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Private Banking Relationship Manager salary in Iraq

Average Yearly Salary of Private Banking Relationship Manager in Iraq is approximately 14,434,919 IQD (9,774 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 Private Banking Relationship Manager do?

occupation personasA Private Banking Relationship Manager is responsible for providing personalized financial solutions and services to high-net-worth individuals and families. They develop and maintain relationships with clients, understanding their financial goals, and offering tailored investment advice, wealth management strategies, and banking solutions. Relationship Managers collaborate with a team of specialists to deliver comprehensive financial plans, including investment management, estate planning, tax planning, and risk management. They actively seek new business opportunities, acquire new clients, and expand existing client relationships by delivering exceptional customer service and demonstrating expertise in financial products and services. Relationship Managers stay updated on market trends, regulatory changes, and industry developments to provide clients with the most relevant and accurate advice. They must possess strong communication and interpersonal skills to effectively engage with clients and build long-term relationships.

Skills: Private Banking, Relationship Management, Wealth Management, Investment Advisory, Financial Planning, High-Net-Worth Clients.
Job industry: Banking


How much does Private Banking Relationship Manager make?

Salary details
How much does Private Banking Relationship Manager make?
Estimated Yearly Salary: 14,434,919 IQD
Estimated Monthly Salary: 1,202,910 IQD
Estimated Weekly Salary: 277,595 IQD per week
Estimated Hourly Salary: 6,940 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 13,957,476 IQD
Estimated Monthly Salary: 1,163,123 IQD
Estimated Weekly Salary: 268,413 IQD per week
Estimated Hourly Salary: 6,710 IQD per hour
Last revision of data: 2024-01-07



Private Banking Relationship Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 9,774 USD
Estimated Monthly Salary: 815 USD
Estimated Weekly Salary: 188 USD per week
Estimated Hourly Salary: 5 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Iraq, a nation in the Middle East, possesses vast oil reserves, fueling its economy and global energy trade. Key industries include oil and gas extraction, agriculture, and a burgeoning construction sector as the nation rebuilds its infrastructure. The rich historical and cultural heritage also draws tourists. However, Iraq faces challenges including political instability and security concerns. Despite these, the country exhibits economic potential and a resilient population, striving to rebuild and diversify its economy beyond oil and embrace a future of growth and stability.

Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Private Banking Relationship Manager job salary compared to average salary in Iraq.
Comparison shows that a person working as Private Banking Relationship Manager in Iraq earns on average:
1.77 times the average salary (or 177% of average salary).

Is Private Banking Relationship Manager a well paid job?

Yes, our data shows that Private Banking Relationship Manager 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 Private Banking Relationship Manager?

High salary for Private Banking Relationship Manager would be somewhere between 15,878,411 IQD and 20,930,633 IQD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Private Banking Relationship Manager in Iraq?

Living in Iraq the approximate monthly expenses are: 240 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: 14,434,919 IQD
Estimated Monthly Salary: 1,202,910 IQD
Estimated Weekly Salary: 277,595 IQD per week
Estimated Hourly Salary: 6,940 IQD per hour
By working as Private Banking Relationship Manager a person can save up to 575 USD per month or 6,894 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 Iraq, see costs of living in Iraq.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Iran, Jordan, Kuwait, Saudi Arabia, Syria, Turkey.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Private Banking Relationship Manager

Kuwait is 21,775 USDup arrow 123%
Details on Private Banking Relationship Manager salary in Kuwait
Saudi Arabia is 44,783 USDup arrow 358%
Details on Private Banking Relationship Manager salary in Saudi Arabia
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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 Iraq

(93,035,848 IQD per year, pre-tax.)
(77,420,383 IQD per year, pre-tax.)
(74,436,118 IQD per year, pre-tax.)
(72,585,795 IQD per year, pre-tax.)
(72,416,543 IQD per year, pre-tax.)
(70,778,229 IQD per year, pre-tax.)
(70,769,927 IQD per year, pre-tax.)
(70,594,393 IQD per year, pre-tax.)
(70,443,660 IQD per year, pre-tax.)
(70,429,777 IQD per year, pre-tax.)

Data as of 2025

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This website aggregates salary data for educational purposes only. While we strive to deliver accurate estimates, we do not ensure their full precision. Users are strongly encouraged to check with other sources before finalizing financial plans. Salary figures fluctuate based on multiple conditions, such as location, job role, and individual qualifications. We make no guarantees as to the correctness of the listed data. Your use of this site acknowledges acceptance of this notice.
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