Kotak Securities Mumbai Assistant Manager Operations Salaries by 6 Employees

3 - 7 years exp.

₹2.6 Lakhs - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

58% less than the average Assistant Manager Operations Salary in Financial Services Companies for 3 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Operations Salary 4 - 7 years exp. (3 salaries)	₹2.6 L/yr - ₹2.7 L/yr
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Customer Success, Service & Operations Assistant Manager Operations Salary 3 - 4 years exp. (3 salaries)	₹2.6 L/yr - ₹3 L/yr

Last Updated: 4 May 2024

Companies similar to Kotak Securities for Assistant Manager Operations in Mumbai

Kotak Securities Assistant Manager Operations Salary

3 - 7 years exp. (6 salaries)

₹2.6 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
Ocwen Financial Solutions Assistant Manager Operations Salary 10 - 14 years exp. (4 salaries)	₹10.8 L/yr - ₹14.5 L/yr 363% more
WNS Assistant Manager Operations Salary 6 - 15 years exp. (52 salaries)	₹4.3 L/yr - ₹10.5 L/yr 187% more	5 job openings
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ICICI Bank Assistant Manager Operations Salary 1 - 9 years exp. (40 salaries)	₹3.1 L/yr - ₹5.5 L/yr 55% more
Axis Bank Assistant Manager Operations Salary 0 - 6 years exp. (31 salaries)	₹2.7 L/yr - ₹4.7 L/yr 37% more
Concentrix Corporation Assistant Manager Operations Salary 5 - 14 years exp. (31 salaries)	₹4.5 L/yr - ₹9 L/yr 142% more

Assistant Manager Operations salary at Kotak Securities ranges between ₹2.6 Lakhs to ₹3 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Securities.

Experience wise Kotak Securities Assistant Manager Operations salaries in Mumbai

Last Updated: 4 May 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
7 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr

Similar Designation salaries in Kotak Securities

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Equity Dealer Salary

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Business Analyst Salary

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Management Trainee Salary

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Senior Product Manager Salary

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₹13 L/yr - ₹32 L/yr

Senior Vice President Salary

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Customer Service Executive Salary

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₹2 L/yr - ₹3.3 L/yr

Salary related reviews for Kotak Securities

Deputy Manager in Guwahati

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 14 Jun 2024

1.0

for Salary and Benefits

Likes

Salary on time and Saturday off

Dislikes

Vary bad work culture no any support from senior Specially cannot work with this Stupid Rohit Mahipal very worst fellow and because of him many employee resigned from KS even BM,Cluster Head, state Head etc. Really where he worked he made all office empty so don't work with him and later joined Chinmoy Sharma he is very oiling person to senior even bad bad performance from previous company but he joined here coz of reference stupid Rohit Mahipal.

Salary - Bad

+6 more

Deputy Manager in Surat

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 12 Apr 2024

4.0

for Salary and Benefits

Likes

Salary is on time A fixed Fuel reimbursement is passed without hassle Good learning experience

Salary - Good

+2 more

Dislikes

There is very high pressure and toxic work environment Unrealistic expectations are set by the managers on a daily basis Managers don’t approve leaves easily There is no real training program and very little support from operations end

Company culture - Bad

+1 more

Deputy Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 31 May 2023

1.0

for Salary and Benefits

Likes

During COVID pandemic company don't stop salary.

Dislikes

...y disappointed. HR BEHAVIOUR IS VERY BAD. HR is manipulated by Management. Not even salary hike 😕

Salary - Bad

+6 more

Deputy Manager in Mumbai

Intern

Risk Management & Compliance Department

3.0

• posted on 08 Dec 2024

2.0

for Salary and Benefits

Likes

job timings are good

Dislikes

as per the name not getting gud salary hike, you are not able to get leave when you required and not even getting leave encashment it is got lapse if you are not utilising for that year. for silly reason they are not promoted you and not even gettting hike and bonus for one year so much disappointment for this.

Salary - Poor

+5 more

Associate Vice President (working remotely)

Full Time

Engineering - Software & QA Department

4.0

• posted on 24 Nov 2024

5.0

for Salary and Benefits

Likes

Job security, wfh, company culture, work life balance, yearly bonus, holidays, leaves benefits etc.

Salary - Excellent

+5 more

Dislikes

Promotions are very slow and not based on skills/expertise Management engagement / collaboration with mid and ground level employees is average. There are not many new learning opportunities so career growth is stagnant.

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Kotak Securities Assistant Manager Operations Salary FAQs

What is the salary of Assistant Manager Operations at Kotak Securities in Mumbai?

The average salary of a Assistant Manager Operations at Kotak Securities in Mumbai typically ranges from ₹2.6 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Assistant Manager Operations in Mumbai at Kotak Securities earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Assistant Manager Operations Salaries at Kotak Securities 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 6 Kotak Securities employees in India.

What is the estimated take home salary of a Assistant Manager Operations at Kotak Securities in Mumbai?

The estimated take-home salary of a Assistant Manager Operations at Kotak Securities in Mumbai typically ranges from ₹19,538 to ₹21,208 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 3 years 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 6 salaries received from various employees of Kotak Securities. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Kotak Securities for Assistant Manager Operations in India?

Ocwen Financial Solutions	₹10.8 Lakhs to ₹14.5 Lakhs per year
WNS	₹4.3 Lakhs to ₹10.5 Lakhs per year
Concentrix Corporation	₹4.5 Lakhs to ₹9.0 Lakhs per year
ICICI Bank	₹3.1 Lakhs to ₹5.5 Lakhs per year
Axis Bank	₹2.7 Lakhs to ₹4.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Securities, depending on the role and experience level.

How the salary growth look like for a Assistant Manager Operations at Kotak Securities in Mumbai?

The salary growth for a Assistant Manager Operations at Kotak Securities in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager Operations in Mumbai can expect the following growth trajectory at Kotak Securities:

Experience	Average Salary Range
3 years	₹2.5 Lakhs to ₹3.1 Lakhs per year
4 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
5 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
6 years	₹2.5 Lakhs to ₹3.2 Lakhs per year

and so on.

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Kotak Securities Assistant Manager Operations Salaries in Mumbai

Kotak Securities Assistant Manager Operations salary in Mumbai ranges between ₹2.6 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Kotak Securities latest salaries received from various employees of Kotak Securities.