Product Manager, Financial Services Salary

The average salary for a Product Manager, Financial Services is $87,184 per year. Most people with this job move on to other positions after 20 years in this field. The highest paying skills associated with this job are Product Marketing and SQL.

$59,261 - $124,938
$59K
$88K
$120K
MEDIAN: $88,331
10%
50%
90%

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$19.33 - $49.13
$33
MEDIAN: $32.67
50%

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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.
)
$0$50K$100K$150K
Salary
$59,261 - $124,938  
   
Bonus
$2,946 - $23,897  
Profit Sharing
$0.00 - $19,574  
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).
)
$61,960 - $144,046  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 288
National Hourly Rate 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.
)
$0$25$50$75
Hourly Rate
$32.67  
   
Overtime
$43.50  
National Annualized 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.
)
$0$50K$100K$150K
Bonus
$2,946 - $23,897  
   
Profit Sharing
$0.00 - $19,574  
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).
)
$61,960 - $144,046  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 8

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Job Description for Product Manager, Financial Services

Product managers in financial services are chiefly responsible for overseeing sales associates and other financial representatives to ensure performance quotas are met. In general, these managers oversee a particular region, serving several different branches or offices of a company. Some product managers for financial services work with certain groups of clients, such as a demographic classification, rather than a particular geographic region. For example, one manager might oversee representatives selling financial products to residents of the Upper Midwest, whereas another might oversee representatives selling to retirees within a certain range of account balances.

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Product Manager, Financial Services Tasks

  • Work together with sales, marketing, and product developers to create new products and services and make sure sales goals are met.
  • Ensure products and services have clear differences from those offered by competitors.
  • Evaluate current products and services to determine needs for upgrades and improvements.
  • Identify market trends and needs, and translate them into ideas for new products and services.
  • Develop sales plans for new products which will allow the company to achieve revenue objectives.

Product Manager, Financial Services Job Listings

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Popular Employer Salaries for Product Manager, Financial Services

Popular Skills for Product Manager, Financial Services

Pay by Experience Level for Product Manager, Financial Services

Pay by Experience for a Product Manager, Financial Services has a positive trend. An entry-level Product Manager, Financial Services with less than 5 years of experience can expect to earn an average total compensation of $79,000 based on 119 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Product Manager, Financial Services with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $101,000 based on 124 salaries. An experienced Product Manager, Financial Services which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $109,000 based on 107 salaries. A Product Manager, Financial Services with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $113,000 based on 32 salaries.

Pay Difference by Location

National Average: $95,156

Larger city markers indicate a job is popular in that location.

Related Job Salaries

Key Stats for Product Manager, Financial Services

Gender

Female
41 %
Male
59 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 38 votes.
Less than 1 year
2%
1-4 years
27%
5-9 years
30%
10-19 years
31%
20 years or more
10%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Product Manager, Financial Services Salaries

▲18%

▲14%

▲6%

National Average
$95,000

▼17%

Skills That Affect Product Manager, Financial Services Salaries

Product Marketing
▲21%

SQL
▲10%

Financial Analysis
▲8%



Powerpoint
▲5%


National Average
$95,000





▼5%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 38 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
2%
1-4 years
27%
5-9 years
30%
10-19 years
31%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 89%
vision benefits
Vision: 82%
no benefits
None: 5%
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