As of April 01, 2025, the average annual salary for a Private Banker II in Boston, MA is $88,732. Salary.com reports that pay typically ranges from $79,085 to $99,932, with most professionals earning between $70,301 and $110,129.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $89,601 | $7,467 | $1,723 | $43 |
| Average | $79,559 | $6,630 | $1,530 | $38 |
| 25th Percentile | $70,909 | $5,909 | $1,364 | $34 |
An entry-level Private Banker II with under 1 year experience makes about $88,012. With less than 2 years of experience, a mid-level Private Banker II makes around $89,066. After 2-4 years, the Private Banker II pay rises to about $91,574. Those senior Private Banker II with 5-8 years of experience earn roughly $92,075, and those Private Banker II having 8 years or more experience are expected to earn about $92,410 on average.
| Levels | Salary |
|---|---|
| Entry Level Private Banker II | $88,012 |
| Intermediate Level Private Banker II | $89,066 |
| Senior Level Private Banker II | $91,574 |
| Specialist Level Private Banker II | $92,075 |
| Expert Level Private Banker II | $92,410 |
| Entry Level | 11% |
| Mid Level | 12% |
| Senior Level | 15% |
| Top Level | 16% |
| Experienced | 16% |
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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.
Retail Lending: Retail lending is defined as closed- and open-end credit extended to individuals for household, family, and other personal expenditures. Extensive knowledge of consumer lending field.
Customer Contact: Customer Contact is the process of handling a query of the customer before, during, and after the purchase of any product or service.
| Skill | Salary | Demand |
|---|---|---|
|
Benefits Management
|
$94,056 |
6%
|
|
Consulting
|
$94,056 |
6%
|
|
Small Business Banking
|
$94,056 |
6%
|
|
Influencing
|
$93,169 |
5%
|
|
Credit Reports
|
$93,169 |
5%
|
|
Negotiating
|
$93,169 |
5%
|
