Average Commercial Vault Associate Salary in Peru for 2025

In this article, we will look at the average Commercial Vault Associate salary for 2025 in Peru and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Peruvian sol. To keep things simple, we are using the PEN currency code instead of the currency symbol S/ .

How Much Does a Commercial Vault Associate Make in Peru?

A Commercial Vault Associate working in Peru will typically earn around 96,680 PEN per year, and this can range from the lowest average salary of about 50,180 PEN to the highest average salary of 146,200 PEN.

Average Annual Salary96,680 PEN

Average Monthly Salary8,056 PEN

Average Lowest Salary50,180 PEN

Lowest Monthly Salary4,181 PEN

Average Highest Salary146,200 PEN

Highest Monthly Salary12,183 PEN

These are average salaries for a Commercial Vault Associate in Peru and include benefits such as housing and transport. It's also possible for a Commercial Vault Associate to earn more or less than the average salaries shown above.

Commercial Vault Associate salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Commercial Vault Associate Salaries in Peru

So we've looked at the average salaries a Commercial Vault Associate will earn in Peru. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Commercial Vault Associate can earn between 50,180 PEN and 146,200 PEN on average in Peru. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Commercial Vault Associate in Peru is 88,600 PEN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 88,600 PEN, and 50% of the population earn more than 88,600 PEN.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Commercial Vault Associate salary in Peru, 25% of the population are earning less than 61,760 PEN while 75% of the population earn more than 61,760 PEN.

75% of the population earn less than 107,580 PEN, and 25% of the population earn more than 107,580 PEN.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

If your salary is higher than the average and the median salary, you are earning well compared to others.
If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Commercial Vault Associate Salary by Experience Level in Peru

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Commercial Vault Associate salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

0 - 2 Years Experience. A Commercial Vault Associate in Peru that has less than two years of experience can expect to earn somewhere in the region of 60,180 PEN.
2 - 5 Years Experience. With two to five years of experience the average Commercial Vault Associate salary would increase to 77,640 PEN.
5 - 10 Years Experience. From five to ten years of experience as a Commercial Vault Associate, the average salary would be 101,900 PEN.
10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 118,060 PEN.
15 - 20 Years Experience. A Commercial Vault Associate with 15 to 20 years of experience can earn an average of 128,900 PEN.
20+ Years Experience. For a Commercial Vault Associate with more than 20 years, the expected average salary increases to 138,200 PEN.

Average Salary by Experience Chart

0-2 Years	-	60,180 PEN
2-5 Years	+26%	77,640 PEN
5-10 Years	+32%	101,900 PEN
10-15 Years	+18%	118,060 PEN
15-20 Years	+11%	128,900 PEN
20+ Years	+6%	138,200 PEN

Commercial Vault Associate Salary by Education Level in Peru

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Commercial Vault Associate in Peru based on the education level of the employees in order to find out whether a better education level would increase your salary.

Bachelor's Degree. A Commercial Vault Associate in Peru with a bachelor's degree education can earn an average salary of 78,160 PEN.
Master's Degree. A Commercial Vault Associate in Peru with a master's degree education can earn an average salary of 118,520 PEN.

Average Salary by Education Chart

Bachelor's Degree	-	78,160 PEN
Master's Degree	+53%	118,520 PEN

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Peru is around 37,700 to 113,000 PEN and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Commercial Vault Associate Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Peru, a male commercial vault associate will earn an average of 98,540 PEN, while a female commercial vault associate will earn around 92,500 PEN.

This means that a male commercial vault associate earns approximately 7% more than a female commercial vault associate for performing the same job.

Average Salary by Gender Chart in Peru

Male	-	98,540 PEN
Female	-7%	92,500 PEN

Commercial Vault Associate Average Pay Raise in Peru

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Commercial Vault Associate in Peru is around 13% every 16 months.

The national average pay raise across all professions and industries in Peru is around 9% every 17 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 13 ÷ 16 ) × 12  = 10%

What this means is that a Commercial Vault Associate in Peru can expect to receive an average pay raise of around 10% every 12 months.

