Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between bank specialists and specialists can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a bank specialist, becoming a specialist takes usually requires 1-2 years. Additionally, a specialist has an average salary of $58,013, which is higher than the $42,779 average annual salary of a bank specialist.
The top three skills for a bank specialist include bank products, strong customer service and customer relationships. The most important skills for a specialist are patients, customer service, and work ethic.
| Bank Specialist | Specialist | |
| Yearly salary | $42,779 | $58,013 |
| Hourly rate | $20.57 | $27.89 |
| Growth rate | 10% | 10% |
| Number of jobs | 22,225 | 358,433 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 49% |
| Average age | 43 | 42 |
| Years of experience | 4 | 2 |
A bank or banking specialist is an individual responsible for maintaining effective business relationships with the bank's clients while ensuring an optimal customer service level. To support customer retention, bank specialists must identify their customers' banking needs and suggest appropriate bank products and services. They perform teller functions such as processing customer deposits, cashing checks, and issuing official checks. Bank specialists must also ensure that the bank complies with government regulations and standards.
Specialists are employees who are responsible for specific tasks or activities in the department they are assigned to. The actions or tasks they work on are related to their educational background or work experiences. They are usually highly skilled in specializations related to the work they are assigned to. Specialists are also highly trained on the competencies that are required of their specialty. As such, they are focused on the skills and competencies that are needed to enhance their experience in their specific field further.
Bank specialists and specialists have different pay scales, as shown below.
| Bank Specialist | Specialist | |
| Average salary | $42,779 | $58,013 |
| Salary range | Between $28,000 And $64,000 | Between $32,000 And $104,000 |
| Highest paying City | New York, NY | Jersey City, NJ |
| Highest paying state | New York | New Jersey |
| Best paying company | Goldman Sachs | The Citadel |
| Best paying industry | Finance | - |
There are a few differences between a bank specialist and a specialist in terms of educational background:
| Bank Specialist | Specialist | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 49% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between bank specialists' and specialists' demographics:
| Bank Specialist | Specialist | |
| Average age | 43 | 42 |
| Gender ratio | Male, 45.3% Female, 54.7% | Male, 47.5% Female, 52.5% |
| Race ratio | 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% | Black or African American, 11.4% Unknown, 5.4% Hispanic or Latino, 16.4% Asian, 10.5% White, 55.9% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 6% | 11% |