How to hire a bank advisor

How to hire a bank advisor, step by step

Here's a step-by-step bank advisor hiring guide:

• Step 1: Identify your hiring needs
• Step 2: Create an ideal candidate profile
• Step 3: Make a budget
• Step 4: Write a bank advisor job description
• Step 5: Post your job
• Step 6: Interview candidates
• Step 7: Send a job offer and onboard your new bank advisor
• Step 8: Go through the hiring process checklist

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1. Identify your hiring needs

   First, determine the employments status of the bank advisor you need to hire. Certain bank advisor roles might require a full-time employee, whereas others can be done by part-time workers or contractors.

   Determine employee vs contractor status

   Is the person you're thinking of hiring a US citizen or green card holder?

   Yes

   No

   A bank advisor's background is also an important factor in determining whether they'll be a good fit for the position. For example, bank advisors from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.

   This list presents bank advisor salaries for various positions.

   Type of Bank Advisor	Description	Hourly rate
   Bank Advisor	Personal financial advisors give financial advice to people. They help with investments, taxes, and insurance decisions.	$26-68
   Investment Consultant	An investment consultant is a professional who gives investment products, planning, and/or advice to investors. Investment consultants formulate investment strategies to help clients fulfill their necessities and realize their financial objectives... Show more	$28-94
   Wealth Management Internship	In a wealth management internship, an intern's duties depend on the directives of a supervising manager or staff. Typically, their responsibilities revolve around gaining industry insights while performing support tasks for the team, such as preparing and processing documents, answering calls and correspondence, organizing and disseminating files, and running errands as needed... Show more	$21-80

   Show more

2. Create an ideal candidate profile

   Common skills:

   • Financial Services
   • CRM
   • Client Relationships
   • Cross-Selling
   • Financial Solutions
   • Bank Products
   • Financial Statements
   • Investment Management
   • Mobile Banking
   • Customer Relationships
   • Customer Complaints
   • Product Knowledge
   • Cash Management
   • Profiling

   Check all skills

   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.

3. Make a budget

   Including a salary range in your bank advisor job description is a great way to entice the best and brightest candidates. A bank advisor salary can vary based on several factors:

   • Location. For example, bank advisors' average salary in hawaii is 55% less than in new york.
   • Seniority. Entry-level bank advisors earn 61% less than senior-level bank advisors.
   • Certifications. A bank advisor with a few certifications under their belt will likely demand a higher salary.
   • Company. Working for a prestigious company or an exciting start-up can make a huge difference in a bank advisor's salary.

   Average bank advisor salary

   $90,014yearly

   $43.28 hourly rate

   ---

   Entry-level bank advisor salary

   $56,000 yearly salary

   Updated December 15, 2025

4. Writing a bank advisor job description

   A job description for a bank advisor role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's a bank advisor job description:

   Bank advisor job description example

   Role Title: Head of Banking (Managing Director)
   
   Location: Wilmington, DE
   
   What will you be doing
   
   The Head of Banking, will be responsible for the strategic vision, development and execution including all facets of P&L management for existing and future banking services in the US.
   
   The role holder will be responsible for the commercial growth of existing consumer businesses including; consumer loans and deposits, as well as driving the US Consumer Business expansion strategy leveraging the full charter of BBDE.
   
   * Create the Banking strategy for US Consumer Banking - defining the vision for how to use the BBDE Banking Charter to fulfil the goal for diversifying the USCB business and delivering over cost of capital returns
   * Lead the existing Deposits & Personal Loans businesses, ensuring they deliver their financial growth & returns commitments and execute on their transformation agenda
   * Influence organizational alignment around Banking, in conjunction with the Head of BNPL, ensuring that the diversification products have fit for purpose support from the business & functions
   * Champion diversification, while at the same time integrating the non-cards products more deeply into different USCB teams strategic agendas
   * Be the enterprise leader for Loans, Deposits & Banking, creating a strong culture of collaboration, autonomy and innovation and is comfortable influencing without direct authority
   
   What we're looking for
   
   * Significant financial services experience in a combination of traditional banking and Fintech environments
   * Proven ability to lead in a matrix environment and deliver through other functions
   * Experience building consumer banking products & customer strategies, defining transformation initiatives and executing against them
   
   Skills that will help you in your role
   
   * Bachelor's Degree essential, MBA preferred
   * Ability to develop visions and translate into strategies and operating plans
   * Ability to influence and negotiate with C-level professionals
   * Proven influencing and relationship management skills that demonstrate ability to balance and manage diverse stakeholder interests
   * Politically astute and able to understand the dynamics of large, complex organizations
   * Ability to maintain confidentiality when dealing with sensitive issues
   * High degree of decision-making skills to identify, assess, evaluate and solve problems
   * Ability to exercise sound professional judgment and prioritization of work
   * Strong people management and process management skills
   * Solid business and financial acumen
   * Collaborative and able to share best practices at all levels
   * Proven leadership skills and ability to apply them
   * Flexibility to work around schedule driven by business needs and CEO agenda
   * Ability to engage support staff in various high profile activities

   Copy this example

   

5. Post your job

   To find the right bank advisor for your business, consider trying out a few different recruiting strategies:

   • Consider internal talent. One of the most important sources of talent for any company is its existing workforce.
   • Ask for referrals. Reach out to friends, family members, and current employees and ask if they know or have worked with bank advisors they would recommend.
   • Recruit at local colleges. Attend job fairs at local colleges to recruit bank advisors who meet your education requirements.
   • Social media platforms. LinkedIn, Facebook and Twitter now have more than 3.5 billion users, and you can use social media to reach potential job candidates.

   To find bank advisor candidates, you can consider the following options:

   • Post your job opening on Zippia or other job search websites.
   • Use niche websites that focus on engineering and technology jobs, such as efinancialcareers, financialjobsweb.com, careerbank, financial job bank.
   • Post your job on free job posting websites.

6. Interview candidates

   Your first interview with bank advisor candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.

   It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.

   The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

7. Send a job offer and onboard your new bank advisor

   Once you've selected the best bank advisor candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.

   You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.

   After that, you can create an onboarding schedule for a new bank advisor. Human Resources and the hiring manager should complete Employee Action Forms. Human Resources should also ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc., and that new employee files are created.

8. Go through the hiring process checklist

   • Determine employee type (full-time, part-time, contractor, etc.)
   • Submit a job requisition form to the HR department
   • Define job responsibilities and requirements
   • Establish budget and timeline
   • Determine hiring decision makers for the role
   • Write job description
   • Post job on job boards, company website, etc.
   • Promote the job internally
   • Process applications through applicant tracking system
   • Review resumes and cover letters
   • Shortlist candidates for screening
   • Hold phone/virtual interview screening with first round of candidates
   • Conduct in-person interviews with top candidates from first round
   • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
   • Conduct background checks on top candidates
   • Check references of top candidates
   • Consult with HR and hiring decision makers on job offer specifics
   • Extend offer to top candidate(s)
   • Receive formal job offer acceptance and signed employment contract
   • Inform other candidates that the position has been filled
   • Set and communicate onboarding schedule to new hire(s)
   • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)

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