Annual Pay Raise by Industry in Peru for 2025

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Peru.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking	-	8%
Energy	-	7%
Information Technology	-	6%
Healthcare	-	5%
Travel	-	4%
Construction	-	3%
Education	-	2%

Commercial Vault Associate Bonus and Incentive Rates in Peru

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Commercial Vault Associate is a low bonus based job, with 24% of employees reporting at least one bonus in the last 12 months.

76% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 1% to 2%.

Received Bonus	-	24%
No Bonus	-	76%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Peru earn approximately 10% more than private sector employees in the same role.

Public Sector	-	93,880 PEN
Private Sector	-10%	85,700 PEN

Salaries for Jobs Similar to a Commercial Vault Associate

In the table below, we have salary information for jobs that are similar to a Commercial Vault Associate in Peru.

Job Title	Category	Salary
AML Analyst	Banking	138,200 PEN
ATM Manager	Banking	125,100 PEN
ATM Service Technician	Banking	36,020 PEN
Assistant Bank Branch Manager	Banking	118,260 PEN
Assistant Bank Manager	Banking	152,100 PEN
Bank Accounts Analyst	Banking	50,560 PEN
Bank Accounts Collector	Banking	31,180 PEN
Bank Accounts Controller	Banking	64,180 PEN
Bank Accounts Executive	Banking	92,500 PEN
Bank Accounts Manager	Banking	114,000 PEN
Bank Auditing Manager	Banking	113,740 PEN
Bank Branch Manager	Banking	163,800 PEN
Bank Branch Operations Coordinator	Banking	65,080 PEN
Bank Clerk	Banking	32,620 PEN
Bank Client Service Associate	Banking	40,600 PEN
Bank Collector	Banking	31,660 PEN
Bank Compliance Specialist	Banking	83,760 PEN
Bank Manager	Banking	181,600 PEN
Bank Operational Risk Manager	Banking	187,300 PEN
Bank Operations Head	Banking	195,200 PEN
Bank Operations Officer	Banking	72,740 PEN
Bank Operations Specialist	Banking	107,880 PEN
Bank Process Manager	Banking	105,980 PEN
Bank Product Manager	Banking	119,900 PEN
Bank Programme Manager	Banking	129,000 PEN
Bank Project Manager	Banking	150,000 PEN
Bank Propositions Manager	Banking	136,100 PEN
Bank Quantitative Analyst	Banking	89,980 PEN
Bank Regional Manager	Banking	197,600 PEN
Bank Regional Risk Officer	Banking	93,600 PEN
Bank Relationship Manager	Banking	142,300 PEN
Bank Relationship Officer	Banking	66,480 PEN
Bank Teller	Banking	31,040 PEN
Banker	Banking	65,800 PEN
Banking Business Analyst	Banking	99,080 PEN
Banking Business Development Officer	Banking	62,420 PEN
Banking Business Planning Executive	Banking	130,400 PEN
Banking Product Manager	Banking	123,400 PEN
Banking Reference Data Manager	Banking	103,200 PEN
Banking Risk Analyst	Banking	99,280 PEN
Banking Technical Analyst	Banking	51,100 PEN
Bankruptcy Coordinator	Banking	69,060 PEN
Bill and Account Collector	Banking	31,040 PEN
Budget Analyst	Banking	93,340 PEN
Capital Risk Manager	Banking	183,700 PEN
Cards Marketing Manager	Banking	123,400 PEN
Cash Management Manager	Banking	167,100 PEN
Check Processing Manager	Banking	119,700 PEN
Corporate Banker	Banking	70,940 PEN
Corporate Dealer	Banking	97,060 PEN
Credit Analyst	Banking	72,260 PEN
Credit Card Fraud Investigator	Banking	100,140 PEN
Credit Portfolio Manager	Banking	187,500 PEN
Credit Risk Analyst	Banking	110,120 PEN
Credit Risk Associate	Banking	101,920 PEN
