Home > Salary > Ethiopia > Operations Manager Banking
An 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.
Estimated Yearly Salary: 156,380 ETB
Estimated Monthly Salary: 13,032 ETB
Estimated Weekly Salary: 3,007 ETB per week
Estimated Hourly Salary: 75 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 12,555 ETB
Estimated Weekly Salary: 2,897 ETB per week
Estimated Hourly Salary: 72 ETB per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 2,607 USD
Estimated Monthly Salary: 217 USD
Estimated Weekly Salary: 50 USD per week
Estimated Hourly Salary: 1 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 156,380 ETB
Estimated Monthly Salary: 13,032 ETB
Estimated Weekly Salary: 3,007 ETB per week
Estimated Hourly Salary: 75 ETB per hour
By working as Operations Manager Banking a person can save up to 140 USD per month or 1,685 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 Ethiopia, see costs of living in Ethiopia.
Estimated Yearly Salary for Operations Manager Banking
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Contortionist (99,180 ETB per year, pre-tax.)
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Operations Manager Banking salary in Ethiopia
Average Yearly Salary of Operations Manager Banking in Ethiopia is approximately 156,380 ETB (2,607 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?
An 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
Job industry: Banking
How much does Operations Manager Banking make?
Salary details
How much does Operations Manager Banking make?Estimated Yearly Salary: 156,380 ETB
Estimated Monthly Salary: 13,032 ETB
Estimated Weekly Salary: 3,007 ETB per week
Estimated Hourly Salary: 75 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 150,660 ETBEstimated Monthly Salary: 12,555 ETB
Estimated Weekly Salary: 2,897 ETB per week
Estimated Hourly Salary: 72 ETB per hour
Last revision of data: 2024-01-03Operations Manager Banking estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 2,607 USD
Estimated Monthly Salary: 217 USD
Estimated Weekly Salary: 50 USD per week
Estimated Hourly Salary: 1 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Operations Manager Banking job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Operations Manager Banking in Ethiopia earns on average:
1.49 times the average salary (or 149% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Operations Manager Banking job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Operations Manager Banking in Ethiopia 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 172,018 ETB and 226,751 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Operations Manager Banking in Ethiopia?
Living in Ethiopia the approximate monthly expenses are: 77 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: 156,380 ETB
Estimated Monthly Salary: 13,032 ETB
Estimated Weekly Salary: 3,007 ETB per week
Estimated Hourly Salary: 75 ETB per hour
By working as Operations Manager Banking a person can save up to 140 USD per month or 1,685 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 Ethiopia, see costs of living in Ethiopia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia. 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
Sudan is 1,026 USD
Kenya is 8,120 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 Ethiopia
(1,198,707 ETB per year, pre-tax.)
2. Cardiologist
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
4. Neurosurgeon
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
7. Oncologist
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
10. Dermatologist
(911,678 ETB per year, pre-tax.)
Data as of 2025Random salary:
Contortionist (99,180 ETB per year, pre-tax.)
Associate brand manager (138,863 ETB per year, pre-tax.)
Exercise specialist (57,621 ETB per year, pre-tax.)
Equine veterinarian (119,940 ETB per year, pre-tax.)
Commercial interior designer (136,474 ETB per year, pre-tax.)
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