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Banking

Salary for position Private Banker in Saudi Arabia

Gross monthly salary in Saudi Arabia is
An employee's salary is influenced by several factors, primarily the region in which they work, length of experience, company size, and more.
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80% of people earn:
7,277 - 24,838 SAR
10% earn less lthan 7,277 SAR
10% earns more than 24,838 SAR
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Salaries in the survey are expressed in gross.

Based on the Saudiarabia.paylab.com salary survey, 80% of people on the Private Banker position in the Saudi Arabia earn between 7,277 SAR and 24,838 SAR monthly gross.

10% of employees earn less than 7,277 SAR and 10% of people earn more than 24,838 SAR.

The survey is based on data from employees, cleaned of extreme and duplicate values. By taking a free, anonymous survey, you will get a more accurate salary comparison with other people working in the same position as you.
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What kind of work does Private Banker typically do

  • Managing liquid assets, stocks, bonds and real estate of highly creditworthy bank clients.
  • Seeking out potential clients and their acquisition within their area of operation.
  • Detecting the individual requirements and objectives of clients with the intention to propose the optimal investment solution for the appreciation of their property.
  • Communicating with experts in asset management, real estate, lawyers etc.
  • Providing advice in the investment and real estate area.
  • Handling the special requirements of clients (e.g. booking tickets for an event, providing private jet transportation, etc.).

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The most common career path of an employee

The graphic shows how employees most often progress in their careers. Click on the name of the position to get to its detail with salary data.

Position Private Banker in the labour market

In the salary ranking,
the job position takes

111. place

Women representation in position

n/a

Average age of respondent by position

n/a

664. place

Cleaner

General labour

Salary group 1

2,000 - 3,619 SAR

112. place

Design Technician

Electrical & Power Engineering

Salary group 2

9,023 - 22,385 SAR

111. place

Private Banker

Banking

Salary group 2

7,277 - 24,838 SAR

110. place

Security Service Manager

Management

Salary group 2

6,363 - 26,234 SAR

1. place

Chief Executive Officer

Top Management

Salary group 3

15,296 - 117,448 SAR

Is this salary range too huge?

You can find out the average salary in your region by filling out a short questionnaire

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Data for salary decisions
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What does a salary report contain?
  • Salary for the position by region, education, experience, company size, age
  • Distribution of respondents into wage bands
  • Salary range from 1st to 9th decile
  • A breakdown of all monitored non-financial benefits
  • Analysis of financial benefits
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Frequently asked Questions

Frequently asked questions and answers about the salary for the position Private Banker.

The total gross salary for the position Private Banker ranges between 6,012 SAR and 43,549 SAR per month. For an accurate comparison, we recommend checking your salary through the questionnaire on Saudiarabia.paylab.com to get a more precise view of the salary, considering the region where you work.

The highest-earning employees in the position Private Banker have a total gross salary of at least 24,838 SAR per month.

10% of the highest-earning employees in this position have a total gross salary higher than 24,838 SAR per month, and 10% of the lowest-earning employees in this position have a total gross salary lower than 7,277 SAR per month. By participating in our salary survey, you will get an accurate comparison of your salary with the market average, considering the region where you work.

After working for 5 years, the position Private Banker earns 17,609 SAR per month gross.

You need to be well prepared for salary negotiations. During salary negotiation, we recommend focusing on the following aspects:
  • find out the current market value of the position – on Saudiarabia.paylab.com you can check it for free and anonymously
  • highlight your experience and achievements – it is good to time the salary discussion well
  • expanded responsibilities – if you work beyond your role and assigned duties
  • prepare alternatives – if a salary increase is not possible, there are other options (bonuses, extra vacation, etc.)

The salary data comes from a pay survey where everyone can anonymously compare their salary with other employees working in the same position. We clean and process this data according to our methodology. For the position Private Banker, we currently have less than 20 verified respondents collected.