Upload Button Icon Add office photos
filter salariesFilter salaries by

Union Bank of India Risk Manager salaries in India

Annual salary range
5 - 9 years exp.
₹10.3 Lakhs - ₹18.5 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

12% more than the average Risk Manager Salary in Banking Companies for 5 - 9 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Risk Manager Salary
5 - 9 years exp. (5 salaries)
unlock-blur

₹14.2 L/yr - ₹18.5 L/yr

Finance & Accounting
Risk Manager Salary
7 - 9 years exp. (3 salaries)
unlock-blur

₹10.3 L/yr - ₹14.5 L/yr

Risk Management & Compliance
Risk Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
unlock-blur

₹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
Logo
State Bank of India Risk Manager Salary

5 - 11 years exp. (7 salaries)

unlock blur

₹16.5 L/yr - ₹27 L/yr

arrow icon 33% more
Logo
ICICI Bank Risk Manager Salary

0 - 10 years exp. (63 salaries)

unlock blur

₹5.3 L/yr - ₹21.6 L/yr

arrow icon 8% less
Logo
HDFC Bank Risk Manager Salary

1 - 10 years exp. (78 salaries)

unlock blur

₹3.8 L/yr - ₹14.7 L/yr

arrow icon 36% less
Logo
Axis Bank Risk Manager Salary

1 - 17 years exp. (33 salaries)

unlock blur

₹5.4 L/yr - ₹20 L/yr

arrow icon 9% less
Logo
Punjab National Bank Risk Manager Salary

2 - 8 years exp. (15 salaries)

unlock blur

₹10 L/yr - ₹18 L/yr

arrow icon 4% more
Logo
Canara Bank Risk Manager Salary

4 - 13 years exp. (18 salaries)

unlock blur

₹12 L/yr - ₹34 L/yr

arrow icon 41% more
Logo
Kotak Mahindra Bank Risk Manager Salary

0 - 17 years exp. (19 salaries)

unlock blur

₹4.2 L/yr - ₹12.5 L/yr

arrow icon 39% less
Logo
IndusInd Bank Risk Manager Salary

9 - 17 years exp. (7 salaries)

unlock blur

₹7.1 L/yr - ₹11.5 L/yr

arrow icon 36% less
Logo
Yes Bank Risk Manager Salary

1 - 12 years exp. (87 salaries)

unlock blur

₹6 L/yr - ₹19 L/yr

arrow icon 25% less
Logo
IDFC FIRST Bank Risk Manager Salary

0 - 4 years exp. (53 salaries)

unlock blur

₹7.5 L/yr - ₹24 L/yr

arrow icon 32% more
Logo
Standard Chartered Risk Manager Salary

7 - 17 years exp. (25 salaries)

unlock blur

₹8.6 L/yr - ₹30 L/yr

arrow icon 48% more
Logo
Barclays Risk Manager Salary

4 - 13 years exp. (17 salaries)

unlock blur

₹11 L/yr - ₹24 L/yr

arrow icon 23% more
Logo
NatWest Group Risk Manager Salary

6 - 17 years exp. (12 salaries)

unlock blur

₹11.6 L/yr - ₹38 L/yr

arrow icon 54% more
Logo
Central Bank of India Risk Manager Salary

3 - 11 years exp. (11 salaries)

unlock blur

₹12 L/yr - ₹18.4 L/yr

arrow icon 8% more
Logo
Indian Bank Risk Manager Salary

5 - 9 years exp. (8 salaries)

unlock blur

₹12 L/yr - ₹20 L/yr

arrow icon 9% more
Logo
Sberbank Branch in India Risk Manager Salary

3 - 6 years exp. (6 salaries)

unlock blur

₹19.2 L/yr - ₹27.7 L/yr

arrow icon 56% more
Logo
Bandhan Bank Risk Manager Salary

5 - 13 years exp. (5 salaries)

unlock blur

₹5.2 L/yr - ₹15 L/yr

arrow icon 24% less
Logo
Bank of India Risk Manager Salary

7 - 12 years exp. (5 salaries)

unlock blur

₹15 L/yr - ₹24 L/yr

arrow icon 27% more
Logo
NatWest Markets Risk Manager Salary

1 - 10 years exp. (4 salaries)

unlock blur

₹15.9 L/yr - ₹20 L/yr

arrow icon 22% more
Logo
Bank of America Risk Manager Salary

1 - 6 years exp. (4 salaries)

unlock blur

₹16 L/yr - ₹22 L/yr

arrow icon 31% more
View all
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.

