NatWest Group Quantitative Developer Salaries by 4 Employees

4 - 13 years exp.

₹23 Lakhs - ₹41 Lakhs

Low Confidence

Salary of majority employees

Fixed (94%)

₹33.8 Lakhs

Variable (6%)

₹2.2 Lakhs

132% more than the average Quantitative Developer Salary in Banking Companies for 4 - 13 years of experience

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Last Updated: 28 Dec 2024

Companies similar to NatWest Group for Quantitative Developer

Company name	Avg Annual Salary	Open Jobs
Barclays Quantitative Developer Salary Fresher (4 salaries)	₹28 L/yr - ₹35 L/yr 10% less
Futures First info Services Quantitative Developer Salary 1 - 2 years exp. (4 salaries)	₹16 L/yr - ₹18 L/yr 53% less
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Quantx Technologies Quantitative Developer Salary 1 - 3 years exp. (4 salaries)	₹3 L/yr - ₹13.1 L/yr 78% less
Quantile Analytics Quantitative Developer Salary 1 - 3 years exp. (4 salaries)	₹14 L/yr - ₹17.5 L/yr 56% less
Morgan Stanley Quantitative Developer Salary 2 - 4 years exp. (3 salaries)	₹23 L/yr - ₹30 L/yr 23% less

Quantitative Developer salary at NatWest Group ranges between ₹23 Lakhs to ₹41 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of NatWest Group.

Experience wise NatWest Group Quantitative Developer salaries

Last Updated: 28 Dec 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹20.7 L/yr - ₹26.5 L/yr
10 years (AmbitionBox Estimate)	₹35.9 L/yr - ₹45.9 L/yr
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12 years (AmbitionBox Estimate)	₹36 L/yr - ₹46 L/yr
13 years (AmbitionBox Estimate)	₹36.9 L/yr - ₹47.2 L/yr

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Salary related reviews for NatWest Group

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

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Senior Analyst in Chennai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 27 Dec 2023

4.0

for Salary and Benefits

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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.

Software Engineer in Gurgaon / Gurugram

Full Time

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3.0

• posted on 09 Jun 2024

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for Salary and Benefits

Likes

...helpful environment 3. Great work life balance. No weekend work. No overtime. 4. Salary is decent enough.

Salary - Good

+3 more

Dislikes

1. Very little appraisal. 2. Management people are full of it. Many micro-manage a lot and dont have any proper technical knowledge. 3. No skill development unless you are in a good BU. Too much operational work - It gets on your nerve.

Skill development - Poor

+2 more

Senior Analyst in Bangalore / Bengaluru

Full Time

Risk Management & Compliance Department

5.0

• posted on 12 Apr 2023

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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.

Senior Analyst in New Delhi

Full Time

Commercial Banking Department

1.0

• posted on 27 May 2022

1.0

for Salary and Benefits

Likes

Only the number of holidays

Dislikes

... culture at NatWest Group is so toxic that the employee tends to get frustrated. Salary is peanuts compared to other good companies. Senior management and HR are like statues in whom company is wasting money as they have no power/role. Pathetic company with no regards to employees. Biggest mistake to consider NatWest

Salary - Bad

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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NatWest Group Quantitative Developer Salary FAQs

What is the salary of Quantitative Developer at NatWest Group ?

The average salary of a Quantitative Developer at NatWest Group in India typically ranges from ₹23.0 Lakhs to ₹41.0 Lakhs per year, depending on experience (from 4 years to 13 years).

The top 10% of Quantitative Developer at NatWest Group earn more than ₹41.0 Lakhs per year, and the top 1% earn over ₹41.0 Lakhs per year. Quantitative Developer Salaries at NatWest Group 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 4 NatWest Group employees in India.

What is the estimated take home salary of a Quantitative Developer at NatWest Group in India?

The estimated take-home salary of a Quantitative Developer at NatWest Group in India typically ranges from ₹2,16,925 to ₹2,25,597 per month. This is based on the average salary range of ₹23.0 Lakhs to ₹41.0 Lakhs per year for employees with experience ranging from 4 years to 13 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 4 salaries received from various employees of NatWest Group. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Quantitative Developer in companies similar to NatWest Group in India?

The salary of a Quantitative Developer at companies similar to NatWest Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Barclays	₹28.0 Lakhs to ₹35.0 Lakhs per year
Morgan Stanley	₹23.0 Lakhs to ₹30.0 Lakhs per year
Futures First info Services	₹16.0 Lakhs to ₹18.0 Lakhs per year
Quantile Analytics	₹14.0 Lakhs to ₹17.5 Lakhs per year
Quantx Technologies	₹3.0 Lakhs to ₹13.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Quantitative Developer at NatWest Group in India?

The salary growth for a Quantitative Developer at NatWest Group depends on factors such as experience, performance, and promotions. On average, a Quantitative Developer can expect the following growth trajectory at NatWest Group:

Experience	Average Salary Range
4 years	₹20.7 Lakhs to ₹26.5 Lakhs per year
10 years	₹35.9 Lakhs to ₹45.9 Lakhs per year
12 years	₹36.0 Lakhs to ₹46.0 Lakhs per year
13 years	₹36.9 Lakhs to ₹47.2 Lakhs per year

and so on.

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NatWest Group Quantitative Developer Salaries

NatWest Group Quantitative Developer salary in India ranges between ₹23 Lakhs to ₹41 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 NatWest Group latest salaries received from various employees of NatWest Group.