How much does a Private Banker IV make in Maine? The average Private Banker IV salary in Maine is $130,238 as of March 26, 2024, but the range typically falls between $114,013 and $150,860. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Private Banker IV Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Private Banker IV Salary $99,242 ME March 26, 2024
25th Percentile Private Banker IV Salary $114,013 ME March 26, 2024
50th Percentile Private Banker IV Salary $130,238 ME March 26, 2024
75th Percentile Private Banker IV Salary $150,860 ME March 26, 2024
90th Percentile Private Banker IV Salary $169,636 ME March 26, 2024
25% $114,013 10% $99,242 90% $169,636 75% $150,860 $130,238 50%(Median) Didn’t find job title? Click
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What skills does a Private Banker IV need?

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.

1.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.

3.

Banking Services: Banking Services are services like commercial credit cards, stored value cards, treasury management services, netting services, check drawing services, automated payment services including depository, overdraft, controlled disbursement and etc.

Customer Service 16.48%
Underwriting 2.02%
Banking Services 1.42%
Others 80.08%

Job Description for Private Banker IV

Private Banker IV 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 IV 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 IV typically requires a bachelor's degree. Typically reports to a manager. The Private Banker IV work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. To be a Private Banker IV typically requires 7+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Private Banker IV in Maine
  • Maxim Healthcare in (insert location) is hiring for a Registered Nurse to work with Pediatric and/or Adult patients in their own homes. Why Join Maxim. Com...
    - 6 Days Ago
  • Job Overview. Become a part of the diverse, service-oriented team that is Dollar Bank, the nation’s largest mutual bank. We are committed to being an inclu...
    - 24 Days Ago
  • Description Why Novant Health. Come join a remarkable team where quality care meets quality service, in every dimension, every time. Let Novant Health be t...
    - 25 Days Ago
  • Description Why Novant Health. Come join a remarkable team where quality care meets quality service, in every dimension, every time. Let Novant Health be t...
    - 25 Days Ago
  • Description. Starting Salary: $20 / hour and up. Citizens Bankers are the face of the branch. They devote their time getting to know their customers and bu...
    - Just Posted

Select a city to view specific salary and bonus information for Private Banker IV

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Location Avg. Salary Date Updated
Location Saco, ME Avg. Salary $132,111 Date Updated March 26, 2024
Location Windham, ME Avg. Salary $132,245 Date Updated March 26, 2024
Location Abbot, ME Avg. Salary $126,891 Date Updated March 26, 2024
Location Acton, ME Avg. Salary $135,458 Date Updated March 26, 2024
Location Addison, ME Avg. Salary $126,891 Date Updated March 26, 2024
Location Albion, ME Avg. Salary $126,891 Date Updated March 26, 2024
Location Alfred, ME Avg. Salary $134,789 Date Updated March 26, 2024
Location Alna, ME Avg. Salary $131,041 Date Updated March 26, 2024
Location Andover, ME Avg. Salary $131,041 Date Updated March 26, 2024
Location Anson, ME Avg. Salary $126,891 Date Updated March 26, 2024

Career Path for Private Banker IV

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Private Banker IV, the first career path typically progresses to Financial Advising Director.

Additionally, the second career path typically starts with a Private Banking Manager position, and then progresses to Private Banking Director.

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Private Banker IV Salary in Maine
Private Banker IV Salary Graph, Regional Distribution and Summary