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Small Business Banking Officer Salary in Clarenville, Newfoundland & Labrador
How much does a Small Business Banking Officer make in Clarenville, Newfoundland & Labrador?
$34,809 (CAD)/year
Average Bonus
$550 (CAD)
per Year
Total Compensation
$35,018.98
Entry Level
$34,007
Median
$34,469
Senior Level
$37,966
As of July, 23, 2026, the average small business banking officer gross salary in Clarenville, Newfoundland & Labrador is $34,809 or an equivalent hourly rate of $17. In addition, small business banking officers earn an average bonus of $550. An entry level small business banking officer with 1-3 years of experience earns an average salary of $34,007. At the higher end of the pay range, a senior level small business banking officer with 8+ years of experience earns an average salary of $37,966. Salary estimates are based on salary survey data collected directly from employers in Clarenville, Newfoundland & Labrador.
Data powered by ERI
Salary Potential for a Small Business Banking Officer
Explore the estimated salary growth for a Small Business Banking Officer in Clarenville, Newfoundland & Labrador for up to 5 years. The estimated salary of a Small Business Banking Officer will be $35,693 in 1 year and $39,459 in 5 years.
View Salary by Year
Estimated Salary
$36,599
Average Growth
5.1 %
The estimated salary for a Small Business Banking Officer in 2 years is $36,599, which is 5.1 % average growth. This information is based on ERI's compensation database.
Typical Small Business Banking Officer Education
This chart displays the highest level of education for Small Business Banking Officers.
- 0% of Small Business Banking Officers have less than a High School Diploma
- 20% of Small Business Banking Officers have a High School Diploma
- 0% of Small Business Banking Officers have an Associate's Degree
- 40% of Small Business Banking Officers have a Bachelor's Degree
- 40% of Small Business Banking Officers have a Master's Degree
- 0% of Small Business Banking Officers have a Doctorate Degree
Popular Skills for a Small Business Banking Officer
Assesses account
100%
Opens accounts
100%
These are the most popular skills for Small Business Banking Officers. About 100% of Small Business Banking Officers have a skill in Assesses account.
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Where can a Small Business Banking Officer earn more?
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Small Business Banking Officer Salaries in Other Locations
Salaries for Similar Job Titles in Clarenville, Newfoundland & Labrador
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Small Business Banking Officer Jobs
View moreCost of Living in Clarenville, Newfoundland & Labrador
The cost of living in Clarenville, Newfoundland & Labrador is 7% higher than the national average.
7% higher
than the national average
Whether you're planning to move or just want to see the cost of living in different locations, our cost-of-living calculator is the place to start. Compare salaries for other locations by city, U.S. ZIP code, state, or country.
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Frequently Asked Questions
What does a Small Business Banking Officer do?
Interview persons desiring to open accounts in financial institutions. Explain account services available to prospective customers and assist them in preparing applications.
How much does a Small Business Banking Officer make in Clarenville, Newfoundland & Labrador?
The average salary for a Small Business Banking Officer is $34,809 per year or $16.74 per hour in Clarenville, Newfoundland & Labrador. Top earners have reported making up to $37,966. However, the typical pay range in Clarenville, Newfoundland & Labrador is between $34,007 and $37,966 annually.
What is the salary trajectory for a Small Business Banking Officer?
Small Business Banking Officer is projected to see a 13.4 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer?
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career.
What are some factors that impact Small Business Banking Officer salaries?
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.
About Our Data
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.
Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.
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