Banking Operations Manager I Salary in Chicago, Illinois

How much does a Banking Operations Manager I make in Chicago, IL? The average Banking Operations Manager I salary in Chicago, IL is $72,043 as of August 27, 2020, but the range typically falls between $60,183 and $86,791. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

About Chicago, Illinois    Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

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Job Description

Manages and directs the operations department for a financial institution. Ensures efficient delivery of products and services to clients. Develops and implements polices and procedures. Requires a bachelor's degree or its equivalent. Typically reports to a senior manager. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. Typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2020 Salary.com)

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Understand the total compensation opportunity for a Banking Operations Manager I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
60183
86791
72043

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
62933
94883
77214
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Banking Operations Manager I in Chicago, IL. The base salary for Banking Operations Manager I ranges from $60,183 to $86,791 with the average base salary of $72,043. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $62,933 to $94,883 with the average total cash compensation of $77,214.
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60183
86791

 

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Career Path for this job

  1. Down a level:

    Banking Operations Supervisor

    3 - 5 years experience
    Bachelor's Degree

  2. This Job:

    Banking Operations Manager I

    5 + years experience
    Bachelor's Degree

  3. Up a level:

    Banking Operations Manager II


    Bachelor's Degree

Salary for

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Job Openings for Banking Operations Manager I in Chicago, IL