Can someone provide a range of salaries and bonuses for Corporate Banking Analyst positions?
corporate banker salary
Generally, at the starting level corporate bankers make the same amount as investment bankers ($85 k in 2018) but the bonus levels will be somewhat lower than it is for investment bankers.
Our users shared their insights below - however, it is important to note that this data was shared in 2014.
Corp. banking at a BB typically pays 70k base with 20-30% bonus for a full year. For those starting after graduation in ~June working for 6months would be looking at 10k sign on, 10k stub EOY bonus.
Corp banking at super regionals is 65-70k base also 20-30% year end bonus, sign on 5-10k.
So, just to be clear, and I know this varies by firm and stuff, but CB and IB Analyst salaries are typically the same for 1st years at MM or BBs, $60-70k... and it's ultimately the bonus that's different for each, right? With CB bonuses at the analyst level being like $20-30k while at IBs its like $30-50k?
User @Morrah shared for recent data from 2015:
Since the increase, an update at Citi is as follows:
- 1st year Analyst: 10k sign on (same as IB) / 85K Base (same as IB) / 25-40K bonus
- 2nd year Analyst: 90k base / 45-60k bonus
- 3rd year Analyst: 95K base / 65-80K bonus (if you stay through full 3rd year - many are promoted to associate in Jan)
- 1st year Associate: 40k sign on / 125k base / 75-100k bonus
- 4th year Associate: 165K base / not sure
- 1st year VP: 175K base / not sure
Want to learn more about corporate banking? Check out the video below.
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