Average Internal Private Banker Salary in Maracaibo, Venezuela for 2026

In this article, we will look at the average Internal Private Banker salary for 2026 in Maracaibo 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 Venezuelan bolívar soberano. To keep things simple, we are using the VES currency code instead of the currency symbol Bs.S..

How Much Does an Internal Private Banker Make in Maracaibo?

An Internal Private Banker working in Maracaibo will typically earn around 1,333,900 VES per year, and this can range from the lowest average salary of about 639,100 VES to the highest average salary of 2,086,500 VES.

Average Annual Salary1,333,900 VES
Average Monthly Salary111,158 VES
Average Lowest Salary639,100 VES
Lowest Monthly Salary53,258 VES
Average Highest Salary2,086,500 VES
Highest Monthly Salary173,875 VES

These are average salaries for an Internal Private Banker in Maracaibo and include benefits such as housing and transport. It's also possible for an Internal Private Banker to earn more or less than the average salaries shown above.

Internal Private Banker 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 Internal Private Banker Salaries in Maracaibo

So we've looked at the average salaries an Internal Private Banker will earn in Maracaibo. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Internal Private Banker can earn between 639,100 VES and 2,086,500 VES on average in Maracaibo. 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 Internal Private Banker in Maracaibo is 1,380,400 VES. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 1,380,400 VES, and 50% of the population earn more than 1,380,400 VES.

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 Internal Private Banker salary in Maracaibo, 25% of the population are earning less than 908,200 VES while 75% of the population earn more than 908,200 VES.

75% of the population earn less than 1,800,200 VES, and 25% of the population earn more than 1,800,200 VES.

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.

Internal Private Banker Salary by Experience Level in Maracaibo

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 Internal Private Banker 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 Internal Private Banker in Maracaibo that has less than two years of experience can expect to earn somewhere in the region of 746,600 VES.
  • 2 - 5 Years Experience. With two to five years of experience the average Internal Private Banker salary would increase to 1,057,700 VES.
  • 5 - 10 Years Experience. From five to ten years of experience as an Internal Private Banker, the average salary would be 1,391,600 VES.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 1,716,600 VES.
  • 15 - 20 Years Experience. An Internal Private Banker with 15 to 20 years of experience can earn an average of 1,825,000 VES.
  • 20+ Years Experience. For an Internal Private Banker with more than 20 years, the expected average salary increases to 1,990,300 VES.

Average Salary by Experience Chart

0-2 Years-
746,600 VES
2-5 Years+42%
1,057,700 VES
5-10 Years+31%
1,391,600 VES
10-15 Years+23%
1,716,600 VES
15-20 Years+6%
1,825,000 VES
20+ Years+10%
1,990,300 VES

Internal Private Banker Salary by Education Level in Maracaibo

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 Internal Private Banker in Maracaibo 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 Internal Private Banker in Maracaibo with a bachelor's degree education can earn an average salary of 1,175,700 VES.
  • Master's Degree. An Internal Private Banker in Maracaibo with a master's degree education can earn an average salary of 1,678,300 VES.

Average Salary by Education Chart

Bachelor's Degree-
1,175,700 VES
Master's Degree+43%
1,678,300 VES

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 Venezuela is around 662,000 to 1,990,000 VES 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.

Internal Private Banker 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 Maracaibo, a male internal private banker will earn an average of 1,391,600 VES, while a female internal private banker will earn around 1,296,900 VES.

This means that a male internal private banker earns approximately 7% more than a female internal private banker for performing the same job.

Average Salary by Gender Chart in Maracaibo

Male-
1,391,600 VES
Female-7%
1,296,900 VES

Internal Private Banker Average Pay Raise in Maracaibo

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 Internal Private Banker in Maracaibo is around 7% every 28 months.

