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Product Manager, Financial Services Salary

The average salary for a Product Manager, Financial Services is $82,140 per year. Most people with this job move on to other positions after 20 years in this field. A skill in Product Management is associated with high pay for this job.
$54,029 - $119,882
(Median)
54K
66K
82K
100K
120K
MEDIAN: $82,140
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
$54,029 - $119,882  
   
Bonus
$2,402 - $20,618  
Profit Sharing
$1,216 - $7,891  
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).
)
$57,843 - $137,618  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 384
United States (change)

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.

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

Related Job Salaries

Experience Affects Product Manager, Financial Services Salaries

Late-Career
up arrow 19%



National Average
$91,000


Skills That Affect Product Manager, Financial Services Salaries

Product Management
up arrow 26%

Bloomberg
up arrow 1%

Product Development
0%

National Average
$91,000

Microsoft Office
up arrow 2%

Project Management
up arrow 3%

Microsoft Excel
up arrow 4%

SQL
up arrow 9%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 87 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

Less than 1 year
2%
1-4 years
22%
5-9 years
35%
10-19 years
35%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 87%
vision benefits Vision: 73% employee benefits None: 8%