Select banker vs bank specialist

The differences between select bankers and bank specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a select banker and a bank specialist. Additionally, a bank specialist has an average salary of $42,779, which is higher than the $33,999 average annual salary of a select banker.

The top three skills for a select banker include customer relationships, cross-sell and client satisfaction. The most important skills for a bank specialist are bank products, strong customer service, and customer relationships.

Select banker vs bank specialist overview

	Select Banker	Bank Specialist
Yearly salary	$33,999	$42,779
Hourly rate	$16.35	$20.57
Growth rate	10%	10%
Number of jobs	19,264	22,225
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 72%	Bachelor's Degree, 62%
Average age	43	43
Years of experience	4	4

Select banker vs bank specialist salary

Select bankers and bank specialists have different pay scales, as shown below.

	Select Banker	Bank Specialist
Average salary	$33,999	$42,779
Salary range	Between $19,000 And $58,000	Between $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 select banker and bank specialist education

There are a few differences between a select banker and a bank specialist in terms of educational background:

	Select Banker	Bank Specialist
Most common degree	Bachelor's Degree, 72%	Bachelor's Degree, 62%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Select banker vs bank specialist demographics

Here are the differences between select bankers' and bank specialists' demographics:

	Select Banker	Bank Specialist
Average age	43	43
Gender ratio	Male, 62.1% Female, 37.9%	Male, 45.3% Female, 54.7%
Race ratio	Black or African American, 5.9% Unknown, 4.2% Hispanic or Latino, 12.5% Asian, 9.6% White, 67.5% American Indian and Alaska Native, 0.2%	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 Percentage	6%	6%

Differences between select banker and bank specialist duties and responsibilities

Select banker example responsibilities.

Manage a variety of internal initiatives including merchandising, cross-selling, customer retention programs and promotional campaigns.
Develop and maintain relationships with partners to maximize sales opportunities while using profiling analysis tools to identify expand opportunities.
Provide notary service upon request.

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.

Select banker vs bank specialist skills

Common select banker skills

Customer Relationships, 22%
Cross-Sell, 22%
Client Satisfaction, 16%
Client Issues, 16%
Relationship Management, 10%
Client Relationships, 7%

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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Select Banker
Select Banker vs Bank Specialist

Updated January 8, 2025

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