Avg. Base Salary (USD)
The average salary for a Business Banking Officer is $66,433
What is the Pay by Experience Level for Business Banking Officers?
An early career Business Banking Officer with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $63,098 based on 39 salaries. A mid-career Business Banking Officer with 5-9 years of experience earns an average total compensation of $70,469 based on 17 salaries. An …Read more
What Do Business Banking Officers Do?
A business banking officer is responsible for conjunctions of new bank relationships and watching over client portfolios. Most of the job involves working closely with, and becoming the primary connection for, a retail branch.
The job is generally on-the-road and consists of venturing out to clients to secure information regarding deals made. The banking officer must be able to create strong relationships and maintain their clients' loyalty. Throughout the job, he/she is required to understand …Read more
- Create new business through networking, calling, and in-person prospecting.
- Ensure the completion and accuracy of loan applications, and provide suggestions or insight to upper management on current practices.
- Identify customer needs and utilize all available resources to foster new business relationships.
- Meet quarterly goals through small business loans, deposits, product sales, and other opportunities.