Bank Vice President salary in Canada

Average Yearly Salary of Bank Vice President in Canada is approximately 78,140 CAD (78,219 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 Bank Vice President do?

A bank vice president is a high-ranking executive who plays a crucial role in the overall management and success of a bank. They are responsible for overseeing various departments within the bank, such as lending, operations, risk management, and customer service. Their main objective is to ensure that the bank operates efficiently, meets its financial goals, and provides excellent service to its customers. Bank vice presidents are involved in strategic planning, setting financial targets, and developing policies and procedures. They also monitor market trends and competition to identify opportunities for growth and improvement. Another important aspect of their role is building and maintaining relationships with key stakeholders, including clients, regulators, and other financial institutions.

Skills: Bank leadership, Financial management, Risk assessment, Customer service, Strategic planning, Relationship management.
Job industry: Finance

How much does Bank Vice President make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Bank Vice President a well paid job?

Yes, our data show that Bank Vice President is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Bank Vice President?

High salary for Bank Vice President would be somewhere between 85,954 CAD and 113,303 CAD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Bank Vice President in Canada?

Living in Canada the approximate monthly expenses are: 2,118 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: 78,140 CAD
Estimated Monthly Salary: 6,512 CAD
Estimated Weekly Salary: 1,503 CAD per week
Estimated Hourly Salary: 38 CAD per hour
By working as Bank Vice President a person can save up to 4,400 USD per month or 52,798 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 Canada, see costs of living in Canada.

Salary comparison to region and neighbouring coutries

Country's neighbours are: United States of America.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Bank Vice President

Last revision of data: 2025-01-04

Salary 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 increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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