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How to hire a corporate banking officer

Corporate banking officer hiring summary. Here are some key points about hiring corporate banking officers in the United States:

  • In the United States, the median cost per hire a corporate banking officer is $1,633.
  • It takes between 36 and 42 days to fill the average role in the US.
  • Human Resources use 15% of their expenses on recruitment on average.
  • On average, it takes around 12 weeks for a new corporate banking officer to become settled and show total productivity levels at work.

How to hire a corporate banking officer, step by step

To hire a corporate banking officer, consider the skills and experience you are looking for in a candidate, allocate a budget for the position, and post and promote the job opening to reach potential candidates. Follow these steps to hire a corporate banking officer:

Here's a step-by-step corporate banking officer hiring guide:

  • Step 1: Identify your hiring needs
  • Step 2: Create an ideal candidate profile
  • Step 3: Make a budget
  • Step 4: Write a corporate banking officer job description
  • Step 5: Post your job
  • Step 6: Interview candidates
  • Step 7: Send a job offer and onboard your new corporate banking officer
  • Step 8: Go through the hiring process checklist
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  1. Identify your hiring needs

    Before you start hiring a corporate banking officer, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.

    Determine employee vs contractor status
    Is the person you're thinking of hiring a US citizen or green card holder?

    You should also consider the ideal background you'd like them a corporate banking officer to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire a corporate banking officer that fits the bill.

    Here's a comparison of corporate banking officer salaries for various roles:

    Type of Corporate Banking OfficerDescriptionHourly rate
    Corporate Banking OfficerLoan officers evaluate, authorize, or recommend approval of loan applications for people and businesses.$27-67
    Loan OriginatorA Loan Originator is a potential liaison between borrowers and lenders. They help borrowers complete loan applications and evaluate which loans are most appropriate for the customers.$13-28
    Home Mortgage ConsultantMortgage Consultants work to help people or businesses find the right lenders to get a mortgage from. They work with customers to find options that fit their current circumstances and financial capacity... Show more$12-24
  2. Create an ideal candidate profile

    Common skills:
    • Cash Management
    • Corporate Banking
    • Risk Management
    • Client Relationships
    • Treasury
    • Loan Portfolio
    • KYC
    • Financial Analysis
    • Portfolio Management
    • Commercial Banking
    • Bank Products
    • Securities
    • Corporate Clients
    • Bank Secrecy Act
    Check all skills
    Responsibilities:
    • Manage a combination of commercial and personal banking relationships, and promote cross-selling across multiple product lines.
    • Complete random audits on vaults, ATM's, cash boxes, and cash machines.
    • Monitor and track securities transactions, fund transfers, margin accounts.
    • Assist in cross selling new treasury services to existing clients in order to increase revenue.
    • Service and fund all daily treasury and corporate credit functions, checking for loan compliance and legal documentation.
    • Supervise end-of-dayprocessing for: teller, vault and ATM cash balancing, wire transfers, overdrafts and checkprocessing.
    More corporate banking officer duties
  3. Make a budget

    Including a salary range in your corporate banking officer job description is a great way to entice the best and brightest candidates. A corporate banking officer salary can vary based on several factors:
    • Location. For example, corporate banking officers' average salary in florida is 45% less than in washington.
    • Seniority. Entry-level corporate banking officers earn 59% less than senior-level corporate banking officers.
    • Certifications. A corporate banking officer with a few certifications under their belt will likely demand a higher salary.
    • Company. Working for a prestigious company or an exciting start-up can make a huge difference in a corporate banking officer's salary.

    Average corporate banking officer salary

    $91,218yearly

    $43.85 hourly rate

    Entry-level corporate banking officer salary
    $58,000 yearly salary
    Updated December 16, 2025

    Average corporate banking officer salary by state

    RankStateAvg. salaryHourly rate
    1California$119,838$58
    2Washington$107,562$52
    3New York$105,081$51
    4Massachusetts$97,064$47
    5New Jersey$94,325$45
    6Texas$92,332$44
    7Delaware$87,128$42
    8Hawaii$83,077$40
    9Minnesota$78,918$38
    10Illinois$75,835$36
    11Virginia$70,140$34
    12Georgia$67,183$32
    13Arizona$66,040$32
    14Pennsylvania$65,691$32
    15Louisiana$65,428$31
    16Colorado$64,610$31
    17North Carolina$61,407$30
    18Missouri$61,193$29
    19Florida$58,983$28

    Average corporate banking officer salary by company

    RankCompanyAverage salaryHourly rateJob openings
    1Westpac$135,737$65.26
    2MUFG EMEA$118,613$57.03
    3First Commonwealth Bank$103,786$49.907
    4Royal Bank of Canada$102,718$49.3830
    5Central Pacific Bank$100,669$48.4014
    6Cambridge Savings Bank$95,953$46.13
    7JPMorgan Chase & Co.$95,101$45.72832
    8Bank of America$85,876$41.2976
    9Wells Fargo$83,585$40.1923
    10Banco de Bogota Miami Agency$81,027$38.96
    11Old National Bank$62,138$29.8728
    12First Foundation$61,644$29.644
    13CCBFinancial$54,187$26.05
    14MUFG Americas Holdings$38,041$18.2917
  4. Writing a corporate banking officer job description

    A corporate banking officer job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of a corporate banking officer job description:

    Corporate banking officer job description example

    The MC Non-Bank Financial Institutions ("NBFI" NAM Industry Head is responsible for managing Citi's Commercial Bank ("CCB") coverage effort for corporate clients in this newly formed industry segment with revenues from $100MM to $3B+. The NBFI team will consist of over 20 professionals located in offices throughout the United States. The NBFI Industry is expected to be a key component of the expected growth of the Commercial Bank with a corresponding expectation that the size of the team will continue to grow in the coming years.

