What does a Banker do?

Bankers have many subtitles depending on their role inside a financial business. But at their core, Bankers facilitate transactions between customers and institutions, or between corporations and other entities. A banker will be the liaison before, during and after transactions have occurred. They are tasked with making sure all business is conducted in accordance with current laws and regulations while providing financial benefit for their employer and clients.

Bankers can have a wide range of educational backgrounds. Low-level Bankers will usually possess a bachelor's degree in finance. From there, aspiring bankers can pursue an advanced degree in many financial related fields, and obtain their Clean u4 or Series 7 certifications. Due to the nature of ushering assets, a keen eye for detail and a strong set of ethics are desirable qualities in Bankers.

What responsibilities are common for Banker jobs?
  • Conduct all transactions in line with Local, State and Federal laws
  • Ensure all exchanges are documented properly
  • Provide factual information to clients about business opportunities
  • Seek out new avenues of business in your market
  • Keep up on current financial trends
  • Be informed of current changes to laws and standards
  • Pursue ongoing education
  • Understand and practice all guidelines of AML and KYC
What are the typical qualifications for Banker jobs?
  • Advanced degree in related field (preferred)
  • Clean 4U certification (preferred)
  • Series 7 certification (preferred)
  • Excellent analytical processing
  • Self-motivated attitude
  • Strong written and verbal communication skills
  • An understanding of AML and KYC
  • Robust researching, resourcing and networking expertise
  • Submission to a background check
Work/Life Balance
3.3 ★
Salary Range--
Career Opportunity
3.5 ★
Avg. Experience8+ years

Banker Salaries

Average Base Pay

€37,310 /yr
Same as national average
Not including cash compensation
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Median: €37K
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Glassdoor Estimated Salary

Banker Career Path

Learn how to become a Banker, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.


Years of Experience Distribution

0 - 1
2 - 4
5 - 7
Not including years spent in education and/or training

Banker Insights

Read what Banker professionals have to say about their job experiences and view top companies for this career.
American National Bank and Trust CompanyAmerican National Bank and Trust Company
Realationship Banker
26 Sept 2022

“Great employers who make sure that you are taken care of and want you to progress in your career here!”

9 Feb 2022

“Salaries are good but not competitive specially that they don't provide any type of bonuses throughout the year.”

People's United BankPeople's United Bank
Banker I
10 Dec 2020

“Pay isn’t great and when you move up within company raises are little to nothing.”

Bank Central AsiaBank Central Asia
23 Dec 2020

“Good benefit with 2 times bonus (1st bonus based on performance 2nd is year end bonus)”

Associate Banker
25 Jul 2022

“My manager was great in considering my school work but I know that varies from branch to branch.”

29 Jan 2021

“Because there is a lot of tenure here there are very minimal career advancement opportunities.”

Associate Banker
29 Aug 2021

“If you have a good team it can be a great place to work for.”

14 Sept 2021

“No raise offered to moving to bigger busier branch meaning much more work and higher goals just to get the same bonus.”

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Banker Interviews

Frequently asked questions about the role and responsibilities of a Banker

The most similar professions to Banker are:
  • Relationship Banker
  • Personal Banker
  • Private Banker
  • Premier Banker

Related Careers

Relationship Banker
No skills overlap
Personal Banker
No skills overlap
Private Banker
No skills overlap
Premier Banker
No skills overlap

Banker jobs