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Financial Institution Manager
293,242 ر.س. (SAR)/yr
140.98 ر.س. (SAR)/hr
24,632 ر.س. (SAR)/yr
The average financial institution manager gross salary in Saudi Arabia is 293,242 ر.س. or an equivalent hourly rate of 141 ر.س.. In addition, they earn an average bonus of 24,632 ر.س.. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Saudi Arabia. An entry level financial institution manager (1-3 years of experience) earns an average salary of 205,062 ر.س.. On the other end, a senior level financial institution manager (8+ years of experience) earns an average salary of 366,355 ر.س..
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This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.
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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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Salary Potential
333,073 ر.س. (SAR)
14 %
Based on our compensation data, the estimated salary potential for Financial Institution Manager will increase 14 % over 5 years.
Most Popular Skills for Financial Institution Manager
Education
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
Salary Difference by Location
Salary by Country
Country Overview
Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.
View Cost of Living PageSaudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in West Asia and the Middle East. It covers the bulk of the Arabian Peninsula and has a land area of about 2150000 km2 (830000 sq mi), making it the fifth-largest country in Asia and the largest in the Middle East. It is bordered by the Red Sea to the west; Jordan, Iraq, and Kuwait to the north; the Persian Gulf, Qatar and the United Arab Emirates to the east; Oman to the southeast; and Yemen to the south. Bahrain is an island...
Sourced from Wikipedia
Job Description
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.
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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.
Most Popular Skills for Financial Institution Manager
Salary Difference by Location
Salary by Country
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