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Internal Bank Auditor Average Salary in Dubai 2024

How much money does a person working as Internal Bank Auditor make in Dubai?


Average Monthly Salary
17,800 AED
( 214,000 AED yearly)

LOW
8,730
AED
AVERAGE
17,800
AED
HIGH
27,800
AED
All salary figures displayed here are per month except when noted otherwise.
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.

A person working as Internal Bank Auditor in Dubai typically earns around 17,800 AED. Salaries range from 8,730 AED (lowest) to 27,800 AED (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Internal Bank Auditor salaries in Dubai vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Internal Bank Auditor Pay Scale and Salaries in Dubai

Median and salary distribution Dubai Internal Bank Auditor monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
16,500 AED or more
10% of people earn
14,600 to 16,500 AED
20% of people earn
10,400 AED or less
65% of people earn
10,400 to 14,600 AED
Minimum Salary
8,730 AED
Median
16,600 AED
Maximum
27,800 AED




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Internal Bank Auditor in Dubai range from 8,730 AED (starting salary) to 27,800 AED (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 16,600 AED, half of the professionals who work as Internal Bank Auditor in Dubai earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Internal Bank Auditor in Dubai earn less than 13,600 AED, while 75% earn more. Similarly, the chart shows that 75% earn less than 19,000 AED while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Internal Bank Auditor in Dubai compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 10,400 AED to 14,600 AED. About 20% of salaries are below the 10,400 AED mark, while 10% fall within the range of 14,600 AED to 16,500 AED. Only 5% of individuals have salaries exceeding 16,500 AED.

Salary Comparison by Years of Experience / Internal Bank Auditor / Dubai

How do experience and age affect pay?

0 - 2 Years
10,400 AED
2 - 5 Years+29%
13,300 AED
5 - 10 Years+38%
18,400 AED
10 - 15 Years+24%
22,700 AED
15 - 20 Years+7%
24,400 AED
20+ Years+7%
26,000 AED
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Dubai Internal Bank Auditor
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Internal Bank Auditor and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 10,400 AED.

While someone with an experience level between two and five years is expected to earn 13,300 AED, 29% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 18,400 AED, 38% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 22,700 AED, 24% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 24,400 AED, 7% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 26,000 AED, 7% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Internal Bank Auditor / Dubai

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Internal Bank Auditor.

Bachelor's Degree
12,900 AED
Master's Degree+60%
20,700 AED
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Dubai Internal Bank Auditor
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Internal Bank Auditor in order to make a comparison.


Level 1: Bachelor's Degree

Employees at this education level have an average salary of 12,900 AED.


Level 2: Master's Degree

At this level, the average salary becomes 20,700 AED, 60% more than the previous level.



Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in United Arab Emirates costs anywhere from 71,700 AED to 215,000 AED and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you 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 the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Internal Bank Auditor / Dubai

Salary comparison by gender United Arab Emirates Internal Bank Auditor monthly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Internal Bank Auditor in United Arab Emirates, the average difference between the salary of male and female employees is 7%.

Male
15,400 AED
Female-6%
14,400 AED
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in United Arab Emirates for all Careers

Salary comparison by gender monthly United Arab Emirates
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Average Annual Salary Increment Percentage / Internal Bank Auditor / Dubai

How much are annual salary increments in Dubai for individuals working as Internal Bank Auditor? How often do employees get salary raises?

Individuals working as Internal Bank Auditor in United Arab Emirates are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 17 months.

Annual Salary Increment Rate United Arab Emirates Internal Bank Auditor
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

United Arab Emirates / All Professions

Annual Salary Increment Rate United Arab Emirates
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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.

How to calculate the salary increment percentage?

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

The average salary increase in one year (12 months) in United Arab Emirates is 6%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

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.



Bonus and Incentive Rates / Internal Bank Auditor / United Arab Emirates

How much and how often are bonuses being awarded?Annual Salary Bonus Rate United Arab Emirates Internal Bank Auditor
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100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from % to % of their annual salary.

Received Bonus
%
No Bonus
100%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, 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 Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

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.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting 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:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


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.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

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.

