Financial Banking Systems Manager Average Salary in Helsinki 2024
How much money does a person working as Financial Banking Systems Manager make in Helsinki?
LOW
3,480
EUR AVERAGE
7,570
EUR HIGH
12,000
EUR
A person working as Financial Banking Systems Manager in Helsinki typically earns around 7,570 EUR. Salaries range from 3,480 EUR (lowest) to 12,000 EUR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Financial Banking Systems Manager salaries in Helsinki vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Financial Banking Systems Manager Pay Scale and Salaries in Helsinki
Salary Structure and Pay Scale Comparison
7,180 EUR or more
6,290 to 7,180 EUR
4,330 EUR or less
4,330 to 6,290 EUR
 3,480 EUR |
7,240 EUR |
12,000 EUR |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Financial Banking Systems Manager in Helsinki range from 3,480 EUR (starting salary) to 12,000 EUR (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 7,240 EUR, half of the professionals who work as Financial Banking Systems Manager in Helsinki 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 Financial Banking Systems Manager in Helsinki earn less than 5,830 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 8,340 EUR 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 Financial Banking Systems Manager in Helsinki compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 4,330 EUR to 6,290 EUR. About 20% of salaries are below the 4,330 EUR mark, while 10% fall within the range of 6,290 EUR to 7,180 EUR. Only 5% of individuals have salaries exceeding 7,180 EUR.
Salary Comparison by Years of Experience / Financial Banking Systems Manager / Helsinki
How do experience and age affect pay?
| 0 - 2 Years | 3,950 EUR | |
| 2 - 5 Years | +34% | 5,280 EUR |
| 5 - 10 Years | +48% | 7,800 EUR |
| 10 - 15 Years | +22% | 9,510 EUR |
| 15 - 20 Years | +9% | 10,400 EUR |
| 20+ Years | +8% | 11,200 EUR |
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 Financial Banking Systems Manager and this is what we found.
Employees with less than two years of experience earn approximately 3,950 EUR.
While someone with an experience level between two and five years is expected to earn 5,280 EUR, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 7,800 EUR, 48% 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 9,510 EUR, 22% 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 10,400 EUR, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 11,200 EUR, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Financial Banking Systems Manager / Helsinki
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Financial Banking Systems Manager.
| Bachelor's Degree | 4,600 EUR | |
| Master's Degree | +93% | 8,870 EUR |
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 Financial Banking Systems Manager in order to make a comparison.
Level 1: Bachelor's Degree
Employees at this education level have an average salary of 4,600 EUR.
Level 2: Master's Degree
At this level, the average salary becomes 8,870 EUR, 93% 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 Finland costs anywhere from 23,500 EUR to 70,600 EUR 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 and Compensation Comparison By Gender / Financial Banking Systems Manager / Helsinki
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 Financial Banking Systems Manager in Finland, the average difference between the salary of male and female employees is 4%.
| Male | 6,960 EUR | |
| Female | -4% | 6,670 EUR |
Salary Comparison By Gender in Finland for all Careers
Average Annual Salary Increment Percentage / Financial Banking Systems Manager / Helsinki
How much are annual salary increments in Helsinki for individuals working as Financial Banking Systems Manager? How often do employees get salary raises?
Individuals working as Financial Banking Systems Manager in Finland 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 16 months.
Finland / All Professions
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
Worldwide Salary Raises: All Countries and All Jobs
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 / Financial Banking Systems Manager / Finland
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/finland/banking/financial-banking-systems-manager/annual-salary-bonus-rate-finland-financial-banking-systems-manager.jpg
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 BonusesThe 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.
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 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.
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 / Financial Banking Systems Manager / Helsinki
44 EUR per hourThe average hourly wage (pay per hour) for individuals working as Financial Banking Systems Manager in Helsinki is 44 EUR.This is the rate they get paid for every worked hour.
