🇮🇸 Market Updated March 2, 2026

Banking Salaries in Iceland

Explore comprehensive salary data, career paths, and job opportunities in the banking sector across Iceland based on real-time market data.

Avg Category Salary / year
8,536,028 ISK
Highest Salary / year
18,121,700 ISK
Entry Level / year
2,688,800 ISK

Job Roles & Compensation

Job TitleSalary / year (ISK)Salary / year (USD)National Tier
International Banking Manager 18,121,700 ISK $129,403.12 Middle 40%
Bank Regional Manager 17,519,700 ISK $125,104.37 Middle 40%
Capital Risk Manager 16,679,800 ISK $119,106.83 Middle 40%
Bank Operations Head 16,439,200 ISK $117,388.75 Middle 40%
Bank Manager 16,079,800 ISK $114,822.36 Middle 40%
Bank Operational Risk Manager 16,079,800 ISK $114,822.36 Middle 40%
Internal Bank Audit Manager 16,079,800 ISK $114,822.36 Middle 40%
Credit Portfolio Manager 15,838,200 ISK $113,097.14 Middle 40%
Cash Management Manager 15,719,900 ISK $112,252.39 Middle 40%
Online Banking Manager 15,360,400 ISK $109,685.28 Middle 40%
Mortgage Operations Manager 14,400,800 ISK $102,832.98 Middle 40%
Bank Project Manager 13,561,900 ISK $96,842.58 Middle 40%
Bank Branch Manager 13,319,300 ISK $95,110.23 Middle 40%
Financial Banking Analysis Manager 13,079,500 ISK $93,397.87 Middle 40%
Fraud Detection Manager 13,079,500 ISK $93,397.87 Middle 40%
Assistant Bank Manager 12,958,200 ISK $92,531.69 Middle 40%
Foreign Exchange Manager 12,958,200 ISK $92,531.69 Middle 40%
Investment Banking Analyst 12,958,200 ISK $92,531.69 Middle 40%
Bank Relationship Manager 12,841,200 ISK $91,696.22 Middle 40%
Banking Business Planning Executive 12,721,300 ISK $90,840.04 Middle 40%
Credit and Collections Manager 12,121,000 ISK $86,553.43 Middle 40%
Financial Banking Systems Manager 12,121,000 ISK $86,553.43 Middle 40%
Bank Propositions Manager 11,953,700 ISK $85,358.77 Middle 40%
Loans Manager 11,712,900 ISK $83,639.27 Middle 40%
Check Processing Manager 11,626,700 ISK $83,023.74 Middle 40%
AML Analyst 11,557,500 ISK $82,529.6 Middle 40%
Financial Bank Planning Consultant 11,470,100 ISK $81,905.49 Middle 40%
Cards Marketing Manager 10,992,900 ISK $78,497.91 Middle 40%
ATM Manager 10,966,400 ISK $78,308.68 Middle 40%
Mortgage Funding Manager 10,788,900 ISK $77,041.19 Middle 40%
Bank Programme Manager 10,691,100 ISK $76,342.82 Middle 40%
Mortgage Development Manager 10,691,100 ISK $76,342.82 Middle 40%
Banking Product Manager 10,523,700 ISK $75,147.45 Middle 40%
Bank Product Manager 10,450,100 ISK $74,621.89 Middle 40%
Loan Area Manager 10,333,800 ISK $73,791.42 Middle 40%
Loan Collection Manager 10,177,900 ISK $72,678.17 Middle 40%
Loan Collection and Recovery Manager 10,162,800 ISK $72,570.35 Middle 40%
Bank Operations Specialist 10,032,600 ISK $71,640.62 Middle 40%
Mortgage Collection Manager 9,828,800 ISK $70,185.32 Middle 40%
Assistant Bank Branch Manager 9,792,100 ISK $69,923.26 Middle 40%
Bank Auditing Manager 9,720,400 ISK $69,411.26 Middle 40%
Trade Product Manager 9,695,200 ISK $69,231.32 Middle 40%
Loan Audit Team Leader 9,673,100 ISK $69,073.5 Middle 40%
Bank Accounts Manager 9,649,800 ISK $68,907.12 Middle 40%
Credit Risk Analyst 9,610,800 ISK $68,628.63 Middle 40%
Loan Branch Manager 9,576,900 ISK $68,386.56 Middle 40%
Mortgage Processing Manager 9,528,200 ISK $68,038.8 Middle 40%
Loan Review Manager 9,517,400 ISK $67,961.68 Middle 40%
Loan Quality Assurance Manager 9,466,400 ISK $67,597.5 Middle 40%
Mortgage Quality Assurance Manager 9,346,600 ISK $66,742.04 Middle 40%
Mortgage Credit Manager 9,335,200 ISK $66,660.63 Middle 40%
Exchange Control Consultant 9,311,400 ISK $66,490.68 Middle 40%
Credit Card Fraud Investigator 9,239,600 ISK $65,977.98 Middle 40%
Corporate Dealer 9,215,300 ISK $65,804.45 Middle 40%
Bank Process Manager 9,191,000 ISK $65,630.93 Middle 40%
Mortgage Servicing Manager 9,154,500 ISK $65,370.29 Middle 40%
Credit Risk Associate 9,106,400 ISK $65,026.82 Middle 40%
