Financial Institution Manager

HK$674,209 (HKD)/yr

HK$324.14 (HKD)/hr

HK$56,634 (HKD)/yr

The average financial institution manager gross salary in Hong Kong SAR is HK$674,209 or an equivalent hourly rate of HK$324. In addition, they earn an average bonus of HK$56,634. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Hong Kong SAR. An entry level financial institution manager (1-3 years of experience) earns an average salary of HK$470,941. On the other end, a senior level financial institution manager (8+ years of experience) earns an average salary of HK$841,361.

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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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HK$737,112 (HKD)

9 %

Based on our compensation data, the estimated salary potential for Financial Institution Manager will increase 9 % 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

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Hong Kong SAR

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

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Hong Kong is a special administrative region of the People's Republic of China. With 7.4 million residents of various nationalities in a 1,104-square-kilometre (426 sq mi) territory, Hong Kong is one of the most densely populated territories in the world. Hong Kong was established as a colony of the British Empire after the Qing dynasty ceded Hong Kong Island in 1841–1842 as a consequence of losing the First Opium War. The colony expanded to the Kowloon Peninsula in 1860 and was further extended...

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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