Home > Salary > Australia > Retail Banking Manager
A retail banking manager is responsible for overseeing the operations and performance of a bank branch or retail banking department. They are in charge of managing a team of customer service representatives, tellers, and other staff members to ensure efficient and effective service delivery. The retail banking manager is responsible for meeting sales targets, developing and implementing strategies to attract new customers, and maintaining relationships with existing clients. They also handle customer complaints and resolve any issues that may arise. Additionally, retail banking managers stay updated on industry trends and regulations to ensure compliance and provide guidance to their team. This occupation requires strong leadership skills, excellent communication and interpersonal abilities, and a deep understanding of financial products and services.
Estimated Yearly Salary: 194,653 AUD
Estimated Monthly Salary: 16,221 AUD
Estimated Weekly Salary: 3,743 AUD per week
Estimated Hourly Salary: 94 AUD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 15,699 AUD
Estimated Weekly Salary: 3,623 AUD per week
Estimated Hourly Salary: 91 AUD per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 97,433 USD
Estimated Monthly Salary: 8,119 USD
Estimated Weekly Salary: 1,874 USD per week
Estimated Hourly Salary: 47 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 194,653 AUD
Estimated Monthly Salary: 16,221 AUD
Estimated Weekly Salary: 3,743 AUD per week
Estimated Hourly Salary: 94 AUD per hour
By working as Retail Banking Manager a person can save up to 5,702 USD per month or 68,427 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Estimated Yearly Salary for Retail Banking Manager
Last revision of data: 2025-01-04
Data as of 2025
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Retail Banking Manager salary in Australia
Average Yearly Salary of Retail Banking Manager in Australia is approximately 194,653 AUD (97,433 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Retail Banking Manager do?
A retail banking manager is responsible for overseeing the operations and performance of a bank branch or retail banking department. They are in charge of managing a team of customer service representatives, tellers, and other staff members to ensure efficient and effective service delivery. The retail banking manager is responsible for meeting sales targets, developing and implementing strategies to attract new customers, and maintaining relationships with existing clients. They also handle customer complaints and resolve any issues that may arise. Additionally, retail banking managers stay updated on industry trends and regulations to ensure compliance and provide guidance to their team. This occupation requires strong leadership skills, excellent communication and interpersonal abilities, and a deep understanding of financial products and services.
Skills: Retail banking, Manager, Customer service, Sales, Team management, Compliance.
Job industry: Banking
Job industry: Banking
How much does Retail Banking Manager make?
Salary details
How much does Retail Banking Manager make?Estimated Yearly Salary: 194,653 AUD
Estimated Monthly Salary: 16,221 AUD
Estimated Weekly Salary: 3,743 AUD per week
Estimated Hourly Salary: 94 AUD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 188,384 AUDEstimated Monthly Salary: 15,699 AUD
Estimated Weekly Salary: 3,623 AUD per week
Estimated Hourly Salary: 91 AUD per hour
Last revision of data: 2024-01-06Retail Banking Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 97,433 USD
Estimated Monthly Salary: 8,119 USD
Estimated Weekly Salary: 1,874 USD per week
Estimated Hourly Salary: 47 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Australia is a vast country located in the southern hemisphere. It has a diverse population of approximately 25 million people. The country spans an area of about 7.7 million square kilometers, making it the sixth-largest country in the world. Australia is surrounded by the Indian and Pacific Oceans and is known for its stunning landscapes, including the Great Barrier Reef, Uluru, and the Outback.
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Retail Banking Manager job salary compared to average salary in Australia.
Comparison shows that a person working as Retail Banking Manager in Australia earns on average:
2.31 times the average salary (or 231% of average salary).
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Retail Banking Manager job salary compared to average salary in Australia.
Comparison shows that a person working as Retail Banking Manager in Australia earns on average:
2.31 times the average salary (or 231% of average salary).
Is Retail Banking Manager a well paid job?
Yes, our data show that Retail Banking Manager is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Retail Banking Manager?
High salary for Retail Banking Manager would be somewhere between 214,118 AUD and 282,247 AUD. However this is an estimation based on Gaussian Distribution.How much can you save working as Retail Banking Manager in Australia?
Living in Australia the approximate monthly expenses are: 2,417 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 194,653 AUD
Estimated Monthly Salary: 16,221 AUD
Estimated Weekly Salary: 3,743 AUD per week
Estimated Hourly Salary: 94 AUD per hour
By working as Retail Banking Manager a person can save up to 5,702 USD per month or 68,427 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Indonesia, Papua New Guinea, East Timor. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Retail Banking Manager
Indonesia is 17,050 USD
East Timor is 72,620 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Australia
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4. Neurosurgeon
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8. Oncologist
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10. Plastic surgeon
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Data as of 2025Random salary:
Pathologist (283,390 AUD per year, pre-tax.)
Consultant industrial engineering (183,845 AUD per year, pre-tax.)
General claims agent (34,959 AUD per year, pre-tax.)
Audio video equipment technician (93,906 AUD per year, pre-tax.)
Staff engineer aerospace engineering (238,270 AUD per year, pre-tax.)
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