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Junior Banker Salary in Memphis, TN

How much does a Junior Banker make in Memphis, TN? The salary range for a Junior Banker job is from $32,504 to $40,471 per year in Memphis, TN. Click on the filter to check out Junior Banker job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at October 01, 2024
$36,395
Per Year
The average salary for a Junior Banker is $36,395
per Year in Memphis, TN.
Individually reported data submitted by users of our website

HOW SHOULD YOU USE THIS DATA?

Employees: Use this as a guide for salary expectations, but be aware that responsibilities can change across companies for the same job title, so there may be differences between this data, other free site and our subscription products bought by employers.

Employers: This data could be used as reference point in your market pricing, but not the only source, due to differences across jobs locations, and sizes of companies.Consider additional sources like our Employer reported data.

Base Salary
$32,504
$36,395
Medium
$40,471
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Highest Paying Cities for Junior Banker near Memphis, TN

We list eight cities that pay high wages to Junior Banker near Memphis. The salary difference may cause by many reasons, such as the cost of living. The competition will also be fiercer where wages are high. Click the city name to learn more about the Junior Banker pay level in these cities.
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States with Higher Salaries for Junior Banker

Here are the top five states that pay the highest Junior Banker salary in the United States. District of Columbia takes first place with the highest Junior Banker salary is $43,231 per Year. California and New Jersey take the second and third place with $42,842 per Year and $42,570 per Year in the list. A higher average Junior Banker salary indicates a higher cost of living too.

How Much Do Similar Professions Get Paid in Memphis, TN?

The following job titles have similar responsibilities as a Junior Banker. However, the different job titles may have different salaries. Learn each job, and finger out the most suitable position with the highest wage for you in your city.
Junior Investment Banker
Average salary
United States
$54,286
per Year
Junior Mortgage Banker
Average salary
United States
$36,151
per Year
Banker
Average salary
United States
$97,500
per Year
Retail Banker
Average salary
United States
$78,515
per Year
Mortgage Banker
Average salary
United States
$116,142
per Year
Business Banker
Average salary
United States
$72,332
per Year

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What Does a Junior Banker Do?

On slow days, a junior banker may have time to catch up on the news and sports, but there is not much opportunity for social media since most investment banks put up firewalls to block distracting websites.

December 13, 2021

Senior bankers may get away by 10 p.m., but junior bankers normally slump home in the early hours of the morning to get a few hours of sleep before doing it all again the next day.

December 05, 2021

Meanwhile, Bank of America sent messages of encouragement to its junior bankers, according to an internal memo obtained by NPR announcing pay increases for analysts, associates, and vice presidents.

December 05, 2021

During the pandemic, some junior bankers stayed at their apartments in big cities and continued to work.

September 24, 2021

Most Common Benefits for Junior Banker

Social Security
Healthcare
401(k)
Pension
Disability
Time Off (days)

Frequently Asked Questions

Common questions about salaries for a Junior Banker
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On slow days, a junior banker may have time to catch up on the news and sports, but there is not much opportunity for social media since most investment banks put up firewalls to block distracting websites.
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Check the below career pages for detailed pay ranges for similar professions to Junior Banker:
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Explore our personal salary report to know the Junior Banker market value in Memphis, TN. And find out if any places are having a higher Junior Banker salary.
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The average salary of a Junior Banker is $36,395 in Memphis, TN.
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