A person working in Banking in Dortmund typically earns around 4,020 EUR. Salaries range from 1,260 EUR (lowest average) to 8,210 EUR (highest average, actual maximum salary is higher).
The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Banking domain in Dortmund exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.
| Job Title | Average Salary |
| Banking | |
| AML Analyst | 5,310 EUR |
| Assistant Bank Branch Manager | 4,540 EUR |
| Assistant Bank Manager | 5,890 EUR |
| ATM Manager | 5,420 EUR |
| ATM Service Technician | 1,470 EUR |
| Bank Accounts Analyst | 1,970 EUR |
| Bank Accounts Collector | 1,270 EUR |
| Bank Accounts Controller | 2,650 EUR |
| Bank Accounts Executive | 3,880 EUR |
| Bank Accounts Manager | 4,430 EUR |
| Bank Auditing Manager | 4,690 EUR |
| Bank Branch Manager | 6,290 EUR |
| Bank Branch Operations Coordinator | 2,770 EUR |
| Bank Clerk | 1,210 EUR |
| Bank Client Service Associate | 1,790 EUR |
| Bank Collector | 1,330 EUR |
| Bank Compliance Specialist | 3,260 EUR |
| Bank Manager | 7,270 EUR |
| Bank Operational Risk Manager | 7,310 EUR |
| Bank Operations Head | 7,640 EUR |
| Bank Operations Officer | 2,830 EUR |
| Bank Operations Specialist | 4,480 EUR |
| Bank Process Manager | 4,090 EUR |
| Bank Product Manager | 4,800 EUR |
| Bank Programme Manager | 4,960 EUR |
| Bank Project Manager | 5,970 EUR |
| Bank Propositions Manager | 5,430 EUR |
| Bank Quantitative Analyst | 3,900 EUR |
| Bank Regional Manager | 7,820 EUR |
| Bank Regional Risk Officer | 3,770 EUR |
| Bank Relationship Manager | 5,650 EUR |
| Bank Relationship Officer | 2,570 EUR |
| Bank Sustainability Analyst | 4,520 EUR |
| Bank Teller | 1,350 EUR |
| Banker | 2,750 EUR |
| Banking Business Analyst | 3,930 EUR |
| Banking Business Development Officer | 2,520 EUR |
| Banking Business Planning Executive | 5,600 EUR |
| Banking Data Analyst | 4,580 EUR |
| Banking Product Manager | 4,790 EUR |
| Banking Reference Data Manager | 4,430 EUR |
| Banking Regulatory Compliance Officer | 4,630 EUR |
| Banking Risk Analyst | 3,640 EUR |
| Banking Technical Analyst | 1,980 EUR |
| Bankruptcy Coordinator | 2,630 EUR |
| Bill and Account Collector | 1,410 EUR |
| Blockchain Analyst | 3,270 EUR |
| Blockchain Architect | 3,740 EUR |
| Blockchain Auditor | 3,270 EUR |
| Blockchain Compliance Analyst | 3,680 EUR |
| Blockchain Consultant | 3,800 EUR |
| Blockchain Trade Facilitator | 3,070 EUR |
| Budget Analyst | 3,690 EUR |
| Capital Risk Manager | 7,340 EUR |
| Cards Marketing Manager | 4,650 EUR |
| Cash Management Manager | 6,930 EUR |
| Check Processing Manager | 5,060 EUR |
| Chief Blockchain Officer | 4,350 EUR |
| Commercial Vault Associate | 3,620 EUR |
| Corporate Banker | 2,860 EUR |
| Corporate Dealer | 3,880 EUR |
| Credit Analyst | 2,910 EUR |
| Credit and Collections Manager | 4,980 EUR |
| Credit Card Fraud Investigator | 4,160 EUR |
| Credit Portfolio Manager | 6,900 EUR |
| Credit Risk Analyst | 4,230 EUR |
| Credit Risk Associate | 4,000 EUR |
| Cryptocurrency Accountant | 2,390 EUR |
| Cryptocurrency Adviser | 4,570 EUR |
| Cryptocurrency Analyst | 3,730 EUR |
| Cryptocurrency Compliance Manager | 4,570 EUR |
| Cryptocurrency Trader | 4,040 EUR |
| Digital Banking Manager | 5,120 EUR |
| Digital Currency Analyst | 3,860 EUR |
| Direct Bank Sales Representative | 2,810 EUR |
| Exchange Control Consultant | 4,260 EUR |
| Executive Account Analyst | 3,760 EUR |
| Financial Bank Planning Consultant | 4,790 EUR |
| Financial Banking Analysis Manager | 5,680 EUR |
| Financial Banking Assistant | 1,820 EUR |
| Financial Banking Systems Manager | 5,110 EUR |
| Foreign Exchange Manager | 5,390 EUR |
| Fraud Analyst | 4,280 EUR |
| Fraud Detection Associate | 2,910 EUR |
| Fraud Detection Manager | 6,270 EUR |
| Fraud Detection Supervisor | 3,470 EUR |
| Internal Bank Audit Manager | 7,040 EUR |
| Internal Bank Auditor | 3,690 EUR |
| Internal Private Banker | 2,890 EUR |
| International Banking Manager | 7,680 EUR |
| Investment Banking Analyst | 5,730 EUR |
| Loan Analyst | 3,970 EUR |
| Loan Area Manager | 4,470 EUR |
| Loan Audit Team Leader | 4,190 EUR |
| Loan Branch Manager | 4,520 EUR |
| Loan Business Development Officer | 2,410 EUR |
| Loan Clerk | 1,390 EUR |
| Loan Collection and Recovery Manager | 4,560 EUR |
| Loan Collection Manager | 4,630 EUR |
| Loan Collector | 1,230 EUR |
| Loan Examiner | 1,610 EUR |
| Loan Officer | 1,540 EUR |
| Loan Processing Manager | 4,340 EUR |
| Loan Processor | 1,790 EUR |
| Loan Quality Assurance Auditor | 3,960 EUR |
| Loan Quality Assurance Manager | 4,350 EUR |
| Loan Quality Assurance Representative | 2,860 EUR |
| Loan Review Manager | 4,250 EUR |
| Loan Team Leader | 3,740 EUR |
| Loans Manager | 4,960 EUR |
| Mortgage Advisor | 2,810 EUR |
| Mortgage Collection Manager | 4,670 EUR |
| Mortgage Collector | 1,290 EUR |
| Mortgage Credit Analyst | 2,060 EUR |
| Mortgage Credit Manager | 4,270 EUR |
| Mortgage Development Manager | 4,820 EUR |
| Mortgage Document Reviewer | 1,620 EUR |
| Mortgage Funding Manager | 5,240 EUR |
| Mortgage Operations Manager | 6,530 EUR |
| Mortgage Payment Processing Clerk | 1,420 EUR |
| Mortgage Processing Manager | 4,570 EUR |
| Mortgage Processor | 1,770 EUR |
| Mortgage Quality Assurance Auditor | 4,000 EUR |
| Mortgage Quality Assurance Manager | 4,520 EUR |
| Mortgage Servicing Clerk | 1,350 EUR |
| Mortgage Servicing Manager | 4,230 EUR |
| Mortgage Underwriter | 1,670 EUR |
| Online Banking Manager | 6,440 EUR |
| Open Banking Strategist | 4,060 EUR |
| Payment Processing Clerk | 1,430 EUR |
| Personal Banker | 2,800 EUR |
| Personal Banking Advisor | 2,920 EUR |
| Phone Banker | 1,860 EUR |
| Private Banker | 2,880 EUR |
| Reconciliation and Investigation Specialist | 3,230 EUR |
| Tax Officer | 2,230 EUR |
| Teller | 1,300 EUR |
| Trade Officer | 1,520 EUR |
| Trade Product Manager | 4,750 EUR |
| Trader | 1,960 EUR |
| Treasury Operations Officer | 3,560 EUR |
| Wealth Management Advisor | 5,500 EUR |
Salaries in Banking in Dortmund range from 1,260 EUR (starting average salary) to 8,210 EUR (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.
The median income in the field of Banking is 3,500 EUR, implying that half of the workforce in Dortmund earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.
Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Banking in Dortmund earn less than 2,610 EUR, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 4,310 EUR, while 25% earn more than that.
Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Banking in Dortmund. The analysis revealed that roughly 65% of all reported salaries fell within the range of 1,760 EUR to 3,240 EUR. Approximately 20% of salaries were below the 1,760 EUR mark, while 10% ranged from 3,240 EUR to 3,920 EUR. Only 5% of individuals earned a gross salary of 3,920 EUR or higher.


