Banking Employment Information
Banking Industry Overview
There are nearly 2.6 million jobs in banking in the US. A medium-size bank typically employs only three-dozen people, but one of the largest banks might employ 250,000 globally, the American Bankers Association estimates.
Banks fill the country’s financial needs by holding deposits, extending loans and handling the exchange of payments between individuals, businesses and governments.
Banks also offer personal financial services, so they hire sales professionals to market investment advice, insurance, securities and even tax preparation to their customers.
Banking Job Market
As the banking industry emerges from the financial crisis, the outlook for banking employment is mixed.
Some banking career niches prospered during the housing crash. Companies that specialize in defaulted mortgages will continue to offer servicing jobs until the real estate market recovers. While interest rates remain at record lows, jobs for loan officers and loan processors will continue to open.
With regulators putting bank reforms in place, compliance employment should rise, especially for those with Basel credit standards or Dodd-Frank experience. Jobs for legal professionals with experience defending lawsuits filed against banks by consumers or regulators should continue to be plentiful as well.
In investment banking, employment for sales reps should rise 15 percent between 2010 and 2020, the Bureau of Labor Statistics (BLS) predicts.
Banking job opportunities could fall in other areas. Teller jobs may be cut as customers who used to come into branches to deposit checks and withdraw funds increasingly use online banking and ATMs.
Salaries for banking jobs start as low as $24,590, the median annual pay for tellers in 2011, according to the BLS. Bank of America's CEO Brian Moynihan, meanwhile, made $8.1 million in 2011. Salaries for loan officers ($58,030), financial services sales reps ($72,060) and financial examiners ($75,250) fall in between.
A Kforce client is seeking a Loan Funder in the Santa Ana suburb of Los Angeles, California (CA). Responsibilities include documenting and funding loans in accordance with a bank's policies and procedures. Essential Job Functions: Receive loan files for all loans after approval Open escrow and title Prepare loan documents for loans upon satisfaction of conditions set at time of approval in accorda...
A Kforce client is seeking a Consumer Loan Processor for their San Diego, California (CA) location. This person reviews loan documents to determine the creditworthiness of borrower and terms of loan agreement. Responsibilities may include: Evaluates loan applications and documentation by confirming credit worthiness Improves loan applications and documentation by informing applicant of additional...
POSITION PURPOSE The primary purpose of this position is to assist the Credit Union in fulfilling our Core Purpose To find, keep, and help our members financially. To achieve this purpose the position must deliver high quality service to both internal and external members as defined by our Service Standards. A key component of this service is to identify the financial needs of the members and effe...
UnitedHealth Group Multiple
Description: The Field Operations Manager position will be responsible for the management and administration of general business operations of an assigned geographic territory for the Credit Balance business unit. This position provides strategic leadership as well as the day to day management of a team of Recovery Analysts in the assigned territory. Responsibilities include developing and maintai...
UNIVERSAL BANKER First Service Bank is now accepting applications for a full-time Universal Banker in Greenbrier. This is an excellent opportunity for individuals who enjoy providing superior customer service and would like to work with a professional team in a friendly banking environment. High school diploma or equivalent, six months or more of previous cash handling experience in a business-rel...
Company Confidential Marion, IN, 46953
Indiana Members Credit Union in Marion has an opening for a part time teller position at our Marion location. Flexible work schedule. Please apply online by visiting our website at: www.imcu.org For more information contact Connie @ 765-674-3348....
Company Confidential Jacksonville, FL, 32231
REAL ESTATE SITE AGENT Home builder looking for Real Estate Site Agent at model home. Must have real estate license. Fax resume to (904) 641-6755...
Company Confidential Fort Wayne, 46802
Crossroads Bank in Wabash is currently seeking a sales-oriented individual to fill the position of AGRICULTURAL BUSINESS DEVOPMENT OFFICER in the Huntington, Whitley, Kosciusko, and Noble County areas. Qualified applicants will have 2-5 years exp. in agricultural lending, with FSA lending a plus along with the desire to grow and maintain existing business; must possess strong verbal and written co...
Rockland Trust Multiple
Thrive at one of the region's top places to work! Rockland Trust is committed to providing superior service to our customers, shareholder returns, strengthening the communities in which we live and work, investing in our employees and celebrating their diversity. At Rockland Trust, you'll find career opportunities with a stable, first-rate financial institution that's been serving our customers an...
