FINANCE & BANKING SALARY IN SAUDI ARABIA

Saudi Arabia   Saudi Arabia  • Change Location

Average gross salary for Finance & Banking GROSS SALARY
SAR 356,646
Average gorss salary (USD) for Finance & Banking GROSS SALARY (USD)
US$ 95,101
Average net salary for Finance & Banking NET SALARY
SAR 313,038
The most typical salary for Finance & Banking MOST TYPICAL GROSS
SAR 172,842
  Updated: 02 Aug 2020   Diff. gross vs. net: 12%
  Salary entries: 70

Finance & Banking Earnings in Saudi Arabia

Average salary for Finance & Banking in Saudi Arabia is SAR 356,646.

Average take home earning is SAR 313,038 (Net).

The most typical salary is SAR 172,842 (Gross).

These data are from our visitors surveys (70 individual salaries).

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Percentage of people Earn this salary or more
9 % SAR 963,120
16 % SAR 702,000
20 % SAR 600,000
53 % SAR 277,562
84 % SAR 125,766
93 % SAR 98,117
99 % SAR 60,190
Career Avg. gross salary (USD) Salary entries
Finance Manager SAR 427,490 US$ 114,000 10
Financial Analyst SAR 252,351 US$ 67,292 10
Risk Manager SAR 266,333 US$ 71,017 06
Bank Manager SAR 526,144 US$ 140,287 05
Investment Manager SAR 645,500 US$ 172,151 04
Chartered Financial Analyst SAR 315,000 US$ 84,010 04
Banks SAR 157,676 US$ 42,037 04
Financial Accountant SAR 104,500 US$ 27,869 04
Economist SAR 653,333 US$ 174,174 03
MBA SAR 356,000 US$ 94,939 03
City Avg. gross salary (USD) Salary entries
Riyadh SAR 364,418 US$ 97,173 43
Dammam SAR 255,852 US$ 68,222 14
Jeddah SAR 484,705 US$ 129,248 09
Medina SAR 450,000 US$ 120,009 02
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  SALARY BY LEVEL   FINANCE & BANKING   SAUDI ARABIA

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Salary levels Avg. gross salary (USD) Avg. gross salary   Salary entries
More US$ 256,819 SAR 963,120
06
185K US$ 187,211 SAR 702,000
05
165K US$ 160,017 SAR 600,000
01
155K US$ 159,947 SAR 600,000
02
135K US$ 133,200 SAR 499,500
04
125K US$ 121,081 SAR 454,000
04
115K US$ 114,400 SAR 429,000
02
105K US$ 103,037 SAR 386,362
04
95K US$ 95,977 SAR 360,000
03
85K US$ 85,969 SAR 322,500
02
75K US$ 74,009 SAR 277,562
04
65K US$ 63,771 SAR 239,180
05
55K US$ 54,394 SAR 204,000
04
45K US$ 46,083 SAR 172,842
07
35K US$ 33,535 SAR 125,766
06
25K US$ 26,162 SAR 98,117
06
15K US$ 16,052 SAR 60,190
04
Less US$ 4,801 SAR 18,000
01

  SALARY BY GENDER   FINANCE & BANKING   SAUDI ARABIA

Saudi Arabia •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Men US$ 105,791 SAR 396,734 54
Women US$ 45,714 SAR 171,468 08
N/A US$ 72,326 SAR 271,232 08

  SALARY BY EDUCATION   FINANCE & BANKING   SAUDI ARABIA

Saudi Arabia •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Doctorate Degree US$ 133,425 SAR 500,469 05
Masters Degree US$ 102,872 SAR 385,759 35
Bachelors Degree US$ 84,150 SAR 315,601 28
Some College US$ 14,402 SAR 54,000 01
High School US$ 18,799 SAR 70,500 01

Finance & Banking workers holding Doctorate Degree degrees enjoy the highest average gross salaries in Saudi Arabia. With an earned Doctorate Degree, they grosses SAR 500,469. While Finance & Banking workers with Some College education earn the least, with an average gross income of SAR 54,000. This is 826.43% lower of what Doctorate Degree degree holders earn.


  SALARY BY EXPERIENCE   FINANCE & BANKING   SAUDI ARABIA

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Avg. gross salary (USD) Avg. gross salary   Salary entries
20+ Years US$ 177,240 SAR 664,715 08
16-20 Years US$ 95,951 SAR 359,816 06
12-16 Years US$ 137,925 SAR 517,230 13
8-12 Years US$ 84,324 SAR 316,222 13
4-8 Years US$ 63,855 SAR 239,481 18
2-4 Years US$ 29,187 SAR 109,460 05
1-2 Years US$ 48,696 SAR 182,633 06
0-1 Year US$ 186,686 SAR 700,000 01

Finance & Banking workers in Saudi Arabia with more years of work experience outperform their counterparts with less experience. Workers with 0-1 Year of experience earn a gross average of SAR 700,000 compared to SAR 109,460 for their counterparts with 2-4 Years of experience. The difference between workers with 0-1 Year of experience and 2-4 Years is 539.62%.


