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Banking & Capital Markets

Investment Banking Vice President

Bulge Bracket · Riyadh, Saudi Arabia · 5-6

Front OfficeBulge BracketSaudi Arabia
Monthly Pay (Median)
101,000SAR
per month
Verified Pay Index · 2025-2026 sources
Refreshed last month
MinMedianMax
101,000
87,000 SAR126,000 SAR
Refreshed September 2026 · 2025-2026 sources
Market positioning
Above market median — established and premium employers

Vice President on the Banking & Capital Markets ladder

Full Banking & Capital Markets ladder →

The Investment Banking track in Saudi, every published level. Pay envelope by level, SAR per month.

  1. AnalystSAR 20,000 – 46,000
  2. AssociateSAR 37,000 – 74,000
  3. Vice PresidentThis roleSAR 53,000 – 126,000
  4. Director / Executive DirectorSAR 78,000 – 163,000

Monthly total fixed pay, from the Standard-tier floor to the Exceptional-tier ceiling.

Median pay by seniority: Banking & Capital Markets, Saudi Arabia

Vice President salary range, Riyadh

bulge_bracket · Saudi Arabia · total cash per month

Verified Pay Index
Median monthly pay
SAR101,000/ month
Typical experience: 5-6
Range, percentiles, bonus, total comp and per-firm benchmarks included with Pro
Bands referenced
3 across UAE and Saudi
Last refresh
Sep 2026

See the full range, percentiles, bonus, total comp, and per-firm benchmarks for Vice President in Riyadh, included with Tenure Pro.

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Frequently asked questions

What does a Investment Banking Vice President earn in Riyadh?

The Tenure Pay Index median for a Investment Banking Vice President in Riyadh is SAR 101,000 a month. The published range for this role and employer bracket runs SAR 87,000 to SAR 126,000 a month. Figures are monthly total fixed cash, the way Gulf offers are quoted, and they exclude bonus, housing paid separately, and gratuity.

What is the full pay range for this level in Saudi?

Across employer calibre, Vice President roles in Saudi run SAR 53,000 – 126,000 a month, from the market floor to the top of the range. Where an individual offer sits inside that span is mostly a function of employer calibre, and the calibrated split by tier is part of Tenure Pro.

How much more does the level above pay?

The next step up on the Investment Banking ladder is Director / Executive Director, which runs SAR 78,000 – 163,000 a month in Saudi against SAR 53,000 – 126,000 for Vice President. Both spans are floor to ceiling across employer calibre, so they overlap: a strong offer at this level can beat a weak one a rung up.

What does the level below this one pay?

Associate, the rung beneath Vice President on the Investment Banking ladder, runs SAR 37,000 – 74,000 a month in Saudi. The step between the two is the clearest read on what a promotion at this stage is worth.

Is this base salary or total pay?

It is total fixed monthly pay, which is how compensation is quoted in the Gulf: the guaranteed cash an employer pays every month, including any fixed allowances rolled into the package. It does not include bonus, gratuity, or a housing allowance paid separately from salary. Banking & Capital Markets bonus and allowance norms are covered in the gated sections of this page.

Where does this figure come from?

From primary sources Tenure holds on file: written offer letters shared by members, anonymised before mapping, and extracts from established Gulf compensation surveys. Nothing is crowdsourced and nothing is modelled from job-ad text. No band publishes on fewer than three independent verified sources, and a band that falls below that floor is withdrawn rather than shown. The Index is refreshed quarterly.