Financial Institution Manager

kr 761 931 (NOK)/yr

kr 366,31 (NOK)/hr

kr 64 002 (NOK)/yr

The average financial institution manager gross salary in Tromsø, Norway is kr 761 931 or an equivalent hourly rate of kr 366. This is 8% lower (-kr 63 370) than the average financial institution manager salary in Norway. In addition, they earn an average bonus of kr 64 002. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Tromsø, Norway. An entry level financial institution manager (1-3 years of experience) earns an average salary of kr 530 187. On the other end, a senior level financial institution manager (8+ years of experience) earns an average salary of kr 947 206.

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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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kr 845 862 (NOK)

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

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Tromsø, Norway

The cost of living in Tromsø, Norway is 3% less than the average cost of living in Norway. Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

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Tromsø (, UK also , Norwegian: [ˈtrʊ̂msœ] ; Northern Sami: Romsa [ˈromːsa]; Finnish and Kven: Tromssa; Swedish: Tromsö) is a municipality in Troms county, Norway. The administrative centre of the municipality is the city of Tromsø. Tromsø lies in Northern Norway. The 2,521 km2 (973 sq mi) municipality is the 21st largest by area out of the 356 municipalities in Norway. With a population of 77,992, Tromsø is the 12th-most populous municipality in Norway. The municipality's population density is 31...

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

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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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