Business Banking Officer Salary

A Business Banking Officer earns an average salary of $65,427 per year.

$42,712 - $91,653
$43K
$65K
$92K
MEDIAN: $65,427
10%
50%
90%

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$17.00 - $30.34
$29
MEDIAN: $29.28
50%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$33K$66K$99K
Salary
$42,712 - $91,653  
   
Bonus
$995 - $19,489  
Profit Sharing
$4,300  
Commission
$10,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$41,157 - $96,580  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 38
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$17$34$51
Hourly Rate
$29.28  
   
Overtime
$25.00  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$995 - $19,489  
   
Commission
$10,000  
Profit Sharing
$4,300  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$41,157 - $96,580  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 5

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Job Description for Business Banking Officer

A business banking officer is responsible for conjunctions of new bank relationships and watching over client portfolios. Most of the job involves working closely with, and becoming the primary connection for, a retail branch.

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Business Banking Officer Tasks

  • Identify customer needs and utilize all available resources to foster new business relationships.
  • Meet quarterly goals through small business loans, deposits, product sales, and other opportunities.
  • Create new business through networking, calling, and in-person prospecting.
  • Ensure the completion and accuracy of loan applications, and provide suggestions or insight to upper management on current practices.

Business Banking Officer Job Listings

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Pay by Experience Level for Business Banking Officer

Pay by Experience for a Business Banking Officer has a positive trend. An entry-level Business Banking Officer with less than 5 years of experience can expect to earn an average total compensation of $65,000 based on 24 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Business Banking Officer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $84,000 based on 12 salaries. An experienced Business Banking Officer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $78,000 based on 13 salaries. A Business Banking Officer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $72,000 based on 5 salaries.

Related Job Salaries

Key Stats for Business Banking Officer

Gender

Female
29 %
Male
71 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 5 votes.
1-4 years
49%
5-9 years
19%
10-19 years
28%
20 years or more
5%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Business Banking Officer Salaries

Mid-Career
▲17%

Experienced
▲8%

Late-Career
▼0%

National Average
$72,000

Entry-Level
▼10%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 5 votes.

Gender

Female
29 %
Male
71 %

Years of Experience

1-4 years
49%
5-9 years
19%
10-19 years
28%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 79%
vision benefits
Vision: 70%
no benefits
None: 6%