A Business Banking Officer earns an average salary of $65,112 per year.

$45,302 - $82,216
(Median)
$45K
$65K
$82K
MEDIAN: $65,111
10%
50%
90%

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$17.00 - $30.34
(Median)
$
$29
$
MEDIAN: $29.00
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$32K$64K$96K
Salary
$45,302 - $82,216  
   
Bonus
$1,002 - $19,933  
Profit Sharing
$2,050  
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).
)
$46,344 - $94,328  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 46
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$16$32$48
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$32K$64K$96K
Bonus
$1,002 - $19,933  
   
Commission
$10,000  
Profit Sharing
$2,050  
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).
)
$46,344 - $94,328  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | 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.

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Pay by Experience Level for Business Banking Officer

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Related Job Salaries

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Experience Affects Business Banking Officer Salaries

Late-Career
up arrow 10%

Mid-Career
up arrow 6%

Experienced
up arrow 3%

National Average
$70,000

Entry-Level
up arrow 7%

Job Satisfaction

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

Gender

Female
38 %
Male
62 %

Years of Experience

1-4 years
39%
5-9 years
18%
10-19 years
31%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 79%
medical benefits
Vision: 74%
dental benefits
None: 8%
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