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The differences between bank specialists and specialist-small businesses can be seen in a few details. Each job has different responsibilities and duties. Additionally, a specialist-small business has an average salary of $72,318, 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-small business are customer service, customer relationships, and business development.
| Bank Specialist | Specialist-Small Business | |
| Yearly salary | $42,779 | $72,318 |
| Hourly rate | $20.57 | $34.77 |
| Growth rate | 10% | 10% |
| Number of jobs | 22,225 | 74,941 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 63% |
| Average age | 43 | 44 |
| Years of experience | 4 | - |
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.
A small business specialist develops new business programs to meet changing customer demands. They are responsible for ensuring integrity and consistency in the domain of business. They analyze causes of a business issue, obtain business data, and make enquiries. They are responsible for making purchase agreements, confidentiality arrangements, and joint venture arrangement.
Bank specialists and specialist-small businesses have different pay scales, as shown below.
| Bank Specialist | Specialist-Small Business | |
| Average salary | $42,779 | $72,318 |
| Salary range | Between $28,000 And $64,000 | Between $41,000 And $124,000 |
| Highest paying City | New York, NY | - |
| Highest paying state | New York | - |
| Best paying company | Goldman Sachs | - |
| Best paying industry | Finance | - |
There are a few differences between a bank specialist and a specialist-small business in terms of educational background:
| Bank Specialist | Specialist-Small Business | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Western Carolina University |
Here are the differences between bank specialists' and specialist-small businesses' demographics:
| Bank Specialist | Specialist-Small Business | |
| Average age | 43 | 44 |
| Gender ratio | Male, 45.3% Female, 54.7% | Male, 57.7% Female, 42.3% |
| 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, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 6% | 11% |