Northern Arc Capital Chennai Associate Vice President Salaries by 4 Employees

5 - 11 years exp.

₹16 Lakhs - ₹28 Lakhs

Avg. annual salary

Monthly In-hand Salary

18% less than the average Associate Vice President Salary in Financial Services Companies for 5 - 11 years of experience

Interested in this particular role? 1 job opening

Last Updated: 25 Dec 2024

Companies similar to Northern Arc Capital for Associate Vice President in Chennai

Northern Arc Capital Associate Vice President Salary

5 - 11 years exp. (4 salaries)

₹16 L/yr - ₹28 L/yr

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Associate Vice President Salary 11 - 23 years exp. (270 salaries)	₹21.5 L/yr - ₹60 L/yr 50% more
NatWest Group Associate Vice President Salary 9 - 19 years exp. (89 salaries)	₹12 L/yr - ₹38.7 L/yr 5% more
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Citicorp Associate Vice President Salary 9 - 17 years exp. (76 salaries)	₹19.5 L/yr - ₹42 L/yr 45% more
Kotak Mahindra Bank Associate Vice President Salary 6 - 21 years exp. (48 salaries)	₹12 L/yr - ₹32.9 L/yr 21% less
Barclays Shared Services Associate Vice President Salary 9 - 16 years exp. (32 salaries)	₹19.7 L/yr - ₹39.8 L/yr 30% more

Associate Vice President salary at Northern Arc Capital ranges between ₹16 Lakhs to ₹28 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Northern Arc Capital.

Experience wise Northern Arc Capital Associate Vice President salaries in Chennai

Last Updated: 25 Dec 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹21.1 L/yr - ₹27 L/yr
6 years (AmbitionBox Estimate)	₹21.4 L/yr - ₹27.4 L/yr
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7 years (AmbitionBox Estimate)	₹21.8 L/yr - ₹27.8 L/yr
8 years (AmbitionBox Estimate)	₹22.1 L/yr - ₹28.2 L/yr
9 years (AmbitionBox Estimate)	₹22.4 L/yr - ₹28.6 L/yr
10 years (AmbitionBox Estimate)	₹22.7 L/yr - ₹29 L/yr
11 years (AmbitionBox Estimate)	₹23 L/yr - ₹29.4 L/yr

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Similar Designation salaries in Northern Arc Capital

Senior Associate Salary

(35 salaries)

₹5.5 L/yr - ₹18 L/yr

Senior Software Engineer Salary

(3 salaries)

₹18.6 L/yr - ₹29.9 L/yr

Top skills at Northern Arc Capital for Associate Vice President

Credit Analysis Credit Risk CFA Structured Finance Banking Financial Analysis Risk Management Accounting mba Excel Operations Financial Modelling structured products Wholesale banking Corporate Credit

Salary related reviews for Northern Arc Capital

Associate in Chennai

Full Time

Project & Program Management Department

1.0

• posted on 09 Jun 2023

1.0

for Salary and Benefits

Likes

You realise everything they do is cheat you by not giving you Variable pay you deserve after you have put 12-13 hours everyday. This would be the worst company one could ever work. Don't make this mistake of joining here. Worst and toxic

Dislikes

No Variable pay No Gifts for any festivals Leave policy is just for eye washing Toxic culture and management No motivation and encouragement You should consider this only incase you are not able to get any other opportunity in the entire country

Salary - Bad

+6 more

Relationship Manager in Vijayawada

Full Time

Sales & Business Development Department

5.0

• posted on 14 Apr 2024

4.0

for Salary and Benefits

Likes

Northern Arc Capital ltd gives a platform for gaining my strength and self confidence knowledge customer relationship management Dsa Handling and Handling pressure and l learn all of these things only in these company

Salary - Good

+6 more

Dislikes

None

Brach Operation Manager in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 10 Jan 2025

4.0

for Salary and Benefits

Likes

Company atmosphere is good. Everyone focused about their work. Many opportunities here to grown up and make a good respect in corporate.

