Corporate Trust Officer salary in Iceland

Average Yearly Salary of Corporate Trust Officer in Iceland is approximately 9,241,646 ISK (64,888 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 Corporate Trust Officer do?

A corporate trust officer is responsible for managing trust and fiduciary relationships for corporate clients. They work in financial institutions, such as banks or trust companies, and serve as a liaison between the company and its clients. Their primary role is to ensure that all trust-related transactions and activities comply with legal and regulatory requirements. Corporate trust officers handle various tasks, including setting up trusts, managing investment portfolios, handling estate planning, and executing financial transactions on behalf of clients. They also provide advice and guidance to clients regarding trust administration, tax planning, and risk management.

Skills: Corporate Trust Officer, Fiduciary Relationship Manager, Trust Administrator, Financial Advisor, Estate Planner, Risk Management Specialist
Job industry: Finance

How much does Corporate Trust Officer make?

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


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Salary comparison to National average

Is Corporate Trust Officer a well paid job?

Yes, our data show that Corporate Trust Officer 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 Corporate Trust Officer?

High salary for Corporate Trust Officer would be somewhere between 10,165,811 ISK and 13,400,387 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Corporate Trust 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: 9,241,646 ISK
Estimated Monthly Salary: 770,137 ISK
Estimated Weekly Salary: 177,724 ISK per week
Estimated Hourly Salary: 4,443 ISK per hour
By working as Corporate Trust Officer a person can save up to 2,679 USD per month or 32,142 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 Corporate Trust 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

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