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Banking Branch Manager (Major Branch)
245,039 ر.س. (SAR)/yr
117.81 ر.س. (SAR)/hr
16,393 ر.س. (SAR)/yr
The average banking branch manager (major branch) gross salary in Riyadh, Saudi Arabia is 245,039 ر.س. or an equivalent hourly rate of 118 ر.س.. This is 7% higher (+15,699 ر.س.) than the average banking branch manager (major branch) salary in Saudi Arabia. In addition, they earn an average bonus of 16,393 ر.س.. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Riyadh, Saudi Arabia. An entry level banking branch manager (major branch) (1-3 years of experience) earns an average salary of 173,358 ر.س.. On the other end, a senior level banking branch manager (major branch) (8+ years of experience) earns an average salary of 305,382 ر.س..
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ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
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Salary Potential
278,323 ر.س. (SAR)
14 %
Based on our compensation data, the estimated salary potential for Banking Branch Manager (Major Branch) will increase 14 % over 5 years.
Most Popular Skills for Banking Branch Manager (Major Branch)
Education
This chart displays the highest level of education for:
Banking Branch Manager (Major Branch), the majority at 60% with bachelors.
Typical Field of Study: Banking and Financial Support Services
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Salary Difference by Location
Salary by Country
City Overview
The cost of living in Riyadh, Saudi Arabia is 24% more than the average cost of living in Saudi Arabia. Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.
View Cost of Living PageRiyadh (, Arabic: الرياض, romanized: 'ar-Riyāḍ, lit.: 'The Meadows' [ar.riˈjaːdˤ] Najdi pronunciation: [er.rɪˈjɑːðˤ]) is the capital and largest city of Saudi Arabia. It is also the capital of the Riyadh Province and the centre of the Riyadh Governorate. The current form of the metropolis emerged as an offshoot of the eponymous walled town following the dismantling of its defensive fortifications in the 1950s, after which the city underwent several phases of expansion and urbanization. It is the...
Sourced from Wikipedia
Job Description
Manages branch of financial institution, such as commercial bank, credit union, finance company, mortgage company, savings bank, or trust company. Directs and coordinates activities to implement institution policies, procedures, and practices concerning granting or extending lines of credit, commercial loans, real estate loans, and consumer credit loans. Directs, through subordinate supervisors, activities of workers engaged in implementing establishment services and... performing such functions as collecting delinquent accounts, authorizing loans, or opening savings account. The Branch Manager (Major Branch) is distinguished from the Branch Manager (Minor Branch) as the position requires more experience, supervises a larger staff, and is a larger volume branch bank.
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Disclaimer
This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.
Professionals should subscribe to SalaryExpert’s Assessor Platform.
ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Most Popular Skills for Banking Branch Manager (Major Branch)
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