Post job

Personal banking officer vs personal banker

The differences between personal banking officers and personal 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 personal banker takes usually requires 2-4 years. Additionally, a personal banking officer has an average salary of $40,925, which is higher than the $37,639 average annual salary of a personal banker.

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

Personal banking officer vs personal banker overview

Personal Banking OfficerPersonal Banker
Yearly salary$40,925$37,639
Hourly rate$19.68$18.10
Growth rate4%10%
Number of jobs76,80436,603
Job satisfaction-3
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 59%
Average age4543
Years of experience64

Personal banking officer vs personal banker salary

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

Personal Banking OfficerPersonal Banker
Average salary$40,925$37,639
Salary rangeBetween $24,000 And $67,000Between $29,000 And $48,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Northern Trust
Best paying industry-Finance

Differences between personal banking officer and personal banker education

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

Personal Banking OfficerPersonal Banker
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 59%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Personal banking officer vs personal banker demographics

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

Personal Banking OfficerPersonal Banker
Average age4543
Gender ratioMale, 46.5% Female, 53.5%Male, 44.6% Female, 55.4%
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, 5.4% Unknown, 4.1% Hispanic or Latino, 11.2% Asian, 12.2% White, 66.8% American Indian and Alaska Native, 0.2%
LGBT Percentage8%6%

Differences between personal banking officer and personal 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.

Personal banker example responsibilities.

  • Manage customer s portfolio while identifying cross-sell opportunities to increase acquisition of customer s financial and credit services.
  • Work one-on-one with clients to gather requirements and identify cross-selling opportunities and leverage customer leads and referrals to identify new prospects.
  • Certify as a public notary and international wire transfers.
  • Process consumer loan applications following approve guidelines, NMLS certify.
  • Identify and maximize new account sales and cross-sell opportunities, utilizing customer profiling to develop book of business.
  • Identify cross-sell opportunities, including opportunities to refer customers to other sales representatives through proper customer profiling and needs-base selling.
  • Show more

Personal banking officer vs personal 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 personal banker skills
  • Customer Relationships, 10%
  • Cross-Sell, 6%
  • Customer Satisfaction, 5%
  • NMLS, 5%
  • Bank Products, 5%
  • Financial Services, 5%

Browse business and financial jobs