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Banking Average Salaries in Buenos Aires 2024

How much money does a person working in Banking make in Buenos Aires?

Average Monthly Salary
56,900 ARS
( 683,000 ARS yearly)

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 in Banking in Buenos Aires typically earns around 56,900 ARS. Salaries range from 17,800 ARS (lowest average) to 116,000 ARS (highest average, actual maximum salary is higher).

Salary Variance

The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Banking domain in Buenos Aires 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.

Salaries for specific jobs

Job TitleAverage Salary
AML Analyst75,700 ARS
Assistant Bank Branch Manager70,500 ARS
Assistant Bank Manager90,200 ARS
ATM Manager72,800 ARS
ATM Service Technician21,200 ARS
Bank Accounts Analyst29,700 ARS
Bank Accounts Collector18,900 ARS
Bank Accounts Controller40,200 ARS
Bank Accounts Executive57,100 ARS
Bank Accounts Manager63,200 ARS
Bank Auditing Manager65,300 ARS
Bank Branch Manager91,000 ARS
Bank Branch Operations Coordinator40,800 ARS
Bank Clerk17,200 ARS
Bank Client Service Associate24,900 ARS
Bank Collector17,800 ARS
Bank Compliance Specialist49,700 ARS
Bank Manager113,000 ARS
Bank Operational Risk Manager108,000 ARS
Bank Operations Head114,000 ARS
Bank Operations Officer44,800 ARS
Bank Operations Specialist67,400 ARS
Bank Process Manager59,300 ARS
Bank Product Manager 69,400 ARS
Bank Programme Manager76,900 ARS
Bank Project Manager89,200 ARS
Bank Propositions Manager80,900 ARS
Bank Quantitative Analyst54,300 ARS
Bank Regional Manager109,000 ARS
Bank Regional Risk Officer55,800 ARS
Bank Relationship Manager84,500 ARS
Bank Relationship Officer36,400 ARS
Bank Sustainability Analyst61,800 ARS
Bank Teller18,500 ARS
Banker39,500 ARS
Banking Business Analyst57,300 ARS
Banking Business Development Officer35,600 ARS
Banking Business Planning Executive80,900 ARS
Banking Data Analyst67,000 ARS
Banking Product Manager70,400 ARS
Banking Reference Data Manager59,400 ARS
Banking Regulatory Compliance Officer65,800 ARS
Banking Risk Analyst55,000 ARS
Banking Technical Analyst28,800 ARS
Bankruptcy Coordinator38,200 ARS
Bill and Account Collector20,000 ARS
Blockchain Analyst46,600 ARS
Blockchain Architect57,200 ARS
Blockchain Auditor48,400 ARS
Blockchain Compliance Analyst52,800 ARS
Blockchain Consultant52,900 ARS
Blockchain Trade Facilitator44,700 ARS
Budget Analyst55,500 ARS
Capital Risk Manager110,000 ARS
Cards Marketing Manager70,100 ARS
Cash Management Manager95,000 ARS
Check Processing Manager74,200 ARS
Chief Blockchain Officer61,800 ARS
Commercial Vault Associate55,500 ARS
Corporate Banker39,200 ARS
Corporate Dealer56,500 ARS
Credit Analyst43,000 ARS
Credit and Collections Manager78,900 ARS
Credit Card Fraud Investigator57,800 ARS
Credit Portfolio Manager102,000 ARS
Credit Risk Analyst62,500 ARS
Credit Risk Associate62,100 ARS
Cryptocurrency Accountant35,900 ARS
Cryptocurrency Adviser66,500 ARS
Cryptocurrency Analyst52,700 ARS
Cryptocurrency Compliance Manager62,600 ARS
Cryptocurrency Trader59,200 ARS
Digital Banking Manager76,800 ARS
Digital Currency Analyst54,800 ARS
Direct Bank Sales Representative41,800 ARS
Exchange Control Consultant57,300 ARS
Executive Account Analyst53,500 ARS
Financial Bank Planning Consultant70,900 ARS
Financial Banking Analysis Manager79,400 ARS
Financial Banking Assistant27,200 ARS
Financial Banking Systems Manager74,300 ARS
Foreign Exchange Manager84,000 ARS
Fraud Analyst61,600 ARS
Fraud Detection Associate39,800 ARS
Fraud Detection Manager88,700 ARS
Fraud Detection Supervisor50,800 ARS
Internal Bank Audit Manager107,000 ARS
Internal Bank Auditor54,400 ARS
Internal Private Banker40,200 ARS
International Banking Manager110,000 ARS
Investment Banking Analyst85,300 ARS
Loan Analyst58,100 ARS
Loan Area Manager67,500 ARS
Loan Audit Team Leader63,200 ARS
Loan Branch Manager66,100 ARS
Loan Business Development Officer34,100 ARS
Loan Clerk19,000 ARS
Loan Collection and Recovery Manager65,100 ARS
Loan Collection Manager68,100 ARS
Loan Collector18,800 ARS
Loan Examiner23,900 ARS
Loan Officer20,700 ARS
Loan Processing Manager62,400 ARS
Loan Processor24,900 ARS
Loan Quality Assurance Auditor59,100 ARS
Loan Quality Assurance Manager62,900 ARS
Loan Quality Assurance Representative44,300 ARS
Loan Review Manager63,900 ARS
Loan Team Leader54,500 ARS
Loans Manager74,700 ARS
Mortgage Advisor39,700 ARS
Mortgage Collection Manager63,900 ARS
Mortgage Collector18,900 ARS
Mortgage Credit Analyst29,300 ARS
Mortgage Credit Manager65,000 ARS
Mortgage Development Manager71,300 ARS
Mortgage Document Reviewer25,600 ARS
Mortgage Funding Manager72,800 ARS
Mortgage Operations Manager94,900 ARS
Mortgage Payment Processing Clerk22,100 ARS
Mortgage Processing Manager61,400 ARS
Mortgage Processor25,500 ARS
Mortgage Quality Assurance Auditor54,700 ARS
Mortgage Quality Assurance Manager66,100 ARS
Mortgage Servicing Clerk18,900 ARS
Mortgage Servicing Manager63,300 ARS
Mortgage Underwriter23,600 ARS
Online Banking Manager98,700 ARS
Open Banking Strategist57,600 ARS
Payment Processing Clerk19,200 ARS
Personal Banker41,200 ARS
Personal Banking Advisor 43,500 ARS
Phone Banker28,200 ARS
Private Banker41,400 ARS
Reconciliation and Investigation Specialist45,700 ARS
Tax Officer33,500 ARS
Teller18,900 ARS
Trade Officer23,700 ARS
Trade Product Manager64,900 ARS
Trader28,700 ARS
Treasury Operations Officer50,300 ARS
Wealth Management Advisor84,000 ARS

