JobXDubai

Banking Salaries in Dubai/UAE – 2024

Vadim Kouznetsov
3–5 minutes

Below is a comprehensive salary guide for various roles in the Banking sector in Dubai/UAE for 2024. This guide covers private banking and wealth management, corporate banking, compliance and regulation, and risk roles. All salaries are listed in USD and AED.

Index

Private Banking and Wealth Management

Head of Private Banking / Wealth Management (16+ years)

  • Lower Range: $149,000 (AED 547,030)
  • Higher End: $186,000 (AED 682,260)

Market Head / Managing Director (15 years)

  • Lower Range: $132,000 (AED 484,680)
  • Higher End: $154,000 (AED 565,380)

Executive Director / Unit Head (10 – 12 years)

  • Lower Range: $85,000 (AED 312,550)
  • Higher End: $110,000 (AED 404,700)

Associate Director (5 – 8 years)

  • Lower Range: $71,000 (AED 261,070)
  • Higher End: $88,000 (AED 323,840)

Senior Wealth Manager

  • Lower Range: $71,000 (AED 261,070)
  • Higher End: $88,000 (AED 323,840)

Wealth Manager

  • Lower Range: $51,000 (AED 187,470)
  • Higher End: $69,000 (AED 253,170)

Relationship Manager – Key Clients (5 – 7 years)

  • Lower Range: $49,000 (AED 180,130)
  • Higher End: $66,000 (AED 242,220)

Wealth Management Specialist

  • Lower Range: $38,000 (AED 139,460)
  • Higher End: $50,000 (AED 183,500)

Assistant Relationship Manager – Support (5 – 7 years)

  • Lower Range: $27,000 (AED 99,090)
  • Higher End: $44,000 (AED 161,480)

Corporate Banking

Head of Corporate Banking

  • Lower Range: $96,000 (AED 352,320)
  • Higher End: $146,000 (AED 535,780)

Head of SME Banking

  • Lower Range: $74,000 (AED 271,180)
  • Higher End: $112,000 (AED 410,960)

Team Leader – Corporate Banking

  • Lower Range: $88,000 (AED 323,840)
  • Higher End: $99,000 (AED 364,230)

Senior Director – Relationship Management

  • Lower Range: $71,000 (AED 261,070)
  • Higher End: $82,000 (AED 301,460)

Director – Relationship Management

  • Lower Range: $53,000 (AED 194,410)
  • Higher End: $69,000 (AED 253,170)

Relationship Manager

  • Lower Range: $38,000 (AED 139,460)
  • Higher End: $49,000 (AED 179,830)

Compliance and Regulation

Chief Compliance Officer (CCO)

  • Lower Range: $102,000 (AED 374,340)
  • Higher End: $125,000 (AED 458,750)

Head of Enforcement

  • Lower Range: $78,000 (AED 286,260)
  • Higher End: $97,000 (AED 355,190)

Head of Compliance

  • Lower Range: $70,000 (AED 256,900)
  • Higher End: $88,000 (AED 323,840)

Head of Financial Crime

  • Lower Range: $61,000 (AED 223,970)
  • Higher End: $73,000 (AED 268,190)

Head of Fraud

  • Lower Range: $56,000 (AED 205,520)
  • Higher End: $69,000 (AED 253,170)

Compliance Licensed MLRO (DIFC)

  • Lower Range: $45,000 (AED 165,150)
  • Higher End: $59,000 (AED 216,430)

Senior Manager, Banking Supervisor

  • Lower Range: $50,000 (AED 183,500)
  • Higher End: $57,000 (AED 209,610)

Manager, Banking Supervision

  • Lower Range: $45,000 (AED 165,150)
  • Higher End: $49,000 (AED 179,830)

Financial Crime Manager

  • Lower Range: $42,000 (AED 154,140)
  • Higher End: $48,000 (AED 176,640)

Fraud Manager

  • Lower Range: $39,000 (AED 143,190)
  • Higher End: $45,000 (AED 165,150)

Compliance (FATCA specialists)

  • Lower Range: $32,000 (AED 117,440)
  • Higher End: $40,000 (AED 146,800)

Compliance Manager

  • Lower Range: $33,000 (AED 121,110)
  • Higher End: $40,000 (AED 146,800)

Sanctions and AML Manager

  • Lower Range: $33,000 (AED 121,110)
  • Higher End: $39,000 (AED 143,190)

Compliance Consultant

  • Lower Range: $28,000 (AED 102,480)
  • Higher End: $39,000 (AED 143,190)

Compliance Officer-Private Banking, Wealth, Invest. products

  • Lower Range: $23,000 (AED 84,410)
  • Higher End: $29,000 (AED 106,470)

Compliance Officer (KYC, On boarding, CDD)

  • Lower Range: $16,000 (AED 58,720)
  • Higher End: $23,000 (AED 84,410)

Risk

Chief Risk Officer

  • Lower Range: $82,000 (AED 300,380)
  • Higher End: $105,000 (AED 384,150)

Head of Credit Risk

  • Lower Range: $60,000 (AED 220,200)
  • Higher End: $75,000 (AED 275,250)

Head of Collections and Recovery

  • Lower Range: $60,000 (AED 220,200)
  • Higher End: $70,000 (AED 256,900)

Market Risk Head

  • Lower Range: $59,000 (AED 216,430)
  • Higher End: $65,000 (AED 238,550)

Head of Risk Analytics

  • Lower Range: $56,000 (AED 205,520)
  • Higher End: $65,000 (AED 238,550)

Credit Risk Policies Head

  • Lower Range: $57,000 (AED 209,610)
  • Higher End: $64,000 (AED 235,360)

Operational Risk Head

  • Lower Range: $59,000 (AED 216,430)
  • Higher End: $64,000 (AED 235,360)

Credit Risk Policies VP

  • Lower Range: $53,000 (AED 194,410)
  • Higher End: $58,000 (AED 212,860)

Credit Risk Manager

  • Lower Range: $34,000 (AED 124,580)
  • Higher End: $53,000 (AED 194,410)

Operational Risk Manager

  • Lower Range: $38,000 (AED 139,460)
  • Higher End: $46,000 (AED 168,680)

Market Risk Manager

  • Lower Range: $34,000 (AED 124,580)
  • Higher End: $45,000 (AED 165,150)

Risk Analytics Manager

  • Lower Range: $28,000 (AED 102,480)
  • Higher End: $41,000 (AED 150,370)

Enterprise Risk Manager

  • Lower Range: $30,000 (AED 109,800)
  • Higher End: $38,000 (AED 139,460)

Credit Risk Analyst

  • Lower Range: $19,000 (AED 69,830)
  • Higher End: $25,000 (AED 91,750)

Risk Analytics Officer

  • Lower Range: $17,000 (AED 62,390)
  • Higher End: $25,000 (AED 91,750)

Market Risk Analyst

  • Lower Range: $20,000 (AED 73,400)
  • Higher End: $24,000 (AED 88,080)

Credit Risk Portfolio Analyst

  • Lower Range: $17,000 (AED 62,390)
  • Higher End: $23,000 (AED 84,410)

Operational Risk Analyst

  • Lower Range: $17,000 (AED 62,390)
  • Higher End: $21,000 (AED 77,070)