The national average pay raise across all professions and industries in Venezuela is around 4% every 29 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 = ( 7 ÷ 28 ) × 12  = 3%

What this means is that an Internal Private Banker in Maracaibo can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Maracaibo for 2026

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

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

Banking-
1%
Energy-
2%
Information Technology-
3%
Healthcare-
4%
Travel-
5%
Construction-
6%
Education-
7%

Internal Private Banker Bonus and Incentive Rates in Maracaibo

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 Internal Private Banker is a low bonus based job, with 39% of employees reporting at least one bonus in the last 12 months.

61% 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 3% to 6%.

Received Bonus-
39%
No Bonus-
61%

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 Venezuela earn approximately 11% more than private sector employees in the same role.

Public Sector-
1,655,500 VES
Private Sector-11%
1,487,200 VES

Salaries for Jobs Similar to an Internal Private Banker

In the table below, we have salary information for jobs that are similar to an Internal Private Banker in Maracaibo.

Job TitleCategorySalary
AML AnalystBanking2,557,100 VES
ATM ManagerBanking2,362,300 VES
ATM Service TechnicianBanking675,100 VES
Assistant Bank Branch ManagerBanking2,065,400 VES
Assistant Bank ManagerBanking2,698,900 VES
Bank Accounts AnalystBanking965,000 VES
Bank Accounts CollectorBanking590,200 VES
Bank Accounts ControllerBanking1,159,000 VES
Bank Accounts ExecutiveBanking1,777,700 VES
Bank Accounts ManagerBanking2,136,200 VES
Bank Auditing ManagerBanking2,038,500 VES
Bank Branch ManagerBanking3,013,500 VES
Bank Branch Operations CoordinatorBanking1,273,300 VES
Bank ClerkBanking545,300 VES
Bank Client Service AssociateBanking790,600 VES
Bank CollectorBanking578,500 VES
Bank Compliance SpecialistBanking1,547,500 VES
Bank ManagerBanking3,239,400 VES
Bank Operational Risk ManagerBanking3,288,400 VES
Bank Operations HeadBanking3,421,600 VES
Bank Operations OfficerBanking1,320,500 VES
Bank Operations SpecialistBanking2,100,900 VES
Bank Process ManagerBanking1,846,200 VES
Bank Product Manager Banking2,242,500 VES
Bank Programme ManagerBanking2,254,400 VES
Bank Project ManagerBanking2,782,600 VES
Bank Propositions ManagerBanking2,374,400 VES
Bank Quantitative AnalystBanking1,728,900 VES
Bank Regional ManagerBanking3,469,900 VES
Bank Regional Risk OfficerBanking1,703,200 VES
Bank Relationship ManagerBanking2,629,100 VES
Bank Relationship OfficerBanking1,198,300 VES
Bank TellerBanking610,100 VES
BankerBanking1,235,600 VES
Banking Business AnalystBanking1,788,300 VES
Banking Business Development OfficerBanking1,088,100 VES
Banking Business Planning ExecutiveBanking2,519,500 VES
Banking Product ManagerBanking2,146,100 VES
Banking Reference Data ManagerBanking1,930,500 VES
Banking Risk AnalystBanking1,825,000 VES
Banking Technical AnalystBanking956,200 VES
Bankruptcy CoordinatorBanking1,296,900 VES
Bill and Account CollectorBanking623,700 VES
Budget AnalystBanking1,765,300 VES
Capital Risk ManagerBanking3,421,600 VES
Cards Marketing ManagerBanking2,281,800 VES
Cash Management ManagerBanking3,144,700 VES
Check Processing ManagerBanking2,173,000 VES
Commercial Vault AssociateBanking1,693,600 VES
