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Banker Careers

There is more than meets the eye when it comes to being a banker. For example, did you know that they make an average of $32.58 an hour? That's $67,757 a year!

Between 2018 and 2028, the career is expected to grow 4% and produce 18,500 job opportunities across the U.S.

What Does a Banker Do

There are certain skills that many bankers 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 customer-service skills, detail oriented and initiative.

When it comes to the most important skills required to be a banker, we found that a lot of resumes listed 14.8% of bankers included communication, while 11.3% of resumes included financial services, and 8.7% of resumes included financial needs. 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 banker job title. But what industry to start with? Most bankers actually find jobs in the finance and hospitality industries.

How To Become a Banker

If you're interested in becoming a banker, one of the first things to consider is how much education you need. We've determined that 47.4% of bankers have a bachelor's degree. In terms of higher education levels, we found that 5.7% of bankers have master's degrees. Even though most bankers 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 banker. When we researched the most common majors for a banker, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on banker resumes include high school diploma degrees or master's degree degrees.

You may find that experience in other jobs will help you become a banker. In fact, many banker jobs require experience in a role such as customer service representative. Meanwhile, many bankers also have previous career experience in roles such as cashier or teller.

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Average Salary
$67,757
Average Salary
Job Growth Rate
4%
Job Growth Rate
Job Openings
14,613
Job Openings

Banker Career Paths

Top Careers Before Banker

Cashier
11.8 %
Teller
10.8 %

Top Careers After Banker

Cashier
6.8 %

Banker Jobs You Might Like

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Banker

Bankers in America make an average salary of $67,757 per year or $33 per hour. The top 10 percent makes over $168,000 per year, while the bottom 10 percent under $27,000 per year.
Average Salary
$67,757
Find Your Salary Estimate
How much should you be earning as an Architect? Use Zippia's Salary Calculator to get an estimation of how much you should be earning.

Best Paying Cities

City
ascdesc
Average Salarydesc
New York, NY
Salary Range69k - 166k$108k$107,514
Bethesda, MD
Salary Range52k - 123k$81k$80,792
Chicago, IL
Salary Range48k - 111k$74k$73,768
Charlotte, NC
Salary Range42k - 96k$64k$63,671
Pittsburgh, PA
Salary Range40k - 95k$62k$62,410
New Orleans, LA
Salary Range38k - 91k$59k$59,074
$26k
$166k

Recently Added Salaries

Job TitleCompanyascdescCompanyascdescStart DateascdescSalaryascdesc
Premier Banker Incline Village
Premier Banker Incline Village
Wells Fargo Bank
Wells Fargo Bank
05/25/2021
05/25/2021
$68,70005/25/2021
$68,700
Main Banker, Finger Lakes Gaming
Main Banker, Finger Lakes Gaming
Delaware North
Delaware North
05/25/2021
05/25/2021
$37,56605/25/2021
$37,566
Banker
Banker
Security Service FCU
Security Service FCU
05/25/2021
05/25/2021
$31,30505/25/2021
$31,305
Private Client Banker-Uptown Colorado Springs-Southern Co
Private Client Banker-Uptown Colorado Springs-Southern Co
Jpmorgan Chase
Jpmorgan Chase
05/25/2021
05/25/2021
$33,39205/25/2021
$33,392
Private Client Banker-Uptown Colorado Springs-Southern Co
Private Client Banker-Uptown Colorado Springs-Southern Co
Jpmorgan Chase Bank, N.A.
Jpmorgan Chase Bank, N.A.
05/24/2021
05/24/2021
$33,39205/24/2021
$33,392
See More Recent Salaries

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Banker Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a Banker. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write a Banker Resume

At Zippia, we went through countless Banker resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Detailed Information

Banker Demographics

Gender

female

52.3 %

male

43.2 %

unknown

4.4 %

Ethnicity

White

69.6 %

Hispanic or Latino

11.4 %

Asian

11.4 %

Foreign Languages Spoken

Spanish

55.7 %

French

7.3 %

Arabic

5.9 %
See More Demographics

Banker Education

Majors

Business
33.5 %
Finance
11.2 %

Degrees

Bachelors

47.4 %

Certificate

16.8 %

Associate

14.5 %

Top Colleges for Bankers

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 at Binghamton

Vestal, NY • Public

In-State Tuition
$9,808
Enrollment
13,990

5. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

6. San Diego State University

San Diego, CA • Public

In-State Tuition
$7,488
Enrollment
30,018

7. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

8. Boston University

Boston, MA • Private

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

9. SUNY Stony Brook

Stony Brook, NY • Public

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

10. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339
See More Education Info

Online Courses For Banker That You May Like

Banking Credit Analysis Process (for Bankers)
udemy
4.5
(1,563)

Course for Bankers, Consultants and managers to Understand Credit Analysis Process from Indian Context...

Understand Banks & Financial Markets
udemy
4.4
(666)

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

Investment Banking: The Complete Financial Ratio Analysis
udemy
4.4
(332)

Investment Banking For Investors & Financial Analysts - How to Perform Financial Statement Analysis & Company Valuation...

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Full Time
Part Time
Internship
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Top Skills For a Banker

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, 14.8% of bankers listed communication on their resume, but soft skills such as customer-service skills and detail oriented are important as well.

  • Communication, 14.8%
  • Financial Services, 11.3%
  • Financial Needs, 8.7%
  • New Clients, 7.1%
  • Business Partners, 6.4%
  • Other Skills, 51.7%
  • See All Banker Skills

Best States For a Banker

Some places are better than others when it comes to starting a career as a banker. The best states for people in this position are New York, Maryland, Illinois, and Connecticut. Bankers make the most in New York with an average salary of $101,259. Whereas in Maryland and Illinois, they would average $80,636 and $72,743, respectively. While bankers would only make an average of $69,408 in Connecticut, 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.

1. Illinois

Total Banker Jobs:
664
Highest 10% Earn:
$148,000
Location Quotient:
1.36
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. New York

Total Banker Jobs:
651
Highest 10% Earn:
$194,000
Location Quotient:
1.24
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Delaware

Total Banker Jobs:
66
Highest 10% Earn:
$142,000
Location Quotient:
1.29
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Top Banker Employers

We've made finding a great employer to work for easy by doing the hard work for you. We looked into employers that employ bankers and discovered their number of banker opportunities and average salary. Through our research, we concluded that Wells Fargo was the best, especially with an average salary of $52,709. U.S. Bank follows up with an average salary of $41,663, and then comes JPMorgan Chase with an average of $120,975. In addition, we know most people would rather work from home. So instead of having to change careers, we identified the best employers for remote work as a banker. The employers include Regions Financial, HSBC North America Holdings, and Capital City Bank Group

1. Wells Fargo
4.7
Avg. Salary: 
$52,709
Bankers Hired: 
842+
2. U.S. Bank
4.8
Avg. Salary: 
$41,663
Bankers Hired: 
488+
3. JPMorgan Chase & Co.
4.9
Avg. Salary: 
$120,975
Bankers Hired: 
156+
4. Bank of America
4.8
Avg. Salary: 
$52,259
Bankers Hired: 
128+
5. The PNC Financial Services Group
4.8
Avg. Salary: 
$48,792
Bankers Hired: 
62+
6. Capital One
4.7
Avg. Salary: 
$79,536
Bankers Hired: 
55+

Banker Videos

Updated October 2, 2020