Senior Personal Banker Salary

For Senior Personal Bankers, annual average wages total $42K per year. Career duration and the company each impact pay for this group, with the former having the largest influence. A large number receive medical and dental insurance and a fair number get vision insurance. The majority of workers are highly satisfied with their job. Women account for the majority of Senior Personal Bankers who responded to the questionnaire — 67 percent to be exact. This snapshot results from replies to PayScale's salary survey.

$33,122 - $51,852

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$14.17 - $24.03

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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$19K$38K$57K
Salary
$33,122 - $51,852  
   
Bonus
$-0.49 - $10,093  
Commission
$408.51 - $9,658  
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).
)
$31,661 - $55,912  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 117
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$15$30$45
Hourly Rate
$14.17 - $24.03  
   
Overtime
$20.01 - $42.14  
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$30K$60K$90K
Bonus
$-0.49 - $10,093  
   
Commission
$408.51 - $9,658  
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).
)
$31,661 - $55,912  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 109
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Job Description for Senior Personal Banker

A senior personal banker's role is centered around customer service. They work at the banking facility, helping gain new customers, maintain relationships with current clients, and promote banking products such as checking accounts, credit cards, and loans. This position requires the personal banker to have excellent customer service skills (both in person and on the phone). Experience with electronic communications is also important, as many customer service interactions occur through email.

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Senior Personal Banker Tasks

  • Utilize standard sales techniques such as profiling, active listening, and tele-consulting to generate business.
  • Coordinate with branch staff and other business lines to achieve growth objectives.
  • Earn the client’s trust by enthusiastically adhering to all required service standards and serves as role model for other branch staff.
  • Take leading role in achieving production goals for deposits, loans, fee income, and other goals that are assigned.
  • Resolve client concerns or seeks assistance as needed.

Common Career Paths for Senior Personal Banker


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Senior Personal Bankers might see a strong upturn in salary after transitioning into upper-level roles such as Banking Branch Manager, a seemingly popular career choice. People currently working in the latter position report a noticeably higher median income of $51K per year.

Senior Personal Banker Job Listings

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Popular Employer Salaries for Senior Personal Banker


Senior Personal Bankers seeking a sizable paycheck can earn the most at Wells Fargo & Co., where the average salary comes to $51K.

Popular Skills for Senior Personal Banker


Senior Personal Bankers typically list a handful of skills they use on the job. Most notably, skills in Customer Relationship Management, Sales, Consumer Loans, and Customer Service are correlated to pay that is above average. Most people skilled in Customer Service are similarly competent in Customer Relationship Management (CRM).

Pay by Experience Level for Senior Personal Banker

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


Experience and pay tend to be weakly linked for Senior Personal Bankers — those with more experience do not necessarily bring in higher earnings. The average inexperienced worker's salary is approximately $40K, and people with five to 10 years of experience bring in more at around $42K on average. Senior Personal Bankers see a median salary of $42K after reaching one to two decades on the job. Survey participants who have spent more than 20 years on the job report a predictably higher median income of $48K, demonstrating that compensation is roughly commensurate with experience in the end.

Senior Personal Banker Reviews

What is it like working as a Senior Personal Banker at Wells Fargo Bank?

Senior Personal Banker in Philadelphia:
"Wells Fargo Career."
Pros: Good career advancement and growth potential.
Cons: High stress sales environment. A lot of turnover.

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Experience Affects Senior Personal Banker Salaries



National Average
$42,000



Skills That Affect Senior Personal Banker Salaries


Sales
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Consumer Loans
0%

National Average
$42,000

Customer Service
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Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 29 votes.

Gender

Female
67 %
Male
33 %

Years of Experience

Less than 1 year
0%
1-4 years
27%
5-9 years
32%
10-19 years
32%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 82%
vision benefits Vision: 71% employee benefits None: 10%
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