Find The Best Business Banker Jobs For You

Where do you want to work?

0 selections

Business Banker Careers

Business bankers help entrepreneurs secure the financing they need to start, maintain, or save their businesses. They are usually the first point of contact for anyone seeking to secure a business loan and are usually in charge of deciding if a client's business plan is feasible or not. Thus, they are oftentimes the ones denying or approving business loan applications.

Other job responsibilities of a business banker usually include analyzing loan applications, reviewing clients' financial histories, addressing client concerns, and recommending alternatives when needed. That said, they must have extensive knowledge about business financing, banking protocols, and key financial and insurance matters.

If you want to become a business banker, you need to have a degree in finance, accounting, or other related fields to qualify for most financial institutions. Furthermore, you will need to have good communication, customer service, and, most importantly, decision-making. The job of a business banker can be a lucrative one.

On average, the income for this job is around $31 an hour or roughly $64,000 a year, not including the commissions that can come with successful deals.

There is more than meets the eye when it comes to being a business banker. For example, did you know that they make an average of $30.89 an hour? That's $64,243 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 Business Banker Do

There are certain skills that many business 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, initiative and analytical skills.

When it comes to the most important skills required to be a business banker, we found that a lot of resumes listed 9.6% of business bankers included customer service, while 9.4% of resumes included financial services, and 6.9% of resumes included sales goals. 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 business banker job title. But what industry to start with? Most business bankers actually find jobs in the finance and professional industries.

How To Become a Business Banker

If you're interested in becoming a business banker, one of the first things to consider is how much education you need. We've determined that 59.4% of business bankers have a bachelor's degree. In terms of higher education levels, we found that 8.0% of business bankers have master's degrees. Even though most business 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 business banker. When we researched the most common majors for a business banker, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on business banker resumes include master's degree degrees or high school diploma degrees.

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

What is the right job for my career path?

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

Average Salary
$64,243
Average Salary
Job Growth Rate
4%
Job Growth Rate
Job Openings
33,833
Job Openings

Business Banker Career Paths

Top Careers Before Business Banker

Top Careers After Business Banker

Business 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 Business Banker

Business Bankers in America make an average salary of $64,243 per year or $31 per hour. The top 10 percent makes over $144,000 per year, while the bottom 10 percent under $28,000 per year.
Average Salary
$64,243
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.

Recently Added Salaries

Job TitleCompanyascdescCompanyascdescStart DateascdescSalaryascdesc
Alliance Business Banker Sales Manager
Alliance Business Banker Sales Manager
Us Bank
Us Bank
06/27/2021
06/27/2021
$105,40006/27/2021
$105,400
Alliance Business Banker Sales Manager
Alliance Business Banker Sales Manager
Us Bank
Us Bank
06/27/2021
06/27/2021
$105,40006/27/2021
$105,400
Alliance Business Banker Sales Manager
Alliance Business Banker Sales Manager
Us Bank
Us Bank
06/27/2021
06/27/2021
$105,40006/27/2021
$105,400
Alliance Business Banker Sales Manager
Alliance Business Banker Sales Manager
Us Bank
Us Bank
06/27/2021
06/27/2021
$105,40006/27/2021
$105,400
Alliance Business Banker Sales Manager
Alliance Business Banker Sales Manager
Us Bank
Us Bank
06/27/2021
06/27/2021
$105,40006/27/2021
$105,400

Calculate your salary

Use Zippia's Salary Calculator to see how your pay matches up.

Business 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 Business 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 Business Banker Resume

At Zippia, we went through countless Business 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

Business Banker Demographics

Gender

male

58.3 %

female

37.8 %

unknown

3.9 %

Ethnicity

White

69.6 %

Hispanic or Latino

11.4 %

Asian

11.4 %

Foreign Languages Spoken

Spanish

56.6 %

French

7.5 %

Chinese

6.4 %
See More Demographics

Business Banker Education

Majors

Business
41.2 %
Finance
13.4 %

Degrees

Bachelors

59.4 %

Associate

12.6 %

Certificate

11.2 %

Top Colleges for Business 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 • Private

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 • Private

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 • Private

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 Business Banker That You May Like

Banking Credit Analysis Process (for Bankers)
udemy
4.5
(1,594)

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

How to Read Financial Statements: Build Financial Literacy.
udemy
4.4
(364)

Read financial statements and speak the language of business without the drudgery of a traditional accounting course...

Financial Accounting Payroll
udemy
4.3
(730)

Payroll calculations - federal income tax, social security, Medicare - Payroll journal entries posted to ledger accounts...

See more
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Business 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, 9.6% of business bankers listed customer service on their resume, but soft skills such as customer-service skills and initiative are important as well.

  • Customer Service, 9.6%
  • Financial Services, 9.4%
  • Sales Goals, 6.9%
  • Financial Statements, 6.7%
  • Financial Products, 6.6%
  • Other Skills, 60.8%
  • See All Business Banker Skills

How Do Business Banker Rate Their Jobs?

Working as a Business Banker? Share your experience anonymously.
Rate
Do you work as a Business Banker?
Rate how you like work as Business Banker. It's anonymous and will only take a minute.
Rate

Top Business Banker Employers

1. Wells Fargo
4.7
Avg. Salary: 
$105,594
Business Bankers Hired: 
697+
2. JPMorgan Chase & Co.
4.9
Avg. Salary: 
$116,852
Business Bankers Hired: 
321+
3. Bank of America
4.8
Avg. Salary: 
$106,506
Business Bankers Hired: 
304+
4. Citigroup
4.8
Avg. Salary: 
$106,969
Business Bankers Hired: 
207+
5. The PNC Financial Services Group
4.8
Avg. Salary: 
$99,924
Business Bankers Hired: 
125+
6. U.S. Bank
4.8
Avg. Salary: 
$94,905
Business Bankers Hired: 
98+

Business Banker Videos

Updated October 2, 2020