Average Private Banker Salary in Peru for 2025

In this article, we will look at the average Private Banker 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 Private Banker Make in Peru?

A Private Banker working in Peru will typically earn around 67,900 PEN per year, and this can range from the lowest average salary of about 35,340 PEN to the highest average salary of 102,720 PEN.

Average Annual Salary67,900 PEN
Average Monthly Salary5,658 PEN
Average Lowest Salary35,340 PEN
Lowest Monthly Salary2,945 PEN
Average Highest Salary102,720 PEN
Highest Monthly Salary8,560 PEN

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

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 Private Banker Salaries in Peru

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

Salary ranges

We already know that a Private Banker can earn between 35,340 PEN and 102,720 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 Private Banker in Peru is 63,320 PEN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 63,320 PEN, and 50% of the population earn more than 63,320 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 Private Banker salary in Peru, 25% of the population are earning less than 45,600 PEN while 75% of the population earn more than 45,600 PEN.

75% of the population earn less than 76,440 PEN, and 25% of the population earn more than 76,440 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.

Private Banker 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 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. A Private Banker in Peru that has less than two years of experience can expect to earn somewhere in the region of 42,320 PEN.
  • 2 - 5 Years Experience. With two to five years of experience the average Private Banker salary would increase to 51,080 PEN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Private Banker, the average salary would be 72,360 PEN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 83,760 PEN.
  • 15 - 20 Years Experience. A Private Banker with 15 to 20 years of experience can earn an average of 92,240 PEN.
  • 20+ Years Experience. For a Private Banker with more than 20 years, the expected average salary increases to 95,720 PEN.

Average Salary by Experience Chart

0-2 Years-
42,320 PEN
2-5 Years+23%
51,080 PEN
5-10 Years+42%
72,360 PEN
10-15 Years+17%
83,760 PEN
15-20 Years+10%
92,240 PEN
20+ Years+6%
95,720 PEN

Private Banker 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 Private Banker in Peru based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Private Banker in Peru with a high school education can earn an average salary of 48,760 PEN.
  • Certificate or Diploma. A Private Banker in Peru with a certificate or diploma education can earn an average salary of 54,560 PEN.
  • Bachelor's Degree. A Private Banker in Peru with a bachelor's degree education can earn an average salary of 75,040 PEN.
  • Master's Degree. A Private Banker in Peru with a master's degree education can earn an average salary of 95,720 PEN.

Average Salary by Education Chart

High School-
48,760 PEN
Certificate or Diploma+13%
54,560 PEN
Bachelor's Degree+31%
75,040 PEN
Master's Degree+32%
95,720 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.

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 Peru, a male private banker will earn an average of 67,800 PEN, while a female private banker will earn around 64,300 PEN.

This means that a male private banker earns approximately 5% more than a female private banker for performing the same job.

Average Salary by Gender Chart in Peru

Male-
67,800 PEN
Female-5%
64,300 PEN

Private Banker 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 Private Banker in Peru is around 12% 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 = ( 12 ÷ 16 ) × 12  = 9%

What this means is that a Private Banker in Peru can expect to receive an average pay raise of around 9% 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%

Private Banker 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 Private Banker is a moderate bonus based job, with 50% of employees reporting at least one bonus in the last 12 months.

50% 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 5%.

Received Bonus-
50%
No Bonus-
50%

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 Private Banker

In the table below, we have salary information for jobs that are similar to a Private Banker in Peru.

