Senior personal banker vs closer

The differences between senior personal bankers and closers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a senior personal banker, becoming a closer takes usually requires 4-6 years. Additionally, a senior personal banker has an average salary of $48,641, which is higher than the $29,291 average annual salary of a closer.

The top three skills for a senior personal banker include bank products, loan applications and quality customer service. The most important skills for a closer are customer service, cleanliness, and punctuality.

Senior personal banker vs closer overview

	Senior Personal Banker	Closer
Yearly salary	$48,641	$29,291
Hourly rate	$23.39	$14.08
Growth rate	15%	4%
Number of jobs	28,066	7,560
Job satisfaction	5	-
Most common degree	Bachelor's Degree, 60%	Bachelor's Degree, 35%
Average age	45	45
Years of experience	4	6

Senior personal banker vs closer salary

Senior personal bankers and closers have different pay scales, as shown below.

	Senior Personal Banker	Closer
Average salary	$48,641	$29,291
Salary range	Between $22,000 And $106,000	Between $20,000 And $40,000
Highest paying City	-	Greece, NY
Highest paying state	-	Hawaii
Best paying company	-	GPAC
Best paying industry	-	-

Differences between senior personal banker and closer education

There are a few differences between a senior personal banker and a closer in terms of educational background:

	Senior Personal Banker	Closer
Most common degree	Bachelor's Degree, 60%	Bachelor's Degree, 35%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Senior personal banker vs closer demographics

Here are the differences between senior personal bankers' and closers' demographics:

	Senior Personal Banker	Closer
Average age	45	45
Gender ratio	Male, 46.4% Female, 53.6%	Male, 45.0% Female, 55.0%
Race ratio	Black or African American, 5.6% Unknown, 4.4% Hispanic or Latino, 9.4% Asian, 8.2% White, 72.3% American Indian and Alaska Native, 0.1%	Black or African American, 9.4% Unknown, 4.6% Hispanic or Latino, 16.3% Asian, 6.1% White, 63.1% American Indian and Alaska Native, 0.5%
LGBT Percentage	5%	8%

Differences between senior personal banker and closer duties and responsibilities

Senior personal banker example responsibilities.

Lead the district in sales by initiating and document a proactive customer profiling effort and sale calls.
Process treasury, tax and loan payments.supply tellers with coin and currency as needed.
Perform all teller transactions from deposit and withdrawals, money orders and certify checks and balance ATM.
Perform operational duties such as balancing bank vault, reloading of ATM, and supervision of teller line.
Conduct wire transfers, stop payments, issue bank checks, transfer funds between accounts, and public notary services.
Maximize cross-sell opportunities through customer profiling to identify opportunities.

Closer example responsibilities.

Time management and organization skills to effectively prioritize multiple objectives and achieve volume goals.
Process conventional, FHA, VA and USDA loans, clearing conditions before submission.
Clear property conditions for insurance and title on all FHA, VA and USDA loans.
Submit information to mortgage insurance carriers, FHA, VA, FHLMC, and FNMA for workout alternatives to foreclosure.
Coordinate with foreclosure and eviction and litigation teams to ensure properties are in transferable condition prior to closing.
Prepare high volume of loan closing packages under a variety of loan programs including conventional, FHA and VA.

Senior personal banker vs closer skills

Common senior personal banker skills

Bank Products, 16%
Loan Applications, 9%
Quality Customer Service, 7%
Customer Relationships, 6%
Cross-Sell, 6%
Cross-Selling, 4%

Common closer skills

Customer Service, 42%
Cleanliness, 31%
Punctuality, 8%
Dependability, 4%
Food Orders, 4%
Work Ethic, 1%