Latest annual salaries shared by Union Bank of India Risk Manager

10mo ago
avg blur mobile
8 years exp.
11mo ago
avg blur mobile
6 years exp.
1y ago
avg blur mobile
8 years exp.
1y ago
avg blur mobile
9 years exp.
1y ago
avg blur mobile
5 years exp.
1y ago
avg blur mobile
9 years exp.
1y ago
avg blur mobile
6 years exp.
1y ago
avg blur mobile
8 years exp.
1y ago
avg blur mobile
5 years exp.
1y ago
avg blur mobile
7 years exp.

Experience wise Union Bank of India Risk Manager salaries

Last Updated: 4 Mar 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

unlock blur

₹5.7 L/yr - ₹14.5 L/yr
6 years (AmbitionBox Estimate)

unlock blur

₹14.2 L/yr - ₹14.5 L/yr
7 years (AmbitionBox Estimate)

unlock blur

₹10.3 L/yr - ₹25.5 L/yr
8 years  (3 salaries)

unlock blur

₹12.3 L/yr - ₹18.5 L/yr
9 years (AmbitionBox Estimate)

unlock blur

₹14.2 L/yr - ₹14.5 L/yr

Similar Designation salaries in Union Bank of India

Finance Manager Salary
(AmbitionBox Estimate)
unlock blur
₹14.4 L/yr - ₹18.4 L/yr
Branch Manager Salary
(97 salaries)
unlock blur
₹7 L/yr - ₹24 L/yr
Deputy Manager Salary
(10 salaries)
unlock blur
₹9 L/yr - ₹16 L/yr
Team Lead Salary
(5 salaries)
unlock blur
₹2 L/yr - ₹4.65 L/yr
Accountant Salary
(6 salaries)
unlock blur
₹2 L/yr - ₹12 L/yr
Auditor Salary
(3 salaries)
unlock blur
₹1 L/yr - ₹3 L/yr
Senior Audit Manager Salary
(AmbitionBox Estimate)
unlock blur
₹13.6 L/yr - ₹17.4 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
unlock blur
₹10.8 L/yr - ₹13.8 L/yr
Audit Assistant Salary
(AmbitionBox Estimate)
unlock blur
₹0.9 L/yr - ₹1.2 L/yr
Internal Auditor Salary
(AmbitionBox Estimate)
unlock blur
₹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

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.

read more
  • 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 .

read more
  • Work satisfaction - Poor
  • +1 more

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.

read more
  • 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

read more

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.

read more
  • Salary - Poor
  • +5 more

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.

read more
  • Skill development - Poor
  • +2 more

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.

read more

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.

read more
  • Work satisfaction - Bad
  • +2 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Union Bank of India Risk Manager Salary FAQs

What is the salary of Risk Manager at Union Bank of India ?
The average salary of a Risk Manager at Union Bank of India in India typically ranges from ₹10.3 Lakhs to ₹18.5 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Risk Manager at Union Bank of India earn more than ₹16.5 Lakhs per year, and the top 1% earn over ₹18.5 Lakhs per year. Risk Manager Salaries at Union Bank of India 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 10 Union Bank of India employees in India.
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 in India typically ranges from ₹98,794 to ₹1,01,477 per month. This is based on the average salary range of ₹10.3 Lakhs to ₹18.5 Lakhs per year for employees with experience ranging from 5 years to 9 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 10 salaries received from various employees of Union Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Union Bank of India for Risk Manager in India?
Sberbank Branch in India ₹19.2 Lakhs to ₹27.7 Lakhs per year
NatWest Group ₹11.6 Lakhs to ₹38.0 Lakhs per year
Standard Chartered ₹8.6 Lakhs to ₹30.0 Lakhs per year
IDBI Bank ₹15.0 Lakhs to ₹37.4 Lakhs per year
Canara Bank ₹12.0 Lakhs to ₹34.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Union Bank of India, depending on the role and experience level.
What is the salary of a Risk Manager in companies similar to Union Bank of India in India?
The salary of a Risk Manager at companies similar to Union Bank of India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

State Bank of India ₹16.5 Lakhs to ₹27.0 Lakhs per year
IDFC FIRST Bank ₹7.5 Lakhs to ₹24.0 Lakhs per year
Bank of America ₹16.0 Lakhs to ₹22.0 Lakhs per year
Bank of India ₹15.0 Lakhs to ₹24.0 Lakhs per year
Barclays ₹11.0 Lakhs to ₹24.0 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 Risk Manager at Union Bank of India in India?
The salary growth for a Risk Manager at Union Bank of India depends on factors such as experience, performance, and promotions. On average, a Risk Manager can expect the following growth trajectory at Union Bank of India:

Experience Average Salary Range
5 years ₹5.7 Lakhs to ₹14.5 Lakhs per year
6 years ₹14.2 Lakhs to ₹14.5 Lakhs per year
7 years ₹10.3 Lakhs to ₹25.5 Lakhs per year
8 years ₹12.3 Lakhs to ₹18.5 Lakhs per year
and so on.

Tell us how to improve this page.

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