Average Hourly Wage / Internal Bank Auditor / Dubai


100 AED per hour

The average hourly wage (pay per hour) for individuals working as Internal Bank Auditor in Dubai is 100 AED.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

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.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Internal Bank Auditor in Dubai is 50 AED. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Banking-100%
AML Analyst25,800 AED+45%
Assistant Bank Branch Manager21,500 AED+21%
Assistant Bank Manager30,100 AED+69%
ATM Manager23,400 AED+31%
ATM Service Technician5,520 AED-69%
Bank Accounts Analyst8,500 AED-52%
Bank Accounts Collector4,760 AED-73%
Bank Accounts Controller11,200 AED-37%
Bank Accounts Executive17,700 AED-1%
Bank Accounts Manager21,300 AED+20%
Bank Auditing Manager21,700 AED+22%
Bank Branch Manager29,100 AED+63%
Bank Branch Operations Coordinator12,200 AED-32%
Bank Clerk4,300 AED-76%
Bank Client Service Associate7,020 AED-61%
Bank Collector4,610 AED-74%
Bank Compliance Specialist14,700 AED-17%
Bank Manager36,700 AED+110%
Bank Operational Risk Manager36,100 AED+100%
Bank Operations Head35,600 AED+100%
Bank Operations Officer12,900 AED-28%
Bank Operations Specialist20,700 AED+16%
Bank Process Manager18,800 AED+6%
Bank Product Manager 22,700 AED+27%
Bank Programme Manager23,600 AED+32%
Bank Project Manager28,100 AED+58%
Bank Propositions Manager25,900 AED+45%
Bank Quantitative Analyst17,100 AED-4%
Bank Regional Manager35,700 AED+100%
Bank Regional Risk Officer18,000 AED+1%
Bank Relationship Manager26,500 AED+49%
Bank Relationship Officer11,000 AED-38%
Bank Sustainability Analyst20,800 AED+17%
Bank Teller5,040 AED-72%
Banker12,000 AED-33%
Banking Business Analyst18,000 AED+1%
Banking Business Development Officer10,300 AED-42%
Banking Business Planning Executive26,200 AED+47%
Banking Data Analyst19,900 AED+12%
Banking Product Manager23,100 AED+30%
Banking Reference Data Manager18,800 AED+6%
Banking Regulatory Compliance Officer21,000 AED+18%
Banking Risk Analyst18,000 AED+1%
Banking Technical Analyst9,060 AED-49%
Bankruptcy Coordinator12,000 AED-33%
Bill and Account Collector5,450 AED-69%
Blockchain Analyst15,000 AED-16%
Blockchain Architect18,100 AED+2%
Blockchain Auditor14,700 AED-17%
Blockchain Compliance Analyst15,700 AED-12%
Blockchain Consultant17,000 AED-5%
Blockchain Trade Facilitator14,900 AED-16%
Budget Analyst17,900 AED+0%
Capital Risk Manager34,900 AED+96%
Cards Marketing Manager22,100 AED+24%
Cash Management Manager32,200 AED+81%
Check Processing Manager24,000 AED+35%
Chief Blockchain Officer20,000 AED+12%
Commercial Vault Associate17,200 AED-3%
Corporate Banker12,400 AED-30%
Corporate Dealer18,200 AED+2%
Credit Analyst13,500 AED-24%
Credit and Collections Manager25,200 AED+41%
Credit Card Fraud Investigator17,600 AED-1%
Credit Portfolio Manager34,800 AED+95%
Credit Risk Analyst19,900 AED+12%
Credit Risk Associate19,100 AED+7%
Cryptocurrency Accountant10,400 AED-42%
Cryptocurrency Adviser22,100 AED+24%
Cryptocurrency Analyst16,600 AED-7%
Cryptocurrency Compliance Manager21,500 AED+21%
Cryptocurrency Trader17,700 AED-1%
Digital Banking Manager23,400 AED+31%
Digital Currency Analyst17,300 AED-3%
Direct Bank Sales Representative11,900 AED-33%
Exchange Control Consultant19,200 AED+8%
Executive Account Analyst17,500 AED-2%
Financial Bank Planning Consultant23,200 AED+30%
