NatWest Group Operations Associate Salaries by 8 Employees (Updated 2025)

0 - 3 years exp.

₹3 Lakhs - ₹10.8 Lakhs

Low Confidence

Salary of majority employees

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69% more than the average Operations Associate Salary in Banking Companies for 0 - 3 years of experience

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Last Updated: 10 Mar 2025

Companies similar to NatWest Group for Operations Associate

Company name	Avg Annual Salary	Open Jobs
HSBC Group Operations Associate Salary 1 - 6 years exp. (10 salaries)	Unlock ₹2.5 L/yr - ₹10.2 L/yr 10% less
JPMorgan Chase & Co. Operations Associate Salary 4 - 14 years exp. (46 salaries)	Unlock ₹5.9 L/yr - ₹25 L/yr 144% more
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Bank of America Operations Associate Salary 1 - 4 years exp. (6 salaries)	Unlock ₹3.2 L/yr - ₹4 L/yr 43% less
Wells Fargo Operations Associate Salary 0 - 5 years exp. (118 salaries)	Unlock ₹2.4 L/yr - ₹9.1 L/yr 26% less	3 job openings
Deutsche Bank Operations Associate Salary 1 - 9 years exp. (19 salaries)	Unlock ₹4.8 L/yr - ₹19.5 L/yr 81% more
Kotak Mahindra Bank Operations Associate Salary 0 - 6 years exp. (47 salaries)	Unlock ₹1.6 L/yr - ₹3.5 L/yr 58% less
ICICI Bank Operations Associate Salary 0 - 3 years exp. (41 salaries)	Unlock ₹1.7 L/yr - ₹3.8 L/yr 58% less
IDFC FIRST Bank Operations Associate Salary 0 - 7 years exp. (37 salaries)	Unlock ₹2 L/yr - ₹4 L/yr 55% less
HDFC Bank Operations Associate Salary 0 - 6 years exp. (16 salaries)	Unlock ₹2 L/yr - ₹5.5 L/yr 47% less
Axis Bank Operations Associate Salary 0 - 6 years exp. (10 salaries)	Unlock ₹3 L/yr - ₹6.5 L/yr 29% less
Yes Bank Operations Associate Salary 1 - 3 years exp. (4 salaries)	Unlock ₹1.4 L/yr - ₹4.5 L/yr 49% less
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Barclays Operations Associate Salary 2 - 8 years exp. (6 salaries)	Unlock ₹6.5 L/yr - ₹7.5 L/yr 14% more
IndusInd Bank Operations Associate Salary 1 - 2 years exp. (4 salaries)	Unlock ₹2.6 L/yr - ₹4.9 L/yr 48% less
Standard Chartered Operations Associate Salary 0 - 2 years exp. (4 salaries)	Unlock ₹2.5 L/yr - ₹4.1 L/yr 48% less
Jana Small Finance Bank Operations Associate Salary 0 - 3 years exp. (4 salaries)	Unlock ₹1.8 L/yr - ₹3.2 L/yr 59% less
ANZ Banking Group Operations Associate Salary 1 - 3 years exp. (4 salaries)	Unlock ₹4.3 L/yr - ₹5.8 L/yr 18% less
Utkarsh Small Finance Bank Operations Associate Salary 2 - 4 years exp. (4 salaries)	Unlock ₹2 L/yr - ₹2.5 L/yr 63% less
AU Small Finance Bank Operations Associate Salary 0 - 5 years exp. (4 salaries)	Unlock ₹1.6 L/yr - ₹6 L/yr 50% less
State Bank of India Operations Associate Salary 2 - 6 years exp. (3 salaries)	Unlock ₹5.5 L/yr - ₹9 L/yr 21% more

Operations Associate salary at NatWest Group ranges between ₹3 Lakhs to ₹10.8 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 8 latest salaries received from various employees of NatWest Group.

Experience wise NatWest Group Operations Associate salaries

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹3.3 L/yr - ₹9.7 L/yr
1 year (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹10.5 L/yr
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2 years (3 salaries)	Unlock ₹3.5 L/yr - ₹11.3 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹5.8 L/yr - ₹12.2 L/yr

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Top skills at NatWest Group for Operations Associate

Reconciliation Collateral Management Stakeholder Management Operations Monitoring Front Office OTC Investment Banking Data Management Derivative Market Compliance Customer Service Operations HP Data Protector Financial Planning Sales

Salary related reviews for NatWest Group

2.3

Rated by 3 employees for salary & benefits

Senior Associate in New Delhi

Full Time

Risk Management & Compliance Department

1.0

• posted on 04 Jan 2025

1.0

for Salary and Benefits

Likes

The Leave policy is the only thing good about this company.

Dislikes

...espite being assured of competitive pay, you will often find yourself underpaid. During appraisal discussions, the management frequently justifies minimal increments by claiming that your salary is already above the industry benchmark—a statement far removed from reality. Over time, this persistent undervaluation can erode your motivation and hinder your professional growth. You may feel trapped by the rigid 90-day notice period policy, which not only limits your mobility but also causes you to lose touch with critical interview skills. The work culture leaves much to be desired. Managers often show little regard for employee well-being, fostering an environment where working excessively long hours is the norm. The lack of genuine recognition or meaningful benefits further exacerbates the dissatisfaction. Overall, this workplace struggles to provide a supportive or rewarding environment, leaving employees feeling unappreciated, demotivated, and stagnant in their careers.

