Average Salary
$36,852
Average Salary
Job Growth Rate
-4%
Job Growth Rate
Job Openings
3,634
Job Openings

Bank Reconciliator Careers

There is more than meets the eye when it comes to being a bank reconciliator. For example, did you know that they make an average of $17.72 an hour? That's $36,852 a year!

Between 2018 and 2028, the career is expected to grow -4% and produce -65,800 job opportunities across the U.S.

What Does a Bank Reconciliator Do

There are certain skills that many bank reconciliators 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 computer skills, detail oriented and integrity.

When it comes to the most important skills required to be a bank reconciliator, we found that a lot of resumes listed 30.7% of bank reconciliators included financial statements, while 20.6% of resumes included data entry, and 15.4% of resumes included general ledger accounts. 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 reconciliator job title. But what industry to start with? Most bank reconciliators actually find jobs in the retail and manufacturing industries.

How To Become a Bank Reconciliator

If you're interested in becoming a bank reconciliator, one of the first things to consider is how much education you need. We've determined that 53.0% of bank reconciliators have a bachelor's degree. In terms of higher education levels, we found that 3.0% of bank reconciliators have master's degrees. Even though most bank reconciliators 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 reconciliator. When we researched the most common majors for a bank reconciliator, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on bank reconciliator resumes include diploma degrees or high school diploma degrees.

You may find that experience in other jobs will help you become a bank reconciliator. In fact, many bank reconciliator jobs require experience in a role such as accountant. Meanwhile, many bank reconciliators also have previous career experience in roles such as customer service representative or accounting clerk.

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Average Salary
$36,852
Average Salary
Job Growth Rate
-4%
Job Growth Rate
Job Openings
3,634
Job Openings

Average Salary for a Bank Reconciliator

Bank Reconciliators in America make an average salary of $36,852 per year or $18 per hour. The top 10 percent makes over $46,000 per year, while the bottom 10 percent under $29,000 per year.
Average Salary
$36,852
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Recently Added Salaries

CompanyascdescCompanyascdescStart DateascdescSalaryascdesc
Bank Reconciliation
Randstad Us
07/21/2021
$41,74007/21/2021

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Bank Reconciliator Demographics

Gender

female

68.8 %

male

25.0 %

unknown

6.3 %

Ethnicity

White

70.3 %

Hispanic or Latino

13.9 %

Black or African American

7.3 %

Foreign Languages Spoken

Spanish

100.0 %
Show More Bank Reconciliator Demographics

Bank Reconciliator Education

Majors

Business
26.5 %
Finance
7.4 %

Degrees

Bachelors

53.0 %

Associate

24.2 %

Diploma

9.1 %

Top Colleges for Bank Reconciliators

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. SUNY Stony Brook

Stony Brook, NY • Private

In-State Tuition
$9,625
Enrollment
17,407

5. Boston University

Boston, MA • Private

In-State Tuition
$53,948
Enrollment
17,238

6. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

7. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-State Tuition
$14,760
Enrollment
31,451

8. Howard University

Washington, DC • Private

In-State Tuition
$26,756
Enrollment
6,166

9. Georgetown University

Washington, DC • Private

In-State Tuition
$54,104
Enrollment
7,089

10. Western Carolina University

Cullowhee, NC • Private

In-State Tuition
$3,926
Enrollment
9,835
Show More Bank Reconciliator Education Requirements

Online Courses For Bank Reconciliator That You May Like

Audit - Financial Statement
udemy
4.4
(1,016)

Learn the audit process from planning to audit report form a Certified Public Accountant (CPA)...

Understand Banks & Financial Markets
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(936)

Learn about money, (central) banks and financial markets: participants, products, trading motives, pricing and structure...

SAP FICO-Electronic Bank Statement(EBS)+Lockbox
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SAP FI CO, SAP Finance, SAP Controlling, SAP Financial Accounting, SAP Electronic Bank Statement MT940, BAI2, LOCKBOX...

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Top Skills For a Bank Reconciliator

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, 30.7% of bank reconciliators listed financial statements on their resume, but soft skills such as computer skills and detail oriented are important as well.

  • Financial Statements, 30.7%
  • Data Entry, 20.6%
  • General Ledger Accounts, 15.4%
  • Procedures, 11.3%
  • Approval Processes, 8.7%
  • Other Skills, 13.3%
  • See All Bank Reconciliator Skills

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Top Bank Reconciliator Employers

1. Robert Half International
4.5
Avg. Salary: 
$34,591
Bank Reconciliators Hired: 
3+
2. Citigroup
4.8
Avg. Salary: 
$41,382
Bank Reconciliators Hired: 
2+
3. Lucent Technologies
4.5
Avg. Salary: 
$47,260
Bank Reconciliators Hired: 
2+
4. Santa Paula Chevrolet
4.2
Avg. Salary: 
$34,119
Bank Reconciliators Hired: 
2+
5. Omega World Travel
4.0
Avg. Salary: 
$36,224
Bank Reconciliators Hired: 
1+
6. Boise Cascade
4.6
Avg. Salary: 
$38,228
Bank Reconciliators Hired: 
1+
Updated August 18, 2021