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Operations Manager Banking salary in Estonia

Average Yearly Salary of Operations Manager Banking in Estonia is approximately 37,371 EUR (37,537 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 Operations Manager Banking do?

occupation personasAn Operations Manager in banking is responsible for overseeing the day-to-day operations of a bank or financial institution. They ensure that all operational processes run smoothly and efficiently, while also maintaining compliance with industry regulations. This role involves managing a team of employees, setting performance goals, and monitoring their progress. The Operations Manager also collaborates with other departments, such as risk management and customer service, to ensure seamless coordination and effective communication. They analyze operational data and identify areas for improvement, implementing strategies to enhance productivity and reduce costs. Additionally, they stay updated on industry trends and technological advancements to recommend and implement new systems or processes that can streamline operations. Overall, an Operations Manager in banking plays a critical role in optimizing operational efficiency, minimizing risks, and ensuring a positive customer experience.

Skills: Operations Manager, Banking, Financial Institution, Compliance, Team Management, Process Improvement
Job industry: Banking


How much does Operations Manager Banking make?

Salary details
How much does Operations Manager Banking make?
Estimated Yearly Salary: 37,371 EUR
Estimated Monthly Salary: 3,114 EUR
Estimated Weekly Salary: 719 EUR per week
Estimated Hourly Salary: 18 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 36,153 EUR
Estimated Monthly Salary: 3,013 EUR
Estimated Weekly Salary: 695 EUR per week
Estimated Hourly Salary: 17 EUR per hour
Last revision of data: 2024-01-05



Operations Manager Banking estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 37,537 USD
Estimated Monthly Salary: 3,128 USD
Estimated Weekly Salary: 722 USD per week
Estimated Hourly Salary: 18 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Estonia, located in Northern Europe, is a small country with a population of approximately 1.3 million people. It covers an area of around 45,000 square kilometers, making it one of the smallest countries in the European Union. Despite its size, Estonia has made significant advancements in technology and digital innovation, earning it the nickname "e-Estonia."

Estimated national average yearly salary is 25,152 EUR (27,640 USD). Value indicated is pre-tax. Below graph shows estimated Operations Manager Banking job salary compared to average salary in Estonia.
Comparison shows that a person working as Operations Manager Banking in Estonia earns on average:
1.49 times the average salary (or 149% of average salary).

Is Operations Manager Banking a well paid job?

Yes, our data shows that Operations Manager Banking is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Operations Manager Banking?

High salary for Operations Manager Banking would be somewhere between 41,108 EUR and 54,188 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Operations Manager Banking in Estonia?

Living in Estonia the approximate monthly expenses are: 1,106 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: 37,371 EUR
Estimated Monthly Salary: 3,114 EUR
Estimated Weekly Salary: 719 EUR per week
Estimated Hourly Salary: 18 EUR per hour
By working as Operations Manager Banking a person can save up to 2,022 USD per month or 24,270 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 Estonia, see costs of living in Estonia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Russia, Latvia, Finland..
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Operations Manager Banking

Russia is 17,406 USDdown arrow 54%
Details on Operations Manager Banking salary in Russia
Latvia is 28,998 USDdown arrow 23%
Details on Operations Manager Banking salary in Latvia
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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.

Top 10 highest salaries in Estonia

(288,066 EUR per year, pre-tax.)
(240,102 EUR per year, pre-tax.)
(231,505 EUR per year, pre-tax.)
(224,746 EUR per year, pre-tax.)
(224,064 EUR per year, pre-tax.)
(219,685 EUR per year, pre-tax.)
(218,978 EUR per year, pre-tax.)
(218,750 EUR per year, pre-tax.)
(218,678 EUR per year, pre-tax.)
(218,557 EUR per year, pre-tax.)

Data as of 2025

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This website presents salary data for informational use exclusively. We attempt to provide accurate figures, but do not assure their validity. Users are encouraged to consult official platforms before making employment choices. Salary amounts can fluctuate due to geographic location, experience, and industry trends. We accept no liability for errors in the salary data provided. Your continued use with this site confirms understanding of this disclaimer.
The salary estimates on optisalary.com are meant for reference purposes exclusively. We compile salary data from varied providers, but do not guarantee absolute precision. Users should independently verify salaries before making financial commitments. Salary variations occur due to industry standards, demand shifts, and location. We disclaim any guarantee regarding the correctness of the provided salary data. By accessing this site, you agree that salary data is not definitive.