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Retail Banking Head Salary
in Chicago, Illinois

$162,990 (USD)

Average Salary

$78/hr

Average Hourly

$16,071

Average Bonus

Last updated: May 25, 2019

Salary Recap

The average pay for a Retail Banking Head is $162,990 a year and $78 an hour in Chicago, Illinois, United States. The average salary range for a Retail Banking Head is between $112,255 and $203,286. On average, a Bachelor's Degree is the highest level of education for a Retail Banking Head. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Chicago, Illinois.

Average Salary Chart

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Job Summary

Description:
  • Plans, organizes, directs, and coordinates, through subordinate managerial personnel, activities of retail banking consumer products and services division.
  • Oversees tellers and loan officers, new accounts, branch operations, deposit and lending services, customer service, new product research and development, marketing, personal banking, and private banking.
  • Assesses market conditions, and recommends banking strategies to gain and sustain the bank's competitive edge.
  • Acts under authority and responsibility delegated by a corporate executive officer.
  • NOTE: ERI's findings based on asset size.
Retail Banking Head Job Prevalence in Chicago, Illinois, United States

Job family: Financial Managers

Job family population: 569,380

Estimated population of Retail Banking Head jobs: 5,216

Rate of error: 0.6%

Salary Potential

Estimated salary in 2024:
$188,950
5 Year Change:
16 %

Education

Skills

Skills data not available for this job

About Chicago, Illinois

Chicago Cost of Living Score:

Description: Chicago ( (listen), locally also ), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,705,994 (2018), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States. Located on the shores of freshwater Lake Michigan, Chicago was incorporated...

Retail Banking Head Job Listings for Chicago, Illinois

Citi Retail Services - Head of Pricing & Statement Operations
Apr 17
Elk Grove Village, USA
Citi-US
Yes, 25 % of the Time Job ID: 19018209 Description About Citi Citi, the leading global bank, has ... Citi Retail Services (CRS) is a leader in the retail credit card industry. CRS manages 43 million ...
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.

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