Can I be a banker with an associate's degree?

Yes, you can be a banker with an associate's degree. As long as a person gains the necessary qualifications, they can become a banker. While typically this means getting a bachelor's degree, it is possible to become a banker with just an associate's degree.

How To Become A Banking Associate: What It Is and Career Path

What is a banking associate and how to become one

Updated January 8, 2025

3 min read

There are various kinds of banking associates, and they have different roles and responsibilities. Commercial banking associates sell banking products to new and existing customers. Investment banking associates work closely with investment analysts to identify opportunities and sell investment packages to investors.

A day in the life of a banking associate varies depending on the department and current needs. However, like other banking sector professionals, they often work long hours and shoulder a lot of responsibility. A large part of the job involves meeting and interacting with clients. Before trying to sell a product, banking associates may often probe to understand clients' needs and see how their products can help.

To become a banking associate, you need a degree in business administration, management, or related fields. Applicants with an MBA have higher chances of finding employment as a banking associate. The required skills include relationship building, communication, problem-solving, and proactivity.

ScoreBanking AssociateUS Average

Salary

6.4

Avg. Salary $81,890

Avg. Salary $59,228

Stability level

8.5

Growth rate -12%

Growth rate 0.3%

Diversity

4.8

Race

American Indian and Alaska Native 0.61%

Asian 7.39%

Black or African American 10.08%

Hispanic or Latino 17.80%

Unknown 3.46%

White 60.66%

Gender

female 58.17%

male 41.83%

Age - 36

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 36

Stress level

8.5

Stress level is very high

7.1 - high

Complexity level

4.9

Complexity level is intermediate

7 - challenging

Work life balance

10.0

Work life balance is excellent

6.4 - fair

Key steps to become a banking associate

Explore banking associate education requirements

Most common banking associate degrees

Bachelor's

62.7 %

Associate

13.9 %

High School Diploma

9.1 %

Start to develop specific banking associate skills

Skills	Percentages
Excellent Interpersonal	41.43%
Strong Customer Service	28.70%
Financial Transactions	14.81%
Financial Services	1.09%
PowerPoint	1.06%

Complete relevant banking associate training and internships

Accountants spend an average of Less than 1 month on post-employment, on-the-job training. New banking associates learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a banking associate based on U.S. Bureau of Labor Statistics data and data from real banking associate resumes.

Research banking associate duties and responsibilities

Develop and maintain relationships with business partners to increase cross-sell opportunities and achieve sales goals.
Develop working relationships with clients by providing exceptional customer service while utilizing a focuse cross-sell strategy.
Follow up with customers regarding KYC and other account relate updates.
Analyze each movement in full detail while meeting all SLA's.

Prepare your banking associate resume

When your background is strong enough, you can start writing your banking associate resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a banking associate resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable banking associate resume templates

Build a professional banking associate resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your banking associate resume.

Apply for banking associate jobs

Now it's time to start searching for a banking associate job. Consider the tips below for a successful job search:

Browse job boards for relevant postings
Consult your professional network
Reach out to companies you're interested in working for directly
Watch out for job scams

How do banking associates rate their job?

-/5

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Banking associate reviews

A zippia user wrote a review on Dec 2019

Pros

Serving people to meet their financial needs and planning Fininancial analysis of their funds with best utility Feeling motivated while meeting people from different demographic backgrounds

Cons

Don't like people with bad credit history

A zippia user wrote a review on Jun 2019