Vistra ITCL Mumbai Senior Associate Salaries by 10 Employees

4 - 7 years exp.

₹3.5 Lakhs - ₹6.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

52% less than the average Senior Associate Salary in Financial Services Companies for 4 - 7 years of experience

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Last Updated: 20 Sep 2024

Companies similar to Vistra ITCL for Senior Associate in Mumbai

Vistra ITCL Senior Associate Salary

4 - 7 years exp. (10 salaries)

₹3.5 L/yr - ₹6.5 L/yr

Company name	Avg Annual Salary	Open Jobs
BNP Paribas Senior Associate Salary 1 - 11 years exp. (868 salaries)	₹4 L/yr - ₹15 L/yr 80% more
Morgan Stanley Senior Associate Salary 0 - 8 years exp. (795 salaries)	₹7 L/yr - ₹28.5 L/yr 226% more
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State Street Syntel Senior Associate Salary 3 - 8 years exp. (739 salaries)	₹2 L/yr - ₹7.6 L/yr 9% less
JPMorgan Chase & Co. Senior Associate Salary 4 - 18 years exp. (604 salaries)	₹14.8 L/yr - ₹50 L/yr 524% more	12 job openings
State Street Corporation Senior Associate Salary 1 - 12 years exp. (368 salaries)	₹3.2 L/yr - ₹10.4 L/yr 28% more
Marsh McLennan Senior Associate Salary 3 - 9 years exp. (323 salaries)	₹3 L/yr - ₹6.6 L/yr 3% less
BNY Senior Associate Salary 1 - 14 years exp. (45 salaries)	₹11.3 L/yr - ₹25.5 L/yr 179% more	24 job openings
Citicorp Senior Associate Salary 2 - 9 years exp. (42 salaries)	₹4 L/yr - ₹13.9 L/yr 52% more
ICICI Securities Senior Associate Salary 1 - 10 years exp. (38 salaries)	₹10.4 L/yr - ₹37 L/yr 313% more
Edelweiss Senior Associate Salary 2 - 8 years exp. (31 salaries)	₹14.9 L/yr - ₹27.9 L/yr 216% more
UBS Senior Associate Salary 3 - 10 years exp. (25 salaries)	₹7.3 L/yr - ₹23.6 L/yr 170% more
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Xyz Company Senior Associate Salary 1 - 6 years exp. (19 salaries)	₹7.7 L/yr - ₹25 L/yr 235% more
HSBC Group Senior Associate Salary 1 - 7 years exp. (12 salaries)	₹5.2 L/yr - ₹15 L/yr 138% more
Northern Trust Senior Associate Salary 5 - 10 years exp. (7 salaries)	₹17.5 L/yr - ₹28.8 L/yr 307% more
Motilal Oswal Financial Services Senior Associate Salary 4 years exp. (5 salaries)	₹5.7 L/yr - ₹10 L/yr 23% more
Northern Trust Operating Services Senior Associate Salary 7 - 10 years exp. (4 salaries)	₹17.7 L/yr - ₹28 L/yr 254% more	2 job openings
N+A Senior Associate Salary 4 - 7 years exp. (3 salaries)	₹3.4 L/yr - ₹7 L/yr 2% less

Senior Associate salary at Vistra ITCL ranges between ₹3.5 Lakhs to ₹6.5 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 10 latest salaries received from various employees of Vistra ITCL.

Experience wise Vistra ITCL Senior Associate salaries in Mumbai

Last Updated: 20 Sep 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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6 years (4 salaries)	₹4 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr

Similar Designation salaries in Vistra ITCL

Senior Officer Salary

(13 salaries)

₹5.05 L/yr - ₹10 L/yr

Operations Executive Salary

(10 salaries)

₹2.25 L/yr - ₹4 L/yr

Assistant Vice President Salary

(4 salaries)

₹7 L/yr - ₹35.4 L/yr

Deputy Manager Salary

(4 salaries)

₹6 L/yr - ₹10.5 L/yr

Junior Associate Salary

(4 salaries)

₹3 L/yr - ₹3.3 L/yr

Assistant Director Salary

(3 salaries)

₹21 L/yr - ₹25 L/yr

Officer Salary

(3 salaries)

₹4.1 L/yr - ₹5.8 L/yr

Top skills at Vistra ITCL for Senior Associate

Ca Management Accounting Chartered Accountant US GAAP KYC Excel Aml ICWA Mba Finance Procedures MS Office Accounting Packages

Salary related reviews for Vistra ITCL

Compliance Associate in Mumbai

Full Time

Other Department

2.0

• posted on 14 Jul 2023

1.0

for Salary and Benefits

Likes

Only work life balance

Job security - Good

Dislikes

Avoid this company. In less salary they want to get all the work done. People will scream at you, when you don't do the work and insult you in team meeting Directors have no manners.

