Home > Salary > Iceland > Trust Operations Officer
A Trust Operations Officer is responsible for managing the daily operations and administration of trust accounts within a financial institution or trust company. They ensure compliance with regulatory requirements, process transactions, and maintain accurate records of client assets. This role involves coordinating with various departments such as legal, compliance, and investment management to execute trust-related activities effectively. Trust Operations Officers also handle client inquiries, resolve issues, and provide exceptional customer service.
Estimated Yearly Salary: 11,549,520 ISK
Estimated Monthly Salary: 962,460 ISK
Estimated Weekly Salary: 222,106 ISK per week
Estimated Hourly Salary: 5,553 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 930,430 ISK
Estimated Weekly Salary: 214,715 ISK per week
Estimated Hourly Salary: 5,368 ISK per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 80,656 USD
Estimated Monthly Salary: 6,721 USD
Estimated Weekly Salary: 1,551 USD per week
Estimated Hourly Salary: 39 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.
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Estimated Yearly Salary: 11,549,520 ISK
Estimated Monthly Salary: 962,460 ISK
Estimated Weekly Salary: 222,106 ISK per week
Estimated Hourly Salary: 5,553 ISK per hour
By working as Trust Operations Officer a person can save up to 3,993 USD per month or 47,910 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 Trust Operations Officer
Last revision of data: 2025-01-04
Data as of 2025
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Trust Operations Officer salary in Iceland
Average Yearly Salary of Trust Operations Officer in Iceland is approximately 11,549,520 ISK (80,656 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 Trust Operations Officer do?
A Trust Operations Officer is responsible for managing the daily operations and administration of trust accounts within a financial institution or trust company. They ensure compliance with regulatory requirements, process transactions, and maintain accurate records of client assets. This role involves coordinating with various departments such as legal, compliance, and investment management to execute trust-related activities effectively. Trust Operations Officers also handle client inquiries, resolve issues, and provide exceptional customer service.
Skills: Trust Operations, Trust Management, Financial Services, Compliance, Client Relations, Record Keeping
Job industry: Banking
Job industry: Banking
How much does Trust Operations Officer make?
Salary details
How much does Trust Operations Officer make?Estimated Yearly Salary: 11,549,520 ISK
Estimated Monthly Salary: 962,460 ISK
Estimated Weekly Salary: 222,106 ISK per week
Estimated Hourly Salary: 5,553 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 11,165,154 ISKEstimated Monthly Salary: 930,430 ISK
Estimated Weekly Salary: 214,715 ISK per week
Estimated Hourly Salary: 5,368 ISK per hour
Last revision of data: 2024-01-02Trust Operations Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 80,656 USD
Estimated Monthly Salary: 6,721 USD
Estimated Weekly Salary: 1,551 USD per week
Estimated Hourly Salary: 39 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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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 Trust Operations Officer job salary compared to average salary in Iceland.
Comparison shows that a person working as Trust Operations Officer in Iceland earns on average:
1.29 times the average salary (or 129% 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 Trust Operations Officer job salary compared to average salary in Iceland.
Comparison shows that a person working as Trust Operations Officer in Iceland earns on average:
1.29 times the average salary (or 129% of average salary).
Is Trust Operations Officer a well paid job?
Yes, our data shows that Trust Operations Officer is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Trust Operations Officer?
High salary for Trust Operations Officer would be somewhere between 12,704,472 ISK and 16,746,804 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Trust Operations 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: 11,549,520 ISK
Estimated Monthly Salary: 962,460 ISK
Estimated Weekly Salary: 222,106 ISK per week
Estimated Hourly Salary: 5,553 ISK per hour
By working as Trust Operations Officer a person can save up to 3,993 USD per month or 47,910 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 Trust Operations Officer
Norway is 113,092 USD
United Kingdom is 53,286 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:
Shipping receiving traffic clerk (4,349,415 ISK per year, pre-tax.)
Traffic engineer (11,366,170 ISK per year, pre-tax.)
911 call taker (4,206,345 ISK per year, pre-tax.)
Educational advisor (6,879,937 ISK per year, pre-tax.)
Human resources (hr), team leader (10,633,480 ISK per year, pre-tax.)
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Salary details displayed on this website are intended for informational purposes only. Our data is sourced through multiple inputs and may not always be accurate. Users should verify salary information through other means before making financial commitments. The figures listed here may change due to variables such as location, industry standards, and individual skill sets. We cannot warrant that the information provided is error-free. By accessing this website, you agree that salary information is presented 'as is' and without assurances.