Underwriter, Business Banking Salary

An Underwriter, Business Banking earns an average salary of $59,703 per year. Skills that are associated with high pay for this job are Loan Underwriting and Risk Management / Risk Control. People in this job generally don't have more than 20 years' experience.

$39,996 - $87,731

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$14.98 - $36.25

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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$31K$62K$93K
Salary
$39,996 - $87,731  
   
Bonus
$0.00 - $13,000  
Profit Sharing
$974 - $4,000  
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).
)
$40,315 - $92,998  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 154
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
$14.98 - $36.25  
   
Overtime
$24.30 - $40.77  
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
$0.00 - $13,000  
   
Profit Sharing
$974 - $4,000  
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).
)
$40,315 - $92,998  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 11
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Job Description for Underwriter, Business Banking

A business banking underwriter usually assists the commercial lending process. The underwriter will prepare financial statements related to the financial health of the potential borrower. This should include years of historical financial information, in order to show comparisons. Research is involved to create these spreadsheets, which include looking at past tax returns, credit history, balance sheets, income statements, cash flow statements, and other financial statements.

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Pay by Experience Level for Underwriter, Business Banking

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

Related Job Salaries

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Experience Affects Underwriter, Business Banking Salaries

Late-Career
up arrow 25%

Experienced
up arrow 21%

Mid-Career
up arrow 9%

National Average
$61,000

Entry-Level
up arrow 14%

Skills That Affect Underwriter, Business Banking Salaries

Loan Underwriting
up arrow 17%

Risk Management / Risk Control
up arrow 16%

National Average
$61,000

Financial Analysis
up arrow 1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 39 votes.

Gender

Female
31 %
Male
69 %

Years of Experience

Less than 1 year
4%
1-4 years
44%
5-9 years
26%
10-19 years
19%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 86%
vision benefits Vision: 78% employee benefits None: 7%
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