Hello, I just received an offer with Chase for the Relationship Banker position with the pay rate of 50k yr + commission. Do you think it is a fair pay rate or I can negotiate for more? Also, they just mentioned to me at pre offer step that if I quit or change within the first year or two, I will have to pay for the lincenses' fee. Does anyone know how much would it be for the fee? And also am I still able to keep the licenses if I leave?

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Depends on where you’re located. I think it is odd they threaten to charge you for the licenses if you quit in the first two years, I’ve never heard of a firm doing that.

I’m a month into my Relatinship Banker Role in a new market. It’s after one year and the fees will be less than $1500. If you don’t worknina. Role that requires a Series 6 then it will expire after two years and you will need to take it again. All RBs got a pay raise to a min of $24 an hr it if you already make more than them a 5% pay raise for those who are above the $24 min.

I am in FL and that's the same that I was offered. I believe the licensing is around $500 for all 3, but you can check on the website to confirm. I do not know if you can keep them once you leave.

In ATL and received the same offer.

I don’t here about paying back the fee at bank of America or ML.

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