Those interested in the field will find that there are many different jobs in the banking industry. For instance, you could work for a prominent commercial bank or a small regional bank. There are also savings banks, credit unions and online banking institutions that offer employment opportunities. To give you a better idea of what is available, we have listed some of the most common jobs in the banking industry.
It's no surprise that bank teller positions make up 67% of all banking jobs. Aside from the usual tasks of cashing and depositing checks, people working in these positions are currently being trained to sell various banking products to consumers.
As a customer service representative, employees assist consumers with their accounts and resolve complaints via phone or email. The representatives must be thoroughly trained on any products offered by the bank, giving them the knowledge to explain and sell them to customers.
A loan officer's job involves reviewing and submitting a lot of paperwork. These employees assist potential borrowers with loan applications and then take numerous measures to verify that information. This may include contacting employers, credit card companies, previous lenders and so forth. While loan officers often sell products to banking customers, they generally specialize in consumer, commercial or mortgage leading areas.
Banks employ clerical workers to process transactions and also in collections departments as receptionists and secretaries. Administrative assistants typically manage the clerical workers and report directly to bank executives.
One of the most lucrative jobs inside of the branch is a financial manager. This position calls for one person to oversee the branch's operation, assist clients when in need and counsel customers.