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Ikiodiete George
- 3 Min Read
Fcmb (First City Bank) Salary Structure In 2025: Latest Pay For Entry-Level, Graduate Trainee, Managers & Senior Staff (Allowances Included)
First City Monument Bank (FCMB) is renowned for its solid employee support, career development pathways, and rewarding compensation. Here’s a comprehensive look at salaries and perks across all levels in 2025.
1. Graduate Trainee / Management Trainee
New recruits in FCMB’s graduate trainee program undergo structured trainings and rotations across departments before absorption.
- Monthly Salary: ₦160,000 – ₦220,000
- Annual Earnings: ₦1.9 million – ₦2.6 million
- Perks: Health insurance, pension, transport stipends, performance bonuses, mentorship and coaching.
This role offers on-the-job learning and potential absorption into officer roles after training.
2. Entry-Level Staff (Tellers, Customer Service, Junior Analysts)
FCMB’s entry-level employees build the bank’s operational foundation in branches and support offices.
|
Position |
Monthly Salary (₦) |
Benefits & Notes |
|
Tellers / Customer Service |
₦180,000 – ₦250,000 |
Health benefit, pension, quarterly bonuses |
|
Junior Bank Analysts |
₦220,000 – ₦320,000 |
Training programs, career coaching support |
These roles include structured development programs for upward mobility.
3. Mid-Level Officers (Relationship Managers, Credit Analysts, Product Officers)
Officers take charge of client relationships, risk assessment, and product delivery with increased responsibility.
- Monthly Salary: ₦400,000 – ₦700,000
- Perks: Housing allowance, transport support, full family health insurance, KPI-linked bonuses, and professional certification funding.
They play key roles in driving business and handling critical tasks.
4. Senior-Level Management (Branch Managers, Department Heads)
At this level, leaders shape branch operations and departmental performance.
|
Position |
Monthly Salary (₦) |
Additional Benefits |
|
Branch Manager |
₦800,000 – ₦1,200,000 |
Official vehicle, performance bonuses, travel provisions |
|
Department/Unit Head |
₦1,000,000 – ₦1,400,000 |
Housing allowance, premium health coverage, leadership development packages |
This tier reflects strategic responsibility and team oversight duties.
5. Contractors & Specialists
FCMB engages specialists on fixed-term or consulting contracts.
- Monthly Rate: ₦500,000 – ₦1,200,000
- Note: These roles offer higher pay but do not include benefits like pension or full medical cover.
These positions require specialized expertise—often in IT, compliance, or advisory functions.
6. Interns (Undergraduate & Graduate Programs)
FCMB offers structured internship programs for students and recent graduates.
|
Internship Type |
Monthly Stipend (₦) |
Duration & Details |
|
Undergraduate Intern |
₦60,000 – ₦100,000 |
6–12 weeks with project assignments and mentor support |
|
Graduate Intern |
₦120,000 – ₦180,000 |
3–6 months; top intern performance may lead to trainee offer |
Interns receive practical exposure and can fast-track to entry-level roles.
7. Executive Leadership & Directors
FCMB’s senior executives and directors manage strategic direction and business growth.
- Executive Managers: ₦1,500,000 – ₦2,200,000 per month
- Directors: ₦2,000,000 – ₦3,500,000 per month
- C-Level Executives (MD, CFO, COO): ₦4,000,000 – ₦8,000,000+ per month
- Extras Include: Corporate vehicles, stock options, international travel allowances, elite health cover, and housing support
These packages reflect top-tier responsibility and board-level accountability.
8. Salary Summary Table
|
Role Level |
Monthly Salary (₦) |
Key Highlights |
|
Graduate Trainee |
₦160,000 – ₦220,000 |
Training, health, pension, mentorship |
|
Entry-Level Staff |
₦180,000 – ₦320,000 |
Pension, performance bonuses, career pathway |
|
Mid-Level Officers |
₦400,000 – ₦700,000 |
Housing, transport, health coverage, certifications |
|
Senior Management |
₦800,000 – ₦1.4 million |
Executive perks, leadership roles, bonus structures |
|
Contractors |
₦500,000 – ₦1.2 million |
Specialist contract roles without standard benefits |
|
Interns |
₦60,000 – ₦180,000 |
Mentorship, potential trainee recruitment |
|
C-Level Executives |
₦4 million – ₦8 million+ |
Full executive package, travel, vehicle, insurance |
Frequently Asked Questions
What is the graduate trainee stipend?
Trainees earn ₦160,000–₦220,000/month, including health and transport stipends.
Do entry-level staff receive bonuses?
Yes—performance bonuses, health cover, and pension are standard at this level.
Can an intern become a trainee?
Absolutely. FCMB often invites top-performing interns into the graduate trainee program.
Are contractors offered benefits?
Contractors earn higher monthly rates but do not receive benefits like pension or medical cover.
What perks come with executive roles?
Executives benefit from cars, international travel, stock options, housing allowances, and elite health coverage.
Conclusion
FCMB’s 2025 salary structure offers competitive packages across all career stages—from internships to executive leadership. With clear growth paths, development programs, and generous allowances, FCMB continues to be an attractive employer for talented professionals.
If you’re planning a career in banking, understanding this pay structure can help you chart your path, negotiate effectively, and align your goals—whether you're just entering the bank or aiming for C-suite leadership.