Commercial Credit Analyst/Underwriter New Horizon Bank, N. A. seeks qualified full time Commercial Credit Analyst/Underwriter to work with the Chief Credit Officer on all aspects of commercial/business loans, credit analysis and underwriting. Preferable education qualifications, B.S. in Accounting, Business Administration or Economics. Candidate must have a thorough understanding of commercial len...
Settlement Closing Officer Title Alliance , LTD is looking for a full time Title Settlement Closing Officer in their real estate settlement office in Richmond, VA. The successful candidate must be customer friendly and sales oriented and possess a strong background as a Title Settlement Closing Officer or paralegal with excellent customer service skills. To be considered for this position, you mus...
Citizens Bank now part of FirstMerit Bank FirstMerit Corporation Job Opportunity Bulletin 13-1143 Job Title: Client Champion I (Teller) - Part-Time Department: Retail Banking Location: Lena Wisconsin Our Client Champions are the first and most frequent point of contact with our clients. In this role you’ll have the opportunity to provide individualized customer service while handling financial tra...
Citizens Bank now part of FirstMerit Bank FirstMerit Corporation Job Opportunity Bulletin 13-1081 Job Title: Client Champion I (Teller) - Part-Time Department: Retail Banking Location: Minocqua Our Client Champions are the first and most frequent point of contact with our clients. In this role you’ll have the opportunity to provide individualized customer service while handling financial transacti...
Citizens Bank now part of FirstMerit Bank FirstMerit Corporation Job Opportunity Bulletin 13-1085 Job Title: Client Champion I (Teller) - Part-Time Department: Retail Banking Location: Southfield/Telegraph Our Client Champions are the first and most frequent point of contact with our clients. In this role you’ll have the opportunity to provide individualized customer service while handling financi...
Loan Officer/Member Relations Specialist - Credit Union seeking a highly-motivated, professional and dependable individual to fill a dual role as Loan Officer and Member Relations Specialist. Responsibilities include underwriting and approving consumer loans, while evaluating opportunities to enhance member relationships through recommendations of additional products and services. Other responsibi...
Company Confidential Atlanta, GA, 30309
Job Purpose: Obtains profit contribution by managing staff; establishing and accomplishing business objectives. Duties: * Increases management's effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incent...
DMB Community Bank De Forest, 53532
Financial Services Supervisor Seeking a dynamic self-starter to oversee our Financial Services Department. This person will act as the lead sales person for both retail and commercial depositors in an effort to expand existing and potential customer relationships for our community bank. Customer service and management experience required. Previous banking experience preferred. DMB Community Bank o...
Banking Loan Settlement Officer The Loan Settlement Officer position organizes and coordinates commercial loan settlements in accordance with Bank policies and regulatory requirements. A Settlement Officer works independently and under minimal supervision performing a wide variety of functions relating to the preparation, review, processing, and signing of commercial loan documents. A Bachelor's d...
Oklahoma Employees Credit Union is seeking talented and motivated team members to fill key front-line member service roles. Successful candidates must provide courteous and professional service. A high school diploma or equivalent is required, plus a minimum of one year of customer service experience. The following duties are normal for this position. These are not to be construed as exclusive or...
Interbank Enid, 73703
Bank Teller Interbank is looking for a full time teller. Experience is preferred but not required. Strong math and communication skills required. We offer a pleasant working environment and competitive benefits package. Pay based on experience. EOE M/F/D/V. Please apply at www.interbankus.com under Careers This job listing brought to you by The Enid News & Eagle...
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Answers for Banking Jobs
Questions & Answers Powered by Yahoo! Answers
What is the modus-operendi of touts in providing bank jobs to aspirants?
Now a days, we hear bank jobs are bought with hefty amounts.
What are some good movies like the Bank Job, Oceans 11,12,13?
I like movies like Oceans 11 12 13, Thick as Thieves and The Bank Job, was wondering if there were any more like these.
Investment banking out of University of California Santa Barbara?
I am planning on going to UCSB this fall and I was admitted with a Pre-Economics/Mathematics major. I want to end up working as an investment banker. Is it likely that a student from UCSB can land an ...
What is the model of van used in the movie "The Bank Job" starring Jason Statham?
In the movie, "The Bank Job" starring Jason Statham, they are driving a van that appears to be a cargo van with a Mini Cooper styled front end. I think it may even say FORD across the front of it. Do...
What type of questions ask in indian banking exam? any specialised course to get job in banks?
Hi, I like to go in (india) banking industry, please anybody tell me how to start?what type of questions they ask? is there any course which can help me get banking job?any site?any question papers ...
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