Credit and Collections Manager	Banking	136,200 PEN
Direct Bank Sales Representative	Banking	65,920 PEN
Exchange Control Consultant	Banking	102,380 PEN
Executive Account Analyst	Banking	92,400 PEN
Financial Bank Planning Consultant	Banking	119,700 PEN
Financial Banking Analysis Manager	Banking	146,200 PEN
Financial Banking Assistant	Banking	45,620 PEN
Financial Banking Systems Manager	Banking	125,700 PEN
Foreign Exchange Manager	Banking	146,200 PEN
Fraud Analyst	Banking	102,160 PEN
Fraud Detection Associate	Banking	69,060 PEN
Fraud Detection Manager	Banking	150,000 PEN
Fraud Detection Supervisor	Banking	82,160 PEN
Internal Bank Audit Manager	Banking	175,900 PEN
Internal Bank Auditor	Banking	92,900 PEN
Internal Private Banker	Banking	73,820 PEN
International Banking Manager	Banking	189,300 PEN
Investment Banking Analyst	Banking	137,400 PEN
Loan Analyst	Banking	96,500 PEN
Loan Area Manager	Banking	123,400 PEN
Loan Audit Team Leader	Banking	115,260 PEN
Loan Branch Manager	Banking	108,340 PEN
Loan Business Development Officer	Banking	57,800 PEN
Loan Clerk	Banking	31,040 PEN
Loan Collection Manager	Banking	116,740 PEN
Loan Collection and Recovery Manager	Banking	113,560 PEN
Loan Collector	Banking	31,660 PEN
Loan Examiner	Banking	45,060 PEN
Loan Officer	Banking	36,800 PEN
Loan Processing Manager	Banking	105,980 PEN
Loan Processor	Banking	42,040 PEN
Loan Quality Assurance Auditor	Banking	102,380 PEN
Loan Quality Assurance Manager	Banking	108,340 PEN
Loan Quality Assurance Representative	Banking	72,360 PEN
Loan Review Manager	Banking	103,440 PEN
Loan Team Leader	Banking	99,340 PEN
Loans Manager	Banking	128,900 PEN
Mortgage Advisor	Banking	66,100 PEN
Mortgage Collection Manager	Banking	107,860 PEN
Mortgage Collector	Banking	31,040 PEN
Mortgage Credit Analyst	Banking	52,180 PEN
Mortgage Credit Manager	Banking	105,800 PEN
Mortgage Development Manager	Banking	128,500 PEN
Mortgage Document Reviewer	Banking	43,220 PEN
Mortgage Funding Manager	Banking	123,400 PEN
Mortgage Operations Manager	Banking	172,400 PEN
Mortgage Payment Processing Clerk	Banking	38,260 PEN
Mortgage Processing Manager	Banking	104,060 PEN
Mortgage Processor	Banking	45,600 PEN
Mortgage Quality Assurance Auditor	Banking	93,280 PEN
Mortgage Quality Assurance Manager	Banking	114,900 PEN
Mortgage Servicing Clerk	Banking	34,160 PEN
Mortgage Servicing Manager	Banking	103,900 PEN
Mortgage Underwriter	Banking	41,180 PEN
Online Banking Manager	Banking	172,200 PEN
Payment Processing Clerk	Banking	35,560 PEN
Personal Banker	Banking	70,940 PEN
Personal Banking Advisor	Banking	69,540 PEN
Phone Banker	Banking	48,820 PEN
Private Banker	Banking	67,900 PEN
Reconciliation and Investigation Specialist	Banking	80,340 PEN
Tax Officer	Banking	60,480 PEN
Teller	Banking	33,440 PEN
Trade Officer	Banking	38,700 PEN
Trade Product Manager	Banking	109,460 PEN
Trader	Banking	48,940 PEN
Treasury Operations Officer	Banking	87,880 PEN

Salary Comparison by City

If you want to compare salaries with different cities in Peru, you can use the links below to explore the data for each specific city we have researched.

City	Average Salary
Arequipa	99,280 PEN
Chiclayo	98,820 PEN
Cusco	88,600 PEN
Huancayo	96,720 PEN
Iquitos	84,780 PEN
Lima	100,580 PEN
Trujillo	97,260 PEN

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