Home > Salary > Iceland > Banking Assistant Manager
A banking assistant manager is responsible for assisting the bank manager in overseeing the daily operations of a bank branch. They play a crucial role in ensuring that customer service standards are met, and that all banking transactions are conducted accurately and efficiently. Their duties include supervising and training staff, resolving customer complaints, promoting and selling bank products and services, and ensuring compliance with banking regulations and policies. They also assist in creating and implementing strategies to increase branch profitability and achieve business targets. Strong leadership and communication skills are essential for this role, as well as a solid understanding of banking procedures and products. Additionally, banking assistant managers must possess excellent problem-solving abilities and be able to handle multiple tasks simultaneously.
Estimated Yearly Salary: 8,936,882 ISK
Estimated Monthly Salary: 744,740 ISK
Estimated Weekly Salary: 171,863 ISK per week
Estimated Hourly Salary: 4,297 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 717,753 ISK
Estimated Weekly Salary: 165,635 ISK per week
Estimated Hourly Salary: 4,141 ISK per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 62,367 USD
Estimated Monthly Salary: 5,197 USD
Estimated Weekly Salary: 1,199 USD per week
Estimated Hourly Salary: 30 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: 8,936,882 ISK
Estimated Monthly Salary: 744,740 ISK
Estimated Weekly Salary: 171,863 ISK per week
Estimated Hourly Salary: 4,297 ISK per hour
By working as Banking Assistant Manager a person can save up to 2,468 USD per month or 29,621 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.
Estimated Yearly Salary for Banking Assistant Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Banking Assistant Manager salary in Iceland
Average Yearly Salary of Banking Assistant Manager in Iceland is approximately 8,936,882 ISK (62,367 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 Banking Assistant Manager do?
A banking assistant manager is responsible for assisting the bank manager in overseeing the daily operations of a bank branch. They play a crucial role in ensuring that customer service standards are met, and that all banking transactions are conducted accurately and efficiently. Their duties include supervising and training staff, resolving customer complaints, promoting and selling bank products and services, and ensuring compliance with banking regulations and policies. They also assist in creating and implementing strategies to increase branch profitability and achieve business targets. Strong leadership and communication skills are essential for this role, as well as a solid understanding of banking procedures and products. Additionally, banking assistant managers must possess excellent problem-solving abilities and be able to handle multiple tasks simultaneously.
Skills: Banking, Assistant Manager, Customer Service, Sales, Compliance, Leadership
Job industry: Banking
Job industry: Banking
How much does Banking Assistant Manager make?
Salary details
How much does Banking Assistant Manager make?Estimated Yearly Salary: 8,936,882 ISK
Estimated Monthly Salary: 744,740 ISK
Estimated Weekly Salary: 171,863 ISK per week
Estimated Hourly Salary: 4,297 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 8,613,033 ISKEstimated Monthly Salary: 717,753 ISK
Estimated Weekly Salary: 165,635 ISK per week
Estimated Hourly Salary: 4,141 ISK per hour
Last revision of data: 2024-01-06Banking Assistant Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 62,367 USD
Estimated Monthly Salary: 5,197 USD
Estimated Weekly Salary: 1,199 USD per week
Estimated Hourly Salary: 30 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
Compare salary to other countries
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Country:
Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Banking Assistant Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Banking Assistant Manager in Iceland earns on average:
1 times the average salary (or 100% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Banking Assistant Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Banking Assistant Manager in Iceland earns on average:
1 times the average salary (or 100% of average salary).
Is Banking Assistant Manager a well paid job?
Yes, our data show that Banking Assistant Manager 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 Banking Assistant Manager?
High salary for Banking Assistant Manager would be somewhere between 9,830,570 ISK and 12,958,479 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Banking Assistant Manager 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: 8,936,882 ISK
Estimated Monthly Salary: 744,740 ISK
Estimated Weekly Salary: 171,863 ISK per week
Estimated Hourly Salary: 4,297 ISK per hour
By working as Banking Assistant Manager a person can save up to 2,468 USD per month or 29,621 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 Banking Assistant Manager
Norway is 87,481 USD
United Kingdom is 40,857 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 Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Validation software engineer (16,131,498 ISK per year, pre-tax.)
Plumbing contractor (9,211,193 ISK per year, pre-tax.)
Information assurance officer (16,457,336 ISK per year, pre-tax.)
Technical sales director (19,600,048 ISK per year, pre-tax.)
Academic support specialist (6,805,370 ISK per year, pre-tax.)
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