Commercial Banking - RE Compensation Thread

I’ll go first 

Location - Midwest 

Year - 3rd year analyst - Origination 

Bank Size - Large Regional Bank 

Function - Multifamily Balance Sheet Lending 

Salary - 92k

Bonus - TBD later this week , will update

Update - bonus 10%

 

Based on the most helpful WSO content, it looks like you're sharing your compensation details in commercial banking with a focus on real estate, specifically multifamily balance sheet lending. It's great that you're contributing to the transparency in the industry by providing your data.

Here's a similar example from the WSO dataset for comparison:

  • Region: United States - Midwest
  • Position: 3rd Year Analyst in Private Wealth Management
  • Compensation:
    • Base: $85,000
    • Bonus: Varies by market, but for the 2nd year, it was between $15,000 to $30,000+

It's interesting to note that while your base salary is higher than the example from private wealth management, the bonus structure in commercial banking, especially in real estate, can be quite variable. It would be beneficial for the community if you could update with your bonus once you have that information. It helps paint a fuller picture of the compensation landscape in your specific niche of the banking world. Keep climbing those trees of knowledge and sharing the bananas of wisdom, my friend!

Sources: Q&A: 3rd Year Private Bank Analyst, What is your compensation in Real Estate Finance?, Q&A: 3rd Year Private Bank Analyst, Looking for Multifamily model with Loan Sizing Constraints, Multifamily Deals are Starting to Fall Out

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Sapiente itaque inventore repudiandae beatae maiores. Quia molestiae rem voluptas voluptatem placeat unde. Fugit praesentium nihil libero voluptate commodi.

Vel dolorum et voluptatem. Ex perferendis at laudantium quia minima. Voluptas eaque nesciunt dolorem facilis. Quis ut rem autem accusantium sit laudantium. Ea enim exercitationem asperiores error iure quo dolorem non. Quas molestiae et ut et error doloribus quibusdam.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”