Average Product Manager, Banking Salary

$82,903
Avg. Salary
$9,720
Bonus
$2,500
Profit Sharing
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The average salary for a Product Manager, Banking is $82,903.
10%
$59k
MEDIAN
$83k
90%
$129k
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United States (change)
Salary
$59k - $129k
Bonus
$2k - $26k
Profit Sharing
$0 - $15k
Total Pay
$61k - $148k

Your Market Worth Over Time

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Job Description for Product Manager, Banking

Product Manager, Banking Tasks
  • 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.
  • Lead the business analysis, product design and development of new products and programs.
  • Develop customer and employee education for new and existing product initiatives.
  • Produce development strategies to drive product sales growth.

Job Satisfaction for Product Manager, Banking

3.9 out of 5
(25)
Highly Satisfied
3Reviews

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Popular Skills for Product Manager, Banking

Skills in Strategic Planning are correlated to pay that is above average. Skills that pay less than market rate include Data Analysis, Microsoft Excel, Product Development and Product Management.

Pay by Experience Level for Product Manager, Banking

An early career Product Manager, Banking with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $76,582 based on 68 salaries. A mid-career Product Manager, Banking with 5-9 years of experience earns an average total compensation of $89,340 based on 56 salaries. An experienced Product Manager, Banking with 10-19 years of experience earns an average total compensation of $98,128 based on 54 salaries. In their late career (20 years and higher), employees earn an average total compensation of $81,389.
Employees with Product Manager, Banking in their job title in New York, New York earn an average of 37.3% more than the national average. These job titles also find higher than average salaries in Charlotte, North Carolina (26.2% more) and Chicago, Illinois (2.5% more). The lowest salaries can be found in Buffalo, New York (26.4% less), Pittsburgh, Pennsylvania (14.0% less) and Minneapolis, Minnesota (3.9% less).

Years of Experience

This data is based on 188 survey responses.
Early Career
36.2%
Mid Career
29.8%
Experienced
28.7%
Late Career
5.3%

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