If you’re skilled at working with numbers and would feel at ease talking to customers about their finances, you have the foundation to be a top performer in several banking jobs. Two out of three jobs in banking are office and administrative support positions. These includes tellers (who make up the biggest segment of banking industry workers), as well as new accounts clerks and customer service representatives. Management, business and financial positions, such financial managers and loan officers, account for about one-quarter of banking jobs.
A few facts about banking employment prospects:
1. According to the U.S. Bureau of Labor Statistics, opportunities for banking jobs are expected to drop by about 2 percent by 2014 due to mergers, technology and other factors. The bureau projects a 14 percent job growth across all other industries.
2. Tellers and other administrative support workers should continue to be in demand because those positions account for a major portion of banking jobs and tend to have a high turnover.
3. Technology has rendered some back office banking jobs obsolete, but has increased demand for careers in banking information technology.
Action Steps
The best contacts and resources to help you get it done
Check online job boards that specialize in banking jobs
Look for job boards that let you post your résumé as well as scroll through the available jobs in banking. Jobs for bankers include branch managers, tellers, loan officers, banking IT professionals, human resources managers, financial analysts and more.
I recommend: Bankjobs.com and TheBoardNetwork.com’s
bankingboard.com focus solely on banking positions.
The American Bankers Association’s job board lists accounting positions as well as banking and finance jobs. In addition to open banking jobs,
eFinancialCareers provides financial industry news and job hunting tips.
Banking recruiters match you with senior-level jobs for bankers
Banking recruiters can help you locate the most sought-after jobs for bankers, including open positions that banks don't advertise. Banking recruiters usually work only with job hunters who have established careers in banking and are looking for senior management positions.
I recommend: If you pass
Filcro Financial Staffing's evaluation process, the firm will make your résumé and other background information available to banks that are in the market for professionals with established careers in banking.
NBFSN, a division of National Banking Network, is a nationwide recruiting network that specializes in jobs in banking and related fields.
How much does banking employment pay?
Find out what you can expect to earn in your banking jobs of choice.
I recommend: Payscale gives you the current median salary for seven common banking jobs.
Vault.com provides banking salary surveys from major banking employers, including Bank of America, Wachovia and Citigroup.
Polish your résumé and interview skills to land jobs in banking
It's not surprising that those who present themselves in the best light tend to enjoy the most rewarding careers in banking.
I recommend: The financial résumé
mavens at
FinancialResumePros.com will interview you for a banking job via phone and deliver a résumé
draft within five days. Learn what to expect when you’re interviewed for jobs in banking. Banking job applicants share their interview experiences at various banks in Vault.com’s
Commercial Banking Interview Surveys. To access the surveys you can sign up for a low-cost Vault.com membership.
Tips & Tactics
Helpful advice for making the most of this Guide
- Tellers often learn a variety of skills on the job that can lead to other jobs in banking. For example, some tellers are trained to spot financial product and service sales opportunities. Others are cross-trained to serve as customer service representatives.
- With more commercial banks offering branded consumer products such as credit cards, there are careers in banking for consumer marketing professionals.
- In addition to looking for banking employment on job boards, check bank websites for job postings.
The official source of Banking Jobs is the Banking Jobs page at Business.com
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