Salary Data

Private Banking Manager Salary

How much does a Private Banking Manager make in the United States?
Get the insights on the salary, benefits, education, and job description.
Salary Data for Private Banking Manager

$97,619 (USD)/yr

$47 (USD)/hr

$6,531 (USD)/yr

$96,340 (USD)/yr

$46 (USD)/hr

$6,531 (USD)/yr

Job Description
Manages branch of financial institution, such as commercial bank, credit union, finance company, mortgage company, savings bank, or trust company. Directs and coordinates activities to implement institution policies, procedures, and practices concerning granting or extending lines of credit, commercial loans, real estate loans, and consumer credit loans. Directs, through subordinate supervisors, activities of workers engaged in implementing establishment services and performing such functions as collecting delinquent accounts, authorizing loans, or opening savings account. The Branch Manager (Major Branch) is distinguished from the Branch Manager (Minor Branch) as the position requires more experience, supervises a larger staff, and is a larger volume branch bank.
The average private banking manager salary in United States is $97,619 or an equivalent hourly rate of $47. In addition, they earn an average bonus of $6,531. Salary estimates based on salary survey data collected directly from employers and anonymous employees in United States.
Compensation Data Based on Experience

$68,722 (USD)

$121,058 (USD)

Education

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Salary Potential

$113,167 (USD)

16 %

Based on our compensation data, the estimated salary potential for Private Banking Manager will increase 16 % over 5 years.

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About The Data
The above data is a sample of data available in ERI's Global Salary Calculator. The Global Salary Calculator provides compensation data for over 45,000 positions in 8,000+ cities in 69 countries. If you need to calculate competitive levels of salaries, incentives and total compensation by industry, organization size and salary planning date, please view a demonstration version of ERI's Salary Assessor, which is used by the majority of the Fortune 500 for salary survey data and compensation planning.
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