Commercial Banker Salary at Valley National Bank BETA
How much does a Valley National Bank Commercial Banker make?
As of March 2025, the average annual salary for a Commercial Banker at Valley National Bank is $73,167, which translates to approximately $35 per hour. Salaries for Commercial Banker at Valley National Bank typically range from $64,813 to $81,071, reflecting the diverse roles within the company.
It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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What Skills Does a person Need at Valley National Bank?
At Valley National Bank, specify the abilities and skills that a person needs in order to carry out the specified job duties. 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.
- Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
- Financial Statements: Obtaining and creating formal records of business activities and cash flows to provide results for financial performance.
- 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.
- Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
- Commercial Loans: A commercial loan is a debt-based funding arrangement between a business and a financial institution such as a bank. It is typically used to fund major capital expenditures and/or cover operational costs that the company may otherwise be unable to afford.
Related Jobs
Check more jobs information at Valley National Bank
| Job Title | Average Valley National Bank Salary | Hourly Rate | |
|---|---|---|---|
| 2 | Training Specialist | $54,666 | $26 |
| 3 | Human Resources Consultant | $99,992 | $48 |
Hourly Pay at Valley National Bank
FAQ about Salary and Jobs at Valley National Bank
The average hourly pay is $35. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
According to the data, the highest approximate salary is about $81,071 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
According to the data, the lowest estimated salary is about $64,813 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.