Sumitomo Mitsui Banking Corporation Mumbai Manager Salaries by 4 Employees

5 - 10 years exp.

₹14 Lakhs - ₹25 Lakhs

Salary of majority employees

16% more than the average Manager Salary in Financial Services Companies for 5 - 10 years of experience

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Last Updated: 13 Mar 2023

Companies similar to Sumitomo Mitsui Banking Corporation for Manager in Mumbai

Sumitomo Mitsui Banking Corporation Manager Salary

5 - 10 years exp. (4 salaries)

₹14 L/yr - ₹25 L/yr

Company name	Avg Annual Salary	Open Jobs
Morgan Stanley Manager Salary 3 - 12 years exp. (1k salaries)	₹10 L/yr - ₹35 L/yr 13% more
Citicorp Manager Salary 4 - 19 years exp. (965 salaries)	₹9.7 L/yr - ₹38 L/yr 16% more
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JPMorgan Chase & Co. Manager Salary 6 - 17 years exp. (386 salaries)	₹7 L/yr - ₹25.5 L/yr 16% less	2 job openings
BNP Paribas Manager Salary 8 - 17 years exp. (260 salaries)	₹9.3 L/yr - ₹35.6 L/yr 7% more
State Street Corporation Manager Salary 8 - 17 years exp. (115 salaries)	₹10 L/yr - ₹31 L/yr 11% less
Marsh McLennan Manager Salary 4 - 16 years exp. (101 salaries)	₹8.9 L/yr - ₹34.4 L/yr At par
UBS Manager Salary 8 - 15 years exp. (33 salaries)	₹9 L/yr - ₹24 L/yr 11% less
Travelex Manager Salary 6 - 14 years exp. (16 salaries)	₹15 L/yr - ₹28.4 L/yr 5% more
Morningstar Manager Salary 10 - 18 years exp. (14 salaries)	₹15.4 L/yr - ₹30 L/yr 32% more
Synchrony Manager Salary 2 - 8 years exp. (8 salaries)	₹9.3 L/yr - ₹18 L/yr 23% less
Duff & Phelps Manager Salary 7 - 11 years exp. (4 salaries)	₹11 L/yr - ₹14.5 L/yr 35% less
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Nomura Structured Finance Services Manager Salary 8 - 12 years exp. (4 salaries)	₹14 L/yr - ₹15.9 L/yr 21% less
Manappuram Home Finance Manager Salary 9 - 12 years exp. (3 salaries)	₹5.2 L/yr - ₹6.2 L/yr 73% less

Manager salary at Sumitomo Mitsui Banking Corporation ranges between ₹14 Lakhs to ₹25 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.

Experience wise Sumitomo Mitsui Banking Corporation Manager salaries in Mumbai

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
6 years (AmbitionBox Estimate)	₹17.8 L/yr - ₹22.8 L/yr
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7 years (AmbitionBox Estimate)	₹17.6 L/yr - ₹22.5 L/yr
8 years (AmbitionBox Estimate)	₹17.4 L/yr - ₹22.3 L/yr
9 years (AmbitionBox Estimate)	₹17.2 L/yr - ₹22 L/yr
10 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.8 L/yr

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From

Manager

3 - 14 years exp.

Assistant Vice President

6 - 16 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 Sumitomo Mitsui Banking Corporation

Assistant Vice President Salary

(10 salaries)

₹23 L/yr - ₹30 L/yr

Top skills at Sumitomo Mitsui Banking Corporation for Manager

IT Security Account Opening Enterprise Risk Business Strategy UAT

Salary related reviews for Sumitomo Mitsui Banking Corporation

Assistant Vice President in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 13 Apr 2019

3.0

for Salary and Benefits

Likes

Steady business and moderate work pressure. Work-Life balance. variable compensation is high even for support groups. Job security even if one doesn't perform.

Job security - Excellent

+1 more

Dislikes

Compensation not bench marked to performance. Performance is measured by hours in office not per-se the output. Low mobility. High office politics. You should be lucky if you get to work under strong leadership.

