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NatWest Group Senior Associate salaries in Mumbai (Updated 2025)

Annual salary range
5 - 10 years exp.
₹6.7 Lakhs - ₹18.9 Lakhs
Salary of majority employees
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25% more than the average Senior Associate Salary in Banking Companies for 5 - 10 years of experience

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Salaries in different departments

Finance & Accounting
Senior Associate Salary
7 - 10 years exp. (AmbitionBox Estimate)
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₹10 L/yr - ₹21 L/yr

Customer Success, Service & Operations
Senior Associate Salary
9 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹12.8 L/yr

Last Updated: 22 Mar 2025

Companies similar to NatWest Group for Senior Associate in Mumbai

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NatWest Group Senior Associate Salary

5 - 10 years exp. (6 salaries)

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₹6.7 L/yr - ₹18.9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Senior Associate Salary

0 - 7 years exp. (124 salaries)

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₹1.5 L/yr - ₹3.8 L/yr

arrow icon 81% less
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IDFC FIRST Bank Senior Associate Salary

2 - 8 years exp. (37 salaries)

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₹2 L/yr - ₹6.3 L/yr

arrow icon 68% less
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State Street Bank Senior Associate Salary

2 - 9 years exp. (35 salaries)

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₹3.9 L/yr - ₹9.5 L/yr

arrow icon 61% less
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Kotak Mahindra Bank Senior Associate Salary

1 - 6 years exp. (25 salaries)

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₹1.5 L/yr - ₹3.9 L/yr

arrow icon 78% less
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Deutsche Bank Senior Associate Salary

4 - 10 years exp. (24 salaries)

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₹8 L/yr - ₹27 L/yr

arrow icon 40% more
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HDFC Bank Senior Associate Salary

2 - 8 years exp. (9 salaries)

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₹2.2 L/yr - ₹10.7 L/yr

arrow icon 55% less
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Yes Bank Senior Associate Salary

3 - 9 years exp. (8 salaries)

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₹2.7 L/yr - ₹7 L/yr

arrow icon 69% less
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IndusInd Bank Senior Associate Salary

2 - 8 years exp. (5 salaries)

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₹2.5 L/yr - ₹12 L/yr

arrow icon 44% less
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₹7.2 L/yr - ₹20 L/yr

arrow icon 10% less
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Standard Chartered Senior Associate Salary

4 - 8 years exp. (5 salaries)

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₹5 L/yr - ₹7.6 L/yr

arrow icon 54% less
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Barclays Senior Associate Salary

3 - 7 years exp. (4 salaries)

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₹3.5 L/yr - ₹13 L/yr

arrow icon 34% less
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Axis Bank Senior Associate Salary

2 - 7 years exp. (4 salaries)

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₹1.9 L/yr - ₹4.9 L/yr

arrow icon 75% less
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Bank of America Senior Associate Salary

3 - 7 years exp. (3 salaries)

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₹4.5 L/yr - ₹5.2 L/yr

arrow icon 64% less
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Chase Bank Senior Associate Salary

9 - 11 years exp. (3 salaries)

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₹18.5 L/yr - ₹21.5 L/yr

arrow icon 43% more
Senior Associate salary at NatWest Group ranges between ₹6.7 Lakhs to ₹18.9 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of NatWest Group.

Latest annual salaries shared by NatWest Group Senior Associate in Mumbai

1w ago
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8 years exp.
11mo ago
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5 years exp.

Experience wise NatWest Group Senior Associate salaries in Mumbai

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹9.4 L/yr - ₹12 L/yr
6 years (AmbitionBox Estimate)

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₹10.3 L/yr - ₹13.2 L/yr
7 years (AmbitionBox Estimate)

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₹11.3 L/yr - ₹14.4 L/yr
8 years (AmbitionBox Estimate)

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₹12.2 L/yr - ₹15.6 L/yr
9 years (AmbitionBox Estimate)

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₹13.2 L/yr - ₹16.8 L/yr
View all
NatWest Group Senior Associate Salary and Career Growth

From

To

Senior Associate

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2 - 13 years exp.

Assistant Vice President

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10 - 19 years exp.

From

To

Senior Associate

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2 - 13 years exp.

