Fintech & Corporate Finance · Director

Open Banking Director Salary

Compensation benchmarks from 255 verified sources including industry surveys, published reports, and market intelligence.

National Compensation Range

P25

$180,000

25th percentile

P50

$220,000

Median

P75

$260,000

75th percentile

CANDIDATE MARKET

Tight

Scarcity: 6/10

EST. CANDIDATE POOL

18-40

Active candidates nationally

DEMAND TREND

Stable

10% year-over-year

RETENTION

3 yr avg tenure

24% annual turnover

Open Banking Director Salary by City

New York City, NY$310,000
San Francisco, CA$285,000
Palm Beach, FL$285,000
Boston, MA$275,000
Los Angeles, CA$265,000

Median (P50) adjusted for metro cost of labor.

Market Trends

CFPB's proposed Section 1033 rulemaking is accelerating US open banking adoption. Directors must navigate evolving data-sharing standards, screen-scraping sunset, and API standardization across financial institutions.

Also Known As

Open Banking Director, Director of Open Banking, Head of Open Banking & API Strategy, Director, Data Aggregation & Open Finance, VP Open Banking

What Does an Open Banking Director Do?

The Open Banking Director operates within fintech companies, financial services firms, and corporate finance functions, building financial products, managing compliance, or driving operational growth. Professionals in this role typically bring 8 to 13 years of relevant experience. Classified at the Director level, this position draws from a tight candidate market with an estimated pool of 18-40 qualified professionals, making targeted sourcing and competitive compensation critical for successful placements.

What Drives Open Banking Director Compensation?

The median (P50) compensation for an Open Banking Director is $220,000, with the 25th to 75th percentile range spanning $180,000 to $260,000. Pay variation across this range is primarily driven by company stage and funding (startup vs. growth vs. public), regulatory complexity, geographic market, technical specialization (payments, lending, crypto, regtech), and equity compensation structure. Demand for this role is trending upward with 0.1% year-over-year growth, which is putting upward pressure on compensation at all levels.

Open Banking Director Career Path

Professionals who move into Open Banking Director roles most commonly come from traditional banking, management consulting, software engineering, regulatory bodies, or corporate finance at public companies. From this position, the typical trajectory leads toward C-suite positions at fintech firms, VP-level roles at larger financial institutions, or founding their own financial technology venture. The average tenure in this role is approximately 3 years, with an annual turnover rate of 24%.

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