Home > Salary > Malaysia > Deposit Operations Manager
A Deposit Operations Manager is responsible for overseeing the day-to-day operations of a financial institution's deposit accounts. They ensure that all transactions related to deposits, withdrawals, and transfers are processed accurately and efficiently. This role involves managing a team of deposit operations staff, monitoring account activity, reconciling discrepancies, and ensuring compliance with banking regulations and policies. The Deposit Operations Manager also collaborates with other departments such as customer service, risk management, and IT to streamline processes and improve customer experience. Strong analytical skills, attention to detail, and knowledge of banking procedures are essential for this role.
Estimated Yearly Salary: 99,165 MYR
Estimated Monthly Salary: 8,264 MYR
Estimated Weekly Salary: 1,907 MYR per week
Estimated Hourly Salary: 48 MYR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 7,994 MYR
Estimated Weekly Salary: 1,845 MYR per week
Estimated Hourly Salary: 46 MYR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 19,862 USD
Estimated Monthly Salary: 1,655 USD
Estimated Weekly Salary: 382 USD per week
Estimated Hourly Salary: 10 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: 99,165 MYR
Estimated Monthly Salary: 8,264 MYR
Estimated Weekly Salary: 1,907 MYR per week
Estimated Hourly Salary: 48 MYR per hour
By working as Deposit Operations Manager a person can save up to 944 USD per month or 11,328 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 Malaysia, see costs of living in Malaysia.
Estimated Yearly Salary for Deposit Operations Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Deposit Operations Manager salary in Malaysia
Average Yearly Salary of Deposit Operations Manager in Malaysia is approximately 99,165 MYR (19,862 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 Deposit Operations Manager do?
A Deposit Operations Manager is responsible for overseeing the day-to-day operations of a financial institution's deposit accounts. They ensure that all transactions related to deposits, withdrawals, and transfers are processed accurately and efficiently. This role involves managing a team of deposit operations staff, monitoring account activity, reconciling discrepancies, and ensuring compliance with banking regulations and policies. The Deposit Operations Manager also collaborates with other departments such as customer service, risk management, and IT to streamline processes and improve customer experience. Strong analytical skills, attention to detail, and knowledge of banking procedures are essential for this role.
Skills: Deposit Operations Manager, Banking, Financial Services, Account Management, Compliance, Team Leadership
Job industry: Banking
Job industry: Banking
How much does Deposit Operations Manager make?
Salary details
How much does Deposit Operations Manager make?Estimated Yearly Salary: 99,165 MYR
Estimated Monthly Salary: 8,264 MYR
Estimated Weekly Salary: 1,907 MYR per week
Estimated Hourly Salary: 48 MYR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 95,930 MYREstimated Monthly Salary: 7,994 MYR
Estimated Weekly Salary: 1,845 MYR per week
Estimated Hourly Salary: 46 MYR per hour
Last revision of data: 2024-01-08Deposit Operations Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 19,862 USD
Estimated Monthly Salary: 1,655 USD
Estimated Weekly Salary: 382 USD per week
Estimated Hourly Salary: 10 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
Malaysia is a Southeast Asian country located on the Malay Peninsula and the island of Borneo. It has a diverse population consisting of various ethnic groups, including Malays, Chinese, Indians, and indigenous tribes. Malaysia has an estimated population of around 32 million people. The country covers an area of approximately 330,803 square kilometers, making it the 66th largest country in the world.
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Deposit Operations Manager job salary compared to average salary in Malaysia.
Comparison shows that a person working as Deposit Operations Manager in Malaysia earns on average:
1.27 times the average salary (or 127% of average salary).
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Deposit Operations Manager job salary compared to average salary in Malaysia.
Comparison shows that a person working as Deposit Operations Manager in Malaysia earns on average:
1.27 times the average salary (or 127% of average salary).
Is Deposit Operations Manager a well paid job?
Yes, our data shows that Deposit Operations 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 Deposit Operations Manager?
High salary for Deposit Operations Manager would be somewhere between 109,082 MYR and 143,789 MYR. However this is an estimation based on Gaussian Distribution.How much can you save working as Deposit Operations Manager in Malaysia?
Living in Malaysia the approximate monthly expenses are: 711 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: 99,165 MYR
Estimated Monthly Salary: 8,264 MYR
Estimated Weekly Salary: 1,907 MYR per week
Estimated Hourly Salary: 48 MYR per hour
By working as Deposit Operations Manager a person can save up to 944 USD per month or 11,328 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 Malaysia, see costs of living in Malaysia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Thailand, Indonesia, Singapore, Brunei, Vietnam, Philippines. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Deposit Operations Manager
Thailand is 8,073 USD
Indonesia is 11,835 USD
Singapore is 74,854 USD
Brunei is 35,004 USD
Vietnam is 4,466 USD
Philippines is 4,423 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 Malaysia
(927,752 MYR per year, pre-tax.)
2. Cardiologist
(770,656 MYR per year, pre-tax.)
(748,723 MYR per year, pre-tax.)
(724,417 MYR per year, pre-tax.)
5. Neurosurgeon
(722,312 MYR per year, pre-tax.)
6. Urologist
(706,560 MYR per year, pre-tax.)
(706,212 MYR per year, pre-tax.)
(704,735 MYR per year, pre-tax.)
(704,523 MYR per year, pre-tax.)
10. Dermatologist
(703,305 MYR per year, pre-tax.)
Data as of 2025Random salary:
Asbestos removal worker (66,328 MYR per year, pre-tax.)
Hospitalist advanced registered nurse practitioner (arnp) (133,826 MYR per year, pre-tax.)
Family law attorney (91,281 MYR per year, pre-tax.)
Implementation manager (134,042 MYR per year, pre-tax.)
Assistant to the vice president (80,607 MYR per year, pre-tax.)
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