  SALARY BY AGE   FINANCE & BANKING   SAUDI ARABIA

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Avg. gross salary (USD) Avg. gross salary   Salary entries
51-56 US$ 209,133 SAR 784,240 03
45-50 US$ 228,760 SAR 858,000 03
39-44 US$ 100,608 SAR 377,293 08
33-38 US$ 121,296 SAR 454,858 18
27-32 US$ 57,747 SAR 216,576 21
22-26 US$ 62,655 SAR 234,977 09
N/A US$ 72,326 SAR 271,232 08
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  SALARY BY CAREER   FINANCE & BANKING   SAUDI ARABIA

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# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Financial Adviser US$ 186,659 SAR 700,000 01
2. Economist US$ 174,174 SAR 653,333 03
3. Investment Manager US$ 172,151 SAR 645,500 04
4. Bank Manager US$ 140,287 SAR 526,144 05
5. Finance Manager US$ 114,000 SAR 427,490 10
6. Other Finance Career US$ 110,725 SAR 415,272 09
7. Bank Cashier US$ 102,743 SAR 385,250 02
8. MBA US$ 94,939 SAR 356,000 03
9. Chartered Financial Analyst US$ 84,010 SAR 315,000 04
10. Risk Manager US$ 71,017 SAR 266,333 06
11. Financial Analyst US$ 67,292 SAR 252,351 10
12. Stock Broker US$ 48,992 SAR 183,800 02
13. Financial Coordinator US$ 43,462 SAR 163,000 01
14. Banks US$ 42,037 SAR 157,676 04
15. Risk Analyst US$ 41,281 SAR 154,900 01
16. Bank Cashier Lead US$ 33,604 SAR 126,000 01
17. Financial Accountant US$ 27,869 SAR 104,500 04

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In Saudi Arabia economy, Financial Adviser is on the top list of highest earners, earning an average gross salary of SAR 700,000. Economist and Investment Manager follow, earning SAR 653,333 and SAR 645,500, respectively. Financial Accountant earn a gross annual average of SAR 104,500, while Bank Cashier Lead earn SAR 126,000. The gap between the lowest and the highest paid careers is 569.77%.


  SALARY BY JOB TYPE   FINANCE & BANKING   SAUDI ARABIA

Saudi Arabia •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Permanent US$ 99,405 SAR 372,783 63
Contract US$ 56,361 SAR 211,414 07
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  SALARY BY CITY   FINANCE & BANKING   SAUDI ARABIA

Saudi Arabia •  Change Location

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Jeddah Finance & Banking in Jeddah US$ 129,248 SAR 484,705 09
2. Medina Finance & Banking in Medina US$ 120,009 SAR 450,000 02
3. Riyadh Finance & Banking in Riyadh US$ 97,173 SAR 364,418 43
4. Dammam Finance & Banking in Dammam US$ 68,222 SAR 255,852 14

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  SALARY BY COUNTRY    FINANCE & BANKING

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Switzerland Switzerland Finance & Banking in Switzerland US$ 140,057 CHF 132,780 129
2. Australia Australia Finance & Banking in Australia US$ 96,734 AU$ 110,303 152
3. United Kingdom United Kingdom Finance & Banking in United Kingdom US$ 96,225 GBP 65,076 349
4. Saudi Arabia Saudi Arabia US$ 95,101 SAR 356,646 70
5. Germany Germany Finance & Banking in Germany US$ 94,378 EUR 76,101 133
6. United States United States Finance & Banking US$ 92,806 US$ 92,806 949
7. Norway Norway Finance & Banking in Norway US$ 88,194 NOK 678,387 61
8. France France Finance & Banking in France US$ 87,297 EUR 70,906 83
9. Canada Canada Finance & Banking in Canada US$ 78,493 CA$ 85,356 259
10. Finland Finland Finance & Banking in Finland US$ 72,755 EUR 59,153 28

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(36/36)  DIRECTOR OF PRIVET BANKING


 Posted: 02 Aug 2020

Bachelors Degree, 12-16 years: "MBA Managing a portfolio of more than 3 billions Saudi Riyals."
Individual GROSS salary:
SAR 600,000
US$ 159,901


