Home > Salary > Iceland > Financial Service Officer
A Financial Service Officer is responsible for providing financial advice, guidance, and support to clients. They work in various financial institutions such as banks, credit unions, and investment firms. Their main role is to assist clients in managing their finances effectively, offering solutions tailored to their specific needs and goals. This includes providing information on different banking products, loans, mortgages, and investment options. Financial Service Officers also analyze client's financial situations, assess risks, and make recommendations accordingly. They ensure compliance with relevant regulations and policies, while also building and maintaining strong client relationships.
Estimated Yearly Salary: 7,239,250 ISK
Estimated Monthly Salary: 603,271 ISK
Estimated Weekly Salary: 139,216 ISK per week
Estimated Hourly Salary: 3,480 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 584,834 ISK
Estimated Weekly Salary: 134,962 ISK per week
Estimated Hourly Salary: 3,374 ISK per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 50,659 USD
Estimated Monthly Salary: 4,222 USD
Estimated Weekly Salary: 974 USD per week
Estimated Hourly Salary: 24 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 7,239,250 ISK
Estimated Monthly Salary: 603,271 ISK
Estimated Weekly Salary: 139,216 ISK per week
Estimated Hourly Salary: 3,480 ISK per hour
By working as Financial Service Officer a person can save up to 1,493 USD per month or 17,913 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 Financial Service Officer
Last revision of data: 2025-01-04
Data as of 2025
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Financial Service Officer salary in Iceland
Average Yearly Salary of Financial Service Officer in Iceland is approximately 7,239,250 ISK (50,659 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 Financial Service Officer do?
A Financial Service Officer is responsible for providing financial advice, guidance, and support to clients. They work in various financial institutions such as banks, credit unions, and investment firms. Their main role is to assist clients in managing their finances effectively, offering solutions tailored to their specific needs and goals. This includes providing information on different banking products, loans, mortgages, and investment options. Financial Service Officers also analyze client's financial situations, assess risks, and make recommendations accordingly. They ensure compliance with relevant regulations and policies, while also building and maintaining strong client relationships.
Skills: Financial service officer, Financial advisor, Banking, Investment, Client management, Financial planning
Job industry: Finance
Job industry: Finance
How much does Financial Service Officer make?
Salary details
How much does Financial Service Officer make?Estimated Yearly Salary: 7,239,250 ISK
Estimated Monthly Salary: 603,271 ISK
Estimated Weekly Salary: 139,216 ISK per week
Estimated Hourly Salary: 3,480 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 7,018,011 ISKEstimated Monthly Salary: 584,834 ISK
Estimated Weekly Salary: 134,962 ISK per week
Estimated Hourly Salary: 3,374 ISK per hour
Last revision of data: 2024-01-08Financial Service Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 50,659 USD
Estimated Monthly Salary: 4,222 USD
Estimated Weekly Salary: 974 USD per week
Estimated Hourly Salary: 24 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
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 Financial Service Officer job salary compared to average salary in Iceland.
Comparison shows that a person working as Financial Service Officer in Iceland earns on average:
0.81 times the average salary (or 81% 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 Financial Service Officer job salary compared to average salary in Iceland.
Comparison shows that a person working as Financial Service Officer in Iceland earns on average:
0.81 times the average salary (or 81% of average salary).
Is Financial Service Officer a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Financial Service Officer?
High salary for Financial Service Officer would be somewhere between 7,963,175 ISK and 10,496,913 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Service 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: 7,239,250 ISK
Estimated Monthly Salary: 603,271 ISK
Estimated Weekly Salary: 139,216 ISK per week
Estimated Hourly Salary: 3,480 ISK per hour
By working as Financial Service Officer a person can save up to 1,493 USD per month or 17,913 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 Financial Service Officer
Norway is 71,364 USD
United Kingdom is 33,287 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:
Games developer (15,737,579 ISK per year, pre-tax.)
Drug addiction counselor (6,175,376 ISK per year, pre-tax.)
Certified public accountant (cpa) (13,185,458 ISK per year, pre-tax.)
Key account sales executive (13,079,209 ISK per year, pre-tax.)
Ultrasound radiologist (10,471,192 ISK per year, pre-tax.)
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This website provides salary data exclusively for informational use. While we endeavor for accuracy, we do not ensure the precision of all figures. Users should verify salary details with official sources before making career-related plans. Salary amounts may fluctuate based on numerous elements, such as company size, negotiation tactics, and industry demand. We accept no liability for errors in the salary estimates provided. By accessing this website, you acknowledge that salary data is not absolute.
optisalary.com provides salary figures exclusively for informational purposes. While we endeavor for correctness, we do not ensure the validity of all figures. Users should double-check salary details with reliable sources before making financial decisions. Salary estimates may fluctuate based on numerous elements, such as geographic location, experience, and job role. We accept no responsibility for misinterpretations in the pay figures provided. By accessing this website, you acknowledge that salary data is not absolute.