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.

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.

Pennsylvania – BSA/AML Compliance Officer

• Years of Related Experience: 11
• Minimum Hourly Rate: $35 per hour (open to W-2 employment or 1099-contract work)
• Work Area:  Pennsylvania
• Experience:
  • Experienced with Anti-Money Laundering Laws, Federal Regulations, OFAC checks, and Enhanced Due Diligence (EDD).
  • Conducted account investigations on individual and commercial transactions, including Wire Transfers to High-Risk Countries, Money Laundering, and Multi-Day Structuring.
  • Through knowledge of OFAC requirements
  • Knowledge of AML procedures, including documentation reviews, data analysis, and preparing spreadsheets for internal and external audits. 
  • Mitigated various customer types, including WISD (Wealth and Institutional Services Division), commercial, business banking, private banking, and individual retail customers.
  • Analyzed Know Your Customer (KYC) data to establish each customer risk to the bank.
  • Reclaimed ACH credits are deposited into customer accounts from government programs, including the Social Security Administration (SSA) and Defense Finance Accounting Service (DFAS), per the Death Notification Entry Report.
• Education:  Holds an Associate in Science Degree in Computer Information Systems.
• Reference #:  418593
• Send Candidate’s Resume:  Click Here

Texas – Dallas Area – Commercial Portfolio Manager

• Years of Related Experience: 22
• Minimum Salary: $125K
• Work Area:  Dallas, Texas Area
• Experience:
  • Experienced with CRE and C&I loans.
  • Manage the bank’s loan portfolio, including a collection of financial documents, monitoring credit performance, covenant compliance, and collateral exceptions. 
  • Average loan size analyzed is $1MM-$3MM with the largest commercial credit analyzed at $25MM.
  • Manage the renewal process by working with the Commercial Relationship Managers and clients.
  • Completion of annual reviews for all significant relationships.
  • Evaluated credit history, employment history, and financial status of mortgage loan files to determine creditworthiness in compliance with the guideline requirements.
  • Prepared loan presentations and participate in the bank’s loan approval process, recommending credit structure and approvals.
• Education: Bachelor of Business Administration Degree in Finance
• Reference #:  418584
• Send Candidate’s Resume:  Click Here

Washington – Tacoma Area – Sr. Commercial Portfolio Manager

• Years of Related Experience: 22
• Minimum Salary: $130K
• Work Area:  Tacoma, Washington Area
• Experience:
  • Experienced with CRE, C&I, SBA 7A and 504, Construction, and Unsecured loans.
  • Prepared cash flow analysis and internal credit memos on loans up to $14MM for commercial borrowers to recommend approval by senior management, the Business Loan Committee, and the Board of Directors.
  • Mentored junior analysts on the underwriting process.
  • Supervised a staff of five.
  • Certified in SBA, SOP, and Credit Analysis with the NAGGL (National Association of Government Guaranteed Lenders).
  • References are available.
• Education: Master’s of Business Administration Degree in Accounting and Finance
• Reference #:  161424
• Send Candidate’s Resume:  Click Here

Illinois – Chicago Area – Sr. Commercial Credit Officer

• Years of Related Experience: 16
• Minimum Salary: $105K
• Work Area:  Chicago, Illinois Area
• Experience:
  • Underwrite for all types of commercial loans (C&I, CRE, SBA)
  • Knowledge of CECL, and underwrite credit facilities for the acquisition or refinance of commercial real estate properties.
  • Manage a credit portfolio and make sound credit decisions that enhance portfolio performance.
  • Average commercial loan deal size underwritten $5MM-$20MM and up to $100MM.
  • Single Loan Approval Authority up to $4MM.
  • Responsible for a $500MM loan portfolio.
  • Assess the creditworthiness of new and existing credit applications.
  • Evaluate new loan requests, annual reviews, loan modification requests, and collateral releases.
  • Collaborate effectively with clients, loan officers, and internal stakeholders and have experience training junior team members.
  • Prepare detailed loan memos outlining recommendations for approval or denial of credit.
  • Identify early warning default signals for borrowers and develop strategies to remediate.
  • Developed expertise in inventory finance programs with major manufacturers under program contracts.
  • References are available.
• Education:  Bachelor’s Degree in Finance
• Reference #:  418562
• Send Candidate’s Resume:  Click Here

