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Kotak Mahindra Bank Risk and Compliance Manager salaries in India

Annual salary range
11 - 14 years exp.
₹12 Lakhs - ₹14 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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28% less than the average Risk and Compliance Manager Salary in Banking Companies for 11 - 14 years of experience

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Last Updated: 17 Dec 2024

Companies similar to Kotak Mahindra Bank for Risk and Compliance Manager

Company name Avg Annual Salary Open Jobs
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ICICI Bank Risk and Compliance Manager Salary

9 - 13 years exp. (3 salaries)

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₹8 L/yr - ₹14 L/yr

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Axis Bank Risk and Compliance Manager Salary

8 - 11 years exp. (3 salaries)

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₹4.5 L/yr - ₹8.5 L/yr

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HCLTech Risk and Compliance Manager Salary

10 - 20 years exp. (25 salaries)

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₹14 L/yr - ₹23 L/yr

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Genpact Risk and Compliance Manager Salary

8 - 16 years exp. (15 salaries)

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₹9.4 L/yr - ₹22 L/yr

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HSBC Group Risk and Compliance Manager Salary

4 - 14 years exp. (13 salaries)

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₹9.6 L/yr - ₹21.6 L/yr

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Risk and Compliance Manager salary at Kotak Mahindra Bank ranges between ₹12 Lakhs to ₹14 Lakhs per year for employees with experience between 11 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Risk and Compliance Manager

6d ago
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12 years exp.
6mo ago
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14 years exp.
1y ago
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11 years exp.

Experience wise Kotak Mahindra Bank Risk and Compliance Manager salaries

Last Updated: 17 Dec 2024

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹10.8 L/yr - ₹13.8 L/yr
12 years (AmbitionBox Estimate)

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₹10.8 L/yr - ₹13.8 L/yr
14 years (AmbitionBox Estimate)

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₹12.6 L/yr - ₹16.1 L/yr

Similar Designation salaries in Kotak Mahindra Bank

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₹8.65 L/yr - ₹9.45 L/yr
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₹3.75 L/yr - ₹10 L/yr
Deputy Manager Salary
(11.3k salaries)
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₹1.65 L/yr - ₹8 L/yr
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₹25.73 L/yr - ₹55 L/yr
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₹8.5 L/yr - ₹20.5 L/yr
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₹11.29 L/yr - ₹36 L/yr
Senior Associate Salary
(115 salaries)
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₹1.4 L/yr - ₹4.5 L/yr
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₹1.2 L/yr - ₹2.65 L/yr
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₹3 L/yr - ₹11.03 L/yr

Salary related reviews for Kotak Mahindra Bank

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 02 Jul 2024

1.0
 for  Salary and Benefits

Likes

Work life balance No bad words from senior managers in my 10 years tenure with Kotak

Dislikes

Low salary hike every year even for Achievers. If we have grade promotion they will give grade promotion this year and salary hike next year that too 4% extra with normal appraisal.

read more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 11 Jun 2024

2.0
 for  Salary and Benefits

Likes

The company is good if you are mediocre in performance and can live with less payment. The company has less clients and similary cannot pay employees much. They have very less promotion buckets and blatantly lie to people for the same.

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Dislikes

Salary, promortion - these are the worst over here.

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 18 May 2024

3.0
 for  Salary and Benefits

Likes

Kotak pays good salary and promotions are totally based on your performance.

read more

Dislikes

The attrition rate is 56%, one of the highest in the industry. You don't get Saturdays and they act fussy when you ask for a well deserved general leave. The pressure of doing sales is eminent, even in impossible scenarios. The new CEO wants to make it JP morgan of India, but the way they are doing it is laughable.

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Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 10 Mar 2024

2.0
 for  Salary and Benefits

Likes

Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

Dislikes

Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.

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Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 30 Dec 2023

3.0
 for  Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

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Kotak Mahindra Bank Risk and Compliance Manager Salary FAQs

What is the notice period for Risk and Compliance Manager at Kotak Mahindra Bank?
According to AmbitionBox, 67% of the Kotak Mahindra Bank Risk and Compliance Managers reported a notice period of 3 Months, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Risk and Compliance Manager salary in India ranges between ₹12 Lakhs to ₹14 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.