Operations Supervisor Banking salary in Iceland

Average Yearly Salary of Operations Supervisor Banking in Iceland is approximately 10,812,818 ISK (75,666 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 Operations Supervisor Banking do?

An Operations Supervisor in banking is responsible for overseeing and managing the day-to-day operations of a bank branch or department. They ensure that all activities within their area of responsibility are carried out efficiently and effectively, while adhering to regulatory guidelines and internal policies. The Operations Supervisor supervises a team of employees, assigns tasks, and provides guidance and support as needed. They monitor and evaluate performance, identify areas for improvement, and implement strategies to enhance operational efficiency. Additionally, they handle customer inquiries and complaints, resolve issues, and maintain strong relationships with clients. The role requires strong leadership skills, excellent organizational abilities, and a thorough understanding of banking operations and procedures.

Skills: Operations Supervisor, Banking, Leadership, Customer Service, Regulatory Compliance, Team Management
Job industry: Banking

How much does Operations Supervisor Banking make?

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


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Salary comparison to National average

Is Operations Supervisor Banking a well paid job?

No / we do not have enough data to assess this.

What is considered a high salary for Operations Supervisor Banking?

High salary for Operations Supervisor Banking would be somewhere between 11,894,100 ISK and 15,678,586 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Operations Supervisor Banking 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: 10,812,818 ISK
Estimated Monthly Salary: 901,068 ISK
Estimated Weekly Salary: 207,939 ISK per week
Estimated Hourly Salary: 5,198 ISK per hour
By working as Operations Supervisor Banking a person can save up to 3,577 USD per month or 42,920 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 Operations Supervisor Banking

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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