VPs of Commercial Lending are the best paid with the average salary hovering at around $120K annually; Business Bankers, Banking Branch Managers, and Underwriters also rank near the top of the list, pulling in $90K, about $52K, and $48K, respectively. Assistant Branch Managers of Banking at IBERIABANK do not see much in the way of financial compensation and represent one of the lower-paid positions ($42K on average) at the company.
When it comes to location, the highest average paycheck (approximately $120K per year) can be spotted in Orlando, Fla.; Naples, Fla. (about $81K), Lafayette, La. (approximately $79K), and Baton Rouge, La. (around $58K) are the next top-paying cities. High paychecks are not found in Jonesboro, Ark.; in fact, at $44K it is one of the worst-paid cities. Within the company, workers earn the highest salaries (an average of $79K annually) in Arkansas.
Years of Experience
Between the one and five year mark, median pay is $49K per year. When we consider tenure, a substantial portion of employees (39 percent) have been working for five to nine years and make around $75K annually on average.
Certifications and Degrees
Nationwide Mortgage Licensing System & Registry Certifications earn $42K per year, far more than their non-accredited counterparts. Those with a B.A. in Bachelor of Arts (BA) at IBERIABANK come out on top, and their salaries approach $140K annually.
The highest-paying skill to have in this role seems to be Sales; employees claiming this as part of the toolbox earn a median of approximately $100K per year. A garden variety skill at IBERIABANK is Financial Analysis; approximately one in four of IBERIABANK's people use it regularly. Some other standard skills here are Business Development, Customer Service, and Commercial Loans.
Benefits and Perks
Merely one in three employees at IBERIABANK earn paid vacation and paid sick time. Almost all survey participants save for retirement through IBERIABANK's 401(k) plan. A large number of respondents can count on health insurance, and a large number of survey participants have dental coverage as a benefit. Other privileges include life insurance, a subsidized cell phone, stock options, and a casual working environment.