Bankers assist clients in monetary transactions and aid them in pursuing opportunities provided by the financial industry. They are analyzers, competitors and organizers who serve the financial needs of their clients, including opening small business accounts, processing loans, making investments, and more.
There are many different types of bankers, including personal, commercial, and investment bankers. Personal bankers tend to work one-on-one with clients, opening accounts and overseeing financial transactions. Commercial bankers provide financial products and services to businesses, while investment bankers connect investors with companies from start-ups to big corporations.
As there are many different types of bankers, salaries and educational requirements can vary greatly. For example, personal bankers typically make between $62K and $85K, while an entry-level base rate for investment bankers starts around $85K and they can make much more based on performance. Jobs for all bankers are projected to grow 4% by 2029.