Product Manager, Banking Salary

The average salary for a Product Manager, Banking is $84,969 per year. A skill in Product Management is associated with high pay for this job. Pay for this job rises steadily for more experienced workers, but goes down significantly for the few employees with more than 20 years' experience.

$54,331 - $121,906
$54K
$82K
$120K
MEDIAN: $82,008
10%
50%
90%

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$0$132K
Salary $54,331 - $121,906
Bonus $2,525 - $25,342
Profit Sharing $0.00 - $14,681
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).
)
$56,829 - $132,066
  • Country: United States
  • Currency: USD
  • Updated: 22 Jan 2018
  • Individuals Reporting: 115

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.

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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.

Product Manager, Banking Job Listings

Pay by Experience Level for Product Manager, Banking

Pay by Experience for a Product Manager, Banking has a neutral trend. An entry-level Product Manager, Banking with less than 5 years of experience can expect to earn an average total compensation of $80,000 based on 21 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Product Manager, Banking with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $104,000 based on 21 salaries. An experienced Product Manager, Banking which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $113,000 based on 19 salaries. A Product Manager, Banking with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $80,000 based on 7 salaries.

Related Job Salaries

Key Stats for Product Manager, Banking

Gender

Female
40 %
Male
60 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 14 votes.
Less than 1 year
1%
1-4 years
32%
5-9 years
30%
10-19 years
30%
20 years or more
7%

Experience Affects Product Manager, Banking Salaries

Experienced
▲32%

▲21%

National Average
$86,000

Entry-Level
▼7%

Late-Career
▼7%

Skills That Affect Product Manager, Banking Salaries

Product Management
▲29%

National Average
$86,000

Microsoft Office
▼2%

Microsoft Word
▼6%

Product Development
▼7%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 14 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

Less than 1 year
1%
1-4 years
32%
5-9 years
30%
10-19 years
30%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 81%
vision benefits
Vision: 79%
no benefits
None: 11%