Kotak Securities Operations Manager Salaries by 10+ Employees (Updated 2024)

6 - 16 years exp.

₹2.8 Lakhs - ₹8 Lakhs

Salary of majority employees

55% less than the average Operations Manager Salary in Financial Services Companies for 6 - 16 years of experience

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Salaries in different departments

Customer Success, Service & Operations Operations Manager Salary 8 - 16 years exp. (8 salaries)	₹3.1 L/yr - ₹8 L/yr
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BFSI, Investments & Trading Operations Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹4.9 L/yr

Last Updated: 2 Dec 2024

Companies similar to Kotak Securities for Operations Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Operations Manager Salary 0 - 16 years exp. (28 salaries)	₹5 L/yr - ₹10.3 L/yr 54% more
HDFC Securities Operations Manager Salary 0 - 5 years exp. (3 salaries)	₹2 L/yr - ₹4.5 L/yr 32% less
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Axis Direct Operations Manager Salary 1 - 10 years exp. (7 salaries)	₹2.1 L/yr - ₹9.2 L/yr 5% more
Sharekhan Operations Manager Salary 1 - 12 years exp. (8 salaries)	₹2 L/yr - ₹9.9 L/yr 15% more
Angel One Operations Manager Salary 2 - 14 years exp. (9 salaries)	₹1.5 L/yr - ₹7.5 L/yr 22% more
Motilal Oswal Financial Services Operations Manager Salary 1 - 16 years exp. (10 salaries)	₹1.5 L/yr - ₹7 L/yr 11% less
Edelweiss Operations Manager Salary 2 - 10 years exp. (16 salaries)	₹3 L/yr - ₹9.5 L/yr 2% more
IIFL Securities Operations Manager Salary 3 - 7 years exp. (5 salaries)	₹3.1 L/yr - ₹5.5 L/yr 23% less
Geojit Financial Services Operations Manager Salary 4 - 15 years exp. (4 salaries)	₹2.6 L/yr - ₹8.2 L/yr 2% less
HSBC Group Operations Manager Salary 5 - 18 years exp. (211 salaries)	₹7 L/yr - ₹22.5 L/yr 184% more
Societe Generale Global Solution Centre Operations Manager Salary 8 - 16 years exp. (112 salaries)	₹9.5 L/yr - ₹21 L/yr 202% more
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State Street Corporation Operations Manager Salary 10 - 17 years exp. (84 salaries)	₹12 L/yr - ₹22.1 L/yr 267% more
BNY Operations Manager Salary 9 - 17 years exp. (57 salaries)	₹10.4 L/yr - ₹24 L/yr 263% more
ANZ Banking Group Operations Manager Salary 11 - 17 years exp. (53 salaries)	₹12 L/yr - ₹35 L/yr 317% more
American Express Operations Manager Salary 8 - 18 years exp. (46 salaries)	₹9 L/yr - ₹27 L/yr 234% more	1 job opening
Citicorp Operations Manager Salary 8 - 17 years exp. (45 salaries)	₹10.3 L/yr - ₹24.3 L/yr 262% more
BNP Paribas Operations Manager Salary 7 - 16 years exp. (38 salaries)	₹7.2 L/yr - ₹24 L/yr 224% more
Northern Trust Operating Services Operations Manager Salary 12 - 17 years exp. (21 salaries)	₹18.5 L/yr - ₹37.5 L/yr 514% more
Citigroup Operations Manager Salary 7 - 19 years exp. (14 salaries)	₹9.6 L/yr - ₹24 L/yr 236% more
First American Corporation Operations Manager Salary 15 - 21 years exp. (11 salaries)	₹15 L/yr - ₹25 L/yr 264% more

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Operations Manager salary at Kotak Securities ranges between ₹2.8 Lakhs to ₹8 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 13 latest salaries received from various employees of Kotak Securities.

