1. What is the average salary of a Private Banker I?
The average annual salary of Private Banker I is $77,592.
In case you are finding an easy salary calculator,
the average hourly pay of Private Banker I is $37;
the average weekly pay of Private Banker I is $1,492;
the average monthly pay of Private Banker I is $6,466.
2. Where can a Private Banker I earn the most?
A Private Banker I's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Private Banker I earns the most in San Jose, CA, where the annual salary of a Private Banker I is $97,378.
3. What is the highest pay for Private Banker I?
The highest pay for Private Banker I is $121,530.
4. What is the lowest pay for Private Banker I?
The lowest pay for Private Banker I is $40,993.
5. What are the responsibilities of Private Banker I?
Private Banker I manages a private banking portfolio of individuals with high-net worth using banking strategies, solutions, and advice that are customized to the client's needs. Develops and maintains client relationships by engaging the resources of other parts of the organization to provide meaningful and personalized service. Being a Private Banker I acts as an advisor, providing financial research and information. Achieves deposit and loan volume goals, approves loans, and sells additional fee-based services. Additionally, Private Banker I typically requires a bachelor's degree. Typically reports to a manager. The Private Banker I work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Private Banker I typically requires 0-2 years of related experience.