Commercial Banking Relationship Manager

12.486.437 ISK (ISK)/yr

6.003,09 ISK (ISK)/hr

895.278 ISK (ISK)/yr

The average commercial banking relationship manager gross salary in Iceland is 12.486.437 ISK or an equivalent hourly rate of 6.003 ISK. In addition, they earn an average bonus of 895.278 ISK. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Iceland. An entry level commercial banking relationship manager (1-3 years of experience) earns an average salary of 8.711.537 ISK. On the other end, a senior level commercial banking relationship manager (8+ years of experience) earns an average salary of 15.576.331 ISK.

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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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15.966.587 ISK (ISK)

28 %

Based on our compensation data, the estimated salary potential for Commercial Banking Relationship Manager will increase 28 % over 5 years.

This chart displays the highest level of education for:
Commercial Banking Relationship Manager, the majority at 100% with bachelors.

Typical Field of Study: Banking and Financial Support Services

See how education can impact your salary

Iceland

Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

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Iceland (Icelandic: Ísland, pronounced [ˈistlant] ) is a Nordic island country between the North Atlantic and Arctic Oceans, on the Mid-Atlantic Ridge between North America and Europe. It is linked culturally and politically with Europe and is the region's most sparsely populated country. Its capital and largest city is Reykjavík, which is home to about 36% of the country's roughly 380,000 residents. The official language of the country is Icelandic. Located on a rift between tectonic plates, Iceland...

Sourced from Wikipedia
Manages branch or office of a commercial bank, and coordinates activities to implement institution policies, procedures, and practices concerning commercial loans and other bank products. Strengthens and maintains ongoing banking relationships, getting to know clients and their business needs. Directs, through subordinate supervisors, activities of workers engaged in implementing banking services and authorizing commercial loans. Reviews existing accounts of clients;... analyze each client's current financial status through spreadsheets and analytical programs to make sure they are taking advantage of all the products and services the bank has that can help each business grow and prosper with little risk; offers additional lines of credit when appropriate. Read More

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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.

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