Loan Processing Manager 9,094,100 ISK $64,938.99 Middle 40%
Bank Regional Risk Officer 9,036,900 ISK $64,530.54 Middle 40%
Fraud Analyst 8,988,700 ISK $64,186.35 Middle 40%
Banking Reference Data Manager 8,952,900 ISK $63,930.71 Middle 40%
Banking Business Analyst 8,701,100 ISK $62,132.66 Middle 40%
Commercial Vault Associate 8,626,600 ISK $61,600.68 Middle 40%
Executive Account Analyst 8,568,100 ISK $61,182.94 Middle 40%
Internal Bank Auditor 8,554,100 ISK $61,082.97 Middle 40%
Loan Quality Assurance Auditor 8,521,700 ISK $60,851.61 Middle 40%
Loan Team Leader 8,496,400 ISK $60,670.95 Middle 40%
Banking Risk Analyst 8,425,800 ISK $60,166.81 Middle 40%
Loan Analyst 8,411,800 ISK $60,066.84 Middle 40%
Bank Accounts Executive 8,329,200 ISK $59,477.01 Middle 40%
Mortgage Quality Assurance Auditor 8,172,900 ISK $58,360.9 Middle 40%
Budget Analyst 8,062,900 ISK $57,575.42 Middle 40%
Bank Quantitative Analyst 8,038,700 ISK $57,402.61 Middle 40%
Treasury Operations Officer 7,967,200 ISK $56,892.04 Middle 40%
Fraud Detection Supervisor 7,741,200 ISK $55,278.23 Middle 40%
Bank Compliance Specialist 7,703,700 ISK $55,010.45 Middle 40%
Credit Analyst 6,958,900 ISK $49,691.99 Middle 40%
Reconciliation and Investigation Specialist 6,745,700 ISK $48,169.58 Middle 40%
Personal Banking Advisor 6,577,500 ISK $46,968.5 Middle 40%
Corporate Banker 6,493,000 ISK $46,365.1 Middle 40%
Fraud Detection Associate 6,420,700 ISK $45,848.82 Middle 40%
Bank Operations Officer 6,360,600 ISK $45,419.66 Middle 40%
Private Banker 6,360,600 ISK $45,419.66 Middle 40%
Direct Bank Sales Representative 6,335,800 ISK $45,242.57 Middle 40%
Loan Quality Assurance Representative 6,311,900 ISK $45,071.91 Middle 40%
Personal Banker 6,311,900 ISK $45,071.91 Middle 40%
Internal Private Banker 6,274,900 ISK $44,807.7 Middle 40%
Bank Branch Operations Coordinator 5,952,700 ISK $42,506.94 Middle 40%
Bankruptcy Coordinator 5,952,700 ISK $42,506.94 Middle 40%
Mortgage Advisor 5,833,500 ISK $41,655.76 Middle 40%
Bank Relationship Officer 5,794,900 ISK $41,380.12 Middle 40%
Banker 5,761,400 ISK $41,140.91 Middle 40%
Banking Business Development Officer 5,639,700 ISK $40,271.87 Middle 40%
Bank Accounts Controller 5,614,600 ISK $40,092.64 Middle 40%
Tax Officer 5,256,700 ISK $37,536.95 Middle 40%
Loan Business Development Officer 5,161,100 ISK $36,854.29 Middle 40%
Bank Accounts Analyst 4,654,300 ISK $33,235.34 Bottom 50%
Banking Technical Analyst 4,594,300 ISK $32,806.9 Bottom 50%
Mortgage Credit Analyst 4,450,400 ISK $31,779.34 Bottom 50%
Financial Banking Assistant 4,249,700 ISK $30,346.18 Bottom 50%
Phone Banker 4,249,700 ISK $30,346.18 Bottom 50%
Trader 4,056,200 ISK $28,964.44 Bottom 50%
Loan Processor 3,792,300 ISK $27,079.99 Bottom 50%
Mortgage Processor 3,745,100 ISK $26,742.95 Bottom 50%
Bank Client Service Associate 3,696,900 ISK $26,398.76 Bottom 50%
Loan Examiner 3,685,200 ISK $26,315.21 Bottom 50%
Mortgage Document Reviewer 3,635,200 ISK $25,958.17 Bottom 50%
Mortgage Underwriter 3,490,200 ISK $24,922.76 Bottom 50%
Trade Officer 3,385,800 ISK $24,177.26 Bottom 50%
Loan Officer 3,373,200 ISK $24,087.29 Bottom 50%
Mortgage Payment Processing Clerk 3,156,400 ISK $22,539.17 Bottom 50%
Payment Processing Clerk 3,118,900 ISK $22,271.39 Bottom 50%
Bill and Account Collector 3,094,100 ISK $22,094.3 Bottom 50%
Bank Teller 3,061,300 ISK $21,860.08 Bottom 50%
ATM Service Technician 3,023,200 ISK $21,588.01 Bottom 50%
Loan Clerk 3,013,500 ISK $21,518.75 Bottom 50%
Teller 2,987,000 ISK $21,329.52 Bottom 50%
Mortgage Servicing Clerk 2,893,600 ISK $20,662.57 Bottom 50%
Bank Accounts Collector 2,878,300 ISK $20,553.31 Bottom 50%
Bank Clerk 2,807,200 ISK $20,045.6 Bottom 50%
Loan Collector 2,773,700 ISK $19,806.39 Bottom 50%
Mortgage Collector 2,734,500 ISK $19,526.47 Bottom 50%
Bank Collector 2,688,800 ISK $19,200.14 Bottom 50%

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