Home > Salary > Israel > 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: 386,600 ILS
Estimated Monthly Salary: 32,217 ILS
Estimated Weekly Salary: 7,435 ILS per week
Estimated Hourly Salary: 186 ILS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 31,174 ILS
Estimated Weekly Salary: 7,194 ILS per week
Estimated Hourly Salary: 180 ILS per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 96,946 USD
Estimated Monthly Salary: 8,079 USD
Estimated Weekly Salary: 1,864 USD per week
Estimated Hourly Salary: 47 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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 386,600 ILS
Estimated Monthly Salary: 32,217 ILS
Estimated Weekly Salary: 7,435 ILS per week
Estimated Hourly Salary: 186 ILS per hour
By working as Product Manager Banking a person can save up to 5,893 USD per month or 70,714 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 Israel, see costs of living in Israel.
Estimated Yearly Salary for Product Manager Banking
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Occupational therapy aide (104,840 ILS per year, pre-tax.)
Special education paraprofessional (121,520 ILS per year, pre-tax.)
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Product Manager Banking salary in Israel
Average Yearly Salary of Product Manager Banking in Israel is approximately 386,600 ILS (96,946 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: 386,600 ILS
Estimated Monthly Salary: 32,217 ILS
Estimated Weekly Salary: 7,435 ILS per week
Estimated Hourly Salary: 186 ILS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 374,092 ILSEstimated Monthly Salary: 31,174 ILS
Estimated Weekly Salary: 7,194 ILS per week
Estimated Hourly Salary: 180 ILS per hour
Last revision of data: 2024-01-08Product Manager Banking estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 96,946 USD
Estimated Monthly Salary: 8,079 USD
Estimated Weekly Salary: 1,864 USD per week
Estimated Hourly Salary: 47 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
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Salary comparison to National average
Israel is a country located in the Middle East, bordered by Lebanon to the north, Syria to the northeast, Jordan to the east, and Egypt to the southwest. It has a diverse population of approximately 9 million people. The country covers an area of around 22,145 square kilometers (8,550 square miles). Israel is known for its rich history, cultural heritage, and religious significance.
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Product Manager Banking job salary compared to average salary in Israel.
Comparison shows that a person working as Product Manager Banking in Israel earns on average:
2 times the average salary (or 200% of average salary).
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Product Manager Banking job salary compared to average salary in Israel.
Comparison shows that a person working as Product Manager Banking in Israel earns on average:
2 times the average salary (or 200% of average salary).
Is Product Manager Banking a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Product Manager Banking?
High salary for Product Manager Banking would be somewhere between 425,260 ILS and 560,570 ILS. However this is an estimation based on Gaussian Distribution.How much can you save working as Product Manager Banking in Israel?
Living in Israel the approximate monthly expenses are: 2,186 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: 386,600 ILS
Estimated Monthly Salary: 32,217 ILS
Estimated Weekly Salary: 7,435 ILS per week
Estimated Hourly Salary: 186 ILS per hour
By working as Product Manager Banking a person can save up to 5,893 USD per month or 70,714 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 Israel, see costs of living in Israel.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Lebanon, Syria, Jordan, Egypt. 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
Lebanon is 14,687 USD
Syria is 6,491 USD
Jordan is 16,865 USD
Egypt is 7,238 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 Israel
(2,288,508 ILS per year, pre-tax.)
2. Cardiologist
(1,903,781 ILS per year, pre-tax.)
(1,831,869 ILS per year, pre-tax.)
4. Neurosurgeon
(1,783,011 ILS per year, pre-tax.)
(1,778,623 ILS per year, pre-tax.)
(1,740,307 ILS per year, pre-tax.)
7. Urologist
(1,734,638 ILS per year, pre-tax.)
(1,730,943 ILS per year, pre-tax.)
9. Oncologist
(1,729,727 ILS per year, pre-tax.)
(1,729,273 ILS per year, pre-tax.)
Data as of 2025Random salary:
Occupational therapy aide (104,840 ILS per year, pre-tax.)
Special education paraprofessional (121,520 ILS per year, pre-tax.)
Account director (339,780 ILS per year, pre-tax.)
Facilities clerk (93,823 ILS per year, pre-tax.)
Venture analyst (264,484 ILS per year, pre-tax.)
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