California – BSA/AML Compliance Analyst

• Years of Related Experience: 13
• Minimum Salary: $68K
• Work Area:  California
• Experience:
  • Experienced with BSA/AML, OFAC, and FINCEN tracking and reporting using Verafin and Symitar.
  • Experienced with fraud and transaction monitoring, including the filing of SARs and CTRs.
  • Managed a staff of seven FTE.
  • Completed in-branch security and compliance audits.
  • Oversaw implementation of innovative technology within the branch, including state-of-the-art ATMs, teller cash recyclers, and dispensers.
  • Collaborated on the creation and implementation of a legal marijuana-related business banking program.
  • Certified Credit Union Compliance Expert (CUCE) and Bank Secrecy Act Compliance Specialist (BSACS).
  • References are available.
• Reference #:  418572
• Send Candidate’s Resume:  Click Here

Alabama – Birmingham Area – Information Technology Director 

• Years of Related Experience: 12
• Minimum Salary: $95K
• Work Area:  Birmingham, Alabama
• Experience:
  • Experienced in all IT systems, vendor selection, vetting, project management, implementation, and life cycle support.
  • Supervises a team of two staff members within the IT department.
  • Manages the IT help desk.
  • Manages firewall and anti-ware.
  • Writes IT policy and procedures suitable for the company and for State and Federal regulators.
  • Handled multiple system migrations.
  • Experienced with merger/acquisition.
  • Converted tape backup infrastructure to immutable on and offsite backups over end-to-end encrypted networks.
  • Proficient with Jack Henry and FIS Horizon.
• Education: Bachelor’s Degree in Business Administration
• Reference #:  211143
• Send Candidate’s Resume:  Click Here

New Jersey – Bank Collections Manager 

• Years of Related Experience: 13
• Minimum Salary: $85K
• Work Area:  New Jersey
• Experience:
  • Strong consumer loan collections background.
  • Experienced in recruiting, training, and mentoring top talent teams regarding operational processes and procedures to ensure organizational goal achievement.
  • Develop and implement innovative collection procedures to streamline operations and enhance productivity, efficiency, and profitability.
  • Well-versed in communication skills to cultivate fruitful relationships with vendors, clients, and stakeholders to promote optimal satisfaction and retention while creating collaborative working environments.
  • Boosted profitability by reducing risk and increasing recoveries.
  • Met and exceeded departmental goals monthly, even remotely, during the pandemic.
  • Redesigned and maintained collection accounts for compliance and reporting purposes.
• Education:  Bachelor’s Degree in Business Management
• Reference #:  306571
• Send Candidate’s Resume:  Click Here

Illinois – BSA/AML Compliance Officer 

• Years of Related Experience: 10
• Minimum Salary: $90K
• Work Area:  Illinois
• Experience:
  • Experienced with BSA/AML, KYC, HMDA, CRA, Fair Lending, Sarbanes-Oxley Act, Deposit Regs, and Electronic Banking.
  • Has worked with many regulators – state, and FDIC.
  • Experienced with SARS, CTR (Currency Transaction Reports), DEOP (Designation of Exempt Person), 314(A), and Crypto.
  • Analyzed case alerts including, Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD).
  • Supervised and trained a staff of up to 12 FTE.
  • Reports to the Board and senior management.
  • Assisted with policies, procedures, and assessments.
  • Certified Anti-Money Laundering Specialist (CAMS).
• Education:  Bachelor’s Degree
• Reference #:  418536
• Send Candidate’s Resume:  Click Here

Michigan – Grand Rapids Area – Commercial Credit Analyst

• Years of Related Experience: 10
• Minimum Salary: $70K
• Work Area:  Grand Rapids, Michigan Area
• Experience:
  • Experienced credit analyst – CRE and C&I loans.
  • Average Loan Size analyzed is $500K-$1MM.
  • Largest commercial credit analyzed is $10MM.
  • Analyze financial statements, tax returns, and related materials to assess the strengths, weaknesses, and risks of potential commercial loan prospects.
  • Analyzed challenging loan packages to render sound credit solutions, including all credit, income, asset, and collateral documentation.
  • Conducted collateral risk reviews to minimize risk, detect fraud and misrepresentation, and developed and manage vendor relationships.
  • Supervised a staff of up to eight FTE.
• Education:  Master of Science Degree in Professional Accountancy
• Reference #:  418564
• Send Candidate’s Resume:  Click Here