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Personal banking officer vs banking associate

The differences between personal banking officers and banking associates can be seen in a few details. Each job has different responsibilities and duties. Additionally, a banking associate has an average salary of $81,890, 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 banking associate are excellent interpersonal, strong customer service, and financial transactions.

Personal banking officer vs banking associate overview

Personal Banking OfficerBanking Associate
Yearly salary$40,925$81,890
Hourly rate$19.68$39.37
Growth rate4%-12%
Number of jobs76,80418,919
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 63%
Average age4539
Years of experience6-

Personal banking officer vs banking associate salary

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

Personal Banking OfficerBanking Associate
Average salary$40,925$81,890
Salary rangeBetween $24,000 And $67,000Between $47,000 And $141,000
Highest paying City-White Plains, NY
Highest paying state-New York
Best paying company-Citi
Best paying industry-Finance

Differences between personal banking officer and banking associate education

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

Personal Banking OfficerBanking Associate
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 63%
Most common majorBusinessBusiness
Most common collegeUniversity of Pennsylvania-

Personal banking officer vs banking associate demographics

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

Personal Banking OfficerBanking Associate
Average age4539
Gender ratioMale, 46.5% Female, 53.5%Male, 41.8% Female, 58.2%
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, 10.1% Unknown, 3.5% Hispanic or Latino, 17.8% Asian, 7.4% White, 60.7% American Indian and Alaska Native, 0.6%
LGBT Percentage8%7%

Differences between personal banking officer and banking associate 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.

Banking associate example responsibilities.

  • Develop and maintain relationships with business partners to increase cross-sell opportunities and achieve sales goals.
  • Develop working relationships with clients by providing exceptional customer service while utilizing a focuse cross-sell strategy.
  • Follow up with customers regarding KYC and other account relate updates.
  • Analyze each movement in full detail while meeting all SLA's.
  • Prepare UCC's for filing at the county and state level.
  • Monitor multiple cases while keeping track of SLA's and B2B communications.
  • Show more

Personal banking officer vs banking associate 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 banking associate skills
  • Excellent Interpersonal, 41%
  • Strong Customer Service, 29%
  • Financial Transactions, 15%
  • Financial Services, 1%
  • PowerPoint, 1%
  • Financial Solutions, 1%

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