Union Bank of India Risk Manager Salaries by 10 Employees (Updated 2025)

5 - 9 years exp.

₹10.3 Lakhs - ₹18.5 Lakhs

Low Confidence

Salary of majority employees

15% more than the average Risk Manager Salary in Banking Companies for 5 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Risk Manager Salary 5 - 9 years exp. (5 salaries)	₹14.2 L/yr - ₹18.5 L/yr
Finance & Accounting Risk Manager Salary 7 - 9 years exp. (3 salaries)	₹10.3 L/yr - ₹14.5 L/yr
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Risk Management & Compliance Risk Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹14.2 L/yr - ₹14.5 L/yr

Last Updated: 4 Mar 2024

Companies similar to Union Bank of India for Risk Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Risk Manager Salary 5 - 11 years exp. (7 salaries)	₹16.5 L/yr - ₹27 L/yr 33% more
ICICI Bank Risk Manager Salary 0 - 10 years exp. (64 salaries)	₹5 L/yr - ₹20 L/yr 13% less
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HDFC Bank Risk Manager Salary 1 - 10 years exp. (77 salaries)	₹3.8 L/yr - ₹14.9 L/yr 37% less
Axis Bank Risk Manager Salary 1 - 17 years exp. (33 salaries)	₹5.4 L/yr - ₹20 L/yr 9% less
Punjab National Bank Risk Manager Salary 2 - 8 years exp. (14 salaries)	₹10 L/yr - ₹18 L/yr 1% more
Canara Bank Risk Manager Salary 4 - 13 years exp. (18 salaries)	₹12 L/yr - ₹34 L/yr 41% more
Kotak Mahindra Bank Risk Manager Salary 0 - 17 years exp. (19 salaries)	₹4.2 L/yr - ₹12.5 L/yr 39% less
IndusInd Bank Risk Manager Salary 9 - 17 years exp. (7 salaries)	₹7.1 L/yr - ₹11.5 L/yr 36% less
Yes Bank Risk Manager Salary 1 - 10 years exp. (83 salaries)	₹6 L/yr - ₹17.5 L/yr 30% less
IDFC FIRST Bank Risk Manager Salary 0 - 5 years exp. (54 salaries)	₹7.5 L/yr - ₹24 L/yr 20% more
Standard Chartered Risk Manager Salary 10 - 17 years exp. (18 salaries)	₹10 L/yr - ₹30 L/yr 40% more
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Barclays Risk Manager Salary 4 - 13 years exp. (17 salaries)	₹11 L/yr - ₹24 L/yr 21% more
NatWest Group Risk Manager Salary 6 - 17 years exp. (12 salaries)	₹11.6 L/yr - ₹38 L/yr 54% more
Central Bank of India Risk Manager Salary 3 - 11 years exp. (11 salaries)	₹12 L/yr - ₹18.4 L/yr 8% more
Indian Bank Risk Manager Salary 5 - 9 years exp. (8 salaries)	₹12 L/yr - ₹20 L/yr 9% more
Sberbank Branch in India Risk Manager Salary 3 - 6 years exp. (6 salaries)	₹19.2 L/yr - ₹27.7 L/yr 56% more
Bandhan Bank Risk Manager Salary 5 - 13 years exp. (5 salaries)	₹5.2 L/yr - ₹15 L/yr 24% less
Bank of India Risk Manager Salary 7 - 12 years exp. (5 salaries)	₹15 L/yr - ₹24 L/yr 27% more
NatWest Markets Risk Manager Salary 1 - 10 years exp. (4 salaries)	₹15.9 L/yr - ₹20 L/yr 22% more
Bank of America Risk Manager Salary 1 - 6 years exp. (4 salaries)	₹16 L/yr - ₹22 L/yr 31% more

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Risk Manager salary at Union Bank of India ranges between ₹10.3 Lakhs to ₹18.5 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 10 latest salaries received from various employees of Union Bank of India.

Experience wise Union Bank of India Risk Manager salaries

Last Updated: 4 Mar 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹14.5 L/yr
6 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹14.5 L/yr
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7 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹25.5 L/yr
8 years (3 salaries)	₹12.3 L/yr - ₹18.5 L/yr
9 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹14.5 L/yr

Similar Designation salaries in Union Bank of India

Finance Manager Salary

(AmbitionBox Estimate)

₹13.1 L/yr - ₹16.7 L/yr

Branch Manager Salary

(99 salaries)

₹6 L/yr - ₹24 L/yr

Deputy Manager Salary

(10 salaries)

₹9 L/yr - ₹16 L/yr

Team Lead Salary

(5 salaries)

₹2 L/yr - ₹4.65 L/yr

Accountant Salary

(6 salaries)

₹2 L/yr - ₹12 L/yr

Auditor Salary

(3 salaries)

₹1 L/yr - ₹3 L/yr

Senior Audit Manager Salary

(AmbitionBox Estimate)

₹13.6 L/yr - ₹17.4 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Audit Assistant Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Internal Auditor Salary

(AmbitionBox Estimate)

₹8.8 L/yr - ₹11.3 L/yr

Salary related reviews for Union Bank of India

3.0

Rated by 1 employees for salary & benefits

Branch Manager in Rajahmundry

BFSI, Investments & Trading Department

3.0

• posted on 07 Jan 2019

3.0

for Salary and Benefits

Likes

The company allows you fast new challenges every time and you need to completely learn accordingly. We will have good respect in the society.

