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Deposit Operations Manager salary in Uganda

Average Yearly Salary of Deposit Operations Manager in Uganda is approximately 5,469,280 UGX (1,395 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?

occupation personasA 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


How much does Deposit Operations Manager make?

Salary details
How much does Deposit Operations Manager make?
Estimated Yearly Salary: 5,469,280 UGX
Estimated Monthly Salary: 455,773 UGX
Estimated Weekly Salary: 105,178 UGX per week
Estimated Hourly Salary: 2,629 UGX per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 5,275,939 UGX
Estimated Monthly Salary: 439,662 UGX
Estimated Weekly Salary: 101,460 UGX per week
Estimated Hourly Salary: 2,537 UGX per hour
Last revision of data: 2024-01-02



Deposit Operations Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 1,395 USD
Estimated Monthly Salary: 116 USD
Estimated Weekly Salary: 27 USD per week
Estimated Hourly Salary: 1 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

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.

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Salary comparison to National average

Uganda is a landlocked country located in East Africa. It has a population of approximately 45 million people and covers an area of about 241,038 square kilometers. The country is bordered by South Sudan to the north, Kenya to the east, Tanzania and Rwanda to the south, and the Democratic Republic of the Congo to the west.

Estimated national average yearly salary is 4,485,000 UGX (1,250 USD). Value indicated is pre-tax. Below graph shows estimated Deposit Operations Manager job salary compared to average salary in Uganda.
Comparison shows that a person working as Deposit Operations Manager in Uganda earns on average:
1.22 times the average salary (or 122% 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 6,016,208 UGX and 7,930,456 UGX. However this is an estimation based on Gaussian Distribution.

How much can you save working as Deposit Operations Manager in Uganda?

Living in Uganda the approximate monthly expenses are: 50 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: 5,469,280 UGX
Estimated Monthly Salary: 455,773 UGX
Estimated Weekly Salary: 105,178 UGX per week
Estimated Hourly Salary: 2,629 UGX per hour
By working as Deposit Operations Manager a person can save up to 66 USD per month or 795 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 Uganda, see costs of living in Uganda.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Kenya, South Sudan, Democratic Republic of the Congo, Rwanda, Tanzania.
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

Kenya is 6,696 USDup arrow 380%
Details on Deposit Operations Manager salary in Kenya
Last revision of data: 2025-01-04

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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Uganda

(50,940,232 UGX per year, pre-tax.)
(42,552,292 UGX per year, pre-tax.)
(41,077,897 UGX per year, pre-tax.)
(39,844,135 UGX per year, pre-tax.)
(39,697,505 UGX per year, pre-tax.)
(38,842,071 UGX per year, pre-tax.)
(38,812,832 UGX per year, pre-tax.)
(38,784,031 UGX per year, pre-tax.)
(38,749,803 UGX per year, pre-tax.)
(38,712,676 UGX per year, pre-tax.)

Data as of 2025

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