As of March 01, 2025, the average annual salary for a Referral/ Prospect Development Officer II- Business Banking in Memphis, TN is $90,920. According to Salary.com, salaries can range from a low of $67,651 to a high of $118,163, with most professionals earning between $78,740 and $105,180.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $105,180 | $8,765 | $2,023 | $51 |
| Average | $90,920 | $7,577 | $1,748 | $44 |
| 25th Percentile | $78,740 | $6,562 | $1,514 | $38 |
An entry-level Referral/ Prospect Development Officer II- Business Banking with under 1 year experience makes about $85,895. With less than 2 years of experience, a mid-level Referral/ Prospect Development Officer II- Business Banking makes around $86,255. After 2-4 years, the Referral/ Prospect Development Officer II- Business Banking pay rises to about $88,591. Those senior Referral/ Prospect Development Officer II- Business Banking with 5-8 years of experience earn roughly $95,104, and those Referral/ Prospect Development Officer II- Business Banking having 8 years or more experience are expected to earn about $97,206 on average.
| Levels | Salary |
|---|---|
| Entry Level Referral/ Prospect Development Officer II- Business Banking | $85,895 |
| Intermediate Level Referral/ Prospect Development Officer II- Business Banking | $86,255 |
| Senior Level Referral/ Prospect Development Officer II- Business Banking | $88,591 |
| Specialist Level Referral/ Prospect Development Officer II- Business Banking | $95,104 |
| Expert Level Referral/ Prospect Development Officer II- Business Banking | $97,206 |
| Entry Level | 6% |
| Mid Level | 5% |
| Senior Level | 3% |
| Top Level | 5% |
| Experienced | 7% |
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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.
Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Sales Strategy: Designing and implementing sales objectives to drive business results and boost sales revenue.
Banking Products: Banking Products is the provision of services by a bank to the general public rather than to companies or other banks. Banking proucts is different from wholesale banking in this manner.
| Skill | Salary | Demand |
|---|---|---|
|
Sales Strategy
|
$110,922 |
22%
|
|
Sales and Marketing
|
$109,104 |
20%
|
|
Banking Products
|
$100,921 |
11%
|
|
Analysis
|
$100,012 |
10%
|
|
Loan Portfolio Management
|
$100,012 |
10%
|
|
Negotiating
|
$99,103 |
9%
|