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 Financial Banking Systems Manager in Helsinki is 20 EUR. 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 Title | Average Salary |
| Banking |  -100% | |
| AML Analyst | 7,440 EUR | -2% |
| Assistant Bank Branch Manager | 6,370 EUR | -16% |
| Assistant Bank Manager | 8,760 EUR |  +16% |
| ATM Manager | 7,710 EUR | +2% |
| ATM Service Technician | 2,010 EUR | -73% |
| Bank Accounts Analyst | 2,790 EUR | -63% |
| Bank Accounts Collector | 1,850 EUR | -76% |
| Bank Accounts Controller | 3,670 EUR | -52% |
| Bank Accounts Executive | 5,680 EUR | -25% |
| Bank Accounts Manager | 6,210 EUR | -18% |
| Bank Auditing Manager | 6,760 EUR | -11% |
| Bank Branch Manager | 9,190 EUR | +21% |
| Bank Branch Operations Coordinator | 4,060 EUR | -46% |
| Bank Clerk | 1,760 EUR | -77% |
| Bank Client Service Associate | 2,550 EUR | -66% |
| Bank Collector | 1,890 EUR | -75% |
| Bank Compliance Specialist | 4,560 EUR | -40% |
| Bank Manager | 10,700 EUR | +41% |
| Bank Operational Risk Manager | 10,100 EUR | +33% |
| Bank Operations Head | 11,100 EUR | +47% |
| Bank Operations Officer | 4,220 EUR | -44% |
| Bank Operations Specialist | 6,300 EUR | -17% |
| Bank Process Manager | 6,020 EUR | -20% |
| Bank Product Manager | 6,650 EUR | -12% |
| Bank Programme Manager | 6,940 EUR | -8% |
| Bank Project Manager | 8,690 EUR | +15% |
| Bank Propositions Manager | 7,460 EUR | -1% |
| Bank Quantitative Analyst | 5,570 EUR | -26% |
| Bank Regional Manager | 10,800 EUR | +43% |
| Bank Regional Risk Officer | 5,600 EUR | -26% |
| Bank Relationship Manager | 8,230 EUR | +9% |
| Bank Relationship Officer | 3,530 EUR | -53% |
| Bank Sustainability Analyst | 6,150 EUR | -19% |
| Bank Teller | 1,940 EUR | -74% |
| Banker | 3,920 EUR | -48% |
| Banking Business Analyst | 5,580 EUR | -26% |
| Banking Business Development Officer | 3,430 EUR | -55% |
| Banking Business Planning Executive | 7,720 EUR | +2% |
| Banking Data Analyst | 6,580 EUR | -13% |
| Banking Product Manager | 6,640 EUR | -12% |
| Banking Reference Data Manager | 6,300 EUR | -17% |
| Banking Regulatory Compliance Officer | 6,380 EUR | -16% |
| Banking Risk Analyst | 5,450 EUR | -28% |
| Banking Technical Analyst | 2,800 EUR | -63% |
| Bankruptcy Coordinator | 3,910 EUR | -48% |
| Bill and Account Collector | 2,030 EUR | -73% |
| Blockchain Analyst | 4,560 EUR | -40% |
| Blockchain Architect | 5,530 EUR | -27% |
| Blockchain Auditor | 4,620 EUR | -39% |
| Blockchain Compliance Analyst | 4,990 EUR | -34% |
| Blockchain Consultant | 5,450 EUR | -28% |
| Blockchain Trade Facilitator | 4,340 EUR | -43% |
| Budget Analyst | 5,480 EUR | -28% |
| Capital Risk Manager | 10,700 EUR | +41% |
| Cards Marketing Manager | 6,590 EUR | -13% |
| Cash Management Manager | 9,990 EUR | +32% |
| Check Processing Manager | 6,980 EUR | -8% |
| Chief Blockchain Officer | 6,020 EUR | -20% |
| Commercial Vault Associate | 5,130 EUR | -32% |
| Corporate Banker | 4,120 EUR | -46% |
| Corporate Dealer | 5,750 EUR | -24% |
| Credit Analyst | 4,310 EUR | -43% |
| Credit and Collections Manager | 7,070 EUR | -7% |
| Credit Card Fraud Investigator | 5,660 EUR | -25% |
| Credit Portfolio Manager | 10,300 EUR | +36% |
| Credit Risk Analyst | 6,240 EUR | -18% |
| Credit Risk Associate | 5,630 EUR | -26% |
| Cryptocurrency Accountant | 3,360 EUR | -56% |
| Cryptocurrency Adviser | 6,810 EUR | -10% |
| Cryptocurrency Analyst | 5,320 EUR | -30% |
| Cryptocurrency Compliance Manager | 6,250 EUR | -17% |
| Cryptocurrency Trader | 5,840 EUR | -23% |
| Digital Banking Manager | 7,160 EUR | -5% |
| Digital Currency Analyst | 5,320 EUR | -30% |
| Direct Bank Sales Representative | 4,050 EUR | -47% |
| Exchange Control Consultant | 5,790 EUR | -24% |
