Home > Salary > New Zealand > 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: 155,948 NZD
Estimated Monthly Salary: 12,996 NZD
Estimated Weekly Salary: 2,999 NZD per week
Estimated Hourly Salary: 75 NZD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 12,589 NZD
Estimated Weekly Salary: 2,905 NZD per week
Estimated Hourly Salary: 73 NZD per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 78,275 USD
Estimated Monthly Salary: 6,523 USD
Estimated Weekly Salary: 1,505 USD per week
Estimated Hourly Salary: 38 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: 155,948 NZD
Estimated Monthly Salary: 12,996 NZD
Estimated Weekly Salary: 2,999 NZD per week
Estimated Hourly Salary: 75 NZD per hour
By working as Retail Banking Manager a person can save up to 4,585 USD per month or 55,014 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 New Zealand, see costs of living in New Zealand.
Estimated Yearly Salary for Retail Banking Manager
Last revision of data: 2025-01-04
Data as of 2025
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Retail Banking Manager salary in New Zealand
Average Yearly Salary of Retail Banking Manager in New Zealand is approximately 155,948 NZD (78,275 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?
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.
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: 155,948 NZD
Estimated Monthly Salary: 12,996 NZD
Estimated Weekly Salary: 2,999 NZD per week
Estimated Hourly Salary: 75 NZD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 151,070 NZDEstimated Monthly Salary: 12,589 NZD
Estimated Weekly Salary: 2,905 NZD per week
Estimated Hourly Salary: 73 NZD per hour
Last revision of data: 2024-01-07Retail Banking Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 78,275 USD
Estimated Monthly Salary: 6,523 USD
Estimated Weekly Salary: 1,505 USD per week
Estimated Hourly Salary: 38 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
New Zealand, a beautiful island country in the southwestern Pacific Ocean, is known for its stunning landscapes, diverse wildlife, and vibrant Maori culture. With a population of around 5 million people, it is sparsely populated compared to its size. The country covers an area of approximately 268,000 square kilometers and consists of two main islands, the North Island and the South Island, along with numerous smaller islands.
Estimated national average yearly salary is 80,807 NZD (48,460 USD). Value indicated is pre-tax. Below graph shows estimated Retail Banking Manager job salary compared to average salary in New Zealand.
Comparison shows that a person working as Retail Banking Manager in New Zealand earns on average:
1.93 times the average salary (or 193% of average salary).
Estimated national average yearly salary is 80,807 NZD (48,460 USD). Value indicated is pre-tax. Below graph shows estimated Retail Banking Manager job salary compared to average salary in New Zealand.
Comparison shows that a person working as Retail Banking Manager in New Zealand earns on average:
1.93 times the average salary (or 193% 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 171,543 NZD and 226,125 NZD. However this is an estimation based on Gaussian Distribution.How much can you save working as Retail Banking Manager in New Zealand?
Living in New Zealand the approximate monthly expenses are: 1,938 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: 155,948 NZD
Estimated Monthly Salary: 12,996 NZD
Estimated Weekly Salary: 2,999 NZD per week
Estimated Hourly Salary: 75 NZD per hour
By working as Retail Banking Manager a person can save up to 4,585 USD per month or 55,014 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 New Zealand, see costs of living in New Zealand.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Australia, Fiji, New Caledonia, Tonga, Samoa. 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
Australia is 97,433 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 New Zealand
(1,008,623 NZD per year, pre-tax.)
2. Cardiologist
(843,890 NZD per year, pre-tax.)
(810,735 NZD per year, pre-tax.)
(786,864 NZD per year, pre-tax.)
5. Neurosurgeon
(786,039 NZD per year, pre-tax.)
(769,764 NZD per year, pre-tax.)
7. Oncologist
(768,008 NZD per year, pre-tax.)
(767,682 NZD per year, pre-tax.)
(767,202 NZD per year, pre-tax.)
(766,991 NZD per year, pre-tax.)
Data as of 2025Random salary:
Children's ministry director (67,924 NZD per year, pre-tax.)
Ceo (general) (2,304,681 NZD per year, pre-tax.)
Bi developer (117,979 NZD per year, pre-tax.)
Staffing manager (91,910 NZD per year, pre-tax.)
Account receivable assistant (65,498 NZD per year, pre-tax.)
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Salary details displayed on optisalary.com are intended for informational purposes only. Our data is sourced through multiple inputs and may not necessarily be accurate. Users must verify salary information through other means before making financial decisions. The figures listed here may fluctuate due to factors such as location, industry standards, and individual skill sets. We cannot guarantee that the data displayed is flawless. By accessing optisalary.com, you accept that salary information is presented 'as is' and without warranties.
Salary details displayed on optisalary.com are meant for informational purposes exclusively. Our data is sourced through various sources and may not necessarily be up to date. Users should verify salary information through other means before making employment commitments. The figures shown here may change due to factors such as location, industry standards, and individual skill sets. We do not warrant that the information displayed is error-free. By accessing optisalary.com, you agree that salary information is presented 'as is' and without assurances.