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Corporate banking officer vs commercial banker

The differences between corporate banking officers and commercial bankers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a corporate banking officer and a commercial banker. Additionally, a corporate banking officer has an average salary of $91,218, which is higher than the $78,697 average annual salary of a commercial banker.

The top three skills for a corporate banking officer include cash management, corporate banking and risk management. The most important skills for a commercial banker are customer service, business development, and treasury.

Corporate banking officer vs commercial banker overview

Corporate Banking OfficerCommercial Banker
Yearly salary$91,218$78,697
Hourly rate$43.85$37.84
Growth rate4%4%
Number of jobs71,78445,270
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 77%
Average age4545
Years of experience66

Corporate banking officer vs commercial banker salary

Corporate banking officers and commercial bankers have different pay scales, as shown below.

Corporate Banking OfficerCommercial Banker
Average salary$91,218$78,697
Salary rangeBetween $58,000 And $141,000Between $51,000 And $121,000
Highest paying CitySan Francisco, CASeattle, WA
Highest paying stateWashingtonNew Mexico
Best paying companyWestpacNorthern Trust
Best paying industryFinanceFinance

Differences between corporate banking officer and commercial banker education

There are a few differences between a corporate banking officer and a commercial banker in terms of educational background:

Corporate Banking OfficerCommercial Banker
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 77%
Most common majorFinanceBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Corporate banking officer vs commercial banker demographics

Here are the differences between corporate banking officers' and commercial bankers' demographics:

Corporate Banking OfficerCommercial Banker
Average age4545
Gender ratioMale, 63.1% Female, 36.9%Male, 63.5% Female, 36.5%
Race ratioBlack or African American, 9.1% Unknown, 4.6% Hispanic or Latino, 15.7% Asian, 6.3% White, 63.7% American Indian and Alaska Native, 0.5%Black or African American, 9.7% Unknown, 4.7% Hispanic or Latino, 14.7% Asian, 6.6% White, 63.8% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between corporate banking officer and commercial banker duties and responsibilities

Corporate banking officer example responsibilities.

  • Manage a combination of commercial and personal banking relationships, and promote cross-selling across multiple product lines.
  • Complete random audits on vaults, ATM's, cash boxes, and cash machines.
  • Monitor and track securities transactions, fund transfers, margin accounts.
  • Assist in cross selling new treasury services to existing clients in order to increase revenue.
  • Service and fund all daily treasury and corporate credit functions, checking for loan compliance and legal documentation.
  • Supervise end-of-dayprocessing for: teller, vault and ATM cash balancing, wire transfers, overdrafts and checkprocessing.
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Commercial banker example responsibilities.

  • Establish leads by building upon existing clientele and developing relationships with major centers of influence including CPA's and attorneys.
  • Manage and develop commercial lenders and administrative assistants.
  • Manage commercial customer portfolios by using profile analysis to identify cross-sell opportunities to sell other products and services.
  • Manage origination initiatives associate with business accounts, treasury products, and loans while adhering to bank compliance procedures.
  • Develop strategies for optimal cash flow optimization through complex treasury and cash management solutions couple with appropriate credit instruments.
  • Train processors, establish compliance policy, establish and maintain business relationships with lenders and builders.
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Corporate banking officer vs commercial banker skills

Common corporate banking officer skills
  • Cash Management, 25%
  • Corporate Banking, 23%
  • Risk Management, 8%
  • Client Relationships, 7%
  • Treasury, 7%
  • Loan Portfolio, 5%
Common commercial banker skills
  • Customer Service, 9%
  • Business Development, 8%
  • Treasury, 8%
  • Commercial Banking, 7%
  • Client Relationships, 6%
  • Financial Services, 5%

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