When it comes to location, the highest average paycheck ($116K annually) can be spotted in Raleigh-durham, N.C.; Columbia, S.C. (about $85K), Raleigh, N.C. (around $73K), and Charlotte, N.C. ($60K) are the next top-paying cities. Houston, Texas ranks low on the pay scale — at $55K, it is one of the lowest-paid cities. Across First Citizens Bank's U.S. offices, employees in the state of South Carolina earn the most, taking home approximately $76K per year.
Managers of Underwriting are the best paid with the average salary hovering at $85K annually; Bank Managers and Banking Customer Service Managers also rank near the top of the list, pulling in about $50K and around $44K, respectively.
Years of Experience
For those with one to four years of experience, median paychecks reach $59K per year. For those with five to nine years of experience, average earnings amount to approximately $62K annually. The greater proportion of employees (30 percent) report 20 years or more of experience and bring home median pay of $87K per year.
Certifications and Degrees
Certified Public Accountants receive bigger paychecks ($87K annually) than those without credentials. Earning a Direct Endorsement Certification certification garners significant financial rewards of around $85K per year on average. It pays to have a Master of Accounting (MAcc) at First Citizens Bank — these employees make the most at about $87K annually.
In this position, it pays to have Financial Analysis in your toolkit; employees who claim proficiency enjoy a higher median salary of $94K per year. Customer Service is a popular skill among First Citizens Bank workers, with roughly one in six of those surveyed reporting using it on the job. Other top skills include Sales Management, Loan Underwriting, and Customer Relationship Management.
Benefits and Perks
Unfortunately, a minority of employees — about a sixth of workers — are presented with both paid vacation and sick leave. Almost all workers contribute to 401(k) savings accounts sponsored by the firm. A strong majority of workers have health insurance, and benefits for a majority of survey participants also include dental insurance. First Citizens Bank also dishes out privileges such as a casual working environment and tuition reimbursement.