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Banking Average Salaries in Frankfurt 2019

How much money does a person working in Banking make in Frankfurt?

5,592 EUR per month
Average Monthly Salary
A person working in Banking in Frankfurt typically earns around 5,592 EUR per month.
This is the average monthly salary including housing, transport, and other benefits.
Salaries differ drasticly between different Banking jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
AML Analyst6,432 EUR
Assistant Bank Branch Manager5,834 EUR
Assistant Bank Manager6,615 EUR
ATM Manager6,111 EUR
ATM Service Technician3,507 EUR
Bank Accounts Analyst4,420 EUR
Bank Accounts Controller4,949 EUR
Bank Accounts Executive5,288 EUR
Bank Accounts Manager5,555 EUR
Bank Auditing Manager5,877 EUR
Bank Branch Manager6,810 EUR
Bank Clerk3,306 EUR
Bank Compliance Specialist4,622 EUR
Bank Manager10,460 EUR
Bank Operational Risk Manager7,162 EUR
Bank Operations Head7,824 EUR
Bank Operations Officer4,597 EUR
Bank Operations Specialist6,362 EUR
Bank Process Manager4,850 EUR
Bank Product Manager 5,036 EUR
Bank Programme Manager6,181 EUR
Bank Project Manager6,091 EUR
Bank Propositions Manager6,681 EUR
Bank Quantitative Analyst4,930 EUR
Bank Regional Manager7,046 EUR
Bank Regional Risk Officer4,601 EUR
Bank Relationship Manager5,700 EUR
Bank Relationship Officer4,372 EUR
Banker4,515 EUR
Banking Business Analyst5,253 EUR
Banking Business Development Officer4,622 EUR
Banking Business Planning Executive6,522 EUR
Banking Product Manager6,073 EUR
Banking Reference Data Manager5,432 EUR
Banking Risk Analyst5,312 EUR
Banking Technical Analyst4,315 EUR
Bankruptcy Coordinator5,606 EUR
Budget Analyst4,944 EUR
Cards Marketing Manager6,307 EUR
Cash Management Manager7,126 EUR
Check Processing Manager6,660 EUR
Commercial Vault Associate5,130 EUR
Corporate Dealer5,577 EUR
Credit Analyst5,611 EUR
Credit and Collections Manager6,533 EUR
Credit Card Fraud Investigator5,470 EUR
Credit Portfolio Manager7,845 EUR
Credit Risk Analyst6,181 EUR
Credit Risk Associate5,275 EUR
Direct Bank Sales Representative4,852 EUR
Financial Bank Planning Consultant5,500 EUR
Financial Banking Analysis Manager6,245 EUR
Financial Banking Assistant4,170 EUR
Financial Banking Systems Manager6,436 EUR
Foreign Exchange Manager6,578 EUR
Fraud Analyst5,406 EUR
Fraud Detection Associate5,347 EUR
Fraud Detection Manager6,692 EUR
Fraud Detection Supervisor5,320 EUR
Internal Bank Audit Manager6,564 EUR
Internal Bank Auditor5,230 EUR
International Banking Manager8,785 EUR
Loan Analyst5,230 EUR
Loan Area Manager5,984 EUR
Loan Audit Team Leader6,105 EUR
Loan Branch Manager5,951 EUR
Loan Business Development Officer4,971 EUR
Loan Clerk3,669 EUR
Loan Collection Manager5,615 EUR
Loan Collector3,310 EUR
Loan Examiner4,104 EUR
Loan Processing Manager4,990 EUR
Loan Processor4,561 EUR
Loan Quality Assurance Auditor5,120 EUR
Loan Quality Assurance Manager5,602 EUR
Loan Quality Assurance Representative4,860 EUR
Loan Review Manager5,392 EUR
Loan Team Leader5,309 EUR
Mortgage Advisor4,990 EUR
Mortgage Collection Manager5,488 EUR
Mortgage Collector3,694 EUR
Mortgage Credit Analyst4,191 EUR
Mortgage Credit Manager5,170 EUR
Mortgage Development Manager6,287 EUR
Mortgage Document Reviewer3,949 EUR
Mortgage Funding Manager6,206 EUR
Mortgage Operations Manager6,923 EUR
Mortgage Payment Processing Clerk3,552 EUR
Mortgage Processing Manager5,534 EUR
Mortgage Processor3,872 EUR
Mortgage Quality Assurance Auditor4,984 EUR
Mortgage Quality Assurance Manager5,128 EUR
Mortgage Servicing Clerk3,297 EUR
Mortgage Servicing Manager5,651 EUR
Mortgage Underwriter3,861 EUR
Online Banking Manager7,217 EUR
Payment Processing Clerk3,464 EUR
Personal Banker5,251 EUR
Personal Banking Advisor 5,207 EUR
Phone Banker4,188 EUR
Private Banker5,430 EUR
Reconciliation and Investigation Specialist4,965 EUR
Teller3,284 EUR
Trade Officer3,669 EUR
Trade Product Manager5,328 EUR
Trader4,170 EUR
Treasury Operations Officer5,048 EUR

