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.
What is a Universal Banker?
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.
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 53.3% of universal bankers have a bachelor's degree. In terms of higher education levels, we found that 4.4% 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.
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.
Average Salary for a Universal Banker
What Am I Worth?
States With The Most Universal Banker Jobs
Mouse over a state to see the number of active universal banker jobs in each state. The darker areas on the map show where universal bankers earn the highest salaries across all 50 states.
Number Of Universal Banker Jobs By State
| Rank | State | Number of Jobs | Average Salary |
|---|---|---|---|
| 1 | California | 1,113 | $40,125 |
| 2 | Texas | 699 | $35,363 |
| 3 | Ohio | 688 | $38,847 |
| 4 | New York | 663 | $39,246 |
| 5 | Florida | 597 | $35,254 |
| 6 | Pennsylvania | 558 | $37,991 |
| 7 | Illinois | 533 | $32,442 |
| 8 | New Jersey | 480 | $36,376 |
| 9 | North Carolina | 333 | $35,548 |
| 10 | Indiana | 322 | $36,261 |
| 11 | Georgia | 320 | $34,581 |
| 12 | Michigan | 300 | $36,017 |
| 13 | Massachusetts | 286 | $43,110 |
| 14 | Maryland | 266 | $40,498 |
| 15 | Virginia | 248 | $36,845 |
| 16 | Colorado | 239 | $34,554 |
| 17 | Arizona | 230 | $37,137 |
| 18 | Wisconsin | 227 | $35,224 |
| 19 | Washington | 221 | $36,656 |
| 20 | South Carolina | 214 | $37,858 |
| 21 | Missouri | 214 | $31,355 |
| 22 | Alabama | 173 | $34,614 |
| 23 | Tennessee | 167 | $34,596 |
| 24 | Oregon | 159 | $35,581 |
| 25 | Minnesota | 136 | $35,963 |
| 26 | Kentucky | 127 | $37,834 |
| 27 | Connecticut | 126 | $43,294 |
| 28 | Kansas | 110 | $31,642 |
| 29 | Louisiana | 89 | $38,306 |
| 30 | Iowa | 84 | $32,021 |
| 31 | Oklahoma | 81 | $34,435 |
| 32 | Nebraska | 75 | $30,270 |
| 33 | Delaware | 63 | $41,361 |
| 34 | Utah | 63 | $37,067 |
| 35 | Rhode Island | 62 | $43,489 |
| 36 | Nevada | 54 | $39,657 |
| 37 | Idaho | 51 | $35,880 |
| 38 | South Dakota | 50 | $37,872 |
| 39 | Arkansas | 43 | $34,432 |
| 40 | Maine | 36 | $39,263 |
| 41 | Montana | 36 | $37,788 |
| 42 | Mississippi | 35 | $30,545 |
| 43 | North Dakota | 34 | $38,117 |
| 44 | New Mexico | 33 | $35,309 |
| 45 | New Hampshire | 30 | $42,492 |
| 46 | Wyoming | 27 | $34,723 |
| 47 | Vermont | 26 | $41,508 |
| 48 | West Virginia | 22 | $38,511 |
| 49 | Hawaii | 20 | $47,338 |
| 50 | Alaska | 14 | $33,578 |
Top 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, 10.9% of universal bankers listed customer relationships on their resume, but soft skills such as communication skills and organizational skills are important as well.
Choose From 10+ Customizable Universal Banker Resume templates
Zippia allows you to choose from different easy-to-use Universal Banker templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Universal Banker resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
Universal Banker Demographics
Universal Banker Gender Distribution
After extensive research and analysis, Zippia's data science team found that:
- Among universal bankers, 64.9% of them are women, while 35.1% are men.
- The most common race/ethnicity among universal bankers is White, which makes up 62.3% of all universal bankers.
- The most common foreign language among universal bankers is Spanish at 62.0%.
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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 Hawaii, Rhode Island, Connecticut, and Massachusetts. Universal bankers make the most in Hawaii with an average salary of $47,338. Whereas in Rhode Island and Connecticut, they would average $43,489 and $43,294, respectively. While universal bankers would only make an average of $43,110 in Massachusetts, 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. Rhode Island
$43,489
Avg. Salary
2. Ohio
$38,847
Avg. Salary
3. Delaware
$41,361
Avg. Salary
How Do Universal Banker Rate Their Jobs?
2.0
2.0
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 MoreWhat do you NOT like?
I am not a sales/production driven individual. That aspect of the job- needing to worry about how many accounts I open or getting a certain amount booked in loans does not appeal to me. I enjoy the work, I like being challenged and busy, but I hate being a set of production scores. Show MoreTop Universal Banker Employers
Most Common Employers For Universal Banker
| Rank | Company | Average Salary | Hourly Rate | Job Openings |
|---|---|---|---|---|
| 1 | First National of Nebraska | $36,181 | $17.39 | 24 |
| 2 | Santander Bank | $35,470 | $17.05 | 117 |
| 3 | BMO Harris Bank | $35,347 | $16.99 | 145 |
| 4 | Associated Bank | $34,755 | $16.71 | 87 |
| 5 | Huntington National Bank | $34,647 | $16.66 | 77 |
| 6 | Capital One | $34,317 | $16.50 | 80 |
| 7 | Bank of America | $34,305 | $16.49 | 31 |
| 8 | Wells Fargo | $34,225 | $16.45 | 40 |
| 9 | SunTrust | $34,065 | $16.38 | 132 |
| 10 | U.S. Bank | $33,913 | $16.30 | 1,682 |
Universal Banker Videos
