Average Exchange Control Consultant Salary in Seoul, South Korea for 2025

In this article, we will look at the average Exchange Control Consultant salary for 2025 in Seoul 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 South Korean won. To keep things simple, we are using the KRW currency code instead of the currency symbol .

How Much Does an Exchange Control Consultant Make in Seoul?

An Exchange Control Consultant working in Seoul will typically earn around 59,878,400 KRW per year, and this can range from the lowest average salary of about 28,200,200 KRW to the highest average salary of 94,681,700 KRW.

Average Annual Salary59,878,400 KRW
Average Monthly Salary4,989,866 KRW
Average Lowest Salary28,200,200 KRW
Lowest Monthly Salary2,350,016 KRW
Average Highest Salary94,681,700 KRW
Highest Monthly Salary7,890,141 KRW

These are average salaries for an Exchange Control Consultant in Seoul and include benefits such as housing and transport. It's also possible for an Exchange Control Consultant to earn more or less than the average salaries shown above.

Exchange Control Consultant 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 Exchange Control Consultant Salaries in Seoul

So we've looked at the average salaries an Exchange Control Consultant will earn in Seoul. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Exchange Control Consultant can earn between 28,200,200 KRW and 94,681,700 KRW on average in Seoul. 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 an Exchange Control Consultant in Seoul is 63,481,200 KRW. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 63,481,200 KRW, and 50% of the population earn more than 63,481,200 KRW.

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 Exchange Control Consultant salary in Seoul, 25% of the population are earning less than 41,280,700 KRW while 75% of the population earn more than 41,280,700 KRW.

75% of the population earn less than 83,880,500 KRW, and 25% of the population earn more than 83,880,500 KRW.

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.

Exchange Control Consultant Salary by Experience Level in Seoul

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 Exchange Control Consultant 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. An Exchange Control Consultant in Seoul that has less than two years of experience can expect to earn somewhere in the region of 32,519,500 KRW.
  • 2 - 5 Years Experience. With two to five years of experience the average Exchange Control Consultant salary would increase to 44,760,700 KRW.
  • 5 - 10 Years Experience. From five to ten years of experience as an Exchange Control Consultant, the average salary would be 63,719,600 KRW.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 77,641,200 KRW.
  • 15 - 20 Years Experience. An Exchange Control Consultant with 15 to 20 years of experience can earn an average of 81,961,200 KRW.
  • 20+ Years Experience. For an Exchange Control Consultant with more than 20 years, the expected average salary increases to 89,281,500 KRW.

Average Salary by Experience Chart

0-2 Years-
32,519,500 KRW
2-5 Years+38%
44,760,700 KRW
5-10 Years+42%
63,719,600 KRW
10-15 Years+22%
77,641,200 KRW
15-20 Years+6%
81,961,200 KRW
20+ Years+9%
89,281,500 KRW

Exchange Control Consultant Salary by Education Level in Seoul

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 an Exchange Control Consultant in Seoul 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. An Exchange Control Consultant in Seoul with a bachelor's degree education can earn an average salary of 44,760,700 KRW.
  • Master's Degree. An Exchange Control Consultant in Seoul with a master's degree education can earn an average salary of 81,961,200 KRW.

Average Salary by Education Chart

Bachelor's Degree-
44,760,700 KRW
Master's Degree+83%
81,961,200 KRW

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 South Korea is around 19,400,000 to 58,300,000 KRW 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.

Exchange Control Consultant 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 Seoul, a male exchange control consultant will earn an average of 55,201,700 KRW, while a female exchange control consultant will earn around 52,078,500 KRW.

This means that a male exchange control consultant earns approximately 6% more than a female exchange control consultant for performing the same job.

Average Salary by Gender Chart in Seoul

Male-
55,201,700 KRW
Female-6%
52,078,500 KRW

Exchange Control Consultant Average Pay Raise in Seoul

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 an Exchange Control Consultant in Seoul is around 13% every 15 months.

The national average pay raise across all professions and industries in South Korea is around 9% every 16 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 ÷ 15 ) × 12  = 10%

What this means is that an Exchange Control Consultant in Seoul can expect to receive an average pay raise of around 10% every 12 months.

