Investment Banker salary in Iceland

Average Yearly Salary of Investment Banker in Iceland is approximately 19,482,453 ISK (136,618 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 Investment Banker do?

An investment banker is a financial professional who provides financial advice and services to corporations, governments, and individuals. They help clients raise capital by underwriting securities, facilitate mergers and acquisitions, and provide strategic advice for various financial transactions. Investment bankers analyze market trends, conduct due diligence, and assess risks to provide recommendations on investment opportunities. They also develop financial models, create pitch books, and negotiate deals on behalf of their clients. This occupation requires strong analytical skills, knowledge of financial markets, and the ability to work in a high-pressure environment. Investment bankers typically work long hours and must stay up-to-date with economic trends and regulatory changes. They often collaborate with other professionals such as lawyers, accountants, and traders to ensure successful execution of financial transactions.

Skills: Investment banking, Financial advisory, Capital raising, Mergers and acquisitions, Financial analysis, Risk assessment
Job industry: Finance

How much does Investment Banker make?

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


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Salary comparison to National average

Is Investment Banker a well paid job?

Yes, our data show that Investment Banker is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Investment Banker?

High salary for Investment Banker would be somewhere between 21,430,698 ISK and 28,249,557 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Investment Banker 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: 19,482,453 ISK
Estimated Monthly Salary: 1,623,538 ISK
Estimated Weekly Salary: 374,663 ISK per week
Estimated Hourly Salary: 9,367 ISK per hour
By working as Investment Banker a person can save up to 8,656 USD per month or 103,872 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 Investment Banker

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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