Salary - Good

+4 more

Dislikes

I think there is only negative point here which was laziness of people but follow up of company is good

Intern in Chennai

Full Time

Risk Management & Compliance Department

1.0

• posted on 24 May 2023

1.0

for Salary and Benefits

Likes

They provide snacks for employees. Which they will stop soon.

Dislikes

Conservative people are flooded everywhere. As it portrays like mnc work culture but the truth is people are not happy and can be open here. Vertical hierarchy of decisions and difference of opinion. Stealing office supplies and blaming others. Lethargic behaviour of co workers and no proper senior directors for the team as it’s not even a known well company but still they open branches and waste investors money. Conventional and conservatism plays a major role in this company. Caste and religion are also plays an important role where people treat you based on your caste and religion . You’re not allowed to share your opinion and if you do you may be marked in the eyes of senior staffs where they will purposely insult you for everything . So I personally require no one to join the company unless you qualify for what i said above.

Salary - Bad

+6 more

Operations Associate in Chennai

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 16 Mar 2023

3.0

for Salary and Benefits

Likes

Work Culture, Interaction with various internal team, good chance to grow. Sense of job security.

Skill development - Good

+4 more

Dislikes

As a fast pace world, youngsters are very ambitious so they may find the appraisal and growth process slow.

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Salary Discussions, Hike & Promotions

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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Northern Arc Capital Associate Vice President Salary FAQs

What is the salary of Associate Vice President at Northern Arc Capital in Chennai?

The average salary of a Associate Vice President at Northern Arc Capital in Chennai typically ranges from ₹16.0 Lakhs to ₹28.0 Lakhs per year, depending on experience (from 5 years to 11 years).

The top 10% of Associate Vice President in Chennai at Northern Arc Capital earn more than ₹28.0 Lakhs per year, and the top 1% earn over ₹28.0 Lakhs per year. Associate Vice President Salaries at Northern Arc Capital 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 Northern Arc Capital employees in India.

What is the estimated take home salary of a Associate Vice President at Northern Arc Capital in Chennai?

The estimated take-home salary of a Associate Vice President at Northern Arc Capital in Chennai typically ranges from ₹1,54,906 to ₹1,60,773 per month. This is based on the average salary range of ₹16.0 Lakhs to ₹28.0 Lakhs per year for employees with experience ranging from 5 years to 11 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 Northern Arc Capital. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Associate Vice President at Northern Arc Capital in Chennai?

To be a Associate Vice President at Northern Arc Capital in Chennai, the key skills required include:

- Credit Analysis
- Credit Risk
- CFA
- Structured Finance
- Banking

These skills are highly valued at Northern Arc Capital and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Northern Arc Capital for Associate Vice President in India?

Standard Chartered	₹21.5 Lakhs to ₹60.0 Lakhs per year
Citicorp	₹19.5 Lakhs to ₹42.0 Lakhs per year
Barclays Shared Services	₹19.7 Lakhs to ₹39.8 Lakhs per year
NatWest Group	₹12.0 Lakhs to ₹38.7 Lakhs per year

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

What is the salary of a Associate Vice President in companies similar to Northern Arc Capital in Chennai?

The salary of a Associate Vice President at companies similar to Northern Arc Capital in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindra Bank

₹12.0 Lakhs to ₹32.9 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 Associate Vice President at Northern Arc Capital in Chennai?

The salary growth for a Associate Vice President at Northern Arc Capital in Chennai depends on factors such as experience, performance, and promotions. On average, a Associate Vice President in Chennai can expect the following growth trajectory at Northern Arc Capital:

Experience	Average Salary Range
5 years	₹21.1 Lakhs to ₹27.0 Lakhs per year
6 years	₹21.4 Lakhs to ₹27.4 Lakhs per year
7 years	₹21.8 Lakhs to ₹27.8 Lakhs per year
8 years	₹22.1 Lakhs to ₹28.2 Lakhs per year

and so on.

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Northern Arc Capital Associate Vice President Salaries in Chennai

Northern Arc Capital Associate Vice President salary in Chennai ranges between ₹16 Lakhs to ₹28 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Northern Arc Capital latest salaries received from various employees of Northern Arc Capital.