Nuvama Wealth Management Mumbai Risk Management & Compliance Salaries by 5 Employees (Updated 2025)

Designation	Avg Annual Salary	Open Jobs
Assistant Vice President 10 - 12 years exp. · Mumbai (AmbitionBox Estimate)	₹13 L/yr - ₹20 L/yr
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Compliance Associate 6 years exp. · Mumbai (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
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Associate Director Risk Management 18 years exp. · Mumbai (AmbitionBox Estimate)	₹35.1 L/yr - ₹44.9 L/yr
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Head Operational Risk 20 years exp. · Mumbai (AmbitionBox Estimate)	₹31.5 L/yr - ₹40.2 L/yr
Starting your career? Discover Nuvama Wealth Management fresher salaries in India

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Salary related reviews for Nuvama Wealth Management

5.0

Rated by 1 employees for salary & benefits

Chief Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 26 Jun 2024

4.0

for Salary and Benefits

Likes

Relaxed environment, Work life balance, Timely Salary.

Dislikes

No learning curve, high deviation in job description and actual job, Under utilised resources, Poor allocation of work, High dependency on select resources, Zero processes, Poor team management, Zero collaborative approach.

Vice President Sales in Mumbai

Full Time

Food, Beverage & Hospitality Department

1.0

• posted on 29 Aug 2024

1.0

for Salary and Benefits

Likes

Worst Manager are Nikhil Bhanushali and Ninesh ghantara. Pathetic and biased to selected few who they promote and support. Remaining are treated as labourers. Never join this organisation.

Dislikes

Everything. Worst culture. Politics. No learning and no growth.

Assistant Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 07 Apr 2024

1.0

for Salary and Benefits

Likes

If you are looking to learn more about the financial products, it's a good firm to teach you about them. Fixed office hours, no calls after office hours are done.

Dislikes

- The leadership has been stagnant and there is only little growth in the organisation. - HR does not favour you at all they only favour the leadership. - The leadership are like goons who have no trust on their employees. - The company has no data to give or work on. - The company lacks in services for their clients. - No guidance by the managers, they expect you to know everything already.

Wealth Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 01 Jun 2023

1.0

for Salary and Benefits

Likes

I don't have any likes about this organization

Dislikes

They don't have any business development strategy and worst sales process. There is no career growth, worst KRA policy as you can not make extra money and no appraisals after many years,worst senior management thoughts they are comparing you with animals like parrot, chameleon, tortoise etc. Overall if you have time and options so better to wait and join right brand with right mentor for your career growth and work life balance. Note - Mr. LC will say everything is positive but when you join it's totally negative and worst work environment

Assistant Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 17 Oct 2023

5.0

for Salary and Benefits

Likes

Friendly colleagues, unbiased HR, knowledgeable seniors. I have worked with Nuvama with good 4 yrs. Culture is very friendly here. Smart formals are allowed.

Dislikes

Extended working hours is the only thing which I disliked

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Nuvama Wealth Management interview questions by designations

Relationship Manager (4)Wealth Manager (3)Student Intern (1)VRM (1)

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Know more about Nuvama Wealth Management Mumbai

Nuvama Wealth Management Salary FAQs

How much does Nuvama Wealth Management pay per year?

The average Nuvama Wealth Management salary ranges from approximately ₹3.2 Lakhs to ₹4.5 Lakhs per year for a Preferred Relationship Manager and ₹30 Lakhs to ₹63.8 Lakhs per year for a Associate Director. Salary estimates are based on 5 Nuvama Wealth Management salaries received from various employees of Nuvama Wealth Management. Nuvama Wealth Management employees rate the overall salary and benefits package 5.0/5 stars.

What is the highest salary in Nuvama Wealth Management?

The highest-paying job at Nuvama Wealth Management is a Associate Director with a salary of ₹30 Lakhs to ₹63.8 Lakhs per year. The top 10% of employees earn more than ₹30 lakhs per year. The top 1% earn more than a whopping ₹81.31 lakhs per year.

What is the minimum salary in Nuvama Wealth Management?

Minimum salary at Nuvama Wealth Management depends on the role you are applying for. For Wealth Manager the minimum salary is ₹3.2 Lakhs to ₹7 Lakhs per year, and for Relationship Manager the minimum salary is ₹4.3 Lakhs to ₹8 Lakhs per year and so on.

What is the salary package for freshers in Nuvama Wealth Management?

The average salary at Nuvama Wealth Management for freshers is ₹4.8 Lakhs per year for Relationship Manager.

What is the notice period at Nuvama Wealth Management in Risk Management & Compliance Department in Mumbai?

According to AmbitionBox, 100% of the Nuvama Wealth Management employees in Risk Management & Compliance Department in Mumbai reported a notice period of 3 Months.This is based on 7 responses on AmbitionBox in last 2 years.

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Average annual salary in Risk Management & Compliance department at Nuvama Wealth Management , Mumbai is INR . Salary estimates are based on 5 Nuvama Wealth Management latest salaries received from various employees of Nuvama Wealth Management.