The average salary for a Business Analyst, Finance/Banking in Australia is AU$82,612.
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What Do Business Analyst, Finance/Bankings Do?
A business analyst is someone who scrutinizes the financial aspects of the business and determines if there are any changes that could be made to make the business more successful. A successful analyst needs a detailed mind that is able to analyze data and come to conclusions based on this data. Based on these conclusions the analyst makes recommendations and changes to improve the business.
A business analyst requires essentially two overarching goals. One is to be able to gather, analyze and…Read more
Popular Employer Salaries for Business Analyst, Finance/Banking
The top respondents for the job title Business Analyst, Finance/Banking are from the companies National Australia Bank, Westpac Banking Corp and Commonwealth Bank of Australia. Reported salaries are highest at ANZ Banking Corporation where the average pay is AU$96,809. Other companies that offer high salaries for this role include Westpac Banking Corp and Telstra Corporation Ltd, earning around AU$88,151 and AU$82,424, respectively. National Australia Bank pays the lowest at around AU$79,683. Commonwealth Bank of Australia and Macquarie Bank also pay on the lower end of the scale, paying AU$80,677 and AU$81,926, respectively.
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Business Analyst, Finance/Banking
Somewhat common (8 - 20%)
Business Analyst, Finance/Banking Job Listings
What Are Popular Skills for Business Analyst, Finance/Bankings?
Skills in Data Analysis and Requirements Analysis are correlated to pay that is above average. Skills that pay less than market rate include Financial Analysis, Business Analysis and Microsoft Excel.
What is the Pay by Experience Level for Business Analyst, Finance/Bankings?
An entry-level Business Analyst, Finance/Banking with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of AU$68,100 based on 18 salaries. An early career Business Analyst, Finance/Banking with 1-4 years of experience earns an average total compensation of AU$76,661 based on 174 salaries. A mid-career Business Analyst, Finance/Banking with 5-9 years of experience earns an average total compensation of AU$92,565 based on 89 salaries. An experienced Business Analyst, Finance/Banking with 10-19 years of experience earns an average total compensation of AU$96,269 based on 66 salaries. In their late career (20 years and higher), employees earn an average total compensation of AU$92,432.
Pay Difference by Location
Employees with Business Analyst, Finance/Banking in their job title in Melbourne, Victoria earn an average of 2.2% more than the national average. These job titles also find higher than average salaries in Sydney, New South Wales (1.8% more). The lowest salaries can be found in Perth, Western Australia (12.8% less), Brisbane, Queensland (9.7% less) and Adelaide, South Australia (8.0% less).
Years of Experience
This data is based on 362 survey responses.