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Telephone banker vs service specialist

The differences between telephone bankers and service specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a telephone banker and a service specialist. Additionally, a service specialist has an average salary of $44,150, which is higher than the $33,399 average annual salary of a telephone banker.

The top three skills for a telephone banker include customer service, inbound calls and customer inquiries. The most important skills for a service specialist are patients, social work, and criminal justice.

Telephone banker vs service specialist overview

Telephone BankerService Specialist
Yearly salary$33,399$44,150
Hourly rate$16.06$21.23
Growth rate-3%-4%
Number of jobs19,013207,020
Job satisfaction--
Most common degreeHigh School Diploma, 34%Bachelor's Degree, 53%
Average age4140
Years of experience1212

Telephone banker vs service specialist salary

Telephone bankers and service specialists have different pay scales, as shown below.

Telephone BankerService Specialist
Average salary$33,399$44,150
Salary rangeBetween $25,000 And $43,000Between $27,000 And $71,000
Highest paying City-Boston, MA
Highest paying state-Massachusetts
Best paying company-Ropes & Gray
Best paying industry-Technology

Differences between telephone banker and service specialist education

There are a few differences between a telephone banker and a service specialist in terms of educational background:

Telephone BankerService Specialist
Most common degreeHigh School Diploma, 34%Bachelor's Degree, 53%
Most common majorBusinessBusiness
Most common college--

Telephone banker vs service specialist demographics

Here are the differences between telephone bankers' and service specialists' demographics:

Telephone BankerService Specialist
Average age4140
Gender ratioMale, 32.2% Female, 67.8%Male, 40.1% Female, 59.9%
Race ratioBlack or African American, 9.6% Unknown, 2.9% Hispanic or Latino, 22.2% Asian, 9.1% White, 55.3% American Indian and Alaska Native, 0.8%Black or African American, 11.2% Unknown, 5.4% Hispanic or Latino, 20.9% Asian, 7.5% White, 54.2% American Indian and Alaska Native, 0.7%
LGBT Percentage11%7%

Differences between telephone banker and service specialist duties and responsibilities

Telephone banker example responsibilities.

  • Manage a mortgage, banking and securities base lending pipeline for one of the top lending branches in the firm.
  • Handle incoming calls there are related to ATM cards such as closing and re-issuing.
  • Assist customer in opening new accounts, reactivating accounts and locating all bank branches and ATM on phone.
  • Identify opportunities for cross-selling of value-ad bank products and services while consistently exceeding quarterly referral and selling goals.
  • Provide notary service upon request.

Service specialist example responsibilities.

  • Achieve personal sales and referral goals by identifying, marketing and cross-selling banking products and services beneficial to customer needs.
  • Educate veterans and the college community on veteran's benefits and academic requirements need to accomplish academic goals.
  • Provide notary service as requested.
  • Respond to medical emergencies, including first aid and CPR.
  • Organize the transition of file transfers of major TRS/NAS clients from FTP to MessageWay.
  • Follow all rules set by FDCPA and state agencies - pass all annual tests.
  • Show more

Telephone banker vs service specialist skills

Common telephone banker skills
  • Customer Service, 21%
  • Inbound Calls, 9%
  • Customer Inquiries, 5%
  • Credit Card, 5%
  • Loan Applications, 4%
  • Financial Transactions, 4%
Common service specialist skills
  • Patients, 12%
  • Social Work, 10%
  • Criminal Justice, 4%
  • Rehabilitation, 4%
  • Excellent Interpersonal, 4%
  • Product Knowledge, 3%

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