How much does a Small Business Banker II make in Rhode Island? The average Small Business Banker II salary in Rhode Island is $108,710 as of April 24, 2024, but the range typically falls between $94,587 and $123,133. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
Percentile | Salary | Location | Last Updated |
10th Percentile Small Business Banker II Salary | $81,728 | RI | April 24, 2024 |
25th Percentile Small Business Banker II Salary | $94,587 | RI | April 24, 2024 |
50th Percentile Small Business Banker II Salary | $108,710 | RI | April 24, 2024 |
75th Percentile Small Business Banker II Salary | $123,133 | RI | April 24, 2024 |
90th Percentile Small Business Banker II Salary | $136,263 | RI | April 24, 2024 |
Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Products and Services: Knowledge of the full array of our organization's products and services including those that are created for internal customers; insight into the differentiating factors that distinguish them from those of competitors.
Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
Mental Health: Mental health includes our emotional, psychological, and social well-being. It affects how we think, feel, and act. It also helps determine how we handle stress, relate to others, and make healthy choices.
Small Business Banker II develops and manages banking relationships with small business customers to acquire new business, sell financial products and services and grow the portfolio. Prospects for new customers, upsell opportunities, and referrals. Being a Small Business Banker II develops and maintains strong relationships with referral sources. Engages with existing customers to understand their financial needs and provide suggestions for products and services that benefit small businesses throughout the business cycle. Additionally, Small Business Banker II serves as point of contact and advocates for customers to answer questions, resolve issues, and provide product information. Maintains an in-depth understanding of product offerings and coordinates with other areas of the bank to upsell or deliver services to customers. Monitors and maintains assigned portfolio to ensure appropriate risk profile. Follows all regulatory and organizational policies and procedures. Requires a bachelor's degree or equivalent. Typically reports to a manager. The Small Business Banker II work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Small Business Banker II typically requires 4 -7 years of related experience. (Copyright 2024 Salary.com)... View full job description
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Location | Avg. Salary | Date Updated |
---|---|---|
Location Coventry, RI | Avg. Salary $109,023 | Date Updated April 24, 2024 |
Location Cumberland, RI | Avg. Salary $109,231 | Date Updated April 24, 2024 |
Location East Providence, RI | Avg. Salary $109,231 | Date Updated April 24, 2024 |
Location Narragansett, RI | Avg. Salary $109,856 | Date Updated April 24, 2024 |
Location Tiverton, RI | Avg. Salary $110,168 | Date Updated April 24, 2024 |
Location Westerly, RI | Avg. Salary $110,793 | Date Updated April 24, 2024 |
Location Woonsocket, RI | Avg. Salary $109,127 | Date Updated April 24, 2024 |
Location Adamsville, RI | Avg. Salary $110,168 | Date Updated April 24, 2024 |
Location Albion, RI | Avg. Salary $109,231 | Date Updated April 24, 2024 |
Location Ashaway, RI | Avg. Salary $111,001 | Date Updated April 24, 2024 |
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Small Business Banker II, the upper level is Relationship Manager IV (Business Banking) and then progresses to Business Banking Manager I.
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Jobs with different levels of education may pay very differently. Check the Small Business Banker II salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Small Business Banker II salary varies from category to category. Click below to see Small Business Banker II salary in different categories.
About Rhode Island Rhode Island (/ˌroʊd -/ (listen)), officially the State of Rhode Island and Providence Plantations, is a state in the New England region of the United....More
Skills associated with Small Business Banker II: Customer Relationship Management (CRM), Business Relationship Management, Customer Retention, Customer Relationship Management (CRM) software ...More
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