Job security - Excellent

+1 more

Dislikes

Growth is fast but the pressure increase multiple times and salary wil be increased very slow. Most of the things are to be managed by one person only and no one will be supporting them . Though few are experienced and highly skilled ,they won't have time to train subordinates .

Work satisfaction - Poor

+1 more

Chief Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 23 Jan 2025

3.0

for Salary and Benefits

Likes

...ork at various departments and locations. Good staff training facility is there. Salary is good.

Skill development - Good

+3 more

Dislikes

Promotions are limited and salary is not as per Market. Beyond few years we can't stay in one zone which hampers education of kids

Assistant Manager in Bangalore / Bengaluru

Full Time

Other Department

1.0

• posted on 14 Nov 2024

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

...or each others, no work life balance, very old system, very old infra structure. Salary is less compared to corporate, manager and others will behave like there the owners of the bank.

Salary - Poor

+5 more

Manager in Tiruchirappalli

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 11 Jun 2024

4.0

for Salary and Benefits

Likes

Working with lots of coworkers. Sufficient salary.

Salary - Good

+1 more

Dislikes

Time taken by the respective department to respond to the field functionary’s concern. No real solutions arrived through discussion. Keeping important things pending.

Skill development - Poor

+2 more

Assistant Manager in Guwahati

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 01 Jul 2024

3.0

for Salary and Benefits

Likes

The Pay is Okay but not at par with other Government jobs. Bank Management and Bank Unions control the Banks Operations. Chaploosis are always favoured by Management and Unions. So becoming a Chaploos is the main skill needed to survive here.

Dislikes

Bank Management pressurizes staff to achieve unrealistic targets. Officers are humiliated in regular Video Conferences. Many Officers have committed suicides in the last FY. Officers can be transferred anywhere in India and Management doesn't care about staffs families.

Work satisfaction - Bad

+2 more

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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Union Bank of India Risk Manager Salary FAQs

What is the salary of Risk Manager at Union Bank of India?

Risk Manager salary at Union Bank of India in India ranges between ₹10.3 Lakhs to ₹18.5 Lakhs for experience between 5 years to 9 years. According to our estimates it is 15% more than the average Risk Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Union Bank of India India.

How does the salary of a Risk Manager at Union Bank of India India compare with the average salary range for this job?

The average salary of a Risk Manager at Union Bank of India is 15% more than the average salary of a Risk Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Union Bank of India to a Risk Manager in India?

Sberbank Branch in India Risk Manager Salary - ₹19.2 Lakhs to ₹27.7 Lakhs per year
NatWest Group Risk Manager Salary - ₹11.6 Lakhs to ₹38.0 Lakhs per year
IDBI Bank Risk Manager Salary - ₹15.0 Lakhs to ₹37.4 Lakhs per year
Canara Bank Risk Manager Salary - ₹12.0 Lakhs to ₹34.0 Lakhs per year
Standard Chartered Risk Manager Salary - ₹10.0 Lakhs to ₹30.0 Lakhs per year

What is the salary of a Risk Manager in companies similar to Union Bank of India in India?

State Bank of India Risk Manager Salary - ₹16.5 Lakhs to ₹27.0 Lakhs per year
Bank of America Risk Manager Salary - ₹16.0 Lakhs to ₹22.0 Lakhs per year
Bank of India Risk Manager Salary - ₹15.0 Lakhs to ₹24.0 Lakhs per year
NatWest Markets Risk Manager Salary - ₹15.9 Lakhs to ₹20.0 Lakhs per year
Barclays Risk Manager Salary - ₹11.0 Lakhs to ₹24.0 Lakhs per year

What is the estimated take home salary of a Risk Manager at Union Bank of India in India?

The estimated take-home salary of a Risk Manager at Union Bank of India ranges between ₹98,794 per month to ₹1,01,477 per month in India. The take-home salary calculation is based on the average Union Bank of India Risk Manager salary in India which ranges between ₹10.3 Lakhs to ₹18.5 Lakhs per year for employees with experience between 5 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Risk Manager at Union Bank of India?

According to AmbitionBox, 100% of the Union Bank of India Risk Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Union Bank of India Risk Manager Salaries

Union Bank of India Risk Manager salary in India ranges between ₹10.3 Lakhs to ₹18.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Union Bank of India latest salaries received from various employees of Union Bank of India.