    A strong understanding and experience in covering the NBFI industries including Insurance, Investment Funds, Asset Managers, Titling and others, as well as the current competition in this space for financial services is essential to the commercial objectives of the business. This position will require the person to execute a growth strategy that aligns with CCB and Institutional Clients Group ("ICG") expectations and developing the experience and knowledge within the team for successful execution. Excellent communication skills required to present and negotiate internally, often at a senior level. Accountable for end results, budgeting, planning, policy formulation and contribution to future strategy of the area(s). Full management responsibility for multiple teams, including management of people, budget and planning, to include duties such as performance evaluation, compensation, hiring, disciplinary actions and terminations and budget approval. This role will report directly the CCB NAM Head of Mid -Corporates.
    Responsibilities:

    * Drive innovation on the solutions we provide clients through partnerships with product specialists and subject matter experts, while structuring deals that balance risk and reward.
    * Manage a growing team of Bankers, Relationship Associates and Associates in delivering the bank to the clients while developing their skills and capabilities
    * Execution of strategic initiatives launched centrally at all levels, including global coordination with other regions and working closely with other areas of Citi's Institutional Client Group
    * Drive complex multi-product solutions across multiple geographies, such as cash management solutions, coordinated hedging solutions, and capital raising solutions, etc.
    * Work closely with Credit Loan Management and Independent Risk to ensure the establishment of new credit relationships as well as the monitoring of the existing credit portfolio
    * Ensure compliance with regulatory requirements and Citi's policies / guidelines at all times
    * Attracting, retaining, and motivating a team, along with responsibility for managing a budget and meeting team performance goals, including robust new client acquisitions

    Qualifications:

    * 15+ years of commercial/corporate banking experience with extensive experience covering the NBFI space and the unique solutions required for these companies
    * In-depth knowledge of all aspects of commercial/corporate banking products including cash management, derivatives, syndicated and bilateral loans, capital markets issuances, trade, etc.
    * Possesses sound judgment and is creative in providing structured solutions to bank clients
    * Significant experience with credit decision making authority, with experience in complex capital structures and cross border transactions
    * Multi-year experience pitching and executing capital markets solutions, including joint calling with investment bankers as well as independently is desired.
    * Tangible knowledge of competitors and how to successfully select a target market and position Citi to win.
    * Must be able to actively engage with senior management within US and Global Commercial Bank, as well as the Banking, Capital Markets, and Advisory team,
    * Advanced level credit skills with the expectation to be appointed a senior credit officer soon after assuming the role
    * Ability to work effectively in team setting
    * Able to effectively interact with a variety of internal and external constituencies
    * Proven track record of successfully managing and leading teams through complex change; a reputation for retaining, attracting and developing talent
    * Proven leadership ability with excellent interpersonal communication skills
    * Must have a sharp business development focus and demonstrate innovative approaches
    * Able to quickly adapt priorities based on the latest data insights

    Education:

    * Bachelor's/University degree, Masters degree preferred
  5. Post your job

    To find corporate banking officers for your business, try out a few different recruiting strategies:

    • Consider internal talent. One of the most important talent pools for any company is its current employees.
    • Ask for referrals. Reach out to friends, family members, and your current work to ask if they know any corporate banking officers they would recommend.
    • Recruit at local colleges. Attend job fairs at local colleges to recruit entry-level corporate banking officers with the right educational background.
    • Social media platforms. LinkedIn, Facebook, and Twitter have more than 3.5 billion users, and they're a great place for company branding and reaching potential job candidates.
    Post your job online:
    • Post your corporate banking officer job on Zippia to find and recruit corporate banking officer candidates who meet your exact specifications.
    • Use field-specific websites.
    • Post a job on free websites.
  6. Interview candidates

    During your first interview to recruit corporate banking officers, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.

    It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.

    The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

  7. Send a job offer and onboard your new corporate banking officer

    Once you've decided on a perfect corporate banking officer candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.

    It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.

    To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.

  8. Go through the hiring process checklist

    • Determine employee type (full-time, part-time, contractor, etc.)
    • Submit a job requisition form to the HR department
    • Define job responsibilities and requirements
    • Establish budget and timeline
    • Determine hiring decision makers for the role
    • Write job description
    • Post job on job boards, company website, etc.
    • Promote the job internally
    • Process applications through applicant tracking system
    • Review resumes and cover letters
    • Shortlist candidates for screening
    • Hold phone/virtual interview screening with first round of candidates
    • Conduct in-person interviews with top candidates from first round
    • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
    • Conduct background checks on top candidates
    • Check references of top candidates
    • Consult with HR and hiring decision makers on job offer specifics
    • Extend offer to top candidate(s)
    • Receive formal job offer acceptance and signed employment contract
    • Inform other candidates that the position has been filled
    • Set and communicate onboarding schedule to new hire(s)
    • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)
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How much does it cost to hire a corporate banking officer?

There are different types of costs for hiring corporate banking officers. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new corporate banking officer employee.

You can expect to pay around $91,218 per year for a corporate banking officer, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for corporate banking officers in the US typically range between $27 and $67 an hour.

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