Average Private Banker Salary in South Africa

Average Private Banker Salary in South Africa

R416,320
Avg. Base Salary (ZAR)
10%
ZAR 290k
MEDIAN
ZAR 416k
90%
ZAR 563k

The average salary for a Private Banker is R416,320

Base Salary
R290k - R563k
Bonus
R10k - R102k
Profit Sharing
R497 - R148k
Total Pay
R295k - R620k
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What Do Private Bankers Do?

Private Banker Tasks
  • Manage full banking relationships with clients and monitor changing client needs.
  • Monitor loan portfolio and resolve loan delinquencies, overdrafts, and loan and deposit maturities.
  • Recommend solutions to credit problems, approve loan requests, and assist senior lenders.
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Gender Breakdown

Female
57.9%
Male
42.1%
This data is based on 114 survey responses. Learn more about the gender pay gap.

Common Health Benefits

Medical

62%

Dental

10%

Vision

10%

None

38%