Bank Protection Officer salary in Iceland

Average Yearly Salary of Bank Protection Officer in Iceland is approximately 5,184,898 ISK (36,156 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 Protection Officer do?

A Bank Protection Officer is responsible for ensuring the safety and security of a bank's premises, employees, customers, and assets. They are tasked with implementing and enforcing security protocols to prevent theft, fraud, and other criminal activities. This occupation involves monitoring surveillance systems, conducting regular patrols, and responding to alarms or incidents. Bank Protection Officers may also be involved in investigating suspicious activities, preparing incident reports, and collaborating with law enforcement agencies when necessary. Additionally, they may assist in training bank staff on security procedures and emergency response protocols.

Skills: Bank Security, Crime Prevention, Surveillance, Risk Management, Security Protocols, Emergency Response.
Job industry: Banking

How much does Bank Protection Officer make?

Difference in salary year over year or average salary increase is approximately 4 %


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Bank Protection Officer a well paid job?

No, our data shows that Bank Protection Officer is typically not a well-paid job. The salary varies based on experience. Meaning that even though Bank Protection Officer might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Bank Protection Officer?

High salary for Bank Protection Officer would be somewhere between 5,703,388 ISK and 7,518,102 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Bank Protection Officer in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 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: 5,184,898 ISK
Estimated Monthly Salary: 432,075 ISK
Estimated Weekly Salary: 99,710 ISK per week
Estimated Hourly Salary: 2,493 ISK per hour
By working as Bank Protection Officer a person can save up to 284 USD per month or 3,410 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 Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
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 Protection Officer

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.

Top 10 highest salaries in Iceland

Data as of 2025

Random salary:
Occupational health physician (27,440,808 ISK per year, pre-tax.)
Valet driver (3,509,077 ISK per year, pre-tax.)
Plant pathologist (13,335,201 ISK per year, pre-tax.)
Scanner operator (5,162,617 ISK per year, pre-tax.)
Assistant restaurant manager casual dining (7,468,424 ISK per year, pre-tax.)

Feedback about these results