Avg. Base Salary (USD)
The average salary for a Business Banker is $68,314
What is the Pay by Experience Level for Business Bankers?
An entry-level Business Banker with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $52,148 based on 10 salaries. An early career Business Banker with 1-4 years of experience earns an average total compensation of $60,050 based on 85 salaries. A mid-career …Read more
What Do Business Bankers Do?
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 …Read more
- 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.