What does a Bank of America relationship banker do?
Is Relationship banker hard?
The job can be very stressful. A lot in banking is changing and Bofa isn't trying too hard to push it onto everyone. Very little focus on customers/employees and what benefits them, more about how the company can make money.
What do relationship bankers earn?
The salaries of Relationship Bankers in the US range from $25,860 to $59,477 , with a median salary of $34,880 . The middle 50% of Relationship Bankers makes between $34,880 and $42,721, with the top 83% making $59,477.
What is a relationship banker Bank of America?
A relationship banker, also known as a personal banker, is the liaison between the customer and the financial institution, building and maintaining that relationship and offering advice on everything from personal and business accounts to investments, loans and trust management services.
What is the average salary of a relationship banker?
The average salary for a relationship banker is $43,933 per year in the United States.
Which bank pays highest salary?
- Gold Sach Bank. The average base salary for vice presidents: $165,424. ...
- Bank of America (BofA) The average base salary for vice presidents: $110,267. ...
- American Express Amex. ...
- Capital One Financial Corporation. ...
- Morgan Stanley. ...
- Wells Fargo. ...
- JPMorgan Chase. ...
- Citigroup.
How much do relationship bankers make an hour?
Job Title Salary
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Bank of America Relationship Banker salaries - 1,492 salaries reported $21/hr
Chase Relationship Banker salaries - 684 salaries reported $42,349/yr
J.P. Morgan Relationship Banker salaries - 643 salaries reported $42,646/yr
What does it take to be a relationship banker?
Education Requirements Most banks want to hire someone with at least a bachelor's degree in finance, accounting or business. This type of coursework along with internships at banks and other financial institutions can provide a good starting point for a career as a relationship banker.
Whats it like being a relationship banker?
A relationship banker helps clients resolve any issues they have with their accounts, and helps them to optimize and manage their accounts. ... Relationship bankers have broad knowledge of all the products and services offered by a bank and advises their clients about how to use them to improve their financial situations.