You may need a 3-foot long key to open the vaults at the Bank of England, but closer to home you can get your foot in the door with one of a number of great positions in the banking industry.
Whether you’re working for a branch office as a teller, or for corporate head office as an auditor, there are lots of professional opportunities in the world of money. Just browse the job application guides below to learn more.
Top 5 Job Positions in the Banking Industry
A Bank Teller works at the counter of a bank to assist regular and business customers with various financial transactions. Their duties include processing deposits, withdrawals, bill payments and government remittances, transferring funds between accounts, and exchanging foreign currency.
Bank Tellers must be very detail-oriented and should have excellent customer service skills. Bank Tellers usually earn about $26,000 per year.
Investment Advisors work with banks to sell stocks, mutual funds, and other types of investment securities. They usually work on a commission basis, and get customer referrals from bank employees.
Investment Advisors must hold a special federal license to sell securities. Many Investment Advisors earn an average annual income of about $70,000.
Bank Loan Officer
Bank Loan Officers are responsible for issuing various personal and business loans to customers. They open customer savings and checking accounts, as well as process and evaluate applications for credit cards and car loans.
Loan Officers may also register to specialize in home and mortgage loans, in which case they often work on commission. Bank Loan Officers earn an average annual salary of about $56,000.
Insurance Representatives work with banks to sell such products as life insurance, health insurance, and annuities. They generally work on a commission basis, and receive customer referrals from bank employees.
Insurance Representatives must hold a special license from the state they work in. Insurance Representatives often earn an annual income of about $47,000.
In-house Bank Auditors are responsible for uncovering clerical errors and fraud by monitoring and investigating transactions at their bank’s various branch operations. They work to reduce and prevent financial and operational losses.
Some Bank Auditors have accounting degrees and are responsible for overseeing entire bank divisions. Bank Auditors earn average annual salaries ranging from $50,000 to $70,000, depending on their qualifications.