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

What is a business banking officer and how to become one

Updated January 8, 2025

3 min read

Quoted expert

Kim Chatani

Business banking officers are responsible for conjunctions of new bank relationships and watching over client portfolios. They will also need to work closely with a retail branch to generate new business through networking, calling, and in-person visits.

They may want to have a bachelor's degree in commerce or economics with a major in banking or finance. They may also consider taking a VET qualification test. Applicants need to develop banking services, financial services, banking services management, accounts administration, accounting, or bookkeeping.

Business banking officers can expect to make an average salary of $63,203 per year or $30.39 per hour. Their salary may drastically improve if they manage to work for a reputable institution. Furthermore, the number of clients they bring to their company will decide the rate of payment.

What general advice would you give to a business banking officer?

Kim Chatani

Assistant Professor, Concordia University Irvine

The career path for graduating students is full of unpredictability, as we have seen during this COVID 19 pandemic. In addition to academic excellence, graduates will face challenges that will test their core principles and beliefs. My advice is to view each challenge you meet with a long-term perspective while addressing the immediate concerns in a balanced way. Your career will span decades, and what you may face during the first several years will only be a fraction of your professional career. View how your immediate decision may impact you in the long-term.

ScoreBusiness Banking OfficerUS Average

Salary

6.0

Avg. Salary $77,195

Avg. Salary $59,228

Stability level

7.3

Growth rate 4%

Growth rate 0.3%

Diversity

5.4

Race

American Indian and Alaska Native 0.48%

Asian 6.39%

Black or African American 9.21%

Hispanic or Latino 15.92%

Unknown 4.64%

White 63.37%

Gender

female 42.17%

male 57.83%

Age - 44

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 - 44

Stress level

7.3

Stress level is high

7.1 - high

Complexity level

8.8

Complexity level is advanced

7 - challenging

Work life balance

5.6

Work life balance is fair

6.4 - fair

Key steps to become a business banking officer

Explore business banking officer education requirements

Most common business banking officer degrees

Bachelor's

72.1 %

Master's

14.3 %

Associate

8.6 %

Start to develop specific business banking officer skills

Skills	Percentages
Business Development	11.38%
Customer Relationships	9.54%
Customer Service	7.54%
Relationship Management	5.62%
Financial Statements	4.36%

Complete relevant business banking officer training and internships

Accountants spend an average of 6-12 months on post-employment, on-the-job training. New business banking officers 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 business banking officer based on U.S. Bureau of Labor Statistics data and data from real business banking officer resumes.

Research business banking officer duties and responsibilities

Manage a combination of commercial and personal banking relationships, and promote cross-selling across multiple product lines.
Manage a portfolio in various stages of workout including liquidation, refinancing, restructure, rehabilitation, bankruptcy and litigation.
Create new lending opportunities, deposit account acquisition, treasury management options and financial counseling.
Develop client relationship through financial transaction such as commercial real-estate financing, working capital, construction financing and SBA lending.

Get business banking officer experience

Generally, it takes 4-6 years to become a business banking officer. The most common roles before becoming a business banking officer include branch manager, manager, assistant vice president team lead and assistant vice president.

Prepare your business banking officer resume

When your background is strong enough, you can start writing your business banking officer 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 business banking officer resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable business banking officer resume templates

Build a professional business banking officer 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 business banking officer resume.