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What is the highest and lowest pay for Private Banking Manager?

As of December 01, 2024, the average annual pay of Private Banking Manager in Memphis, TN is $161,491. While Salary.com is seeing that the highest pay for Private Banking Manager in Memphis, TN can go up to $193,135 and the lowest down to $129,219, but most earn between $144,599 and $178,055. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Private Banking Manager in the United States.

Private Banking Manager Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $190,026 $15,836 $3,654 $91
Average $172,349 $14,362 $3,314 $83
25th Percentile $154,321 $12,860 $2,968 $74

Average Salary

25% $144,599 10% $129,219 90% $193,135 75% $178,055 $161,491 50%(Median) Didn’t find job title? Click
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Salary.com provides you with accurate and diversified Private Banking Manager salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Private Banking Manager hourly pay, weekly pay, monthly pay and so on.

Last Updated on December 01, 2024
Last Updated on December 01, 2024
Levels Salary
Entry Level Private Banking Manager $154,502
Intermediate Level Private Banking Manager $155,255
Senior Level Private Banking Manager $157,012
Specialist Level Private Banking Manager $159,020
Expert Level Private Banking Manager $162,499
$154,502 0 yr
$155,255 < 2 yrs
$157,012 2-4 yrs
$159,020 5-8 yrs
$162,499 > 8 yrs
Last Updated on December 01, 2024
Entry Level 10%
Mid Level 10%
Senior Level 9%
Top Level 8%
Experienced 6%
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Last Updated on December 01, 2024

Job Openings of Private Banking Manager

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Cost of Living In Memphis, TN

Cost of Living in Memphis , TN is
-11.6% Lower
than the National Average
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Best-Paid Skills and Qualifications for Private Banking Manager

What skills does a Private Banking Manager 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.

Trading: Trading is the act or process of buying, selling, or exchanging commodities, at either wholesale or retail, within a country or between countries.

3.

Professional Development: Professional development refers to continuing education and career training after a person has entered the workforce in order to help them develop new skills, stay up-to-date on current trends, and advance their career.

Customer Service 7.46%
Trading 1.49%
Professional Development 1.49%
Others 89.56%
View as Table
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Private Banking Manager higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Operational Risk, you can get a 15% salary raise. If you are good at Personal Banking, your salary will increase by 14%. If you are expert in Prioritization, your salary will rise by 11%.
Skill Salary Demand
Operational Risk
$185,715
15%
Personal Banking
$184,100
14%
Prioritization
$179,255
11%
Expense Control
$179,255
11%
Branch Operations
$177,640
10%
Commitment
$177,640
10%
Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Private Banking Manager is $161,491 per year in Memphis, TN, updated at December 01, 2024.
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