Sumitomo Mitsui Banking Corporation Senior Officer Operations Salaries by 4 Employees

2 - 6 years exp.

₹6 Lakhs - ₹7.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

53% more than the average Senior Officer Operations Salary in Financial Services Companies for 2 - 6 years of experience

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Last Updated: 13 Mar 2023

Companies similar to Sumitomo Mitsui Banking Corporation for Senior Officer Operations

Company name	Avg Annual Salary	Open Jobs
Wells Fargo Senior Officer Operations Salary 3 - 8 years exp. (6 salaries)	₹5 L/yr - ₹6 L/yr 15% less
Citicorp Senior Officer Operations Salary 2 - 5 years exp. (6 salaries)	₹5.4 L/yr - ₹7.2 L/yr 8% less
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BNP Paribas Senior Officer Operations Salary 8 - 10 years exp. (3 salaries)	₹8 L/yr - ₹8.5 L/yr 26% more
Vfs Global Services Senior Officer Operations Salary 0 - 8 years exp. (114 salaries)	₹1.2 L/yr - ₹6 L/yr 48% less
ICICI Bank Senior Officer Operations Salary 0 - 5 years exp. (51 salaries)	₹2.1 L/yr - ₹3.3 L/yr 56% less

Senior Officer Operations salary at Sumitomo Mitsui Banking Corporation ranges between ₹6 Lakhs to ₹7.2 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.

Experience wise Sumitomo Mitsui Banking Corporation Senior Officer Operations salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.8 L/yr
3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7 L/yr
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4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7.2 L/yr
5 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
6 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.9 L/yr

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Top skills at Sumitomo Mitsui Banking Corporation for Senior Officer Operations

Trade Finance Export LC Import

Salary related reviews for Sumitomo Mitsui Banking Corporation

2.0

Rated by 1 employees for salary & benefits

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

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

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

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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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Sumitomo Mitsui Banking Corporation Senior Officer Operations Salary FAQs

What is the salary of Senior Officer Operations at Sumitomo Mitsui Banking Corporation ?

The average salary of a Senior Officer Operations at Sumitomo Mitsui Banking Corporation in India typically ranges from ₹6.0 Lakhs to ₹7.2 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Senior Officer Operations at Sumitomo Mitsui Banking Corporation earn more than ₹7.2 Lakhs per year, and the top 1% earn over ₹7.2 Lakhs per year. Senior Officer Operations 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 Senior Officer Operations at Sumitomo Mitsui Banking Corporation in India?

The estimated take-home salary of a Senior Officer Operations at Sumitomo Mitsui Banking Corporation in India typically ranges from ₹50,361 to ₹51,550 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹7.2 Lakhs per year for employees with experience ranging from 2 years to 6 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 Senior Officer Operations at Sumitomo Mitsui Banking Corporation ?

To be a Senior Officer Operations at Sumitomo Mitsui Banking Corporation in india, the key skills required include:

- Trade Finance
- Export
- LC
- Import

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 Senior Officer Operations in India?

BNP Paribas

₹8.0 Lakhs to ₹8.5 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 Senior Officer Operations in companies similar to Sumitomo Mitsui Banking Corporation in India?

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

Citicorp	₹5.4 Lakhs to ₹7.2 Lakhs per year
Wells Fargo	₹5.0 Lakhs to ₹6.0 Lakhs per year
Vfs Global Services	₹1.2 Lakhs to ₹6.0 Lakhs per year
ICICI Bank	₹2.1 Lakhs to ₹3.3 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 Officer Operations at Sumitomo Mitsui Banking Corporation in India?

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

Experience	Average Salary Range
2 years	₹6.0 Lakhs to ₹11.8 Lakhs per year
3 years	₹2.6 Lakhs to ₹7.0 Lakhs per year
4 years	₹2.6 Lakhs to ₹7.2 Lakhs per year
5 years	₹6.0 Lakhs to ₹7.6 Lakhs per year

and so on.

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Sumitomo Mitsui Banking Corporation Senior Officer Operations Salaries

Sumitomo Mitsui Banking Corporation Senior Officer Operations salary in India ranges between ₹6 Lakhs to ₹7.2 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.