Job TitleCategorySalary
AML AnalystBanking138,200 PEN
ATM ManagerBanking125,100 PEN
ATM Service TechnicianBanking36,020 PEN
Assistant Bank Branch ManagerBanking118,260 PEN
Assistant Bank ManagerBanking152,100 PEN
Bank Accounts AnalystBanking50,560 PEN
Bank Accounts CollectorBanking31,180 PEN
Bank Accounts ControllerBanking64,180 PEN
Bank Accounts ExecutiveBanking92,500 PEN
Bank Accounts ManagerBanking114,000 PEN
Bank Auditing ManagerBanking113,740 PEN
Bank Branch ManagerBanking163,800 PEN
Bank Branch Operations CoordinatorBanking65,080 PEN
Bank ClerkBanking32,620 PEN
Bank Client Service AssociateBanking40,600 PEN
Bank CollectorBanking31,660 PEN
Bank Compliance SpecialistBanking83,760 PEN
Bank ManagerBanking181,600 PEN
Bank Operational Risk ManagerBanking187,300 PEN
Bank Operations HeadBanking195,200 PEN
Bank Operations OfficerBanking72,740 PEN
Bank Operations SpecialistBanking107,880 PEN
Bank Process ManagerBanking105,980 PEN
Bank Product Manager Banking119,900 PEN
Bank Programme ManagerBanking129,000 PEN
Bank Project ManagerBanking150,000 PEN
Bank Propositions ManagerBanking136,100 PEN
Bank Quantitative AnalystBanking89,980 PEN
Bank Regional ManagerBanking197,600 PEN
Bank Regional Risk OfficerBanking93,600 PEN
Bank Relationship ManagerBanking142,300 PEN
Bank Relationship OfficerBanking66,480 PEN
Bank TellerBanking31,040 PEN
BankerBanking65,800 PEN
Banking Business AnalystBanking99,080 PEN
Banking Business Development OfficerBanking62,420 PEN
Banking Business Planning ExecutiveBanking130,400 PEN
Banking Product ManagerBanking123,400 PEN
Banking Reference Data ManagerBanking103,200 PEN
Banking Risk AnalystBanking99,280 PEN
Banking Technical AnalystBanking51,100 PEN
Bankruptcy CoordinatorBanking69,060 PEN
Bill and Account CollectorBanking31,040 PEN
Budget AnalystBanking93,340 PEN
Capital Risk ManagerBanking183,700 PEN
Cards Marketing ManagerBanking123,400 PEN
Cash Management ManagerBanking167,100 PEN
Check Processing ManagerBanking119,700 PEN
Commercial Vault AssociateBanking96,680 PEN
Corporate BankerBanking70,940 PEN
Corporate DealerBanking97,060 PEN
Credit AnalystBanking72,260 PEN
Credit Card Fraud InvestigatorBanking100,140 PEN
Credit Portfolio ManagerBanking187,500 PEN
Credit Risk AnalystBanking110,120 PEN
Credit Risk AssociateBanking101,920 PEN
Credit and Collections ManagerBanking136,200 PEN
Direct Bank Sales RepresentativeBanking65,920 PEN
Exchange Control ConsultantBanking102,380 PEN
Executive Account AnalystBanking92,400 PEN
Financial Bank Planning ConsultantBanking119,700 PEN
Financial Banking Analysis ManagerBanking146,200 PEN
Financial Banking AssistantBanking45,620 PEN
Financial Banking Systems ManagerBanking125,700 PEN
Foreign Exchange ManagerBanking146,200 PEN
Fraud AnalystBanking102,160 PEN
Fraud Detection AssociateBanking69,060 PEN
Fraud Detection ManagerBanking150,000 PEN
Fraud Detection SupervisorBanking82,160 PEN
Internal Bank Audit ManagerBanking175,900 PEN
Internal Bank AuditorBanking92,900 PEN
Internal Private BankerBanking73,820 PEN
International Banking ManagerBanking189,300 PEN
Investment Banking AnalystBanking137,400 PEN
Loan AnalystBanking96,500 PEN
Loan Area ManagerBanking123,400 PEN
Loan Audit Team LeaderBanking115,260 PEN
Loan Branch ManagerBanking108,340 PEN
Loan Business Development OfficerBanking57,800 PEN
Loan ClerkBanking31,040 PEN
Loan Collection ManagerBanking116,740 PEN
Loan Collection and Recovery ManagerBanking113,560 PEN
Loan CollectorBanking31,660 PEN
Loan ExaminerBanking45,060 PEN
Loan OfficerBanking36,800 PEN
Loan Processing ManagerBanking105,980 PEN
Loan ProcessorBanking42,040 PEN
Loan Quality Assurance AuditorBanking102,380 PEN
Loan Quality Assurance ManagerBanking108,340 PEN
Loan Quality Assurance RepresentativeBanking72,360 PEN
Loan Review ManagerBanking103,440 PEN
Loan Team LeaderBanking99,340 PEN
Loans ManagerBanking128,900 PEN
Mortgage AdvisorBanking66,100 PEN
Mortgage Collection ManagerBanking107,860 PEN
Mortgage CollectorBanking31,040 PEN
Mortgage Credit AnalystBanking52,180 PEN
Mortgage Credit ManagerBanking105,800 PEN
Mortgage Development ManagerBanking128,500 PEN
Mortgage Document ReviewerBanking43,220 PEN
Mortgage Funding ManagerBanking123,400 PEN
Mortgage Operations ManagerBanking172,400 PEN
Mortgage Payment Processing ClerkBanking38,260 PEN
Mortgage Processing ManagerBanking104,060 PEN
Mortgage ProcessorBanking45,600 PEN
Mortgage Quality Assurance AuditorBanking93,280 PEN
Mortgage Quality Assurance ManagerBanking114,900 PEN
Mortgage Servicing ClerkBanking34,160 PEN
Mortgage Servicing ManagerBanking103,900 PEN
Mortgage UnderwriterBanking41,180 PEN
Online Banking ManagerBanking172,200 PEN
Payment Processing ClerkBanking35,560 PEN
Personal BankerBanking70,940 PEN
Personal Banking Advisor Banking69,540 PEN
Phone BankerBanking48,820 PEN
Reconciliation and Investigation SpecialistBanking80,340 PEN
Tax OfficerBanking60,480 PEN
TellerBanking33,440 PEN
Trade OfficerBanking38,700 PEN
Trade Product ManagerBanking109,460 PEN
TraderBanking48,940 PEN
Treasury Operations OfficerBanking87,880 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.

CityAverage Salary
Arequipa78,940 PEN
Chiclayo69,580 PEN
Cusco70,260 PEN
Huancayo66,120 PEN
Iquitos65,940 PEN
Lima78,500 PEN
Trujillo70,940 PEN

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