Home > Salary > Norway > Trust Operations Manager
A Trust Operations Manager is responsible for overseeing the daily operations and administration of trust accounts within a financial institution or wealth management firm. They ensure compliance with legal and regulatory requirements, manage client relationships, and coordinate with various internal departments to execute trust transactions accurately and efficiently. This role involves supervising a team of trust administrators, providing guidance and training as needed, and resolving complex issues related to trust account management. Trust Operations Managers also collaborate with external parties such as attorneys, accountants, and auditors to ensure the proper handling of trust assets and timely reporting to beneficiaries. Strong organizational skills, attention to detail, and knowledge of trust laws and regulations are essential for success in this role.
Estimated Yearly Salary: 1,371,577 NOK
Estimated Monthly Salary: 114,298 NOK
Estimated Weekly Salary: 26,376 NOK per week
Estimated Hourly Salary: 659 NOK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 110,699 NOK
Estimated Weekly Salary: 25,546 NOK per week
Estimated Hourly Salary: 639 NOK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 124,563 USD
Estimated Monthly Salary: 10,380 USD
Estimated Weekly Salary: 2,395 USD per week
Estimated Hourly Salary: 60 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: 1,371,577 NOK
Estimated Monthly Salary: 114,298 NOK
Estimated Weekly Salary: 26,376 NOK per week
Estimated Hourly Salary: 659 NOK per hour
By working as Trust Operations Manager a person can save up to 6,560 USD per month or 78,718 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 Norway, see costs of living in Norway.
Estimated Yearly Salary for Trust Operations Manager
Last revision of data: 2025-01-04
Data as of 2025
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Trust Operations Manager salary in Norway
Average Yearly Salary of Trust Operations Manager in Norway is approximately 1,371,577 NOK (124,563 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 Operations Manager do?
A Trust Operations Manager is responsible for overseeing the daily operations and administration of trust accounts within a financial institution or wealth management firm. They ensure compliance with legal and regulatory requirements, manage client relationships, and coordinate with various internal departments to execute trust transactions accurately and efficiently. This role involves supervising a team of trust administrators, providing guidance and training as needed, and resolving complex issues related to trust account management. Trust Operations Managers also collaborate with external parties such as attorneys, accountants, and auditors to ensure the proper handling of trust assets and timely reporting to beneficiaries. Strong organizational skills, attention to detail, and knowledge of trust laws and regulations are essential for success in this role.
Skills: Trust Operations Manager, Wealth Management, Financial Institution, Trust Account Management, Compliance, Client Relationship Management
Job industry: Banking
Job industry: Banking
How much does Trust Operations Manager make?
Salary details
How much does Trust Operations Manager make?Estimated Yearly Salary: 1,371,577 NOK
Estimated Monthly Salary: 114,298 NOK
Estimated Weekly Salary: 26,376 NOK per week
Estimated Hourly Salary: 659 NOK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,328,393 NOKEstimated Monthly Salary: 110,699 NOK
Estimated Weekly Salary: 25,546 NOK per week
Estimated Hourly Salary: 639 NOK per hour
Last revision of data: 2024-01-03Trust Operations Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 124,563 USD
Estimated Monthly Salary: 10,380 USD
Estimated Weekly Salary: 2,395 USD per week
Estimated Hourly Salary: 60 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
Compare salary to other countries
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Salary comparison to National average
Norway, located in Northern Europe, is a country known for its stunning natural landscapes, including fjords, mountains, and forests. With a population of approximately 5.4 million people, it is one of the least densely populated countries in Europe. The size of Norway is around 323,802 square kilometers, making it larger than many European countries.
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Trust Operations Manager job salary compared to average salary in Norway.
Comparison shows that a person working as Trust Operations Manager in Norway earns on average:
1.4 times the average salary (or 140% of average salary).
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Trust Operations Manager job salary compared to average salary in Norway.
Comparison shows that a person working as Trust Operations Manager in Norway earns on average:
1.4 times the average salary (or 140% of average salary).
Is Trust Operations Manager a well paid job?
Yes, our data shows that Trust 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 Trust Operations Manager?
High salary for Trust Operations Manager would be somewhere between 1,508,735 NOK and 1,988,787 NOK. However this is an estimation based on Gaussian Distribution.How much can you save working as Trust Operations Manager in Norway?
Living in Norway the approximate monthly expenses are: 3,820 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: 1,371,577 NOK
Estimated Monthly Salary: 114,298 NOK
Estimated Weekly Salary: 26,376 NOK per week
Estimated Hourly Salary: 659 NOK per hour
By working as Trust Operations Manager a person can save up to 6,560 USD per month or 78,718 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 Norway, see costs of living in Norway.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Sweden, Finland, Russia, Denmark. 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 Operations Manager
Sweden is 82,706 USD
Finland is 70,978 USD
Russia is 16,730 USD
Denmark is 95,467 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 Norway
(10,937,756 NOK per year, pre-tax.)
2. Cardiologist
(9,106,184 NOK per year, pre-tax.)
(8,829,745 NOK per year, pre-tax.)
4. Neurosurgeon
(8,566,101 NOK per year, pre-tax.)
(8,524,526 NOK per year, pre-tax.)
6. Oncologist
(8,361,766 NOK per year, pre-tax.)
7. Urologist
(8,317,150 NOK per year, pre-tax.)
(8,311,831 NOK per year, pre-tax.)
(8,311,163 NOK per year, pre-tax.)
(8,310,747 NOK per year, pre-tax.)
Data as of 2025Random salary:
Patternmaker wood (713,256 NOK per year, pre-tax.)
Photographer sports (781,118 NOK per year, pre-tax.)
Mail room supervisor (537,392 NOK per year, pre-tax.)
Pipeline locator (1,124,598 NOK per year, pre-tax.)
Jailer (498,303 NOK per year, pre-tax.)
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