Financial Institution Manager

$58.612 (USD)/yr

$28,18 (USD)/hr

$4.923 (USD)/yr

The average financial institution manager gross salary in Cuenca, Ecuador is $58.612 or an equivalent hourly rate of $28. This is 17% lower (-$11.824) than the average financial institution manager salary in Ecuador. In addition, they earn an average bonus of $4.923. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Cuenca, Ecuador. An entry level financial institution manager (1-3 years of experience) earns an average salary of $41.479. On the other end, a senior level financial institution manager (8+ years of experience) earns an average salary of $74.105.

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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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$65.030 (USD)

11 %

Based on our compensation data, the estimated salary potential for Financial Institution Manager will increase 11 % over 5 years.

This chart displays the highest level of education for:
Financial Institution Manager, the majority at 53% with bachelors.

Typical Field of Study: Finance

See how education can impact your salary

Cuenca, Ecuador

The cost of living in Cuenca, Ecuador is 5% less than the average cost of living in Ecuador. Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

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Cuenca, officially Santa Ana de los Ríos de Cuenca, is an Ecuadorian city, head of the canton of the same name and capital of the province of Azuay, as well as its largest and most populated city. It is crossed by the Tomebamba, Tarqui, Yanuncay and Machángara rivers, in the south-central inter-Andean region of Ecuador, in the Paute river basin, at an altitude of 2,538 meters above sea level and with a temperate Andean climate averaging 16.3 °C. It has been locally called "Cuenca of the Andes" or...

Sourced from Wikipedia
Manages branch or office of financial institutions, 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. Establishes procedures for custody and control of assets, records, loan collateral, and securities to ensure safekeeping. Contacts customers and business, community, and civic organizations to promote goodwill and generate new business. May prepare financial and regulatory reports required by law, regulations, and board of directors. May examine, evaluate, and process loan applications. May recommend securities to board or corporate officers for institution investment. May talk to customers to resolve account problems. May interview and hire workers. May evaluate data pertaining to costs to plan budget. May plan and develop methods and procedures for carrying out activities of establishment. May be designated according to type of financial institution managed, as manager, branch bank; manager, commercial bank; manager, credit union; manager, finance company; manager, mortgage company; manager, savings bank; manager, trust c. 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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