Years of Experience
Between the one and five year mark, median pay is $51K annually. Respondents who have been working for five to nine years make approximately $62K per year on average. When we consider tenure, a substantial portion of employees (42 percent) have been working for 10-19 years and make about $67K annually on average.
The highest paychecks go to Portfolio Managers, who earn an average around $90K per year, closely trailed by Senior Financial Analysts ($67K), Credit Analysts ($63K), and Banking Branch Managers ($60K). Near the bottom at Associated Bank Corp. are Relationship Bankers, pulling in an average of just about $32K.
Residents of Chicago, Ill. pick up paychecks that are higher than any other city — the median salary is around $96K annually; other top-paying cities include Milwaukee, Wisc. (approximately $55K) and Green Bay, Wisc. ($51K). By state, Associated Bank Corp. employees make the most in Illinois, earning $93K per year on average.
Certifications and Degrees
Being a Nationwide Mortgage Licensing System & Registry Certification certainly has its perks — salaries approach approximately $57K annually and far exceed the paychecks of those without certification. The best paid folks at Associated Bank Corp. have a Bachelor of Science in Bachelor of Science (BS / BSc), earning $75K per year.
The highest-paying skill to have in this role seems to be Portfolio Management; employees claiming this as part of the toolbox earn a median of $93K annually. One of the more prevalent skills at Associated Bank Corp. is Financial Analysis, with more than a third considering it a key competency. Microsoft Excel, Loan Underwriting, and Banking are also desirable skills.
Benefits and Perks
Paid time off is scarce, with only about two in five workers receiving paid vacation and nearly one in three workers receiving sick leave. The firm looks out for its employees by sponsoring assorted retirement savings plans such as a 401(k) plan and a company pension plan. A large number of survey participants receive health insurance, and a large number of employees get dental coverage. Other privileges include tuition reimbursement, a stock purchase plan, and life insurance.