The salary of a Banking Product Manager in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.
As of April 01, 2025, the average annual salary for a Banking Product Manager in the United States is $79,068. According to Salary.com, salaries can range from a low of $62,164 to a high of $111,622, with most professionals earning between $70,220 and $96,108.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $96,108 | $8,009 | $1,848 | $46 |
| Average | $79,068 | $6,589 | $1,521 | $38 |
| 25th Percentile | $70,220 | $5,852 | $1,350 | $34 |
An entry-level Banking Product Manager with less than 1 year of experience earns about $75,767. With 1-2 years of experience, the average salary increases to $76,163. For 2-4 years of experience, the pay typically rises to $77,483. Senior-level professionals with 5-8 years of experience earn around $79,068, and those with over 8 years of experience can expect an average of $83,392.
| Levels | Salary |
|---|---|
| Entry Level Banking Product Manager | $75,767 |
| Intermediate Level Banking Product Manager | $76,163 |
| Senior Level Banking Product Manager | $77,483 |
| Specialist Level Banking Product Manager | $79,068 |
| Expert Level Banking Product Manager | $83,392 |
| Entry Level | 4% |
| Mid Level | 4% |
| Senior Level | 2% |
| Top Level | 0% |
| Experienced | 5% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of April 01, 2025, our research reveals a significant shift in Banking Product Manager compensation over the past six years. For example, the median salary increased from $82,397 in 2023 to approximately $82,314 in 2024. (For a detailed analysis of Banking Product Manager salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Banking Product Manager information for you to search for. Click on search button below to see Banking Product Manager job openings or enter a new job title here.
Here are companies hiring for Banking Product Manager and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $79,068 | 72.8% | ||
| Bonus | $0 | 0.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $6,049 | 5.6% | ||
| 401K/403B | $2,451 | 2.3% | ||
| Disability | $712 | 0.7% | ||
| Healthcare | $5,345 | 4.9% | ||
| Pension | $4,270 | 3.9% | ||
| Time Off | $10,644 | 9.8% | ||
| Total Compensation | $108,537 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 9.1% |
| Bachelors | 72.7% |
| Masters | 18.2% |
What Am I Worth?
The average annual salary of Banking Product Manager is $79,068. In case you are finding an easy salary calculator, the average hourly pay of Banking Product Manager is $38; the average weekly pay of Banking Product Manager is $1,521; the average monthly pay of Banking Product Manager is $6,589.
A Banking Product Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Banking Product Manager earns the most in San Jose, CA, where the annual salary of a Banking Product Manager is $99,728.
The highest pay for Banking Product Manager is $111,622.
The lowest pay for Banking Product Manager is $62,164.
Manages assigned retail banking products. Responsible for the marketability and profitability of products. Recommends strategies and goals for the pricing of products. Requires a bachelor's degree. Typically reports to a director. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Deposit Accounts: A deposit account is a bank account maintained by a financial institution in which a customer can deposit and withdraw money. Deposit accounts can be savings accounts, current accounts or any of several other types of accounts explained below.
Customer Relations: Creating mutually beneficial relationships with customers to improve their overall experience.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
