Financial Institution Manager

12 395 139 Ft (HUF)/yr

5 959,20 Ft (HUF)/hr

1 041 192 Ft (HUF)/yr

The average financial institution manager gross salary in Hungary is 12 395 139 Ft or an equivalent hourly rate of 5 959 Ft. In addition, they earn an average bonus of 1 041 192 Ft. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Hungary. An entry level financial institution manager (1-3 years of experience) earns an average salary of 8 636 889 Ft. On the other end, a senior level financial institution manager (8+ years of experience) earns an average salary of 15 430 232 Ft.

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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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18 104 856 Ft (HUF)

46 %

Based on our compensation data, the estimated salary potential for Financial Institution Manager will increase 46 % 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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Hungary

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

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Hungary is a landlocked country in Central Europe. Spanning 93,030 square kilometres (35,920 sq mi) of the Carpathian Basin, it is bordered by Slovakia to the north, Ukraine to the northeast, Romania to the east and southeast, Serbia to the south, Croatia and Slovenia to the southwest, and Austria to the west. Hungary has a population of 9.6 million, mostly ethnic Hungarians and a significant Romani minority. Hungarian is the official language, and Budapest is the country's capital and largest city...

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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