Do you have any intentions of working with FCMB of Nigeria in any capacity? Then it is crucial that you know their salary structure. So in this article, we will be telling you about FCMB salary structure.
If you desire to work in any bank at all, one of the things you should know is how much you stand to earn.
In fact, that question may even come up during your interview. So it only makes sense that you know the best answer to give. Just keep reading this article to know everything you would want to know — especially about FCMB.
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FCMB PLC
It was first established as City Securities Ltd in 1977. First City Merchant Bank got licensed in 1982, becoming the first local bank in Nigeria to be established without government support.
Name change from First City Merchant Bank to First City Monument Bank in 2001, following FCMB’s transformation to a universal bank.
The bank has its headquarters at Lagos State.
How much does FCMB pay their workers?
It is quite a norm that most people who go for job interviews tend to demand a pay lower than what they are supposed to earn thinking that that would place them at an advantage to get the job.
But no. It doesn’t work that way. One should be informed about the right pay they are meant to be getting for any given job.
That being said, we will be going straight to the salary structure of staff of FCMB, Nigeria. For clarity purpose, we will be showcasing this payment scheme according to their positions/level.
Monthly salary of FCMB Graduate Trainee
It’s the practice of FCMB to train fresh graduate for four (4) months to get them ready for the job in the banking sector.
The training is mandatory and it aims at exposing the fresh graduates to all the necessary training they’ll need.
During the training, the bank pays them the sum of ₦46,000 as monthly salary.
FCMB Salary Structure For Contract Staff (interns)
These set of workers referred to as contract staffs are not direct employees of the bank. They may be interns or NYSC corps members.
Contract staff of FCMB earn ₦58,000 – ₦63,000 monthly.
How Much Does FCMB Entry-Level Staff Earn?
The level of fresh entry-level graduate comes with a lot of obligations and targets to meet.
FCMB pay ₦115,000 monthly for Entry-Level staff.
Monthly salary of FCMB Customer care Service Representative
This staff Serves customers by providing service information and resolving problems.
Furthermore, they attract potential customers by answering questions and suggesting information about other services.
FCMB pays its customer service representatives within the range of ₦114,000 – ₦124,000 per month.
FCMB Relationship Officer Monthly salary
a Relationship Manager’s role involves working with clients to assist them in making the right decisions with their accounts and explaining the financial services on offer to them
In FCMB, the relationship officer receives within the range of ₦267,000 – ₦290,000 as salary per month.
Salary of Loan Officers at FCMB
These staffs are in charge of the loan activities of the bank — from disbursement to retrieving of these loans.
To get to this position, one will have to work in the bank for quite a number of years to gain enough expertise to occupy that position.
FCMB pays their loan officers an attractive sum of ₦541,000 monthly.
Credit Analysts Salary at FCMB
This position comes with a lot of responsibilities. FCMB pays its Credit Analyst over ₦320,000 as their monthly salary.
How Much is monthly salary of FCMB Marketers?
Their job comes with a certain level of creativity and target which they are meant to meet. FCMB pays its marketers within the range of ₦38,000 – ₦45,000 as salary per month.
FCMB Salary Structure For Branch Manager
The position of the branch manager is the highest in the branch.
FCMB branch managers earn in the range of ₦690,000 monthly; in addition to other mouth-watering allowances.
Conclusion
It is important to note that the salary structure is also affected by the location of the branch. Hence, it is safe to say the salary could be more or less.
We do hope this article was helpful.