are supportive

Dislikes

- poor benefits - poor compensation and variable structure(ex no pro rata variable payout) - poor medical insurance coverage - poor processes and tools - poor culture overall

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 23 Dec 2024

4.0
 for  Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

read more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

read more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 27 Nov 2024

4.0
 for  Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

read more

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

read more
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Kotak Mahindra Bank Risk Analyst Salary FAQs

What is the salary of Risk Analyst at Kotak Mahindra Bank Mumbai?
Risk Analyst salary at Kotak Mahindra Bank in Mumbai ranges between ₹1.8 Lakhs to ₹5.2 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 67% less than the average Risk Analyst Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.
How does the salary of a Risk Analyst at Kotak Mahindra Bank Mumbai compare with the average salary range for this job?
The average salary of a Risk Analyst at Kotak Mahindra Bank is 67% less than the average salary of a Risk Analyst in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Risk Analyst at Kotak Mahindra Bank?
Credit Appraisal, Credit, Credit Underwriting, NBFC and Structured Finance are some of the popular skills required to work as a Risk Analyst at Kotak Mahindra Bank Mumbai.
Which similar companies are paying more than Kotak Mahindra Bank to a Risk Analyst in Mumbai?
  • ICICI Bank Risk Analyst Salary - ₹7.0 Lakhs to ₹21.8 Lakhs per year
  • IndusInd Bank Risk Analyst Salary - ₹7.7 Lakhs to ₹17.5 Lakhs per year
  • Axis Bank Risk Analyst Salary - ₹5.3 Lakhs to ₹13.8 Lakhs per year
  • IDFC FIRST Bank Risk Analyst Salary - ₹2.2 Lakhs to ₹8.8 Lakhs per year
  • HDFC Bank Risk Analyst Salary - ₹3.2 Lakhs to ₹4.6 Lakhs per year
What is the salary of a Risk Analyst in companies similar to Kotak Mahindra Bank in Mumbai?
  • Yes Bank Risk Analyst Salary - ₹3.7 Lakhs to ₹4.7 Lakhs per year
  • Utkarsh Small Finance Bank Risk Analyst Salary - ₹2.2 Lakhs to ₹3.0 Lakhs per year
What is the estimated take home salary of a Risk Analyst at Kotak Mahindra Bank in Mumbai?
The estimated take-home salary of a Risk Analyst at Kotak Mahindra Bank ranges between ₹22,134 per month to ₹23,615 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Risk Analyst salary in India which ranges between ₹1.8 Lakhs to ₹5.2 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?
What is the notice period for Risk Analyst at Kotak Mahindra Bank in Mumbai?
According to AmbitionBox, 40% of the Kotak Mahindra Bank Risk Analysts in Mumbai reported a notice period of 1 Month, 30% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Risk Analyst salary in Mumbai ranges between ₹1.8 Lakh to ₹5.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.