Home > Salary > Iraq > Product Manager Banking
A Product Manager in the banking industry is responsible for the development and management of banking products and services. They work closely with cross-functional teams, including marketing, sales, technology, and operations, to identify market needs, define product strategies, and oversee the entire product lifecycle. This includes conducting market research, analyzing customer feedback, and collaborating with stakeholders to prioritize and execute product enhancements or new product launches. The Product Manager also ensures compliance with regulatory requirements, monitors market trends, and identifies opportunities for product innovation and differentiation. They are responsible for setting product pricing, defining product positioning, and creating marketing collateral to support sales efforts. Strong analytical skills, strategic thinking, and excellent communication skills are essential for this role.
Estimated Yearly Salary: 15,799,910 IQD
Estimated Monthly Salary: 1,316,659 IQD
Estimated Weekly Salary: 303,844 IQD per week
Estimated Hourly Salary: 7,596 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,268,098 IQD
Estimated Weekly Salary: 292,638 IQD per week
Estimated Hourly Salary: 7,316 IQD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 10,634 USD
Estimated Monthly Salary: 886 USD
Estimated Weekly Salary: 205 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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
Estimated Yearly Salary: 15,799,910 IQD
Estimated Monthly Salary: 1,316,659 IQD
Estimated Weekly Salary: 303,844 IQD per week
Estimated Hourly Salary: 7,596 IQD per hour
By working as Product Manager Banking a person can save up to 646 USD per month or 7,754 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.
Estimated Yearly Salary for Product Manager Banking
Last revision of data: 2025-01-04
Data as of 2025
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Product Manager Banking salary in Iraq
Average Yearly Salary of Product Manager Banking in Iraq is approximately 15,799,910 IQD (10,634 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 Product Manager Banking do?
A Product Manager in the banking industry is responsible for the development and management of banking products and services. They work closely with cross-functional teams, including marketing, sales, technology, and operations, to identify market needs, define product strategies, and oversee the entire product lifecycle. This includes conducting market research, analyzing customer feedback, and collaborating with stakeholders to prioritize and execute product enhancements or new product launches. The Product Manager also ensures compliance with regulatory requirements, monitors market trends, and identifies opportunities for product innovation and differentiation. They are responsible for setting product pricing, defining product positioning, and creating marketing collateral to support sales efforts. Strong analytical skills, strategic thinking, and excellent communication skills are essential for this role.
Skills: Product Manager, Banking, Product Development, Market Research, Product Strategy, Innovation
Job industry: Banking
Job industry: Banking
How much does Product Manager Banking make?
Salary details
How much does Product Manager Banking make?Estimated Yearly Salary: 15,799,910 IQD
Estimated Monthly Salary: 1,316,659 IQD
Estimated Weekly Salary: 303,844 IQD per week
Estimated Hourly Salary: 7,596 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 15,217,176 IQDEstimated Monthly Salary: 1,268,098 IQD
Estimated Weekly Salary: 292,638 IQD per week
Estimated Hourly Salary: 7,316 IQD per hour
Last revision of data: 2024-01-03Product Manager Banking estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 10,634 USD
Estimated Monthly Salary: 886 USD
Estimated Weekly Salary: 205 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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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Country:
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 Product Manager Banking job salary compared to average salary in Iraq.
Comparison shows that a person working as Product Manager Banking in Iraq earns on average:
1.94 times the average salary (or 194% of average salary).
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Product Manager Banking job salary compared to average salary in Iraq.
Comparison shows that a person working as Product Manager Banking in Iraq earns on average:
1.94 times the average salary (or 194% of average salary).
Is Product Manager Banking a well paid job?
Yes, our data shows that Product Manager Banking 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 Product Manager Banking?
High salary for Product Manager Banking would be somewhere between 17,379,901 IQD and 22,909,870 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Product Manager Banking 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: 15,799,910 IQD
Estimated Monthly Salary: 1,316,659 IQD
Estimated Weekly Salary: 303,844 IQD per week
Estimated Hourly Salary: 7,596 IQD per hour
By working as Product Manager Banking a person can save up to 646 USD per month or 7,754 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 Product Manager Banking
Iran is 13,945 USD
Jordan is 16,865 USD
Kuwait is 23,832 USD
Saudi Arabia is 48,714 USD
Syria is 6,491 USD
Turkey is 18,712 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 Iraq
(93,035,848 IQD per year, pre-tax.)
2. Cardiologist
(77,420,383 IQD per year, pre-tax.)
(74,436,118 IQD per year, pre-tax.)
4. Neurosurgeon
(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.)
9. Urologist
(70,443,660 IQD per year, pre-tax.)
10. Oncologist
(70,429,777 IQD per year, pre-tax.)
Data as of 2025Random salary:
Pipeline manager (14,606,400 IQD per year, pre-tax.)
Otolaryngologist (42,684,242 IQD per year, pre-tax.)
Fitness consultant (4,555,668 IQD per year, pre-tax.)
Equal opportunity investigator (9,792,000 IQD per year, pre-tax.)
Data scientist engineer (15,411,318 IQD per year, pre-tax.)
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