Head of Retail Banking Salary in the United States

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Head of Retail Banking Salary

How much does a Head of Retail Banking make in the United States? The average Head of Retail Banking salary in the United States is $330,120 as of March 26, 2024, but the range typically falls between $272,870 and $417,020. 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.

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Head of Retail Banking Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Head of Retail Banking Salary $220,747 US March 26, 2024
25th Percentile Head of Retail Banking Salary $272,870 US March 26, 2024
50th Percentile Head of Retail Banking Salary $330,120 US March 26, 2024
75th Percentile Head of Retail Banking Salary $417,020 US March 26, 2024
90th Percentile Head of Retail Banking Salary $496,138 US March 26, 2024
25% $272,870 10% $220,747 90% $496,138 75% $417,020 $330,120 50%(Median) Didn’t find job title? Click
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Check out Head of Retail Banking Job Openings in Columbus, Ohio

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Job Description

The Head of Retail Banking develops branch financial and service delivery performance goals and objectives and monitors results. Leads and directs all retail banking functions. Being a Head of Retail Banking guides product development and implementation to provide profitable and competitive service offerings. Oversees branch administration and operations and establishes policies and procedures that drive efficient operations and regulatory compliance. In addition, Head of Retail Banking develops branch staff and management. May require an advanced degree. Typically reports to top management. The Head of Retail Banking manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head. (Copyright 2024 Salary.com)

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Career Path for this job

  1. Down a level:

    Head of Branch Administration


    Bachelor's Degree

  2. This Job:

    Head of Retail Banking


    JD, MD, PhD or Equivalent

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Understand the total compensation opportunity for a Head of Retail Banking, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
272870
417020
330120

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
324720
633480
441640
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Head of Retail Banking in the United States. The base salary for Head of Retail Banking ranges from $272,870 to $417,020 with the average base salary of $330,120. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $324,720 to $633,480 with the average total cash compensation of $441,640.
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272870
417020

 

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