Universal bankers actively interact with customers daily. They open bank accounts, process transactions, and verify account holders' identities. They may also review documents and help resolve complaints. As a universal banker, you have career flexibility. You may offer private banking services or work as a loan clerk.
Universal bankers mostly work with commercial banks and, sometimes, investment organizations. Your specialization determines your specific duties. For example, a loan clerk may process application documents, assess borrowers' financial health, and offer advice. Private bankers, on the other hand, manage accounts, process transactions, and prepare financial reports.
To become a universal banker, you'll need skills like customer relations, management, and organization. You'll also need a degree in business or finance-related fields, as well as relevant job experience. Universal bankers working in investment firms require additional education and certifications.
Universal Banker Overview
Working as a Universal Banker
There is more than meets the eye when it comes to being a universal banker. For example, did you know that they make an average of $15.21 an hour? That's $31,641 a year!
Between 2018 and 2028, the career is expected to grow 5% and produce 72,100 job opportunities across the U.S.
What Does a Universal Banker Do
There are certain skills that many universal bankers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed communication skills, organizational skills and math skills.
When it comes to the most important skills required to be a universal banker, we found that a lot of resumes listed 11.2% of universal bankers included communication, while 9.7% of resumes included customer relationships, and 7.7% of resumes included customer service. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the universal banker job title. But what industry to start with? Most universal bankers actually find jobs in the finance and retail industries.
How To Become a Universal Banker
If you're interested in becoming a universal banker, one of the first things to consider is how much education you need. We've determined that 43.8% of universal bankers have a bachelor's degree. In terms of higher education levels, we found that 7.4% of universal bankers have master's degrees. Even though most universal bankers have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a universal banker. When we researched the most common majors for a universal banker, we found that they most commonly earn bachelor's degree degrees or high school diploma degrees. Other degrees that we often see on universal banker resumes include associate degree degrees or master's degree degrees.
You may find that experience in other jobs will help you become a universal banker. In fact, many universal banker jobs require experience in a role such as teller. Meanwhile, many universal bankers also have previous career experience in roles such as customer service representative or sales associate.
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Universal Banker Career Paths
As you move along in your career, you may start taking on more responsibilities or notice that you've taken on a leadership role. Using our career map, a universal banker can determine their career goals through the career progression. For example, they could start out with a role such as senior teller, progress to a title such as teller supervisor and then eventually end up with the title manager, assistant vice president.
What is the right job for my career path?
Tell us your goals and we'll match you with the rights job to get there.
Average Salary for a Universal Banker
Best Paying Cities
Recently Added Salaries
Job TitleCompany  | Company | Start Date | Salary |
|---|---|---|---|
Evans Bancorp, Inc. Floating Universal Banker (Teller) Floating Universal Banker (Teller) | Evans Bancorp, Inc. Evans Bancorp, Inc. | 01/29/2021 01/29/2021 | $34,22701/29/2021 $34,227 |
Midland States Bancorp, Inc. Universal Banker Universal Banker | Midland States Bancorp, Inc. Midland States Bancorp, Inc. | 01/27/2021 01/27/2021 | $30,05301/27/2021 $30,053 |
First National Bank Universal Banker-CSU Branch Fort Universal Banker-CSU Branch Fort | First National Bank First National Bank | 01/25/2021 01/25/2021 | $35,47901/25/2021 $35,479 |
Evans Bank Universal Banker Universal Banker | Evans Bank Evans Bank | 01/25/2021 01/25/2021 | $30,05301/25/2021 $30,053 |
First National Bank Bilingual Universal Banker-Sugar Bilingual Universal Banker-Sugar | First National Bank First National Bank | 01/25/2021 01/25/2021 | $32,34901/25/2021 $32,349 |
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Universal Banker Resumes
Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a Universal Banker. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.
Learn How To Write a Universal Banker Resume
At Zippia, we went through countless Universal Banker resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.
View Detailed InformationTop Skills For a Universal Banker
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 11.2% of universal bankers listed communication on their resume, but soft skills such as communication skills and organizational skills are important as well.
- Communication, 11.2%
- Customer Relationships, 9.7%
- Customer Service, 7.7%
- Financial Services, 6.4%
- Account Opening, 4.9%
- Other Skills, 60.1% See All Universal Banker Skills
Best States For a Universal Banker
Some places are better than others when it comes to starting a career as a universal banker. The best states for people in this position are Delaware, Connecticut, Rhode Island, and Maryland. Universal bankers make the most in Delaware with an average salary of $40,100. Whereas in Connecticut and Rhode Island, they would average $40,029 and $39,107, respectively. While universal bankers would only make an average of $38,480 in Maryland, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.
1. Connecticut
$40,030
Avg. Salary
2. Rhode Island
$39,108
Avg. Salary
3. Delaware
$40,100
Avg. Salary
How Do Universal Banker Rate Their Jobs?
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What do you like the most about working as Universal Banker?
I enjoy engaging with clients, finding solutions to their financial needs, as well as account opening/personal lending. Show MoreTop Universal Banker Employers
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