Entry-Level Business Banker at Wells Fargo Bank Salary

An Entry-Level Business Banker at Wells Fargo Bank earns an average wage of $21.10 per hour. Skills that are associated with high pay for this job are Business Development, Customer Service, and Sales.

$37,506 - $64,111
$38K
$57K
$64K
MEDIAN: $56,688
10%
50%
90%

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$15.91 - $23.42
$20
MEDIAN: $19.59
50%

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$0$70K
Salary $37,506 - $64,111
Bonus $0.00 - $14,795
Commission $5,087
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).
)
$30,823 - $70,957
  • Country: United States
  • Currency: USD
  • Updated: 13 Jan 2018
  • Individuals Reporting: 11
Hourly Data $0$25
Hourly Rate $19.59
Overtime $25.00
Annual Data $0$70K
Bonus $0.00 - $14,795
Commission $5,087
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).
)
$30,823 - $70,957
  • Country: United States
  • Currency: USD
  • Updated: 13 Jan 2018
  • Individuals Reporting: 9

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.

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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

Key Stats for Business Banker

Gender

Female
47 %
Male
53 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 3 votes.
Less than 1 year
5%
1-4 years
95%

Skills That Affect Business Banker Salaries

Business Development
▲19%

Customer Service
▲18%

Sales
▲12%

Customer Relationship Management (CRM)
▲4%

National Average
$52,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 3 votes.

Gender

Female
47 %
Male
53 %

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 84%
vision benefits
Vision: 79%
no benefits
None: 16%