Alternate Job Titles: Entry Level Private Banker, Level I Private Banker, Private Banker I
How much does a Private Banker I make? The median annual Private Banker I salary is $69,164, as of January 30, 2018, with a range usually between $58,884-$79,748, however this can vary widely depending on a variety of factors. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Private Banker I in the United States.
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This chart describes the expected percentage of people who perform the job of Private Banker I in the United States that make less than that annual salary. For example the median expected annual pay for a typical Private Banker I in the United States is $69,164, so 50% of the people who perform the job of Private Banker I in the United States are expected to make less than $69,164.
Source: HR Reported data as of January 30, 2018
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This chart describes the expected percentage of people who perform the job of Private Banker I that make less than that salary. For example 50% of the people who perform the job of Private Banker I are expected to make less than the median.
Source: HR Reported data as of February 2018
Manages a private banking portfolio of individuals with high-net worth using banking strategies, solutions, and advice that is customized to the client's needs. Develops and maintains client relationships by engaging the resources of other parts of the organization to provide meaningful and personalized service. Acts as advisor, providing financial research and information. Achieves deposit and loan volume goals, approves loans, and sells additional fee based services. Typically requires a bachelor's degree. Typically reports to a supervisor or manager. Works on projects/matters of limited complexity in a support role. Work is closely managed. Typically requires 0-2 years of related experience. View full job description