Banking Operations Manager I Salary in Newark, New Jersey

How much does a Banking Operations Manager I make in Newark, NJ? The average Banking Operations Manager I salary in Newark, NJ is $77,552 as of August 27, 2020, but the range typically falls between $64,784 and $93,427. 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 Newark, New Jersey    Newark (/ˈnjuːərk/,[24] locally /njʊərk/)[25] is the most populous city in the U.S. state of New Jersey and the seat of Essex County.[26] As one of th....More

Newark, New Jersey  area prices were up 1.6% from a year ago    View the Cost of Living in Newark, New Jersey

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

 
 
 
64784
93427
77552

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
67744
102137
83117
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 Newark, NJ. The base salary for Banking Operations Manager I ranges from $64,784 to $93,427 with the average base salary of $77,552. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $67,744 to $102,137 with the average total cash compensation of $83,117.
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64784
93427

 

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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

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Job Openings for Banking Operations Manager I in Newark, NJ