Earning around $120K annually on average, VPs of Commercial Lending receive the most money, followed by Business Bankers ($90K) and Assistant Branch Managers of Banking (approximately $38K).
When it comes to location, the highest average paycheck ($70K per year) can be spotted in New Orleans, La.; Houston, Texas ($70K), Naples, Fla. (about $64K), and Birmingham, Ala. ($45K) are the next top-paying cities. Approaching the lower end of the pay scale (at $29K) is Montgomery, Ala. By state, Texas offers the highest pay at approximately $70K annually.
Years of Experience
For those with one to four years of experience, median paychecks reach around $51K per year. The largest slice of the IBERIABANK workforce (52 percent) has been working for five to nine years and earns, on average, about $72K annually.
Certifications and Degrees
Certified Public Accountants earn $76K per year, far more than their non-accredited counterparts. Earning a CompTIA A+ Certification certification garners significant financial rewards of approximately $42K annually on average. IBERIABANK compensates Artium Baccalaureus (AB)-holders the most at $120K per year.
The best-paying skill to have in this role appears to be Commercial Loans; employees who claim this ability report median compensation of $118K annually. One of the more prevalent skills at IBERIABANK is Customer Service, with approximately one-third considering it a key competency. Employees also tend to know Sales, Financial Analysis, and Business Development.
Benefits and Perks
Only a quarter of respondents receive paid vacation and sick leave. A 401(k) program is available, and nearly all workers use it to save for retirement. At IBERIABANK, most workers have health insurance, and most employees have dental coverage. The company also dishes out perks such as life insurance, tuition reimbursement, stock options, and a subsidized cell phone.