Director

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16 - 24 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in NatWest Group

Team Lead Salary
(7 salaries)
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₹5.4 L/yr - ₹16.34 L/yr

Top skills at NatWest Group for Senior Associate

Investment Banking Operations Regulatory Reporting Equity Document Control Management Trade Manual Process Documentation Process Management Data Analysis Data Quality Liquidity Management Data Management Market Risk Management Trading

Salary related reviews for NatWest Group

5.0

Rated by 3 employees for salary & benefits

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.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 20 Dec 2023

2.0
 for  Salary and Benefits

Likes

...ple work, no higher risks and accountability despite being in Banking Operation. Layers of scrutiny and focus on hugely learning & development of an employee rather than their salary and other payables

read more
  • Skill development - Good
  • +1 more

Dislikes

...posit any sum deducted during my tenure with RBS at the Employee Provident Fund. The salary rise is very scant. They make you work long hours, no overtime and all. There are many projects happening there, the front level employees have to work but all the credit goes to the Manager or the Team Leader. The working hours are very long, very less breaks. Highly monitored environment. It's like being inside a military dome not in a cubicle. All-in-all, with less pay and less morale, one cannot stand long in this company. This company values perfection, but not employee's life.

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 09 Jun 2024

4.0
 for  Salary and Benefits

Likes

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

read more
  • 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.

read more
  • Skill development - Poor
  • +2 more

Full Time

 · 

Engineering - Software & QA Department

5.0
  •  posted on 02 Jun 2020

5.0
 for  Salary and Benefits

Likes

They are continuously chasing us to apply and take leaves to take rest and maintain work life balance. At this time if your company cares for your well being it deepens your trust and respect for your company.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Bonus policy must be changed.

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 19 Feb 2025

3.0
 for  Salary and Benefits

Likes

...partments. 3. Work environment and primises are also at very great condition. 4. Salary will always credit at time or before it.

read more
  • Skill development - Good
  • +4 more

Dislikes

1. I have worked in many departments all are so good but the Portfolio department of the company that have just Indian managers and laeders have extreme work pressure, great retention rate, micromanagement, office politics and the overall work environment is very toxic. 2. Just look for which department you're going to work for. Otherwise, the company is literally awesome.

read more
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NatWest Group Senior Associate Salary FAQs

What is the salary of Senior Associate at NatWest Group in Mumbai?
The average salary of a Senior Associate at NatWest Group in Mumbai typically ranges from ₹6.7 Lakhs to ₹18.9 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Senior Associate in Mumbai at NatWest Group earn more than ₹27.3 Lakhs per year, and the top 1% earn over ₹28.0 Lakhs per year. Senior Associate 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 6 NatWest Group employees in India.
What is the estimated take home salary of a Senior Associate at NatWest Group in Mumbai?
The estimated take-home salary of a Senior Associate at NatWest Group in Mumbai typically ranges from ₹92,205 to ₹94,675 per month. This is based on the average salary range of ₹6.7 Lakhs to ₹18.9 Lakhs per year for employees with experience ranging from 5 years to 10 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 NatWest Group. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Senior Associate at NatWest Group in Mumbai?
To be a Senior Associate at NatWest Group in Mumbai, the key skills required include:

  • - Investment Banking Operations
  • - Regulatory Reporting
  • - Equity
  • - Document Control
  • - Management

These skills are highly valued at NatWest Group and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than NatWest Group for Senior Associate in India?
Chase Bank ₹18.5 Lakhs to ₹21.5 Lakhs per year
Deutsche Bank ₹8.0 Lakhs to ₹27.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by NatWest Group, depending on the role and experience level.
What is the salary of a Senior Associate in companies similar to NatWest Group in Mumbai?
The salary of a Senior Associate at companies similar to NatWest Group in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HSBC Global Banking and Markets ₹7.2 Lakhs to ₹20.0 Lakhs per year
Barclays ₹3.5 Lakhs to ₹13.0 Lakhs per year
IndusInd Bank ₹2.5 Lakhs to ₹12.0 Lakhs per year
Standard Chartered ₹5.0 Lakhs to ₹7.6 Lakhs per year
HDFC Bank ₹2.2 Lakhs to ₹10.7 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 Senior Associate at NatWest Group in Mumbai?
The salary growth for a Senior Associate at NatWest Group in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Associate in Mumbai can expect the following growth trajectory at NatWest Group:

Experience Average Salary Range
5 years ₹9.4 Lakhs to ₹12.0 Lakhs per year
6 years ₹10.3 Lakhs to ₹13.2 Lakhs per year
7 years ₹11.3 Lakhs to ₹14.4 Lakhs per year
8 years ₹12.2 Lakhs to ₹15.6 Lakhs per year
and so on.

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NatWest Group Senior Associate salary in Mumbai ranges between ₹6.7 Lakhs to ₹18.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 NatWest Group latest salaries received from various employees of NatWest Group.