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Corporate banking officer vs mortgage consultant

The differences between corporate banking officers and mortgage consultants 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 mortgage consultant. Additionally, a corporate banking officer has an average salary of $91,218, which is higher than the $38,934 average annual salary of a mortgage consultant.

The top three skills for a corporate banking officer include cash management, corporate banking and risk management. The most important skills for a mortgage consultant are customer service, origination, and NMLS.

Corporate banking officer vs mortgage consultant overview

Corporate Banking OfficerMortgage Consultant
Yearly salary$91,218$38,934
Hourly rate$43.85$18.72
Growth rate4%4%
Number of jobs71,78424,057
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 67%
Average age4545
Years of experience66

Corporate banking officer vs mortgage consultant salary

Corporate banking officers and mortgage consultants have different pay scales, as shown below.

Corporate Banking OfficerMortgage Consultant
Average salary$91,218$38,934
Salary rangeBetween $58,000 And $141,000Between $23,000 And $63,000
Highest paying CitySan Francisco, CANew York, NY
Highest paying stateWashingtonNew York
Best paying companyWestpacCentennial Bank
Best paying industryFinanceFinance

Differences between corporate banking officer and mortgage consultant education

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

Corporate Banking OfficerMortgage Consultant
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 67%
Most common majorFinanceBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Corporate banking officer vs mortgage consultant demographics

Here are the differences between corporate banking officers' and mortgage consultants' demographics:

Corporate Banking OfficerMortgage Consultant
Average age4545
Gender ratioMale, 63.1% Female, 36.9%Male, 58.2% Female, 41.8%
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, 9.3% Unknown, 4.6% Hispanic or Latino, 16.2% Asian, 6.4% White, 62.9% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between corporate banking officer and mortgage consultant 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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Mortgage consultant example responsibilities.

  • Coach new Jr. HMC's, lead team Jr. meetings and activities.
  • Manage a multifacete commercial real estate investment firm.
  • Well verse in FHA, VA, USDA loan programs and government regulations.
  • Originate secondary market mortgage loans, including FHA, VA, USDA, and conventional products.
  • Originate loans using conforming and non-conforming standards set forth by bank policy as well as FNMA, FHA, and VA.
  • Upgrade software and immediate access to FNMA automate underwriting allow a quicker response for customer approval.
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Corporate banking officer vs mortgage consultant skills

Common corporate banking officer skills
  • Cash Management, 25%
  • Corporate Banking, 23%
  • Risk Management, 8%
  • Client Relationships, 7%
  • Treasury, 7%
  • Loan Portfolio, 5%
Common mortgage consultant skills
  • Customer Service, 22%
  • Origination, 10%
  • NMLS, 8%
  • Financial Services, 7%
  • Loan Products, 5%
  • Bank Products, 4%

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