Financial Banking Analysis Manager27,700 AED+55%
Financial Banking Assistant7,350 AED-59%
Financial Banking Systems Manager24,400 AED+37%
Foreign Exchange Manager26,900 AED+51%
Fraud Analyst19,700 AED+11%
Fraud Detection Associate12,800 AED-28%
Fraud Detection Manager28,900 AED+62%
Fraud Detection Supervisor14,700 AED-17%
Internal Bank Audit Manager34,000 AED+91%
Internal Bank Auditor17,800 AED-0%
Internal Private Banker12,500 AED-30%
International Banking Manager36,600 AED+110%
Investment Banking Analyst25,800 AED+45%
Loan Analyst16,700 AED-6%
Loan Area Manager22,500 AED+26%
Loan Audit Team Leader20,900 AED+17%
Loan Branch Manager19,200 AED+8%
Loan Business Development Officer9,970 AED-44%
Loan Clerk5,340 AED-70%
Loan Collection and Recovery Manager20,700 AED+16%
Loan Collection Manager22,300 AED+25%
Loan Collector4,710 AED-74%
Loan Examiner6,950 AED-61%
Loan Officer5,940 AED-67%
Loan Processing Manager19,900 AED+12%
Loan Processor6,880 AED-61%
Loan Quality Assurance Auditor17,800 AED-0%
Loan Quality Assurance Manager20,400 AED+15%
Loan Quality Assurance Representative13,400 AED-25%
Loan Review Manager19,600 AED+10%
Loan Team Leader17,800 AED-0%
Loans Manager23,600 AED+32%
Mortgage Advisor12,100 AED-32%
Mortgage Collection Manager22,000 AED+23%
Mortgage Collector4,640 AED-74%
Mortgage Credit Analyst8,690 AED-51%
Mortgage Credit Manager20,500 AED+15%
Mortgage Development Manager22,000 AED+23%
Mortgage Document Reviewer6,710 AED-62%
Mortgage Funding Manager23,400 AED+31%
Mortgage Operations Manager32,800 AED+84%
Mortgage Payment Processing Clerk5,580 AED-69%
Mortgage Processing Manager21,100 AED+18%
Mortgage Processor6,810 AED-62%
Mortgage Quality Assurance Auditor17,200 AED-3%
Mortgage Quality Assurance Manager20,400 AED+15%
Mortgage Servicing Clerk5,060 AED-72%
Mortgage Servicing Manager19,800 AED+11%
Mortgage Underwriter6,850 AED-62%
Online Banking Manager31,700 AED+78%
Open Banking Strategist18,200 AED+2%
Payment Processing Clerk5,400 AED-70%
Personal Banker12,100 AED-32%
Personal Banking Advisor 12,400 AED-30%
Phone Banker7,830 AED-56%
Private Banker12,900 AED-28%
Reconciliation and Investigation Specialist14,700 AED-17%
Tax Officer9,780 AED-45%
Teller5,160 AED-71%
Trade Officer6,080 AED-66%
Trade Product Manager20,700 AED+16%
Trader8,000 AED-55%
Treasury Operations Officer15,100 AED-15%
Wealth Management Advisor27,400 AED+54%

Salary Comparison By City

CityAverage Salary
Abu Dhabi16,000 AED
Al Ain15,400 AED
Dubai17,800 AED
Fujairah14,300 AED
Ras Al Khaimah14,400 AED
Sharjah16,500 AED

Government vs Private Sector Salary Comparison

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 United Arab Emirates is 6% on average across all career fields.

Private Sector
13,800 AED
Public Sector+6%
14,700 AED
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Internal Bank Auditor in Dubai?

A good and competitive compensation would range anywhere between 16,600 AED and 19,000 AED. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

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.

Base / Basic Salary

The base salary for a careers like Internal Bank Auditor in Dubai ranges from 8,730 AED to 13,600 AED. 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.


What is the difference between the median and the average salary?

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. How to compare your salary


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