(35/36)  HR MANAGER


 Posted: 18 Jul 2020

Bachelors Degree, 8-12 years: "Leading HR daily operation HR strategy,HR budget."
Individual GROSS salary:
SAR 266,449
US$ 71,009


(34/36)  ECONOMIC AND FINANCIAL ADVISOR


 Posted: 17 Jul 2020

Doctorate Degree, 20+ years: "Economic and financial policy advisory. Economic modeling and forecasting."
Individual GROSS salary:
SAR 1,050,000
US$ 279,827


(33/36)  REGULATORY MANAGER


 Posted: 24 Jun 2020

Bachelors Degree, 4-8 years: "Cams cco cme-1 cme-2."
Individual GROSS salary:
SAR 360,000
US$ 95,941


(32/36)  AUDITOR


 Posted: 27 Feb 2020

Bachelors Degree, 8-12 years: "Audit according to his requirements."
Individual GROSS salary:
SAR 120,000
US$ 31,980


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(31/36)  INSTITUTIONAL EQUITIES SALES OFFICER


 Posted: 09 Feb 2020

Bachelors Degree, 1-2 years: "Bachelors and masters."
Individual GROSS salary:
SAR 249,000
US$ 66,359


(30/36)  SENIOR DATA SCIENTIST


 Posted: 02 Feb 2020

Doctorate Degree, 4-8 years: "Mining and analyzing data from big data organization’s environment to drive optimization and improvement of product development and business strategies. ? Building, developing custom models and algorithms to address business problems and apply to data sets. ? Implementing text mining techniques to find insights from textual data ? Developing machine learning predictive models ? Coordinating with different functional teams to implement models and monitor outcomes. ? Presenting data using data visualization techniques. ? Leading a team of data scientist/analysts. Foundations of Python for Data Science (DS), Machine Learning (ML), Deep Learning (DL) using Tensorflow with Keras On Microsoft Azure (certificate): Zaka Company with Microsoft."
Individual GROSS salary:
SAR 154,900
US$ 41,281


(29/36)  CARDS MANAGER


 Posted: 22 Jan 2020

Bachelors Degree, 20+ years: "Card Management."
Individual GROSS salary:
SAR 204,000
US$ 54,366


(28/36)  VICE PRESIDENT


 Posted: 14 Dec 2019

Masters Degree, 16-20 years: "Business Continuity Management, Risk Management."
Individual GROSS salary:
SAR 108,000
US$ 28,803


(27/36)  SENIOR ADVISORY ASSOCIATE


 Posted: 27 Nov 2019

Masters Degree, 2-4 years: "I am a valuations, modelling, and economics consultant. I am responsible for preparing and reviewing financial models for valuations."
Individual GROSS salary:
SAR 18,000
US$ 4,801


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(26/36)  FINANCIAL ANALYST


 Posted: 24 Nov 2019

Masters Degree, 8-12 years: "Qualified and experienced accountant."
Individual GROSS salary:
SAR 180,000
US$ 48,005


(25/36)  SELES SERVICES REPRESENTATIVE


 Posted: 14 Oct 2019

Bachelors Degree, 4-8 years: "Sales services representative."
Individual GROSS salary:
SAR 96,000
US$ 25,603


(24/36)  DIRECTOR


 Posted: 29 Aug 2019

Masters Degree, 20+ years: "Handling syndication and financial services for the bank."
Individual GROSS salary:
SAR 814,000
US$ 217,089


(23/36)  SENIOR FINANCIAL ANALYST


 Posted: 17 Jul 2019

Bachelors Degree, 4-8 years: "Analyse financial reports, investment opportunities."
Individual GROSS salary:
SAR 192,000
US$ 51,205


(22/36)  OPERATIONS ACCOUNTING DIVISION HEAD


 Posted: 14 Jun 2019

Bachelors Degree, 12-16 years: "Accounting Department manager."
Individual GROSS salary:
SAR 460,000
US$ 122,680


(21/36)  BANKING


 Posted: 08 Jun 2019

Masters Degree, 0-1 year: "I want to become a bank employee."
Individual GROSS salary:
SAR 700,000
US$ 186,686


(20/36)  TELLER SUPERVISOR


 Posted: 17 May 2019

Bachelors Degree, 4-8 years: "Supervises other bank tellers and make sure that there work is accurate and there cash is balanced."
Individual GROSS salary:
SAR 126,000
US$ 33,604


(19/36)  IT ANALYST


 Posted: 07 Apr 2019

Bachelors Degree, 8-12 years: "I work as a IT Analyst."
Individual GROSS salary:
SAR 450,000
US$ 120,013


