As of March 01, 2025, the average annual salary for a Private Banker II in Palatine, IL is $82,769. Salary.com reports that pay typically ranges from $69,708 to $96,083, with most professionals earning between $57,818 and $108,204.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $93,648 | $7,804 | $1,801 | $45 |
| Average | $80,671 | $6,723 | $1,551 | $39 |
| 25th Percentile | $67,942 | $5,662 | $1,307 | $33 |
An entry-level Private Banker II with under 1 year experience makes about $80,916. With less than 2 years of experience, a mid-level Private Banker II makes around $82,274. After 2-4 years, the Private Banker II pay rises to about $85,223. Those senior Private Banker II with 5-8 years of experience earn roughly $85,813, and those Private Banker II having 8 years or more experience are expected to earn about $86,206 on average.
| Levels | Salary |
|---|---|
| Entry Level Private Banker II | $80,916 |
| Intermediate Level Private Banker II | $82,274 |
| Senior Level Private Banker II | $85,223 |
| Specialist Level Private Banker II | $85,813 |
| Expert Level Private Banker II | $86,206 |
| Entry Level | 0% |
| Mid Level | 2% |
| Senior Level | 6% |
| Top Level | 6% |
| 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.
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
|
$87,735 |
6%
|
|
Consulting
|
$87,735 |
6%
|
|
Small Business Banking
|
$87,735 |
6%
|
|
Influencing
|
$86,907 |
5%
|
|
Credit Reports
|
$86,907 |
5%
|
|
Negotiating
|
$86,907 |
5%
|
