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 is more than meets the eye when it comes to being a bank officer. For example, did you know that they make an average of $35.85 an hour? That's $74,560 a year!
Between 2018 and 2028, the career is expected to grow 8% and produce 24,300 job opportunities across the U.S.
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.
When it comes to the most important skills required to be a bank officer, we found that a lot of resumes listed 12.4% of bank officers included customer service, while 10.3% of resumes included procedures, and 8.0% of resumes included bank products. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the bank officer job title. But what industry to start with? Most bank officers actually find jobs in the finance and retail industries.
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.
Choosing the right major is always an important step when researching how to become a bank officer. When we researched the most common majors for a bank officer, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on bank officer resumes include associate degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become a bank officer. In fact, many bank officer jobs require experience in a role such as teller. Meanwhile, many bank officers also have previous career experience in roles such as customer service representative or branch manager.