Funding Analyst salary in Iceland

Average Yearly Salary of Funding Analyst in Iceland is approximately 6,806,997 ISK (47,655 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 Funding Analyst do?

A funding analyst is responsible for evaluating financial data and determining the feasibility of funding requests. They analyze various factors such as creditworthiness, market conditions, and financial statements to assess the risk associated with providing funds to individuals or organizations. Funding analysts also review loan applications, conduct due diligence, and make recommendations on whether to approve or decline funding requests. They collaborate with other departments, such as risk management and underwriting, to ensure compliance with lending policies and regulations. Additionally, they monitor the performance of funded projects, track repayment schedules, and provide periodic reports to management.

Skills: Funding analyst, Financial analysis, Risk assessment, Loan evaluation, Due diligence, Credit analysis
Job industry: Finance

How much does Funding Analyst make?

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


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Salary comparison to National average

Is Funding Analyst a well paid job?

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

What is considered a high salary for Funding Analyst?

High salary for Funding Analyst would be somewhere between 7,487,697 ISK and 9,870,146 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Funding Analyst 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: 6,806,997 ISK
Estimated Monthly Salary: 567,250 ISK
Estimated Weekly Salary: 130,904 ISK per week
Estimated Hourly Salary: 3,273 ISK per hour
By working as Funding Analyst a person can save up to 1,242 USD per month or 14,909 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 Funding Analyst

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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