Product Manager, Banking Salary

The average pay for a Product Manager, Banking is $76,010 per year. Most people move on to other jobs if they have more than 20 years' experience in this career.

$54,892 - $111,778
MEDIAN: $76,009

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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.
$54,892 - $111,778  
$2,466 - $15,838  
Profit Sharing
$0.00 - $10,101  
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).
$56,781 - $119,491  
Country: United States | Currency: USD | Updated: 20 Sep 2015 | Individuals Reporting: 98
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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 customer and employee education for new and existing product initiatives.
  • Produce development strategies to drive product sales growth.
  • Lead the business analysis, product design and development of new products and programs.
  • 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.

Product Manager, Banking Job Listings

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Pay by Experience Level for

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

Related Job Salaries

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Experience Affects Salaries

up arrow 16%

up arrow 15%

National Average

up arrow 13%

Skills That Affect Salaries

Microsoft Office

National Average

Microsoft Excel
up arrow 2%

Microsoft Word
up arrow 4%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 20 votes.


30 %
70 %

Years of Experience

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

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 87%
vision benefits Vision: 79% employee benefits None: 5%