Corporate BankerBanking1,296,900 VES
Corporate DealerBanking1,835,700 VES
Credit AnalystBanking1,306,100 VES
Credit Card Fraud InvestigatorBanking1,870,400 VES
Credit Portfolio ManagerBanking3,253,900 VES
Credit Risk AnalystBanking2,026,800 VES
Credit Risk AssociateBanking1,896,700 VES
Credit and Collections ManagerBanking2,362,300 VES
Direct Bank Sales RepresentativeBanking1,198,300 VES
Exchange Control ConsultantBanking1,896,700 VES
Executive Account AnalystBanking1,741,800 VES
Financial Bank Planning ConsultantBanking2,161,200 VES
Financial Banking Analysis ManagerBanking2,688,800 VES
Financial Banking AssistantBanking814,500 VES
Financial Banking Systems ManagerBanking2,411,500 VES
Foreign Exchange ManagerBanking2,676,200 VES
Fraud AnalystBanking1,921,500 VES
Fraud Detection AssociateBanking1,235,600 VES
Fraud Detection ManagerBanking2,653,700 VES
Fraud Detection SupervisorBanking1,547,500 VES
Internal Bank Audit ManagerBanking3,144,700 VES
Internal Bank AuditorBanking1,728,900 VES
International Banking ManagerBanking3,421,600 VES
Investment Banking AnalystBanking2,460,900 VES
Loan AnalystBanking1,703,200 VES
Loan Area ManagerBanking2,230,100 VES
Loan Audit Team LeaderBanking2,086,500 VES
Loan Branch ManagerBanking1,942,700 VES
Loan Business Development OfficerBanking1,084,200 VES
Loan ClerkBanking592,200 VES
Loan Collection ManagerBanking2,076,600 VES
Loan Collection and Recovery ManagerBanking2,161,200 VES
Loan CollectorBanking547,800 VES
Loan ExaminerBanking759,300 VES
Loan OfficerBanking683,800 VES
Loan Processing ManagerBanking1,942,700 VES
Loan ProcessorBanking759,300 VES
Loan Quality Assurance AuditorBanking1,777,700 VES
Loan Quality Assurance ManagerBanking2,038,500 VES
Loan Quality Assurance RepresentativeBanking1,273,300 VES
Loan Review ManagerBanking1,990,300 VES
Loan Team LeaderBanking1,846,200 VES
Loans ManagerBanking2,423,000 VES
Mortgage AdvisorBanking1,185,300 VES
Mortgage Collection ManagerBanking2,076,600 VES
Mortgage CollectorBanking597,800 VES
Mortgage Credit AnalystBanking915,100 VES
Mortgage Credit ManagerBanking1,990,300 VES
Mortgage Development ManagerBanking2,352,500 VES
Mortgage Document ReviewerBanking751,700 VES
Mortgage Funding ManagerBanking2,314,800 VES
Mortgage Operations ManagerBanking3,013,500 VES
Mortgage Payment Processing ClerkBanking689,900 VES
Mortgage Processing ManagerBanking1,921,500 VES
Mortgage ProcessorBanking780,700 VES
Mortgage Quality Assurance AuditorBanking1,668,900 VES
Mortgage Quality Assurance ManagerBanking1,980,600 VES
Mortgage Servicing ClerkBanking623,700 VES
Mortgage Servicing ManagerBanking1,858,200 VES
Mortgage UnderwriterBanking767,400 VES
Online Banking ManagerBanking3,013,500 VES
Payment Processing ClerkBanking637,500 VES
Personal BankerBanking1,235,600 VES
Personal Banking Advisor Banking1,249,900 VES
Phone BankerBanking828,400 VES
Private BankerBanking1,212,800 VES
Reconciliation and Investigation SpecialistBanking1,487,200 VES
Tax OfficerBanking1,088,100 VES
TellerBanking574,200 VES
Trade OfficerBanking737,000 VES
Trade Product ManagerBanking1,980,600 VES
TraderBanking860,300 VES
Treasury Operations OfficerBanking1,537,500 VES

Salary Comparison by City

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

CityAverage Salary
Barquisimeto1,212,800 VES
Caracas1,345,400 VES
Ciudad Guayana1,165,300 VES

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