Currently make just under $90k as a Credit Analyst with a private, regional bank in Oklahoma City. I have 5 years of experience working in the corporate underwriting group on loans ranging anywhere from $1 million up to $50 million.
The new position I’m looking at is a commercial portfolio manager with a public bank of similar size in Dallas. I would continue a decent amount of underwriting but also be responsible for helping maintain their existing book of customers and would assist with new loan pre-screens.
HR called me today to check in and asked about salary expectations. Earlier in the process, I had said it depended on the full compensation package but I got the sense she wanted a number this time. So I told her based on similar positions in Dallas and my work experience, I was thinking in the $110 -120k range.
Based on her tone, she didn’t seem too alarmed but did let me know she thought that might be a bit high, and that she would look up their market salary data to do a bit more research.
My question is: Did I come in too high and potentially scare them off? Would negotiating a higher potential bonus pool or more vacation days with a lower base salary be an option?
I feel that this position will come with more responsibilities and duties than my current job. Plus cost of living between OKC and Dallas isn’t negligible.
Submitted April 26, 2021 at 09:08PM by your_drunk_uncle_tom https://ift.tt/2RXDZGI
