Financial Managers at Royal Bank of Canada — H1B Salary Data
Salary Analysis: Financial Managers at Royal Bank of Canada
Royal Bank of Canada has filed 14 H1B labor condition applications for Financial Managers (SOC 11-3031) positions. The average salary offered on these applications is $175,000, with salaries ranging from $150,000 to $250,000.
Compared to the BLS national median salary of $146,970 for Financial Managers, Royal Bank of Canada's H1B salary offers are +19.1% Above Market. This comparison helps assess whether the employer's compensation is competitive with the broader market rate for this occupation. The prevailing wage for this role is a key factor in H1B salary determinations.
The average prevailing wage on these applications is $154,321, which represents the Department of Labor's benchmark for this occupation and work location. Understanding the relationship between offered salary and prevailing wage is critical for H1B compliance.
Nationally, Financial Managers positions have 17,357 total H1B filings with an average salary of $153,237. Royal Bank of Canada is one of multiple employers sponsoring H1B workers for this role. View the H1B visa guide for details on sponsorship eligibility and the approval process.
Salary Comparison: Royal Bank of Canada vs BLS National Data
How does Royal Bank of Canada's H1B salary for Financial Managers compare to the Bureau of Labor Statistics national wage distribution? This table shows the employer's offered salary alongside BLS benchmarks.
| Metric | Employer (H1B) | BLS National |
|---|---|---|
| Average / Mean | $175,000 | $171,280 |
| Minimum / 10th Percentile | $150,000 | $95,910 |
| Maximum / 90th Percentile | $250,000 | N/A |
| Median | — | $146,970 |
BLS data represents national salary distribution for Financial Managers across all industries. Total national employment: 1,040 workers. Source: Bureau of Labor Statistics, Occupational Employment and Wage Statistics.
Recent H1B Filings: Financial Managers at Royal Bank of Canada
The following table shows recent labor condition applications filed by Royal Bank of Canada for Financial Managers positions. There are 16 filings total.
| Case # | Status | Job Title | Salary | Location | Date |
|---|---|---|---|---|---|
| I-200-19192-000337 | Certified | HEAD OF COLLATERALIZED LOAN OBLIGATION ("CLO") STRUCTURING | $250,000 | NEW YORK, NY | 2019-07-18 |
| I-200-19175-654706 | Certified | HEAD OF COLLATERALIZED LOAN OBLIGATION ("CLO") STRUCTURING | $250,000 | NEW YORK, NY | 2019-07-09 |
| I-200-16211-141316 | Certified | VICE PRESIDENT, CORPORATE BANKING | $200,000 | NEW YORK, NY | 2016-08-31 |
| I-200-16049-163784 | Certified | VICE PRESIDENT, (ENERGY) CORPORATE BANKING | $200,000 | HOUSTON, TX | 2016-03-09 |
| I-200-15243-323671 | Certified | VICE PRESIDENT, CORPORATE BANKING | N/A | NEW YORK, NY | 2015-09-05 |
| I-200-15233-603768 | Denied | VICE PRESIDENT, CORPORATE BANKING | N/A | NEW YORK, NY | 2015-08-31 |
| I-200-14266-409269 | Certified | VICE PRESIDENT, CORPORATE BANKING | $150,000 | NEW YORK, NY | 2014-09-29 |
| I-200-14261-481516 | Denied | VICE PRESIDENT, CORPORATE BANKING | $150,000 | NEW YORK, NY | 2014-09-23 |
| I-200-14237-919534 | Denied | VICE PRESIDENT, CORPORATE BANKING | $150,000 | NEW YORK, NY | 2014-09-12 |
| I-200-14227-331928 | Certified | VICE PRESIDENT, QUANTITATIVE ANALYST | $150,000 | NEW YORK, NY | 2014-08-25 |
| I-200-14132-291433 | Certified | VICE PRESIDENT, CORPORATE BANKING | $150,000 | NEW YORK, NY | 2014-05-20 |
| I-200-14023-470919 | Certified | VICE PRESIDENT, CORPORATE BANKING | $150,000 | NEW YORK, NY | 2014-02-10 |
| I-200-13064-459579 | Certified | VICE PRESIDENT, STRUCTURED RATES TRADER | $150,000 | NEW YORK, NY | 2013-03-19 |
| I-200-13028-436115 | Certified | VICE PRESIDENT, QUANTITATIVE ANALYST | $150,000 | NEW YORK, NY | 2013-02-01 |
| I-200-12366-147331 | Certified | VICE PRESIDENT, FIXED INCOME AND CURRENCIES | $150,000 | NEW YORK, NY | 2013-01-23 |
| I-200-12366-759993 | Certified | DIRECTOR, DERIVATIVES MARKETER | $200,000 | NEW YORK, NY | 2013-01-23 |
Other Positions at Royal Bank of Canada
Besides Financial Managers, Royal Bank of Canada sponsors H1B workers for these occupations.
| Job Title | LCAs | Avg Salary | Market Median | vs Market |
|---|---|---|---|---|
| Financial and Investment Analysts | 30 | $118,200 | $76,540 | +54.4% Above Market |
| Computer and Information Systems Managers | 6 | $198,570 | $163,310 | +21.6% Above Market |
| SOFTWARE DEVELOPERS, APPLICATIONS | 5 | $83,520 | N/A | N/A |
| Securities, Commodities, and Financial Services Sa | 5 | $152,000 | $60,760 | +150.2% Above Market |
| COMPUTER SYSTEMS ANALYSTS | 4 | $122,000 | N/A | N/A |
Other Employers Hiring Financial Managers
These employers also sponsor H1B workers for Financial Managers positions. Compare salary offers across different companies.
| Employer | State | LCAs | Avg Salary | Market Median | vs Market |
|---|---|---|---|---|---|
| Microsoft Corporation | WI | 360 | $117,372 | $146,970 | -20.1% Below Market |
| Citibank, N.A. | TX | 262 | $145,041 | $146,970 | -1.3% At Market |
| JPMorgan Chase& Co. | NY | 210 | $218,845 | $146,970 | +48.9% Above Market |
| Goldman, Sachs & Co. | UT | 179 | $245,242 | $146,970 | +66.9% Above Market |
| Amazon.com Services, LLC | WA | 169 | $137,616 | $146,970 | -6.4% Below Market |