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Banking Operations Analyst I Salary in the United States

How much does a Banking Operations Analyst I make in the United States?

As of August 01, 2026, the average salary for a Banking Operations Analyst I in the United States is $47,093 per year, which breaks down to an hourly rate of $23.

However, a Banking Operations Analyst I's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $54,337
  • Majority Range (25th-75th percentile): $42,808 to $50,885
  • Entry-Level (10th percentile): $38,907
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Banking Operations Analyst I Salaries

A Banking Operations Analyst I's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Banking Operations Analyst I Salaries?

Experience is a primary driver of a Banking Operations Analyst I's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Banking Operations Analyst I (0-2 years): $47,093
  • Banking Operations Analyst II (2-4 years): $53,830
  • Banking Operations Analyst III (4-7 years): $64,346
  • Banking Operations Supervisor (7+ years): $62,909
  • Banking Operations Senior Supervisor (7+ years): $71,951
Job Role Years of Experience Average Salary
Banking Operations Analyst I0-2 years$47,093
Banking Operations Analyst II2-4 years$53,830
Banking Operations Analyst III4-7 years$64,346
Banking Operations Supervisor7+ years$62,909
Banking Operations Senior Supervisor7+ years$71,951
View as Graph

How Do Banking Operations Analyst Is Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Banking Operations Analyst Is. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $52,141.
  • California: $51,944.
  • Massachusetts: $51,251.

Top Paying Cities for Banking Operations Analyst I

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $59,398
  • San Francisco: $58,748
  • Oakland: $57,510

What Skills Can Increase a Banking Operations Analyst I's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 8.78% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  • Data Entry (Mentioned in 1.9% Job Postings): Transcribing information into an electronic medium such as a computer or other electronic device.
  • Microsoft Excel (Mentioned in 1.25% Job Postings): Microsoft Excel is a spreadsheet developed by Microsoft for Windows, macOS, Android and iOS. It features calculation or computation capabilities, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications.
Skills Demand Percentage
Customer Service 8.78%
Data Entry 1.9%
Microsoft Excel 1.25%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Banking Operations Analyst I's salary.

  • Budgeting: Can increase your salary by up to 36%.
  • Building Maintenance: Can increase your salary by up to 30%.
  • Repairing: Can increase your salary by up to 29%.
Skill Salary Salary % Increase
Budgeting $64,046
36%
Building Maintenance $61,221
30%
Repairing $60,750
29%
Get Latest Data

Banking Operations Analyst I Salary by Company Size: Startups vs. Enterprise

Banking Operations Analyst I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $50,882. While startup companies pay approximate $43,087.

Banking Operations Analyst I Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $43,087
Growth Stage 51~500 $45,565
Established 501~5000 $49,144
Enterprise 5000+ $50,882

Banking Operations Analyst I Salary by Industry: Top Paying Sectors

For Banking Operations Analyst I roles, the industry you choose can affect earning potential by as much as 50% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Insurance sectors offer the strongest compensation, at 30% above the average. In contrast, Banking Operations Analyst positions in Edu., Gov't. & Nonprofit or Retail & Wholesale typically offer lower base pay, as these industries often view Banking Operations Analyst I as a support function rather than a direct revenue driver.

The top paying industries for a Banking Operations Analyst I

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$61,221$29.030%
Insurance$51,802$25.010%

How Education impacts an Banking Operations Analyst I's Salary?

Your level of education can impact your salary potential. While many Banking Operations Analyst I enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for an Banking Operations Analyst I with a Bachelor's Degree is between $47,307 and $51,467.

Banking Operations Analyst I Salaries by Degree Level

Typical Education for Banking Operations Analyst I
Degree Level % of user with this level of education
No Diploma 0.8%
High School 22.5%
Associates 10.0%
Bachelors 58.3%
Masters 8.3%
Doctorate 0.0%
View as Graph

Banking Operations Analyst I Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Banking Operations Analyst I's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on August 01, 2026
$42,808
Average $47,093/year
$50,885
$3,567
Average $3,924/month
$4,240
$823
Average $906/week
$979
$21
Average $23/hour
$24
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $50,885 $4,240 $979 $24
Average $47,093 $3,924 $906 $23
25th Percentile $42,808 $3,567 $823 $21

Banking Operations Analyst I Salary Growth & Career Path

Banking Operations Analyst I

Next Role

Promotions are the fastest way to increase your earnings. As a Banking Operations Analyst I, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Next Step Role Estimate Salary Projected Raise
Card Services Manager $87,691 86%
Online Banking Manager $77,524 65%
Senior Foreclosure Specialist $63,003 34%
ATM Service and Operations Manager $99,291 111%

Most common benefits for Banking Operations Analyst I

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Banking Operations Analyst I

Here are companies hiring for Banking Operations Analyst I and their salaries, click below for more details.

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FAQ about Banking Operations Analyst I

1. Where can a Banking Operations Analyst I earn the most?

A Banking Operations Analyst I's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Banking Operations Analyst I earns the most in San Jose, CA, where the annual salary of a Banking Operations Analyst I is $59,398.

2. What is the highest pay for Banking Operations Analyst I?

The highest pay for Banking Operations Analyst I is $54,337.

3. What is the lowest pay for Banking Operations Analyst I?

The lowest pay for Banking Operations Analyst I is $38,907.

4. What are the responsibilities of Banking Operations Analyst I?

Responsible for monitoring the daily financial operations of a bank. Analyzes the execution of financial transactions to mitigate risk, ensure regulatory compliance, and improve process efficiency. Ensures daily proof, reconciliation, and posting entries are complete and accurate. Resolves customer issues, prepares correspondence, completes forms, and balances general ledger accounts. Conducts quality audits to verify compliance with operational policies and procedures. Requires a bachelor's degree. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience.

5. What industry pays the highest salary for Banking Operations Analyst I?

The Financial Services industry offers the highest average compensation for Banking Operations Analyst I roles, with salaries approximately 30% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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