Banking Jobs Pay Scale and Salaries in Buenos Aires

Median and salary distribution Buenos Aires Banking monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
56,500 ARS or more
10% of people earn
46,800 to 56,500 ARS
20% of people earn
25,400 ARS or less
65% of people earn
25,400 to 46,800 ARS
Minimum Salary
17,800 ARS
50,500 ARS
116,000 ARS

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 in Banking in Buenos Aires range from 17,800 ARS (starting average salary) to 116,000 ARS (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.

  • Median Salary

    The median income in the field of Banking is 50,500 ARS, implying that half of the workforce in Buenos Aires 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.

  • Percentiles and Salary Scale

    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 Buenos Aires earn less than 37,700 ARS, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 62,200 ARS, while 25% earn more than that.

  • Pay Scale Structure

    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 Buenos Aires. The analysis revealed that roughly 65% of all reported salaries fell within the range of 25,400 ARS to 46,800 ARS. Approximately 20% of salaries were below the 25,400 ARS mark, while 10% ranged from 46,800 ARS to 56,500 ARS. Only 5% of individuals earned a gross salary of 56,500 ARS or higher.

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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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.

Generally speaking, employees in Banking in Buenos Aires 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.

Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.
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.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

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 Buenos Aires, 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.

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 Argentina costs anywhere from 227,000 ARS to 680,000 ARS 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.

Salary and Compensation Comparison By Gender / Banking / Buenos Aires

Salary comparison by gender Argentina Banking 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? In the field of Banking in Argentina, the average difference between the salary of male and female employees is 9%.

51,500 ARS
47,400 ARS
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Argentina for all Careers

Salary comparison by gender monthly Argentina
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Average Annual Salary Increment Percentage / Banking / Buenos Aires

How much are annual salary increments in Buenos Aires for individuals working in Banking? How often do employees get salary raises?

Professionals working in Banking in Argentina are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.

Annual Salary Increment Rate Argentina Banking
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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.

Argentina / All Professions

Annual Salary Increment Rate Argentina
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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 Argentina 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 / Banking / Argentina

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Argentina Banking
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100% of surveyed staff in Banking 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

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.

A graphics designer working for a graphics designing company.

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.

Hourly Average Wage / Banking / Buenos Aires

330 ARS per hour

The average hourly wage (pay per hour) in Banking in Buenos Aires is 330 ARS.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 in Banking in Buenos Aires is 100 ARS. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary Comparison By City

CityAverage Salary
Avellaneda49,800 ARS
Bahia Blanca53,000 ARS
Buenos Aires56,900 ARS
Cordoba56,400 ARS
Corrientes53,400 ARS
La Plata55,600 ARS
Lanus50,500 ARS
Mar del Plata55,100 ARS
Mendoza48,800 ARS
Neuquen51,200 ARS
Quilmes51,000 ARS
Resistencia52,200 ARS
Rosario56,000 ARS
Salta54,200 ARS
San Juan48,500 ARS
San Miguel de Tucuman54,600 ARS
Santa Fe53,700 ARS
Santiago del Estero51,800 ARS

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 Argentina is 7% on average across all career fields.

Private Sector
43,700 ARS
Public Sector+7%
46,600 ARS
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 in Banking in Buenos Aires?

A good and competitive compensation would range anywhere between 50,500 ARS and 62,200 ARS. 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 jobs in Banking in Buenos Aires ranges from 17,800 ARS to 37,700 ARS. 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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