Personal banking officer vs banker

The differences between personal banking officers and bankers 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 banker takes usually requires 2-4 years. Additionally, a banker has an average salary of $44,463, 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 banker are taking care, financial services, and securities.

Personal banking officer vs banker overview

	Personal Banking Officer	Banker
Yearly salary	$40,925	$44,463
Hourly rate	$19.68	$21.38
Growth rate	4%	10%
Number of jobs	76,804	29,725
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 56%
Average age	45	43
Years of experience	6	4

Personal banking officer vs banker salary

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

	Personal Banking Officer	Banker
Average salary	$40,925	$44,463
Salary range	Between $24,000 And $67,000	Between $20,000 And $97,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	Citi
Best paying industry	-	Finance

Differences between personal banking officer and banker education

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

	Personal Banking Officer	Banker
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 56%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Personal banking officer vs banker demographics

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

	Personal Banking Officer	Banker
Average age	45	43
Gender ratio	Male, 46.5% Female, 53.5%	Male, 46.3% Female, 53.7%
Race ratio	Black 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, 5.5% Unknown, 4.1% Hispanic or Latino, 11.4% Asian, 12.3% White, 66.5% American Indian and Alaska Native, 0.2%
LGBT Percentage	8%	6%

Differences between personal banking officer and banker 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.

Banker example responsibilities.

Manage a mortgage, banking and securities base lending pipeline for one of the top lending branches in the firm.
Manage a variety of internal initiatives including merchandising, cross-selling, customer retention programs and promotional campaigns.
Earn numerous reward certificates for level of sales and customer service through QA.
Qualify potential members for membership by opening checking accounts, savings accounts, IRAs, CDs, and processing loan applications.
Follow appropriate VL guidelines to ensure compliance with QA and banking regulations.
Pass series 6 , 63 and insurance exams as registered member of FINRA.

Personal banking officer vs banker 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 banker skills

Taking Care, 15%
Financial Services, 10%
Securities, 6%
Bank Products, 5%
NMLS, 5%
Upselling, 4%