(18/36)  INVESTMENT MANAGER


 Posted: 04 Apr 2019

Masters Degree, 12-16 years: "Investment Managment Corporate finance Private Equity Real Estate Accounting Debt advisory."
Individual GROSS salary:
SAR 384,000
US$ 102,411


(17/36)  AUDITING


 Posted: 14 Mar 2019

Masters Degree, 12-16 years: "Statutory auditor."
Individual GROSS salary:
SAR 600,000
US$ 160,017


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(16/36)  ISLAMIC FINANCE SPECIALIST


 Posted: 26 Feb 2019

Doctorate Degree, 8-12 years: "Develop islamic finance industry."
Individual GROSS salary:
SAR 397,448
US$ 105,997


(15/36)  FINANCIAL CONTROLLER


 Posted: 13 Jan 2019

Bachelors Degree, 20+ years: "In the Managerial role for more than 10 years."
Individual GROSS salary:
SAR 187,000
US$ 49,872


(14/36)  INVESTMENT MANAGER REAL ESTATE


 Posted: 17 Dec 2018

Masters Degree, 12-16 years: "Managing real estate investments, financial modelling and arranging funds."
Individual GROSS salary:
SAR 384,000
US$ 102,411


(13/36)  CHIEF FINANCIAL OFFICER


 Posted: 17 Sep 2018

Bachelors Degree, 20+ years: "MANAGE THE FINANCE AND BANK RELATIONS."
Individual GROSS salary:
SAR 1,000,000
US$ 266,695


(12/36)  BUSINESS ANALYST


 Posted: 14 Sep 2018

Bachelors Degree, 1-2 years: "Data analysis, Strategy design in both management consulting and hospitality."
Individual GROSS salary:
SAR 292,800
US$ 78,088


(11/36)  SENIOR MANAGER


 Posted: 30 Aug 2018

Masters Degree, 12-16 years: "Experience in Financial Institutions, Capital Markets, Institutional Sales and Trading, treasury management and financial services; trading and managing investments in varied capacity, and currently heading the Corporate Development and Research."
Individual GROSS salary:
SAR 456,000
US$ 121,613


(10/36)  BUSINESS FINANCE CONTROLLER


 Posted: 09 Aug 2018

Masters Degree, 1-2 years: "Business Finance Controller."
Individual GROSS salary:
SAR 90,000
US$ 24,003


(9/36)  FINANCE MANAGER


 Posted: 05 Jul 2018

Masters Degree, 16-20 years: "Banking, Payment, Treasury, Accounting."
Individual GROSS salary:
SAR 234,900
US$ 62,647


(8/36)  IT MANAGER


 Posted: 04 Jul 2018

Masters Degree, 8-12 years: "Digital Banking."
Individual GROSS salary:
SAR 420,000
US$ 112,012


(7/36)  SENIOR ANALYST


 Posted: 03 Jun 2018

Bachelors Degree, 4-8 years: "Senior Financial Analyst."
Individual GROSS salary:
SAR 220,000
US$ 58,673


(6/36)  SENIOR TREASURY DEALER


 Posted: 01 Jun 2018

Bachelors Degree, 4-8 years: "Fx, Rates, and OTC products senior dealer, responsible for all interbank trading activities in the Fox and OTC markets."
Individual GROSS salary:
SAR 498,000
US$ 132,814


(5/36)  ACCOUNT RECEIVABLE


 Posted: 13 May 2018

Some College, 4-8 years: "Responsible maintaining account receivables up to date."
Individual GROSS salary:
SAR 54,000
US$ 14,402


(4/36)  ADVISOR


 Posted: 08 May 2018

Doctorate Degree, 12-16 years: "Investment in real estate and PE."
Individual GROSS salary:
SAR 700,000
US$ 186,686


(3/36)  INVESTMENT DIRECTOR


 Posted: 26 Mar 2018

Masters Degree, 8-12 years: "Director for Private Equity & Real Estate."
Individual GROSS salary:
SAR 1,000,000
US$ 266,695


(2/36)  VICE PRESIDENT


 Posted: 18 Jan 2018

Masters Degree, 12-16 years: "Equity management, fixed income management, asset mangement."
Individual GROSS salary:
SAR 1,000,000
US$ 266,695


(1/36)  SPECIALIST MANAGER -PROFITABILITY MANAGEMENT


 Posted: 18 Sep 2017

Masters Degree, 16-20 years: "Maintain and report statistical information related product and services .Evaluate pricing proposals. Develop Business cases for new business ventures,partnership arrangements etc."
Individual GROSS salary:
SAR 276,000
US$ 73,612


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