Senior Vice Presidents of Operations earn the highest median pay at $151K per year, followed by Commercial Bankers (approximately $113K), Portfolio Managers ($90K), and Senior Business Analysts ($87K). Personal Bankers make an average around $34K, close to the bottom of the company pay scale.
When it comes to location, the highest average paycheck (about $150K annually) can be spotted in Stamford, Conn.; Providence, R.I. ($100K), Bridgeport, Conn. (about $75K), and Boston, Mass. ($72K) are the next top-paying cities. On the lower end is Cleveland, Ohio at $57K. Pay rates in the United States are highest in the state of Rhode Island, where they average to approximately $99K per year.
Years of Experience
Those who have five to nine years of work experience see average salaries of around $60K annually. Between the one and five year mark, median pay is $62K per year. When we consider tenure, a substantial portion of employees (39 percent) have been working for 10-19 years and make $85K annually on average.
Certifications and Degrees
FINRA Series 7 General Securities Representatives receive bigger paychecks (about $131K per year) than those without credentials. Becoming a Project Management Professional can certainly pay off here; those folks make around $115K on average. RBS Citizens Inc workers who hold a Master of Business Administration (MBA), Finance are also well compensated, earning approximately $169K on average.
In this role, the best-paying skill appears to be Project Management; individuals who claim it among their capabilities enjoy a higher median salary of $110K annually. Folks here also tend to know Banking; on the survey, about one in five of workers named it in their skills portfolios. Employees also tend to round out their skills sets with Sales Management, Sales, and Customer Service.
Benefits and Perks
Paid time off is in short supply here, with only 36 percent receiving paid vacation and one in five respondents receiving paid sick days. The firm looks out for its employees by sponsoring assorted retirement savings plans such as a 401(k) plan and a company pension plan. At RBS Citizens Inc, most respondents have health insurance, and a large number of workers have dental coverage. The list of perks also includes life insurance, a company cell phone, and tuition reimbursement.