Home > Salary > Kenya > Trust Officer Banking
A trust officer in banking is a professional responsible for managing trusts and estates on behalf of clients. They work closely with clients to understand their financial goals and objectives, and then create and administer trust accounts accordingly. Trust officers ensure compliance with legal and regulatory requirements, and provide expert advice on estate planning, tax implications, and investment strategies. They oversee the distribution of assets, manage investments, and handle all administrative tasks related to trusts and estates. Additionally, trust officers may also act as fiduciaries, making decisions on behalf of clients when necessary.
Estimated Yearly Salary: 1,218,762 KES
Estimated Monthly Salary: 101,564 KES
Estimated Weekly Salary: 23,438 KES per week
Estimated Hourly Salary: 586 KES per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 98,171 KES
Estimated Weekly Salary: 22,655 KES per week
Estimated Hourly Salary: 566 KES per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 7,738 USD
Estimated Monthly Salary: 645 USD
Estimated Weekly Salary: 149 USD per week
Estimated Hourly Salary: 4 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: 1,218,762 KES
Estimated Monthly Salary: 101,564 KES
Estimated Weekly Salary: 23,438 KES per week
Estimated Hourly Salary: 586 KES per hour
By working as Trust Officer Banking a person can save up to 405 USD per month or 4,858 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 Kenya, see costs of living in Kenya.
Estimated Yearly Salary for Trust Officer Banking
Last revision of data: 2025-01-04
Data as of 2025
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Trust Officer Banking salary in Kenya
Average Yearly Salary of Trust Officer Banking in Kenya is approximately 1,218,762 KES (7,738 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 Officer Banking do?
A trust officer in banking is a professional responsible for managing trusts and estates on behalf of clients. They work closely with clients to understand their financial goals and objectives, and then create and administer trust accounts accordingly. Trust officers ensure compliance with legal and regulatory requirements, and provide expert advice on estate planning, tax implications, and investment strategies. They oversee the distribution of assets, manage investments, and handle all administrative tasks related to trusts and estates. Additionally, trust officers may also act as fiduciaries, making decisions on behalf of clients when necessary.
Skills: Trust Officer, Banking, Wealth Management, Estate Planning, Fiduciary, Investment Management
Job industry: Banking
Job industry: Banking
How much does Trust Officer Banking make?
Salary details
How much does Trust Officer Banking make?Estimated Yearly Salary: 1,218,762 KES
Estimated Monthly Salary: 101,564 KES
Estimated Weekly Salary: 23,438 KES per week
Estimated Hourly Salary: 586 KES per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,178,048 KESEstimated Monthly Salary: 98,171 KES
Estimated Weekly Salary: 22,655 KES per week
Estimated Hourly Salary: 566 KES per hour
Last revision of data: 2024-01-02Trust Officer Banking estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,738 USD
Estimated Monthly Salary: 645 USD
Estimated Weekly Salary: 149 USD per week
Estimated Hourly Salary: 4 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
Kenya is a country located in East Africa. It has a diverse population of approximately 53 million people. The land area of Kenya is around 580,367 square kilometers, making it the 48th largest country in the world. It is bordered by Ethiopia to the north, Somalia to the northeast, Tanzania to the south, Uganda to the west, and South Sudan to the northwest.
Estimated national average yearly salary is 869,520 KES (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Trust Officer Banking job salary compared to average salary in Kenya.
Comparison shows that a person working as Trust Officer Banking in Kenya earns on average:
1.4 times the average salary (or 140% of average salary).
Estimated national average yearly salary is 869,520 KES (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Trust Officer Banking job salary compared to average salary in Kenya.
Comparison shows that a person working as Trust Officer Banking in Kenya earns on average:
1.4 times the average salary (or 140% of average salary).
Is Trust Officer Banking a well paid job?
Yes, our data shows that Trust Officer 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 Trust Officer Banking?
High salary for Trust Officer Banking would be somewhere between 1,340,638 KES and 1,767,205 KES. However this is an estimation based on Gaussian Distribution.How much can you save working as Trust Officer Banking in Kenya?
Living in Kenya 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: 1,218,762 KES
Estimated Monthly Salary: 101,564 KES
Estimated Weekly Salary: 23,438 KES per week
Estimated Hourly Salary: 586 KES per hour
By working as Trust Officer Banking a person can save up to 405 USD per month or 4,858 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 Kenya, see costs of living in Kenya.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ethiopia, Somalia, South Sudan, Tanzania, Uganda.. 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 Officer Banking
Ethiopia is 2,474 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 Kenya
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Data as of 2025Random salary:
Barrister (2,686,632 KES per year, pre-tax.)
Endocrinologist (3,647,588 KES per year, pre-tax.)
Computer numerically controlled (cnc), operator (445,619 KES per year, pre-tax.)
Regional service manager (1,067,948 KES per year, pre-tax.)
Event coordinator (669,530 KES per year, pre-tax.)
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