What is the Salary of Asset Management of HSBC GLT India?

The average yearly salary at HSBC Global Asset Management in India is around ₹14.5 lakhs. Here's what they generally pay at different job levels:

• Associate Vice President: With 10 to 20 years of experience, about ₹21.7 lakhs per year.
• Assistant Vice President: For 7 to 16 years of experience, approximately ₹30.4 lakhs annually.
• AVP: With 8 to 15 years of experience, around ₹29.2 lakhs per year.
• Analyst: For 0 to 4 years of experience, about ₹4.5 lakhs yearly.
• Operations Manager: With 6 to 16 years of experience, roughly ₹12.9 lakhs per year.
• Branch Head: For 6 to 10 years of experience, approximately ₹9 lakhs annually.
• Financial Analyst: With 3 to 5 years of experience, around ₹5.9 lakhs per year.
• Fund Accountant: For 1 to 6 years of experience, about ₹5.9 lakhs yearly.
• Senior Associate: With 6 to 13 years of experience, approximately ₹4.2 lakhs per year.
• Relationship Manager: For 3 to 8 years of experience, roughly ₹6.6 lakhs annually.

Here are some additional perks that HSBC Global Asset Management in India might provide to its Asset Management division employees:

• Housing Assistance: You might receive help with accommodation costs through allowances or support for rent or home loan interest payments.
• Transportation Allowances: You could get assistance with commuting expenses, covering things like fuel costs, public transport fares, or even access to a company vehicle.
• Wellness Programs: HSBC may offer wellness initiatives to support your health and well-being, such as gym memberships, health check-ups, mental health support, and stress management workshops.

Roles and responsibilities associated with Asset Management:

• Asset Engineer:
  • Works closely with teams to identify and utilize reusable assets efficiently.
  • Develops, maintains, and retires assets as necessary. This role is sometimes called a "reuse engineer."
• Asset Manager:
  • Oversees the acquisition and utilization of assets within the organization.
  • Collaborates with stakeholders to ensure assets are used effectively.
  • Monitors asset performance, evaluates risks, and makes decisions on asset allocation and optimization.
• Specific Responsibilities of Asset Managers:
  • Client Portfolio Management: Creates and manages client portfolios based on their financial goals and risk tolerance.
  • Risk Assessment: Conducts regular risk analyses to evaluate asset performance and potential risks.
  • Financial Reporting: Prepares detailed financial and investment reports to keep clients informed.
  • Strategic Guidance: Offers strategic advice to clients considering market conditions and investment trends.
  • Client Communication: Maintains regular communication with clients, addressing portfolio changes and concerns.