| Executive Account Analyst | 5,240 EUR | -31% |
| Financial Bank Planning Consultant | 7,110 EUR | -6% |
| Financial Banking Analysis Manager | 8,290 EUR | +9% |
| Financial Banking Assistant | 2,540 EUR | -66% |
| Financial Banking Systems Manager | 7,570 EUR | -0% |
| Foreign Exchange Manager | 7,640 EUR | +1% |
| Fraud Analyst | 6,120 EUR | -19% |
| Fraud Detection Associate | 3,960 EUR | -48% |
| Fraud Detection Manager | 8,950 EUR | +18% |
| Fraud Detection Supervisor | 4,990 EUR | -34% |
| Internal Bank Audit Manager | 10,300 EUR | +36% |
| Internal Bank Auditor | 5,150 EUR | -32% |
| Internal Private Banker | 4,140 EUR | -45% |
| International Banking Manager | 11,400 EUR | +51% |
| Investment Banking Analyst | 8,250 EUR | +9% |
| Loan Analyst | 5,680 EUR | -25% |
| Loan Area Manager | 6,690 EUR | -12% |
| Loan Audit Team Leader | 6,260 EUR | -17% |
| Loan Branch Manager | 6,460 EUR | -15% |
| Loan Business Development Officer | 3,300 EUR | -56% |
| Loan Clerk | 2,010 EUR | -73% |
| Loan Collection and Recovery Manager | 6,710 EUR | -11% |
| Loan Collection Manager | 6,430 EUR | -15% |
| Loan Collector | 1,730 EUR | -77% |
| Loan Examiner | 2,410 EUR | -68% |
| Loan Officer | 2,090 EUR | -72% |
| Loan Processing Manager | 6,200 EUR | -18% |
| Loan Processor | 2,450 EUR | -68% |
| Loan Quality Assurance Auditor | 5,740 EUR | -24% |
| Loan Quality Assurance Manager | 6,030 EUR | -20% |
| Loan Quality Assurance Representative | 4,200 EUR | -45% |
| Loan Review Manager | 5,980 EUR | -21% |
| Loan Team Leader | 5,580 EUR | -26% |
| Loans Manager | 7,020 EUR | -7% |
| Mortgage Advisor | 4,000 EUR | -47% |
| Mortgage Collection Manager | 6,380 EUR | -16% |
| Mortgage Collector | 1,860 EUR | -75% |
| Mortgage Credit Analyst | 2,850 EUR | -62% |
| Mortgage Credit Manager | 6,260 EUR | -17% |
| Mortgage Development Manager | 6,780 EUR | -10% |
| Mortgage Document Reviewer | 2,410 EUR | -68% |
| Mortgage Funding Manager | 7,460 EUR | -1% |
| Mortgage Operations Manager | 9,170 EUR | +21% |
| Mortgage Payment Processing Clerk | 2,110 EUR | -72% |
| Mortgage Processing Manager | 6,240 EUR | -18% |
| Mortgage Processor | 2,560 EUR | -66% |
| Mortgage Quality Assurance Auditor | 5,700 EUR | -25% |
| Mortgage Quality Assurance Manager | 6,170 EUR | -19% |
| Mortgage Servicing Clerk | 1,870 EUR | -75% |
| Mortgage Servicing Manager | 6,190 EUR | -18% |
| Mortgage Underwriter | 2,410 EUR | -68% |
| Online Banking Manager | 9,120 EUR | +20% |
| Open Banking Strategist | 5,590 EUR | -26% |
| Payment Processing Clerk | 1,940 EUR | -74% |
| Personal Banker | 4,080 EUR | -46% |
| Personal Banking Advisor | 4,200 EUR | -45% |
| Phone Banker | 2,710 EUR | -64% |
| Private Banker | 4,130 EUR | -45% |
| Reconciliation and Investigation Specialist | 4,660 EUR | -38% |
| Tax Officer | 3,150 EUR | -58% |
| Teller | 1,820 EUR | -76% |
| Trade Officer | 2,260 EUR | -70% |
| Trade Product Manager | 6,760 EUR | -11% |
| Trader | 2,680 EUR | -65% |
| Treasury Operations Officer | 4,840 EUR | -36% |
| Wealth Management Advisor | 8,130 EUR | +7% |
Salary Comparison By City
| City | Average Salary |
| Helsinki | 7,570 EUR |
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 Finland is 5% on average across all career fields.
| Private Sector | 4,590 EUR | |
| Public Sector | +5% | 4,810 EUR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Financial Banking Systems Manager in Helsinki?
A good and competitive compensation would range anywhere between 7,240 EUR and 8,340 EUR. 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 Financial Banking Systems Manager in Helsinki ranges from 3,480 EUR to 5,830 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.
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
