Product Manager, Financial Services Salary (United States)

The average pay for a Product Manager, Financial Services is $82,230 per year. Pay for this job rises steadily for more experienced workers, but goes down noticeably for employees with more than 20 years' experience. A skill in Financial Analysis is associated with high pay for this job. Most people with this job move on to other positions after 20 years in this field.
Product Manager, Financial Services Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$53,246 - $118,549
(Median)
53K
66K
82K
98K
120K
MEDIAN: $82,230
10%
25%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$53,246 - $118,549  
   
Bonus
$1,750 - $24,658  
Profit Sharing
$1,200 - $9,000  
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).
)
$57,401 - $138,063  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 370
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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
  • 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.
  • Evaluate current products and services to determine needs for upgrades and improvements.
  • 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.
Read more about: Marketing Managers

Product Manager, Financial Services Job Listings

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Popular Skills for Product Manager, Financial Services

Pay by Experience Level for Product Manager, Financial Services

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

Pay Difference By Location

up arrow 19%
Boston
up arrow 8%
Charlotte
up arrow 7%
Chicago
up arrow 4%
National Average
$91,000
Minneapolis
up arrow 4%
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

Experience Affects Product Manager, Financial Services Salaries

Late-Career
up arrow 7%
National Average
$91,000

Skills That Affect Product Manager, Financial Services Salaries

Financial Analysis
up arrow 53%
Bloomberg
up arrow 1%
National Average
$91,000
Project Management
up arrow 1%
Microsoft Office
up arrow 2%
Microsoft Excel
up arrow 3%
Product Development
up arrow 8%
SQL
up arrow 9%
Data Analysis
up arrow 18%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 103 votes.

Gender

Female
38%
female alumni
 
Male
62%
male alumni

Years of Experience

Less than 1 year
1%
1-4 years
22%
5-9 years
34%
10-19 years
36%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 87%
vision benefits Vision: 74% employee benefits None: 8%
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