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Personal banking officer vs bank specialist

The differences between personal banking officers and bank specialists can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a personal banking officer, becoming a bank specialist takes usually requires 2-4 years. Additionally, a bank specialist has an average salary of $42,779, which is higher than the $40,925 average annual salary of a personal banking officer.

The top three skills for a personal banking officer include bank products, loan applications and cross-sell. The most important skills for a bank specialist are bank products, strong customer service, and customer relationships.

Personal banking officer vs bank specialist overview

Personal Banking OfficerBank Specialist
Yearly salary$40,925$42,779
Hourly rate$19.68$20.57
Growth rate4%10%
Number of jobs76,80422,225
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 62%
Average age4543
Years of experience64

Personal banking officer vs bank specialist salary

Personal banking officers and bank specialists have different pay scales, as shown below.

Personal Banking OfficerBank Specialist
Average salary$40,925$42,779
Salary rangeBetween $24,000 And $67,000Between $28,000 And $64,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Goldman Sachs
Best paying industry-Finance

Differences between personal banking officer and bank specialist education

There are a few differences between a personal banking officer and a bank specialist in terms of educational background:

Personal Banking OfficerBank Specialist
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 62%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Personal banking officer vs bank specialist demographics

Here are the differences between personal banking officers' and bank specialists' demographics:

Personal Banking OfficerBank Specialist
Average age4543
Gender ratioMale, 46.5% Female, 53.5%Male, 45.3% Female, 54.7%
Race ratioBlack or African American, 9.1% Unknown, 4.6% Hispanic or Latino, 15.7% Asian, 6.3% White, 63.9% American Indian and Alaska Native, 0.5%Black or African American, 5.7% Unknown, 4.1% Hispanic or Latino, 11.9% Asian, 11.4% White, 66.6% American Indian and Alaska Native, 0.2%
LGBT Percentage8%6%

Differences between personal banking officer and bank specialist duties and responsibilities

Personal banking officer example responsibilities.

  • Work one-on-one with clients to gather requirements and identify cross-selling opportunities and leverage customer leads and referrals to identify new prospects.
  • Refer customers to bankers regarding any new accounts, investments, loans, reordering new checks and ATM cards.
  • Cultivate relations with company business partners to identify and maximize cross-sell opportunities.
  • Develop customer base through cross-selling products and servicing existing clients, develop new business through interaction with internal and external resources.
  • Advise clients on financial products and services using knowledge of tax and investment strategies, securities, insurance and pension plans.
  • Perform market analysis and research to identify target markets and partners.

Bank specialist example responsibilities.

  • Achieve sustained revenue improvement in loans, annuities and deposit accounts every month at bank.
  • Manage a customer portfolio, which includes servicing business relationships and cross-selling business banking products and services.
  • Lead major initiatives in 3concurrent roles successfully manage affluent personal and business portfolio to proactively cross-sell additional products and services.
  • Work with clients to resolve operational cash management issues in relation to select treasury management products.
  • Serve on the holding company compliance committee responsible for identifying and implementing PC base loan origination systems.
  • Initiate, review, and prepare all consumer and small business loan requests from origination to closing.
  • Show more

Personal banking officer vs bank specialist skills

Common personal banking officer skills
  • Bank Products, 19%
  • Loan Applications, 16%
  • Cross-Sell, 9%
  • Financial Products, 4%
  • Financial Services, 4%
  • Customer Relationships, 4%
Common bank specialist skills
  • Bank Products, 13%
  • Strong Customer Service, 10%
  • Customer Relationships, 9%
  • Financial Services, 8%
  • Treasury, 5%
  • Financial Solutions, 4%

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