A Product Manager, Banking earns an average salary of $81,778 per year. Pay for this job rises steadily for more experienced workers, but goes down significantly for the few employees with more than 20 years' experience.

$51,739 - $122,790
MEDIAN: $81,778

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
$51,739 - $122,790  
$1,973 - $20,426  
Profit Sharing
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
$56,082 - $144,116  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 41

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Job Description for Product Manager, Banking

Banking product managers are responsible for developing and implementing effective banking products for their organization. They are in charge of creating banking service and product initiatives that can increase company profitability, as well as building customer satisfaction and brand loyalty.


Product Manager, Banking Tasks

  • Develop and management of core deposit, consumer loan and banking product lines.
  • Manage a staff of product managers and leads project teams to develop and launch products to the market.
  • Lead the business analysis, product design and development of new products and programs.
  • Develop customer and employee education for new and existing product initiatives.
  • Produce development strategies to drive product sales growth.

Product Manager, Banking Job Listings

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Pay by Experience Level for Product Manager, Banking

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Related Job Salaries

Years in Fields/Career:
United States (change)

Experience Affects Product Manager, Banking Salaries

up arrow 34%

National Average

up arrow 5%

up arrow 13%

Skills That Affect Product Manager, Banking Salaries

National Average

Microsoft Office
up arrow 1%

Microsoft Word
up arrow 5%

Microsoft Excel
up arrow 29%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.


35 %
65 %

Years of Experience

1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 88%
medical benefits
Vision: 88%
dental benefits
None: 9%