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How much does a Group Manager I Retail Banking make in Chicago, IL? The average Group Manager I Retail Banking salary in Chicago, IL is $122,930 as of April 24, 2024, but the range typically falls between $107,080 and $144,330. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Group Manager I Retail Banking Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Group Manager I Retail Banking Salary $92,649 Chicago,IL April 24, 2024
25th Percentile Group Manager I Retail Banking Salary $107,080 Chicago,IL April 24, 2024
50th Percentile Group Manager I Retail Banking Salary $122,930 Chicago,IL April 24, 2024
75th Percentile Group Manager I Retail Banking Salary $144,330 Chicago,IL April 24, 2024
90th Percentile Group Manager I Retail Banking Salary $163,814 Chicago,IL April 24, 2024
25% $107,080 10% $92,649 90% $163,814 75% $144,330 $122,930 50%(Median) Didn’t find job title? Click
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Job Description

The Group Manager I Retail Banking establishes the strategy, specific goals, and performance levels required for each branch to meet the organizational objectives for the region. Manages the financial and service performance of a defined group of retail branches in a geographic area. Being a Group Manager I Retail Banking leads business development and promotional activities in the area and coaches branch managers in tactics to build customer relationships, increase sales, and enhance the bank's presence in the community. Monitors and analyzes financial and customer activity to understand needs, identify issues, and provide the tools and resources needed to achieve goals. In addition, Group Manager I Retail Banking typically requires a bachelor's degree. Typically reports to a director. The Group Manager I Retail Banking manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Working as a Group Manager I Retail Banking typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)

Employers: Job Description Management Tool

Job Openings for Group Manager I Retail Banking in Chicago, IL
  • Description The Fair and Responsible Banking Team - Compliance Group Manager assists the Enterprise Compliance Risk Director of Fair and Responsible Bankin...
    - 4 Days Ago
  • Join a financial services firm where your contributions are valued. Edward Jones is a Fortune 500¹ company where people come first. With over 8 million cli...
    - 1 Day Ago
  • Join a financial services firm where your contributions are valued. Edward Jones is a Fortune 500¹ company where people come first. With over 8 million cli...
    - 1 Day Ago
  • Join a financial services firm where your contributions are valued. Edward Jones is a Fortune 500¹ company where people come first. With over 8 million cli...
    - 1 Day Ago
  • Join a financial services firm where your contributions are valued. Edward Jones is a Fortune 500¹ company where people come first. With over 8 million cli...
    - 1 Day Ago

Career Path for this job

  1. This Job:

    Group Manager I Retail Banking

    5 + years experience
    Bachelor's Degree

  2. Up a level:

    Group Director Retail Banking


    Bachelor's Degree

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Understand the total compensation opportunity for a Group Manager I Retail Banking, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
107080
144330
122930

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
118400
169610
140190
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Group Manager I Retail Banking in Chicago, IL. The base salary for Group Manager I Retail Banking ranges from $107,080 to $144,330 with the average base salary of $122,930. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $118,400 to $169,610 with the average total cash compensation of $140,190.
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107080
144330

 

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About Chicago, Illinois    Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois  area prices were up 0.8% from a year ago    View the Cost of Living in Chicago, Illinois

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