Promotions - Poor

+1 more

Senior Officer in Mumbai

Full Time

Human Resources Department

1.0

• posted on 27 Nov 2023

1.0

for Salary and Benefits

Likes

Nice office infrastructure

Dislikes

... Deep micro management Suffocates employees which is why having high attrition Very low salaries as per mkt Manager ask to work on sat sun compulsory

Salary - Bad

+6 more

Business Analyst in New Delhi

Full Time

Other Department

2.0

• posted on 09 Nov 2023

2.0

for Salary and Benefits

Likes

1. Job security - good place for people who don't want to do anything. You can sit, and enjoy free salary. 2. Training on how to massage people's ego

Job security - Excellent

Dislikes

1. No Growth opportunities 2. Technical handicap processes 3. Office politics 4. Few Indians making this Lalaji ki dukaan instead of Japanese MNC

Salary - Poor

+3 more

Analyst in New Delhi

Full Time

Finance & Accounting Department

2.0

• posted on 05 Feb 2023

2.0

for Salary and Benefits

Likes

Good learning opportunity for most of the part .

Dislikes

No specified working hour . Staff shortage lead to over burden on employee no additional compensation . TL will call you on you date off/ even on block leave .

Salary - Poor

+5 more

Vice President (VP) in Mumbai

Corporate Banking Department

1.0

• posted on 03 Aug 2022

2.0

for Salary and Benefits

Likes

Not much to like. Still following hybrid work policy so thats a positive.

Job security - Good

+1 more

Dislikes

...ted as 2nd class citizens. 2. Bureaucratic 3. No learning/ skill development 4. Poor salary hikes and appraisals 5. No transparency/ accountability

Salary - Poor

+4 more

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Sumitomo Mitsui Banking Corporation Manager Salary FAQs

What is the salary of Manager at Sumitomo Mitsui Banking Corporation in Mumbai?

The average salary of a Manager at Sumitomo Mitsui Banking Corporation in Mumbai typically ranges from ₹14.0 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Manager in Mumbai at Sumitomo Mitsui Banking Corporation earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Manager Salaries at Sumitomo Mitsui Banking Corporation 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 Sumitomo Mitsui Banking Corporation employees in India.

What is the estimated take home salary of a Manager at Sumitomo Mitsui Banking Corporation in Mumbai?

The estimated take-home salary of a Manager at Sumitomo Mitsui Banking Corporation in Mumbai typically ranges from ₹1,27,868 to ₹1,32,172 per month. This is based on the average salary range of ₹14.0 Lakhs to ₹25.0 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 4 salaries received from various employees of Sumitomo Mitsui Banking Corporation. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Manager at Sumitomo Mitsui Banking Corporation in Mumbai?

To be a Manager at Sumitomo Mitsui Banking Corporation in Mumbai, the key skills required include:

- IT Security
- Account Opening
- Enterprise Risk
- Business Strategy
- UAT

These skills are highly valued at Sumitomo Mitsui Banking Corporation and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Sumitomo Mitsui Banking Corporation for Manager in India?

Morningstar	₹15.4 Lakhs to ₹30.0 Lakhs per year
Citicorp	₹9.7 Lakhs to ₹38.0 Lakhs per year
Morgan Stanley	₹10.0 Lakhs to ₹35.0 Lakhs per year
BNP Paribas	₹9.3 Lakhs to ₹35.6 Lakhs per year
Travelex	₹15.0 Lakhs to ₹28.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Sumitomo Mitsui Banking Corporation, depending on the role and experience level.

What is the salary of a Manager in companies similar to Sumitomo Mitsui Banking Corporation in Mumbai?

The salary of a Manager at companies similar to Sumitomo Mitsui Banking Corporation in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Marsh McLennan	₹8.9 Lakhs to ₹34.4 Lakhs per year
State Street Corporation	₹10.0 Lakhs to ₹31.0 Lakhs per year
UBS	₹9.0 Lakhs to ₹24.0 Lakhs per year
JPMorgan Chase & Co.	₹7.0 Lakhs to ₹25.5 Lakhs per year
Nomura Structured Finance Services	₹14.0 Lakhs to ₹15.9 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 Manager at Sumitomo Mitsui Banking Corporation in Mumbai?

The salary growth for a Manager at Sumitomo Mitsui Banking Corporation in Mumbai depends on factors such as experience, performance, and promotions. On average, a Manager in Mumbai can expect the following growth trajectory at Sumitomo Mitsui Banking Corporation:

Experience	Average Salary Range
5 years	₹18.0 Lakhs to ₹23.0 Lakhs per year
6 years	₹17.8 Lakhs to ₹22.8 Lakhs per year
7 years	₹17.6 Lakhs to ₹22.5 Lakhs per year
8 years	₹17.4 Lakhs to ₹22.3 Lakhs per year

and so on.

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Sumitomo Mitsui Banking Corporation Manager Salaries in Mumbai

Sumitomo Mitsui Banking Corporation Manager salary in Mumbai ranges between ₹14 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Sumitomo Mitsui Banking Corporation latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.