The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage.
Generally speaking, employees in Banking in Dortmund having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.
Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.
As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.
Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income?
We compared the salaries of professionals at the same level but with different college degree levels across many jobs in Banking in Dortmund, below are our findings.
Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.
Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a certificate or diploma.
Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.
Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.
A Master's degree program or any post-graduate program in Germany costs anywhere from 19,100 EUR to 57,400 EUR and lasts approximately two years. That is quite an investment.
Employees can't expect any salary increases during the study period, assuming they already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
The decision really depends on the situation and experience among many other factors. Putting all variables aside, if a person can afford the costs of higher education then the return on investment is definitely worth it. Degree costs can be recovered roughly in a year or so.

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? In the field of Banking in Germany, the average difference between the salary of male and female employees is 6%.
| Male | 4,290 EUR | |
| Female | -6% | 4,050 EUR |
Professionals working in Banking in Germany are likely to observe a salary increase of approximately 10% every 14 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.

The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.

16% of surveyed staff in Banking reported that they haven't received any bonuses or incentives in the previous year while 84% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.
| Received Bonus | 84% | |
| No Bonus | 16% |
The most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
The minimum pay rate per hour for people working in Banking in Dortmund is 7 EUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
| City | Average Salary |
| Berlin | 4,750 EUR |
| Bremen | 4,120 EUR |
| Dortmund | 4,020 EUR |
| Dresden | 3,880 EUR |
| Dusseldorf | 4,370 EUR |
| Essen | 4,190 EUR |
| Frankfurt | 4,430 EUR |
| Hamburg | 4,670 EUR |
| Hannover | 3,790 EUR |
| Koln | 4,510 EUR |
| Leipzig | 3,960 EUR |
| Munchen | 4,590 EUR |
| Nurnberg | 3,710 EUR |
| Stuttgart | 4,270 EUR |
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Germany is 5% on average across all career fields.
| Private Sector | 3,740 EUR | |
| Public Sector | +5% | 3,910 EUR |
A good and competitive compensation would range anywhere between 3,500 EUR and 4,310 EUR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
The base salary for jobs in Banking in Dortmund ranges from 1,260 EUR to 2,610 EUR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios.
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