Annual Pay Raise by Industry in Seoul for 2025

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

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

Banking-
6%
Energy-
3%
Information Technology-
9%
Healthcare-
6%
Travel-
3%
Construction-
9%
Education-
6%

Exchange Control Consultant Bonus and Incentive Rates in Seoul

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.

An Exchange Control Consultant is a high bonus based job, with 79% of employees reporting at least one bonus in the last 12 months.

21% 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 6% to 8%.

Received Bonus-
79%
No Bonus-
21%

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 South Korea earn approximately 6% more than private sector employees in the same role.

Public Sector-
47,880,300 KRW
Private Sector-6%
45,239,100 KRW

Salaries for Jobs Similar to an Exchange Control Consultant

In the table below, we have salary information for jobs that are similar to an Exchange Control Consultant in Seoul.

Job TitleCategorySalary
AML AnalystBanking75,959,500 KRW
ATM ManagerBanking67,200,800 KRW
ATM Service TechnicianBanking18,720,200 KRW
Assistant Bank Branch ManagerBanking64,801,300 KRW
Assistant Bank ManagerBanking86,641,400 KRW
Bank Accounts AnalystBanking29,278,200 KRW
Bank Accounts CollectorBanking17,278,100 KRW
Bank Accounts ControllerBanking35,878,200 KRW
Bank Accounts ExecutiveBanking53,879,800 KRW
Bank Accounts ManagerBanking63,360,300 KRW
Bank Auditing ManagerBanking61,441,300 KRW
Bank Branch ManagerBanking87,118,500 KRW
Bank Branch Operations CoordinatorBanking38,521,100 KRW
Bank ClerkBanking16,679,800 KRW
Bank Client Service AssociateBanking22,321,900 KRW
Bank CollectorBanking16,439,200 KRW
Bank Compliance SpecialistBanking46,319,900 KRW
Bank ManagerBanking102,359,100 KRW
Bank Operational Risk ManagerBanking100,439,300 KRW
Bank Operations HeadBanking101,759,700 KRW
Bank Operations OfficerBanking42,000,700 KRW
Bank Operations SpecialistBanking64,920,700 KRW
Bank Process ManagerBanking57,961,400 KRW
Bank Product Manager Banking65,641,400 KRW
Bank Programme ManagerBanking70,679,800 KRW
Bank Project ManagerBanking81,359,100 KRW
Bank Propositions ManagerBanking71,400,600 KRW
Bank Quantitative AnalystBanking48,721,100 KRW
Bank Regional ManagerBanking103,681,100 KRW
Bank Regional Risk OfficerBanking55,081,300 KRW
Bank Relationship ManagerBanking77,041,100 KRW
Bank Relationship OfficerBanking34,198,600 KRW
Bank TellerBanking17,640,500 KRW
BankerBanking34,561,900 KRW
Banking Business AnalystBanking53,521,300 KRW
Banking Business Development OfficerBanking31,919,300 KRW
Banking Business Planning ExecutiveBanking74,879,200 KRW
Banking Product ManagerBanking65,759,500 KRW
Banking Reference Data ManagerBanking54,840,400 KRW
Banking Risk AnalystBanking54,719,600 KRW
Banking Technical AnalystBanking29,161,000 KRW
Bankruptcy CoordinatorBanking39,119,300 KRW
Bill and Account CollectorBanking18,121,700 KRW
Budget AnalystBanking54,118,500 KRW
Capital Risk ManagerBanking100,081,100 KRW
Cards Marketing ManagerBanking69,001,000 KRW
Cash Management ManagerBanking90,479,600 KRW
Check Processing ManagerBanking67,798,800 KRW
Commercial Vault AssociateBanking53,879,800 KRW
Corporate BankerBanking37,318,700 KRW
Corporate DealerBanking56,520,500 KRW
Credit AnalystBanking42,479,000 KRW
Credit Card Fraud InvestigatorBanking52,558,300 KRW
Credit Portfolio ManagerBanking103,201,100 KRW
