Home > Salary > Monaco > Retail Banking Manager
A retail banking manager is responsible for overseeing the operations and performance of a bank branch or retail banking department. They are in charge of managing a team of customer service representatives, tellers, and other staff members to ensure efficient and effective service delivery. The retail banking manager is responsible for meeting sales targets, developing and implementing strategies to attract new customers, and maintaining relationships with existing clients. They also handle customer complaints and resolve any issues that may arise. Additionally, retail banking managers stay updated on industry trends and regulations to ensure compliance and provide guidance to their team. This occupation requires strong leadership skills, excellent communication and interpersonal abilities, and a deep understanding of financial products and services.
Estimated Yearly Salary: 299,600 EUR
Estimated Monthly Salary: 24,967 EUR
Estimated Weekly Salary: 5,762 EUR per week
Estimated Hourly Salary: 144 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 24,170 EUR
Estimated Weekly Salary: 5,578 EUR per week
Estimated Hourly Salary: 139 EUR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 299,206 USD
Estimated Monthly Salary: 24,934 USD
Estimated Weekly Salary: 5,754 USD per week
Estimated Hourly Salary: 144 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: 299,600 EUR
Estimated Monthly Salary: 24,967 EUR
Estimated Weekly Salary: 5,762 EUR per week
Estimated Hourly Salary: 144 EUR per hour
By working as Retail Banking Manager a person can save up to 17,491 USD per month or 209,888 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 Monaco, see costs of living in Monaco.
Estimated Yearly Salary for Retail Banking Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Sales development representative (sdr) (162,262 EUR per year, pre-tax.)
First-line supervisor manager of housekeeping and janitorial workers (95,329 EUR per year, pre-tax.)
Finish carpenter (148,178 EUR per year, pre-tax.)
Spot welder (82,772 EUR per year, pre-tax.)
Training director (330,511 EUR per year, pre-tax.)
Retail Banking Manager salary in Monaco
Average Yearly Salary of Retail Banking Manager in Monaco is approximately 299,600 EUR (299,206 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 Retail Banking Manager do?

Skills: Retail banking, Manager, Customer service, Sales, Team management, Compliance.
Job industry: Banking
Job industry: Banking
How much does Retail Banking Manager make?
Salary details
How much does Retail Banking Manager make?Estimated Yearly Salary: 299,600 EUR
Estimated Monthly Salary: 24,967 EUR
Estimated Weekly Salary: 5,762 EUR per week
Estimated Hourly Salary: 144 EUR per hour
Comparing salary to last year:
Estimated Yearly Salary: 290,043 EUREstimated Monthly Salary: 24,170 EUR
Estimated Weekly Salary: 5,578 EUR per week
Estimated Hourly Salary: 139 EUR per hour
Retail Banking Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 299,206 USD
Estimated Monthly Salary: 24,934 USD
Estimated Weekly Salary: 5,754 USD per week
Estimated Hourly Salary: 144 USD per hour
Difference in salary year over year or average salary increase is approximately
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
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Monaco is a small sovereign city-state located on the French Riviera. With a population of approximately 38,000 people, it is the second smallest country in the world by population. Covering an area of just 2.02 square kilometers, Monaco is also one of the most densely populated countries globally.
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Retail Banking Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as Retail Banking Manager in Monaco earns on average:
1.76 times the average salary (or 176% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Retail Banking Manager job salary compared to average salary in Monaco.
Comparison shows that a person working as Retail Banking Manager in Monaco earns on average:
1.76 times the average salary (or 176% of average salary).
Is Retail Banking Manager a well paid job?
Yes, our data shows that Retail Banking 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 Retail Banking Manager?
High salary for Retail Banking Manager would be somewhere between 329,560 EUR and 434,420 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Retail Banking Manager in Monaco?
Living in Monaco the approximate monthly expenses are: 7,443 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: 299,600 EUR
Estimated Monthly Salary: 24,967 EUR
Estimated Weekly Salary: 5,762 EUR per week
Estimated Hourly Salary: 144 EUR per hour
By working as Retail Banking Manager a person can save up to 17,491 USD per month or 209,888 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 Monaco, see costs of living in Monaco.
Salary comparison to region and neighbouring coutries
Country's neighbours are: France, Italy. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Retail Banking Manager
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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
Top 10 highest salaries in Monaco
(1,948,030 EUR per year, pre-tax.)
2. Cardiologist
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
4. Neurosurgeon
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
7. Urologist
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
9. Oncologist
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)
Random salary:
Sales development representative (sdr) (162,262 EUR per year, pre-tax.)
First-line supervisor manager of housekeeping and janitorial workers (95,329 EUR per year, pre-tax.)
Finish carpenter (148,178 EUR per year, pre-tax.)
Spot welder (82,772 EUR per year, pre-tax.)
Training director (330,511 EUR per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.

The salary data presented here are intended for informational purposes only.
optisalary.com displays salary data exclusively for reference purposes. While we endeavor for accuracy, we do not guarantee the precision of all figures. Users should verify salary details with official sources before making financial decisions. Salary estimates can vary based on multiple elements, such as company size, negotiation tactics, and industry demand. We accept no liability for errors in the salary estimates provided. By accessing this website, you acknowledge that salary data is subject to change.
Salary details presented on this website are meant for informational use exclusively. Our data is sourced through multiple sources and may not necessarily be accurate. Users must verify salary information through other means before making financial decisions. The figures listed here may change due to factors such as location, industry standards, and individual skill sets. We do not guarantee that the data provided is error-free. By accessing this website, you accept that salary information is offered 'as is' and without warranties.