How much does a Small Business Banker II make in Lakewood, NJ? The average Small Business Banker II salary in Lakewood, NJ is $115,642 as of February 26, 2024, but the range typically falls between $100,624 and $130,986. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Small Business Banker II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Small Business Banker II Salary $86,951 Lakewood,NJ February 26, 2024
25th Percentile Small Business Banker II Salary $100,624 Lakewood,NJ February 26, 2024
50th Percentile Small Business Banker II Salary $115,642 Lakewood,NJ February 26, 2024
75th Percentile Small Business Banker II Salary $130,986 Lakewood,NJ February 26, 2024
90th Percentile Small Business Banker II Salary $144,956 Lakewood,NJ February 26, 2024
25% $100,624 10% $86,951 90% $144,956 75% $130,986 $115,642 50%(Median) Didn’t find job title? Click
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What skills does a Small Business Banker II 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.

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.

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.

Mental Health: Mental health includes our emotional, psychological, and social well-being. It affects how we think, feel, and act. It also helps determine how we handle stress, relate to others, and make healthy choices.

Products and Services 6.64%
Underwriting 2.29%
Mental Health 1.68%
Others 89.39%

Job Description for Small Business Banker II

Small Business Banker II develops and manages banking relationships with small business customers to acquire new business, sell financial products and services and grow the portfolio. Prospects for new customers, upsell opportunities, and referrals. Being a Small Business Banker II develops and maintains strong relationships with referral sources. Engages with existing customers to understand their financial needs and provide suggestions for products and services that benefit small businesses throughout the business cycle. Additionally, Small Business Banker II serves as point of contact and advocates for customers to answer questions, resolve issues, and provide product information. Maintains an in-depth understanding of product offerings and coordinates with other areas of the bank to upsell or deliver services to customers. Monitors and maintains assigned portfolio to ensure appropriate risk profile. Follows all regulatory and organizational policies and procedures. Requires a bachelor's degree or equivalent. Typically reports to a manager. The Small Business Banker II work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Small Business Banker II typically requires 4 -7 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Small Business Banker II in Lakewood, NJ

Career Path for Small Business Banker II

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 Small Business Banker II, the upper level is Relationship Manager IV (Business Banking) and then progresses to Business Banking Manager I.

Those that have already made the climb...
John D. Rainey, Former Chief Financial Officer and EVP, Global Customer Operations
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, PayPal Zettle, Hyperwallet, PayPal Honey, and Paidy names. Its payments platform allows consu... More
Fiscal Year Ended in 2022
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Small Business Banker II salary varies from city to city. Compared with national average salary of Small Business Banker II, the highest Small Business Banker II salary is in San Francisco, CA, where the Small Business Banker II salary is 25.0% above. The lowest Small Business Banker II salary is in Miami, FL, where the Small Business Banker II salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Small Business Banker II, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
100624
130986
115642

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
105362
143313
124889
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Small Business Banker II in Lakewood, NJ. The base salary for Small Business Banker II ranges from $100,624 to $130,986 with the average base salary of $115,642. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $105,362 to $143,313 with the average total cash compensation of $124,889.
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100624
130986

 

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About Lakewood, New Jersey    Lakewood Township is a township in Ocean County, New Jersey, United States. As of 2017 the town had a population of approximately 102,682 residents. A....More

Lakewood, New Jersey  area prices were up 1.5% from a year ago    View the Cost of Living in Lakewood, New Jersey

Small Business Banker II Salary in popular cities: NewarkJersey CityPaterson

Skills associated with Small Business Banker II: Banking Products, Prospecting, Customer Relationship Management (CRM) software, Business Relationship Management ...More

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