Quote:
Originally Posted by Gerbs
Which side of sales in banking are you? Like looking for small business businesses or mainly high net worth individuals?
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I work in the upper end of the business banking space - companies in this space typically have borrowing needs from $10-20 million and revenues from $10-100 million. My role is to be the primary point of accountability for relationships - both existing and new - and be the point person for lending needs.
An entry level role in my exact line of business would be the same job but for smaller companies - those who borrow $1-3 million and have revenues in the $1-10 million space. There would also be one more role between mine and that one which would bridge the gap in terms of sizes.
An entry level job would typically have salaries in the $50s-$60s (though it is possible to get hired in the 70s if you are a desirable candidate that the bank would expect to promote quickly), and on top of that, bonus in the 15-20% range, with top performers getting significant raises and lots of upside beyond that bonus number.
-Mark