Bank clerk vs bank specialist

The differences between bank clerks and bank specialists can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a bank clerk, becoming a bank specialist takes usually requires 2-4 years. Additionally, a bank specialist has an average salary of $42,779, which is higher than the $31,947 average annual salary of a bank clerk.

The top three skills for a bank clerk include data entry, cash handling and loan payments. The most important skills for a bank specialist are bank products, strong customer service, and customer relationships.

Bank clerk vs bank specialist overview

	Bank Clerk	Bank Specialist
Yearly salary	$31,947	$42,779
Hourly rate	$15.36	$20.57
Growth rate	-5%	10%
Number of jobs	71,774	22,225
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 45%	Bachelor's Degree, 62%
Average age	51	43
Years of experience	6	4

Bank clerk vs bank specialist salary

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

	Bank Clerk	Bank Specialist
Average salary	$31,947	$42,779
Salary range	Between $26,000 And $38,000	Between $28,000 And $64,000
Highest paying City	Shoreline, WA	New York, NY
Highest paying state	Washington	New York
Best paying company	Savings Bank of Mendocino County	Goldman Sachs
Best paying industry	Finance	Finance

Differences between bank clerk and bank specialist education

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

	Bank Clerk	Bank Specialist
Most common degree	Bachelor's Degree, 45%	Bachelor's Degree, 62%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Bank clerk vs bank specialist demographics

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

	Bank Clerk	Bank Specialist
Average age	51	43
Gender ratio	Male, 27.3% Female, 72.7%	Male, 45.3% Female, 54.7%
Race ratio	Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%	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	7%	6%

Differences between bank clerk and bank specialist duties and responsibilities

Bank clerk example responsibilities.

Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
Work on A/R and billing for a manufacturing company specializing in premium orthopedic, reconstructive and postoperative products.
Respond to inquiries from internal organization and external customers regarding package processing, delivery information and services offer by USPS stores.

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 clerk vs bank specialist skills

Common bank clerk skills

Data Entry, 12%
Cash Handling, 10%
Loan Payments, 8%
Financial Transactions, 8%
Customer Service Actions, 7%
ACH, 7%

Common bank specialist skills

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