How much does a Vice President of Retail Banking make in the United States? The average Vice President of Retail Banking salary in the United States is $255,653 as of September 26, 2019, but the range typically falls between $211,383 and $322,773. 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. View the Cost of Living in Major Cities
The Vice President 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 Vice President 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, Vice President of Retail Banking develops branch staff and management. May require an advanced degree. Typically reports to top management. The Vice President 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 2019 Salary.com)
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Includes base and annual incentives