Salary - Bad

+2 more

Assistant Manager Operations in Mumbai BKC

Operations Department

1.0

• posted on 30 Jul 2021

3.0

for Salary and Benefits

Likes

Only good part is on time salary.

Dislikes

It was a nightmare working at Vistra ITCL BKC office. Only those who are thick skinned and have no self respect would be a cultural fit to this terrible company. Pathetic work culture as employees are not considered as human beings. You have to stretch everyday, the company rewards and encourage late sitting. If you come and leave on time, they consider you to be a bad employee and they are going to hate you. But If you come to office late and you sit till late even though you have put in some productive hours, you are a superb employee. That's the culture. They will try to make your work on weekends and most holidays. Very very difficult to get leaves. They will ask personal questions if you ask for a leave. And if you refuse to work on weekends, you are their target for hatred and absolutely rude behaviour. Not working on holidays is not an option. Most chances are your manager is thinking of you as a slave. Again that's the culture. This experience affected my mental health.

Skill development - Bad

+4 more

Manager in Mumbai

Full Time

Legal & Regulatory Department

4.0

• posted on 14 Aug 2023

3.0

for Salary and Benefits

Likes

Very good Leave Policy, Home loan subsidy and other perks like Cafeteria, Free Transportation from Stations to BKC Office, Mobile Bill reimbursement, Mediclaim, 30 Paid Leaves annually, every Weekend Off, Work from Home.

Job security - Excellent

+2 more

Dislikes

Head of Departments are not very supportive and often load you with extra responsibilities. In Spite of KRA defined at the beginning of each year, you are always asked to do extra work of other teams. Some employees are over burnden and some employees are having very less responsibilities.

Executive Accountant in Mumbai

Finance Department

2.0

• posted on 11 Apr 2018

3.0

for Salary and Benefits

Likes

The company is average. I somewhere feel i like nothing of this company as everything needs improvement here

Dislikes

No career growth. No proper higher authorities. They don't give a damn to whatever u do good for the company. Appraisal are just a sheet of paper which floats like a waste paper. No friendly environment, you feel caged. Pantry is dirty. No proper food. Office boys are king then us, as they are pets

Skill development - 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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Vistra ITCL Senior Associate Salary FAQs

What is the salary of Senior Associate at Vistra ITCL in Mumbai?

The average salary of a Senior Associate at Vistra ITCL in Mumbai typically ranges from ₹3.5 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Senior Associate in Mumbai at Vistra ITCL earn more than ₹6.3 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Senior Associate Salaries at Vistra ITCL 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 Vistra ITCL employees in India.

What is the estimated take home salary of a Senior Associate at Vistra ITCL in Mumbai?

The estimated take-home salary of a Senior Associate at Vistra ITCL in Mumbai typically ranges from ₹38,804 to ₹39,987 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 4 years to 7 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 Vistra ITCL. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Senior Associate at Vistra ITCL in Mumbai?

To be a Senior Associate at Vistra ITCL in Mumbai, the key skills required include:

- Ca
- Management Accounting
- Chartered Accountant
- US GAAP
- KYC

These skills are highly valued at Vistra ITCL and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Vistra ITCL for Senior Associate in India?

JPMorgan Chase & Co.	₹14.8 Lakhs to ₹50.0 Lakhs per year
ICICI Securities	₹10.4 Lakhs to ₹37.0 Lakhs per year
Northern Trust	₹17.5 Lakhs to ₹28.8 Lakhs per year
Northern Trust Operating Services	₹17.7 Lakhs to ₹28.0 Lakhs per year
Xyz Company	₹7.7 Lakhs to ₹25.0 Lakhs per year

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

What is the salary of a Senior Associate in companies similar to Vistra ITCL in Mumbai?

The salary of a Senior Associate at companies similar to Vistra ITCL in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Morgan Stanley	₹7.0 Lakhs to ₹28.5 Lakhs per year
Edelweiss	₹14.9 Lakhs to ₹27.9 Lakhs per year
BNY	₹11.3 Lakhs to ₹25.5 Lakhs per year
UBS	₹7.3 Lakhs to ₹23.6 Lakhs per year
HSBC Group	₹5.2 Lakhs to ₹15.0 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 Senior Associate at Vistra ITCL in Mumbai?

The salary growth for a Senior Associate at Vistra ITCL in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Associate in Mumbai can expect the following growth trajectory at Vistra ITCL:

Experience	Average Salary Range
4 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
5 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
6 years	₹4.0 Lakhs to ₹6.5 Lakhs per year
7 years	₹5.0 Lakhs to ₹6.3 Lakhs per year

and so on.

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Vistra ITCL Senior Associate Salaries in Mumbai

Vistra ITCL Senior Associate salary in Mumbai ranges between ₹3.5 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Vistra ITCL latest salaries received from various employees of Vistra ITCL.