1. University of Pennsylvania
Philadelphia, PA • Private
A bank officer is an individual who is a bank employee and performs a variety of duties including notarizing documents, managing loan applications, processing client requests, and generating progress reports for upper management. These individuals are typically bank branch managers, assistant managers, or loan officers, and oversee daily banking operations.
Bank officers work to ensure bank efficiency and client satisfaction, as well as work to resolve customer issues and complaints. A bank officer also mentors staff and provides training and mentorship when needed.
Most bank officers have a high school diploma or equivalent, however, some may have a bachelor's degree in accounting, business, or finance. These individuals should be knowledgeable of all aspects of banking operations and should be adept at managing staff. A bank office should possess strong customer service, communication, finance, and organizational skills, and should also be comfortable training staff and resolving client complaints. Depending on the bank, a bank officer can make up to $75,000 per year, and the career field is expected to grow 8% in the next 10 years.
There are certain skills that many bank officers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed interpersonal skills, initiative and detail oriented.
If you're interested in becoming a bank officer, one of the first things to consider is how much education you need. We've determined that 69.8% of bank officers have a bachelor's degree. In terms of higher education levels, we found that 12.5% of bank officers have master's degrees. Even though most bank officers have a college degree, it's possible to become one with only a high school degree or GED.
As you move along in your career, you may start taking on more responsibilities or notice that you've taken on a leadership role. Using our career map, a bank officer can determine their career goals through the career progression. For example, they could start out with a role such as branch manager, progress to a title such as assistant vice president and then eventually end up with the title manager, assistant vice president.
What Am I Worth?
The role of a bank officer includes a wide range of responsibilities. These responsibilities can vary based on an individual's specific job, company, or industry.Here are some general bank officer responsibilities:
There are several types of bank officer, including:
Mouse over a state to see the number of active bank officer jobs in each state. The darker areas on the map show where bank officers earn the highest salaries across all 50 states.
|Rank||State||Number of Jobs||Average Salary|
Philadelphia, PA • Private
Evanston, IL • Private
Los Angeles, CA • Private
Vestal, NY • Private
Villanova, PA • Private
San Diego, CA • Private
Waltham, MA • Private
Boston, MA • Private
Stony Brook, NY • Private
New York, NY • Private
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 13.9% of bank officers listed customer service on their resume, but soft skills such as interpersonal skills and initiative are important as well.
Zippia allows you to choose from different easy-to-use Bank Officer templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Bank Officer resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
After extensive research and analysis, Zippia's data science team found that:
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Some places are better than others when it comes to starting a career as a bank officer. The best states for people in this position are Maine, Washington, South Dakota, and New Mexico. Bank officers make the most in Maine with an average salary of $96,953. Whereas in Washington and South Dakota, they would average $93,284 and $92,003, respectively. While bank officers would only make an average of $91,442 in New Mexico, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.
2. South Dakota
|Rank||Company||Average Salary||Hourly Rate||Job Openings|
|5||Fifth Third Bank||$81,424||$39.15||13|