Banking Salary Report – How do you rate?

November 24th, 2012

As they say “knowledge is power”.  Knowing what the average banking positions pay can help you determine how you rank among your peers.  We have taken information supplied by Salary.com created a list of common banking position along with the U.S. average salaries including bonuses, compared to those banking positions in the Chicago area.

                             Position       U.S.  Chicago
Branch Manager I  (Small Bank) $   55,021 $  58,451
Branch Manager II (Medium Bank) $   63,438 $  67,392
Branch Manager III (Large Bank) $   70,598 $  75,000
Chief Credit Officer $ 187,191 $ 199,631
Chief Retail Banking Executive $ 292,706 $ 310,953
Commercial Loan Officer (Sr. Level) $ 104,611 $ 111,132
Commercial Loan Workout Officer (Sr. Level) $ 103,173 $ 109,604
Compliance Coordinator $   46,147 $   49,024
Group Branch Manager III (Sr. Level) $ 129,036 $ 137,080
Head Teller $   32,056 $   34,054
Loan Workout Officer III (Sr. Level) $ 108,861 $ 115,648
Mortgage Closer $   42,820 $   45,489
Mortgage Loan Processor III (Sr. Level) $   45,417 $   48,249
Mortgage Underwriter III (Sr. Level) $   68,057 $   72,300
Private Banker III (Sr. Level) $ 114,999 $ 122,168
Regional Retail Banking President $ 190,179 $ 202,035
Relationship Manager III (Sr. Level, Business) $ 112,716 $ 202,035
SBA Banking Manager $ 138,586 $ 147,226
Teller III (Sr. Level) $   29,103 $   30,922

 

Now that you know some of the average banking salaries, are you happy with your current salary?  Do you enjoy current working environment?  Do you love going to work every day?  If you answered “No” to any of these questions contact The Symicor Group and discuss your situation and your options.  Let one of our banking recruiters (former banking executives) work with you to find that perfect position that matches your unique experience, skills and personality.  Submit your resume today to get things started.