Experience wise Kotak Securities Operations Manager salaries

Last Updated: 2 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.4 L/yr
7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹8.9 L/yr
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8 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹8.9 L/yr
9 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹8 L/yr
10 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹8 L/yr
11 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
13 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9.1 L/yr
14 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
15+ years (3 salaries)	₹2 L/yr - ₹6.5 L/yr

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Similar Designation salaries in Kotak Securities

Relationship Manager Salary

(192 salaries)

₹1.5 L/yr - ₹5.65 L/yr

Senior Operations Manager Salary

(6 salaries)

₹4.5 L/yr - ₹7 L/yr

Department Manager Salary

(4 salaries)

₹3.9 L/yr - ₹6 L/yr

Service Manager Salary

(3 salaries)

₹2.6 L/yr - ₹6.2 L/yr

Team Manager Salary

(27 salaries)

₹3.5 L/yr - ₹9 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

Branch Manager Salary

(152 salaries)

₹4.1 L/yr - ₹11.08 L/yr

Area Manager Salary

(9 salaries)

₹9 L/yr - ₹18.5 L/yr

Deputy Manager Salary

(1.6k salaries)

₹2.1 L/yr - ₹7.45 L/yr

Program Manager Salary

(AmbitionBox Estimate)

₹15.8 L/yr - ₹20.1 L/yr

Salary related reviews for Kotak Securities

2.5

Rated by 4 employees for salary & benefits

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.

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

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

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 😕

Deputy Manager Grade 2 in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 02 Jun 2023

4.0

for Salary and Benefits

Likes

TA Claim Is good, Not Required to Claim , Traning Is Good , Salary On Time

Dislikes

Usage Pressure, Reporting Authority Is not Good HR not Supporting This Is Only Focused LI ,GI Not In Demat F&O Charges Is Very High Even Saturday is officialy off But Your Manager force to work

Deputy Manager in Vadodara

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 19 Dec 2023

1.0

for Salary and Benefits

Likes

nothing

Dislikes

...ee & care & safety, not client problem solving supporting by senior management, not rise salary continues 3 years. high target pressure. manager not working and not listen and only politics. manager always partiality his favorite person (spy)

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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Kotak Securities Operations Manager Salary FAQs

What is the salary of Operations Manager at Kotak Securities?

Operations Manager salary at Kotak Securities in India ranges between ₹2.8 Lakhs to ₹8.0 Lakhs for experience between 6 years to 16 years. According to our estimates it is 55% less than the average Operations Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Kotak Securities India.

How does the salary of a Operations Manager at Kotak Securities India compare with the average salary range for this job?

The average salary of a Operations Manager at Kotak Securities is 55% less than the average salary of a Operations Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Securities to a Operations Manager in India?

Northern Trust Operations Manager Salary - ₹29.3 Lakhs to ₹37.5 Lakhs per year
Northern Trust Operating Services Operations Manager Salary - ₹18.5 Lakhs to ₹37.5 Lakhs per year
FactSet Operations Manager Salary - ₹14.0 Lakhs to ₹29.4 Lakhs per year
ANZ Banking Group Operations Manager Salary - ₹12.0 Lakhs to ₹35.0 Lakhs per year
Morningstar Operations Manager Salary - ₹15.4 Lakhs to ₹27.5 Lakhs per year

What is the salary of a Operations Manager in companies similar to Kotak Securities in India?

UBS Operations Manager Salary - ₹11.7 Lakhs to ₹19.4 Lakhs per year
State Street Corporation Operations Manager Salary - ₹12.0 Lakhs to ₹22.1 Lakhs per year
First American Corporation Operations Manager Salary - ₹15.0 Lakhs to ₹25.0 Lakhs per year
BNY Operations Manager Salary - ₹10.4 Lakhs to ₹24.0 Lakhs per year
Citicorp Operations Manager Salary - ₹10.3 Lakhs to ₹24.3 Lakhs per year

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

The estimated take-home salary of a Operations Manager at Kotak Securities ranges between ₹37,319 per month to ₹38,524 per month in India. The take-home salary calculation is based on the average Kotak Securities Operations Manager salary in India which ranges between ₹2.8 Lakhs to ₹8.0 Lakhs per year for employees with experience between 6 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Operations Manager at Kotak Securities?

According to AmbitionBox, 80% of the Kotak Securities Operations Managers reported a notice period of 3 Months, 10% reported a notice period of 1 Month 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 Securities Operations Manager Salaries

Kotak Securities Operations Manager salary in India ranges between ₹2.8 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Kotak Securities latest salaries received from various employees of Kotak Securities.