Salary - Bad

+6 more

Senior Analyst in Chennai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 27 Dec 2023

4.0

for Salary and Benefits

Likes

The environment is very friendly and it's very accommodating especially for women. There is good work life.

Salary - Good

+6 more

Dislikes

The pay and hike is a bit low compared to the market for certain units. And it only offers one way cab.

Analyst in Bangalore / Bengaluru

Full Time

Project & Program Management Department

4.0

• posted on 25 Oct 2023

3.0

for Salary and Benefits

Likes

-> Pleasant work life balance -> Lots of learning opportunities -> Provides good number of leaves.

Work-life balance - Good

Dislikes

-> Lack of opportunity of advancement, low bonus. -> NatWest technology India is a company with strong culture of Hierarchy, which can be seen in the way teams are structured and managed. This leads to a sense of distance between managers and employees and makes it difficult for employees to feel comfortable speaking up or sharing their ideas. -> There have been reports of racist treatment from managers of southern India towards their collogues from northern India, particularly in technology teams based in Bangalore and Chennai. This creates hostile work environment. -> While HR claims to be committed to gender equality and providing opportunities for employees to speak up, whistle blowers are reported being targeted or sidelined. This shows real gap between HR policy and practice, and that employees may not feel comfortable reporting misconduct or discrimination.

Promotions - Poor

Senior Analyst in Bangalore / Bengaluru

Full Time

Risk Management & Compliance Department

5.0

• posted on 12 Apr 2023

3.0

for Salary and Benefits

Likes

Culture in Risk team is great. Good work life balance, management looks to ensure job security to employees and take care to organise knowledge sessions centrally.

Skill development - Excellent

+5 more

Dislikes

Salary and benefits below or just average compared to industry standards.

Analyst in New Delhi

Full Time

FCO Department

4.0

• posted on 12 Aug 2022

1.0

for Salary and Benefits

Likes

natwest is a great company for freshers, you can get a lot to learn here, people are really nice and genuine, managers and PLs are also really helpful. One can expect a good time in this company. Lots of learning and training sessions. Good infrastructure.

Skill development - Excellent

+4 more

Dislikes

the only thing that i dislike about natwest is they pay very less. no matter how good you are they only pay the standard amount of appraisal, which is quite disheartening. Politics is there, you can't mess up with the higher management if you want to grow within the company.

Salary - Bad

+1 more

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NatWest Group

Stuck in my current company

Hi all , I've been working as a customer service & operations analyst in my current company for the past 2.5 years. 1 year of experience in handling non-voice customer queries and 1.5 years of experience in retail lending operations. The nature of my work is repetitive ... read more

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NatWest Group Operations Associate Salary FAQs

What is the salary of Operations Associate at NatWest Group?

Operations Associate salary at NatWest Group in India ranges between ₹3.0 Lakhs to ₹10.8 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 69% more than the average Operations Associate Salary in India. Salary estimates are based on 8 latest salaries received from various employees of NatWest Group India.

How does the salary of a Operations Associate at NatWest Group India compare with the average salary range for this job?

The average salary of a Operations Associate at NatWest Group is 69% more than the average salary of a Operations Associate in India. To know exact salary insights, login to view.

What are the top skills required to work as a Operations Associate at NatWest Group?

Reconciliation, Collateral Management, Stakeholder Management, Operations and Monitoring are some of the popular skills required to work as a Operations Associate at NatWest Group India.

Which similar companies are paying more than NatWest Group to a Operations Associate in India?

JPMorgan Chase & Co. Operations Associate Salary - ₹5.9 Lakhs to ₹25.0 Lakhs per year
Deutsche Bank Operations Associate Salary - ₹4.8 Lakhs to ₹19.5 Lakhs per year
State Bank of India Operations Associate Salary - ₹5.5 Lakhs to ₹9.0 Lakhs per year
Barclays Operations Associate Salary - ₹6.5 Lakhs to ₹7.5 Lakhs per year

What is the salary of a Operations Associate in companies similar to NatWest Group in India?

HSBC Group Operations Associate Salary - ₹2.5 Lakhs to ₹10.2 Lakhs per year
ANZ Banking Group Operations Associate Salary - ₹4.3 Lakhs to ₹5.8 Lakhs per year
Wells Fargo Operations Associate Salary - ₹2.4 Lakhs to ₹9.1 Lakhs per year
Axis Bank Operations Associate Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year
Bank of America Operations Associate Salary - ₹3.2 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Operations Associate at NatWest Group in India?

The estimated take-home salary of a Operations Associate at NatWest Group ranges between ₹46,179 per month to ₹47,274 per month in India. The take-home salary calculation is based on the average NatWest Group Operations Associate salary in India which ranges between ₹3.0 Lakhs to ₹10.8 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Operations Associate at NatWest Group?

According to AmbitionBox, 100% of the NatWest Group Operations Associates reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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NatWest Group Operations Associate Salaries

NatWest Group Operations Associate salary in India ranges between ₹3 Lakhs to ₹10.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 NatWest Group latest salaries received from various employees of NatWest Group.