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Business-business-account representative vs business banker

The differences between business-business account representatives and business bankers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business banker has an average salary of $69,423, which is higher than the $51,117 average annual salary of a business-business-account representative.

The top three skills for a business-business-account representative include patient accounts, appeals and inbound calls. The most important skills for a business banker are customer service, financial products, and financial services.

Business-business-account representative vs business banker overview

Business-Business-Account RepresentativeBusiness Banker
Yearly salary$51,117$69,423
Hourly rate$24.58$33.38
Growth rate4%10%
Number of jobs290,02070,054
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 66%
Average age4443
Years of experience-4

What does a business-business-account representative do?

A business-business-account representative is primarily in charge of handling client accounts in an organization, building positive client relationships in the process. In most companies, they aim to close sales and reach sales targets. To make this possible, they often reach out to clients through calls or correspondence, arrange appointments, offer products and services, discuss specifications, arrange payment plans, and negotiate contract terms. They also conduct market research to find new client opportunities, generate leads, and handle complaints and issues, solving them swiftly and efficiently to secure client satisfaction.

What does a business banker do?

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.

Business-business-account representative vs business banker salary

Business-business account representatives and business bankers have different pay scales, as shown below.

Business-Business-Account RepresentativeBusiness Banker
Average salary$51,117$69,423
Salary rangeBetween $33,000 And $77,000Between $39,000 And $121,000
Highest paying CitySanta Clara, CA-
Highest paying stateConnecticut-
Best paying companyHalliburton-
Best paying industryTransportation-

Differences between business-business-account representative and business banker education

There are a few differences between a business-business-account representative and a business banker in terms of educational background:

Business-Business-Account RepresentativeBusiness Banker
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Business-business-account representative vs business banker demographics

Here are the differences between business-business account representatives' and business bankers' demographics:

Business-Business-Account RepresentativeBusiness Banker
Average age4443
Gender ratioMale, 47.0% Female, 53.0%Male, 63.3% Female, 36.7%
Race ratioBlack or African American, 6.8% Unknown, 4.1% Hispanic or Latino, 16.4% Asian, 5.6% White, 66.9% American Indian and Alaska Native, 0.4%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%
LGBT Percentage5%6%

Differences between business-business-account representative and business banker duties and responsibilities

Business-business-account representative example responsibilities.

  • Generate qualify leads through B2B telemarketing services specialize in identifying and nurturing prospects for computer hardware, software and technology services.
  • Generate qualify leads through B2B telemarketing services specialize in identifying and nurturing prospects for computer hardware, software and technology services.
  • Process Medicare, Medicaid, contract, and third party claims.
  • Assist customers and provide advice with financial aid referrals including charity care, Medicare, and Medicaid options.
  • Review applications for annuities and process completed applications.

Business banker example responsibilities.

  • Facilitate the origination process; manage re-looks with corporate small business lending group.
  • Manage a portfolio in various stages of workout including liquidation, refinancing, restructure, rehabilitation, bankruptcy and litigation.
  • Develop relationships with high-value commercial clients by prospecting and cross-selling banking product portfolio.
  • Collaborate regularly with business partners to ensure optimal productivity and identify cross-selling opportunities for stock/mutual funds and life insurances.
  • Develop business relationships and provide financial advisory skills for business owners seeking depository accounts, notary services and lines of credit.
  • Analyze collateral, such as property, securities and business assets to ensure sufficient loan coverage.
  • Show more

Business-business-account representative vs business banker skills

Common business-business-account representative skills
  • Patient Accounts, 10%
  • Appeals, 9%
  • Inbound Calls, 9%
  • Customer Service, 7%
  • CPT, 6%
  • Insurance Carriers, 5%
Common business banker skills
  • Customer Service, 7%
  • Financial Products, 7%
  • Financial Services, 7%
  • Financial Statements, 6%
  • Business Development, 5%
  • Cash Flow Analysis, 5%