The average salary for a Business Banker is AU$76,317 per year. Most people move on to other jobs if they have more than 20 years' experience in this career.

AU$58,003 - AU$95,868
AU$58K
AU$76K
AU$96K
MEDIAN: AU$76,317
10%
50%
90%
AU$0AU$104K
Salary AU$58,003 - AU$95,868
Bonus AU$3,064 - AU$20,189
Profit Sharing AU$949
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).
)
AU$58,003 - AU$104,068
  • Country: Australia
  • Currency: AUD
  • Updated: 20 Jan 2018
  • Individuals Reporting: 87

Job Description for Business Banker

Business bankers work in a financial institution and manage a business loan portfolio that may include small and/or large organizations. They perform careful analysis of prospective clients' needs and best options, working with the client to determine optimal banking solutions. In addition, business bankers are in charge of communicating with current clients to ensure all needs are being met and questions are answered. Individuals in this position may also need to negotiate and set terms for loans. All of these duties must be outlined in regular reports to managers and executives.

Read More...

Business Banker Tasks

  • Analyze banking and loan transactions for new and existing clients with the aim of developing and delivering the best service and largest financial return on investments.
  • Actively monitor and manage banking relationships to ensure that client goals and objectives are being met.
  • Assess client needs and propose useful solutions that will deliver positive financial results.
  • Identify, engage, and welcome new clients/members into the bank family and ensure they understand all that the bank has to offer.

Business Banker Job Listings

Pay by Experience Level for Business Banker

Pay by Experience for a Business Banker has a positive trend. An entry-level Business Banker with less than 5 years of experience can expect to earn an average total compensation of AU$74,000 based on 54 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Business Banker with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of AU$87,000 based on 28 salaries. An experienced Business Banker which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of AU$91,000 based on 16 salaries. A Business Banker with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of AU$100,000 based on 7 salaries.

Pay Difference by Location

National Average: AU$80,534

Larger city markers indicate a job is popular in that location.

Key Stats for Business Banker

Gender

Female
37 %
Male
63 %
Less than 1 year
8%
1-4 years
44%
5-9 years
22%
10-19 years
18%
20 years or more
8%

Experience Affects Business Banker Salaries

▲24%

▲13%

▲7%

National Average
AU$81,000

▼8%

Gender

Female
37 %
Male
63 %

Years of Experience

Less than 1 year
8%
1-4 years
44%
5-9 years
22%
10-19 years
18%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 8%
dental benefits
Dental:
vision benefits
Vision:
no benefits
None: 92%