As of January 01, 2025, the average annual salary for a Financial Associate (Public) II in Lakeville, MN is $117,606. Salary.com reports that pay typically ranges from $99,316 to $128,462, with most professionals earning between $82,664 and $138,346.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $121,881 | $10,157 | $2,344 | $59 |
| Average | $111,581 | $9,298 | $2,146 | $54 |
| 25th Percentile | $94,228 | $7,852 | $1,812 | $45 |
An entry-level Financial Associate (Public) II with under 1 year experience makes about $110,947. With less than 2 years of experience, a mid-level Financial Associate (Public) II makes around $111,489. After 2-4 years, the Financial Associate (Public) II pay rises to about $115,017. Those senior Financial Associate (Public) II with 5-8 years of experience earn roughly $120,944, and those Financial Associate (Public) II having 8 years or more experience are expected to earn about $122,555 on average.
| Levels | Salary |
|---|---|
| Entry Level Financial Associate (Public) II | $110,947 |
| Intermediate Level Financial Associate (Public) II | $111,489 |
| Senior Level Financial Associate (Public) II | $115,017 |
| Specialist Level Financial Associate (Public) II | $120,944 |
| Expert Level Financial Associate (Public) II | $122,555 |
| Entry Level | 1% |
| Mid Level | 0% |
| Senior Level | 3% |
| Top Level | 8% |
| Experienced | 10% |
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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.
Products and Services: Knowledge of the full array of our organization's products and services including those that are created for internal customers; insight into the differentiating factors that distinguish them from those of competitors.
Cross-Selling: Cross-selling is the action or practice of selling an additional product or service to an existing customer. In practice, businesses define cross-selling in many different ways. Elements that might influence the definition might include the size of the business, the industry sector it operates within and the financial motivations of those required to define the term. The objective of cross-selling can be either to increase the income derived from the client or to protect the relationship with the client or clients. The approach to the process of cross-selling can be varied. Unlike the acquiring of new business, cross-selling involves an element of risk that existing relationships with the client could be disrupted. For that reason, it is important to ensure that the additional product or service being sold to the client or clients enhances the value the client or clients get from the organization.
Billing: Billing refers to the aspect of banking, whereby someone is charged accurately for what item they purchased.
| Skill | Salary | Demand |
|---|---|---|
|
Commitment
|
$128,191 |
9%
|
|
Cold Call
|
$127,015 |
8%
|
|
Finance and Accounting
|
$125,839 |
7%
|
|
Building Rapport
|
$124,663 |
6%
|
|
Building Relationships
|
$123,487 |
5%
|
|
Consulting
|
$123,487 |
5%
|