Banking Jobs Salary Distribution in Frankfurt

Median and salary distribution monthly Frankfurt Banking

Abount These Figures: Salary Range, Median and Percentiles

The Banking salaries in Frankfurt range between 3,162 EUR per month (minimum salary) to 10,340 EUR per month (maximum salary).

The median salary is 5,480 EUR per month, which means that half (50%) of people working in Banking are earning less than 5,480 EUR while the other half are earning more than 5,480 EUR. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Banking are earning less than 3,889 EUR while 75% of them are earning more than 3,889 EUR. Also from the diagram, 75% of people working in Banking are earning less than 7,594 EUR while 25% are earning more than 7,594 EUR.

What is the difference between the median and the average salary? What should you be looking at?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary

Banking Salary Forecast and Trend in Frankfurt

How do Banking salaries change over time? Listed below is a chart that shows the average salary in recent years.

Salary trends and forecast monthly Frankfurt Banking
Average Salary 2016    =  
5,149 EUR
Average Salary 2017    +4%  
5,339 EUR
Average Salary 2018    +2%  
5,440 EUR
Average Salary 2019    +3%  
5,592 EUR
Percentage increase and decrease are relative to the previous value
Banking salaries in Frankfurt are rising in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 3% higher than those of 2018. The trend suggests a slow yet continous increase in pay in 2020 and future years. These numbers differ slightly from industry to another.

Banking Hourly Average Wage in Frankfurt

32 EUR per hour
Average Hourly Wage

The average hourly wage (pay per hour) in Frankfurt for Banking is 32 EUR. This means that the average person in Frankfurt earns approximatly 32 EUR for every worked hour.

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

The hourly wage is the salary paid in one working hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix 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 annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.

Banking VS Other Jobs

Salary Comparison Between Banking and Banking monthly FrankfurtWe compared Frankfurt salaries for Banking and All Jobs and we found that Banking salaries are 13% more than those of All Jobs.

Frankfurt VS Germany

Salary Comparison Between Frankfurt and Germany monthly BankingWe compared Banking salaries in Frankfurt and Germany and we found that Frankfurt salaries are 6% more than those of Germany.

Salary Comparison By City

CityAverage Salary
Berlin5,991 EUR
Bremen5,195 EUR
Dortmund5,074 EUR
Dresden4,891 EUR
Dusseldorf5,508 EUR
Essen5,291 EUR
Frankfurt5,592 EUR
Hamburg5,891 EUR
Hannover4,775 EUR
Koln5,692 EUR
Leipzig4,992 EUR
Munchen5,792 EUR
Nurnberg4,683 EUR
Stuttgart5,386 EUR
4582 - 11
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