As of March 01, 2025, the average annual salary for a Private Banker III in Waltham, MA is $116,412. Salary.com reports that pay typically ranges from $102,041 to $136,224, with most professionals earning between $88,958 and $154,262.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $121,520 | $10,127 | $2,337 | $58 |
| Average | $103,846 | $8,654 | $1,997 | $50 |
| 25th Percentile | $91,027 | $7,586 | $1,751 | $44 |
An entry-level Private Banker III with under 1 year experience makes about $110,512. With less than 2 years of experience, a mid-level Private Banker III makes around $110,937. After 2-4 years, the Private Banker III pay rises to about $116,646. Those senior Private Banker III with 5-8 years of experience earn roughly $124,839, and those Private Banker III having 8 years or more experience are expected to earn about $125,425 on average.
| Levels | Salary |
|---|---|
| Entry Level Private Banker III | $110,512 |
| Intermediate Level Private Banker III | $110,937 |
| Senior Level Private Banker III | $116,646 |
| Specialist Level Private Banker III | $124,839 |
| Expert Level Private Banker III | $125,425 |
| Entry Level | 6% |
| Mid Level | 7% |
| Senior Level | 12% |
| Top Level | 20% |
| Experienced | 21% |
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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.
Client Service: Client services are the processes and interactions organizations and members of their staff have with their clients.
Product Knowledge: Product knowledge is the ability to communicate information and answer questions about a product or service. It is considered an important knowledge area for any role that puts you in front of customers, investors or the media.
| Skill | Salary | Demand |
|---|---|---|
|
Partnering
|
$132,709 |
14%
|
|
Planning
|
$126,889 |
9%
|
|
Small Business Banking
|
$125,725 |
8%
|
|
Commitment
|
$123,396 |
6%
|
|
Credit Reports
|
$123,396 |
6%
|
|
Customer Contact
|
$123,396 |
6%
|
