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Personal banking officer vs senior underwriter

The differences between personal banking officers and senior underwriters can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior underwriter has an average salary of $69,375, 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 senior underwriter are customer service, portfolio, and underwriting guidelines.

Personal banking officer vs senior underwriter overview

Personal Banking OfficerSenior Underwriter
Yearly salary$40,925$69,375
Hourly rate$19.68$33.35
Growth rate4%-4%
Number of jobs76,8046,726
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 71%
Average age4544
Years of experience6-

Personal banking officer vs senior underwriter salary

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

Personal Banking OfficerSenior Underwriter
Average salary$40,925$69,375
Salary rangeBetween $24,000 And $67,000Between $44,000 And $108,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Capital Group
Best paying industry-Insurance

Differences between personal banking officer and senior underwriter education

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

Personal Banking OfficerSenior Underwriter
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Personal banking officer vs senior underwriter demographics

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

Personal Banking OfficerSenior Underwriter
Average age4544
Gender ratioMale, 46.5% Female, 53.5%Male, 42.0% Female, 58.0%
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, 9.3% Unknown, 2.5% Hispanic or Latino, 9.4% Asian, 5.6% White, 72.9% American Indian and Alaska Native, 0.4%
LGBT Percentage8%9%

Differences between personal banking officer and senior underwriter 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.

Senior underwriter example responsibilities.

  • Manage AUS findings and analyze approvals and results accordingly.
  • Perform underwriter approval/declines on FHA, VA, FmHA and conventional loan applications providing financing for one-to-four family residential properties.
  • Fix and n variable annuities.
  • Check for the accuracy and proper recording of UCC filings and mortgages.
  • Order and review flood searches, title reports, UCC searches, appraisals, insurance policies and binders, and contracts.
  • Review preliminary HUD-1 for accuracy.
  • Show more

Personal banking officer vs senior underwriter 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 senior underwriter skills
  • Customer Service, 11%
  • Portfolio, 8%
  • Underwriting Guidelines, 5%
  • Strong Analytical, 4%
  • SR, 4%
  • Excellent Interpersonal, 4%

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