Bank advisor vs bank specialist

The differences between bank advisors and bank specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a bank advisor and a bank specialist. Additionally, a bank advisor has an average salary of $90,014, which is higher than the $42,779 average annual salary of a bank specialist.

The top three skills for a bank advisor include financial services, CRM and client relationships. The most important skills for a bank specialist are bank products, strong customer service, and customer relationships.

Bank advisor vs bank specialist overview

	Bank Advisor	Bank Specialist
Yearly salary	$90,014	$42,779
Hourly rate	$43.28	$20.57
Growth rate	15%	10%
Number of jobs	49,437	22,225
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 62%
Average age	45	43
Years of experience	4	4

Bank advisor vs bank specialist salary

Bank advisors and bank specialists have different pay scales, as shown below.

	Bank Advisor	Bank Specialist
Average salary	$90,014	$42,779
Salary range	Between $56,000 And $143,000	Between $28,000 And $64,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	Goldman Sachs
Best paying industry	-	Finance

Differences between bank advisor and bank specialist education

There are a few differences between a bank advisor and a bank specialist in terms of educational background:

	Bank Advisor	Bank Specialist
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 62%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Bank advisor vs bank specialist demographics

Here are the differences between bank advisors' and bank specialists' demographics:

	Bank Advisor	Bank Specialist
Average age	45	43
Gender ratio	Male, 61.3% Female, 38.7%	Male, 45.3% Female, 54.7%
Race ratio	Black or African American, 5.6% Unknown, 4.4% Hispanic or Latino, 9.5% Asian, 8.3% White, 72.1% American Indian and Alaska Native, 0.1%	Black or African American, 5.7% Unknown, 4.1% Hispanic or Latino, 11.9% Asian, 11.4% White, 66.6% American Indian and Alaska Native, 0.2%
LGBT Percentage	5%	6%

Differences between bank advisor and bank specialist duties and responsibilities

Bank advisor example responsibilities.

Lead major initiatives in 3concurrent roles successfully manage affluent personal and business portfolio to proactively cross-sell additional products and services.
Carry out excellent profiling, cross-selling of all products, and explaining benefits to each client.
Utilize cross-selling techniques to sell the best product for each customer's needs.
Support banking and lending activity through leveraging securities to provide lending solutions for high net worth clients.
Analyze clients' securities portfolios to ensure diversification and margin ability for credit line/loan approval.
Lead major initiatives in 3concurrent roles successfully manage affluent personal and business portfolio to proactively cross-sell additional products and services.

Bank specialist example responsibilities.

Achieve sustained revenue improvement in loans, annuities and deposit accounts every month at bank.
Manage a customer portfolio, which includes servicing business relationships and cross-selling business banking products and services.
Lead major initiatives in 3concurrent roles successfully manage affluent personal and business portfolio to proactively cross-sell additional products and services.
Work with clients to resolve operational cash management issues in relation to select treasury management products.
Serve on the holding company compliance committee responsible for identifying and implementing PC base loan origination systems.
Initiate, review, and prepare all consumer and small business loan requests from origination to closing.

Bank advisor vs bank specialist skills

Common bank advisor skills

Financial Services, 21%
CRM, 14%
Client Relationships, 13%
Cross-Selling, 6%
Financial Solutions, 5%
Bank Products, 4%

Common bank specialist skills

Bank Products, 13%
Strong Customer Service, 10%
Customer Relationships, 9%
Financial Services, 8%
Treasury, 5%
Financial Solutions, 4%