Credit Risk AnalystBanking60,361,600 KRW
Credit Risk AssociateBanking58,319,900 KRW
Credit and Collections ManagerBanking74,758,600 KRW
Direct Bank Sales RepresentativeBanking36,601,600 KRW
Executive Account AnalystBanking52,438,500 KRW
Financial Bank Planning ConsultantBanking69,959,300 KRW
Financial Banking Analysis ManagerBanking78,121,700 KRW
Financial Banking AssistantBanking25,679,100 KRW
Financial Banking Systems ManagerBanking74,279,700 KRW
Foreign Exchange ManagerBanking80,640,500 KRW
Fraud AnalystBanking53,879,800 KRW
Fraud Detection AssociateBanking36,601,600 KRW
Fraud Detection ManagerBanking78,598,500 KRW
Fraud Detection SupervisorBanking44,878,500 KRW
Internal Bank Audit ManagerBanking96,358,400 KRW
Internal Bank AuditorBanking51,959,300 KRW
Internal Private BankerBanking36,960,300 KRW
International Banking ManagerBanking111,241,200 KRW
Investment Banking AnalystBanking74,518,900 KRW
Loan AnalystBanking50,158,700 KRW
Loan Area ManagerBanking67,200,800 KRW
Loan Audit Team LeaderBanking62,879,900 KRW
Loan Branch ManagerBanking57,118,900 KRW
Loan Business Development OfficerBanking31,320,700 KRW
Loan ClerkBanking18,479,600 KRW
Loan Collection ManagerBanking63,599,700 KRW
Loan Collection and Recovery ManagerBanking64,560,300 KRW
Loan CollectorBanking17,879,000 KRW
Loan ExaminerBanking24,119,700 KRW
Loan OfficerBanking19,321,100 KRW
Loan Processing ManagerBanking54,600,600 KRW
Loan ProcessorBanking23,159,200 KRW
Loan Quality Assurance AuditorBanking52,800,100 KRW
Loan Quality Assurance ManagerBanking59,518,100 KRW
Loan Quality Assurance RepresentativeBanking40,199,100 KRW
Loan Review ManagerBanking61,561,100 KRW
Loan Team LeaderBanking55,801,900 KRW
Loans ManagerBanking73,558,300 KRW
Mortgage AdvisorBanking35,159,900 KRW
Mortgage Collection ManagerBanking60,239,600 KRW
Mortgage CollectorBanking17,039,100 KRW
Mortgage Credit AnalystBanking28,078,900 KRW
Mortgage Credit ManagerBanking59,878,400 KRW
Mortgage Development ManagerBanking69,599,200 KRW
Mortgage Document ReviewerBanking24,000,900 KRW
Mortgage Funding ManagerBanking65,401,000 KRW
Mortgage Operations ManagerBanking93,838,400 KRW
Mortgage Payment Processing ClerkBanking20,999,200 KRW
Mortgage Processing ManagerBanking58,680,100 KRW
Mortgage ProcessorBanking23,399,000 KRW
Mortgage Quality Assurance AuditorBanking49,801,000 KRW
Mortgage Quality Assurance ManagerBanking57,841,700 KRW
Mortgage Servicing ClerkBanking18,359,600 KRW
Mortgage Servicing ManagerBanking59,040,700 KRW
Mortgage UnderwriterBanking21,961,700 KRW
Online Banking ManagerBanking95,880,900 KRW
Payment Processing ClerkBanking17,879,000 KRW
Personal BankerBanking38,039,000 KRW
Personal Banking Advisor Banking37,919,200 KRW
Phone BankerBanking25,440,400 KRW
Private BankerBanking37,078,800 KRW
Reconciliation and Investigation SpecialistBanking42,479,000 KRW
Tax OfficerBanking33,001,000 KRW
TellerBanking18,239,400 KRW
Trade OfficerBanking22,441,700 KRW
Trade Product ManagerBanking59,040,700 KRW
TraderBanking25,079,200 KRW
Treasury Operations OfficerBanking45,119,800 KRW

Salary Comparison by City

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

CityAverage Salary
Bucheon50,039,800 KRW
Busan60,119,800 KRW
Daegu60,481,000 KRW
Daejeon54,840,400 KRW
Goyang51,119,900 KRW
Gwangju54,961,400 KRW
Incheon60,361,600 KRW
Seongnam52,918,800 KRW
Suweon55,081,300 KRW
Ulsan50,998,800 KRW

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