2022 Commercial Banking / Corporate Banking Bonuses
Was Interested to see what the bonuses look like for those parts of finance this year as I am going into the industry Can you list:
Base:
Bonus:
Position:
YOE:
Bank: BB, Regional, MM,
Location: NY, Chicago, etc.
Base: $190,000
Bonus: $150,000
Position: VP
YOE: 7
Bank: Large non-BB bank
Location: Tier 2 city (ATL/Charlotte/Dallas/Houston/MIA)
Is this commercial or corporate banking?
Are you on the sales side (relationship manager/business development), portfolio management (credit officer) or underwriting side (underwriter)?
Not OP but that’s defiantly an RM bonus figure. RM goes up to 100% of salary while PM/credit averages about 25%-40% for a good performer.
What are the hours like at the associate and VP level?
Is this for Corporate Banking or commercial banking?
If you have chill hours I'm quitting my job right now and working for you this moment
Base: $100,000
Bonus: $20k sign on + relocation, unsure of year end.
Position: Incoming An1 (Corporate)
YOE: 0
Bank: Large non-BB bank
Location: NYC
Base: $87.5
Bonus: $7.5
Position: An2 (commercial)
YOE: 1.5
Bank: BB
Location: Dallas/Houston/Chicago
W
JPM
Base: $70k
Bonus: $7k
Position: An1 (Commercial)
YOE: 0.5
Bank: Small Regional
Location: Phoenix, Salt Lake City, etc.
Base: $160,000
Bonus: $85,000 ($60,000 cash and $25,000 RSU)
Position: Special Assets, VP2
YOE: 15
Bank: Regional
Location: CA
Base: $90kBonus: $20kYOE: 3 yrsPosition: Comm Bnkg Portfolio AssociateBank: BBLocation: Dallas/Charlotte/ATL
Wells Fargo? I am currently a FA1 there now and this seems similar to associate level
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