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The differences between business bankers 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 $69,423 average annual salary of a business banker.
The top three skills for a business banker include customer service, financial products and financial services. The most important skills for a specialist-small business are customer service, customer relationships, and business development.
| Business Banker | Specialist-Small Business | |
| Yearly salary | $69,423 | $72,318 |
| Hourly rate | $33.38 | $34.77 |
| Growth rate | 10% | 10% |
| Number of jobs | 70,054 | 74,941 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 63% |
| Average age | 43 | 44 |
| Years of experience | 4 | - |
A business banker is an individual who collaborates with other bank coworkers to help business customers meet their specific banking needs. Business bankers must sell a variety of banking products and services such as business deposit accounts, treasury management, and business credit cards. They are required to maintain consistent communication with their clients through outbound calls and personal onsite visits. Business bankers must also devise and modify loan schemes depending on the market requirements as well as study the schemes offered by competitors.
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.
Business bankers and specialist-small businesses have different pay scales, as shown below.
| Business Banker | Specialist-Small Business | |
| Average salary | $69,423 | $72,318 |
| Salary range | Between $39,000 And $121,000 | Between $41,000 And $124,000 |
| Highest paying City | - | - |
| Highest paying state | - | - |
| Best paying company | - | - |
| Best paying industry | - | - |
There are a few differences between a business banker and a specialist-small business in terms of educational background:
| Business Banker | Specialist-Small Business | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Western Carolina University |
Here are the differences between business bankers' and specialist-small businesses' demographics:
| Business Banker | Specialist-Small Business | |
| Average age | 43 | 44 |
| Gender ratio | Male, 63.3% Female, 36.7% | Male, 57.7% Female, 42.3% |
| Race ratio | Black or African American, 5.4% Unknown, 4.1% Hispanic or Latino, 11.1% Asian, 12.1% White, 67.1% 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% |