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 ★
Total Pay--
Career Opportunity
3.5 ★
Avg. Experience8+ years

How much does a Banker make near United States?

$66,237 /yr
Total Pay

Base Pay


Additional Pay


 / yr
Most Likely Range
Possible Range
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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
Sep 26, 2022

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

Feb 9, 2022

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

Associate Banker
Jul 25, 2022

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

Associate Banker
Aug 29, 2021

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

Sep 14, 2021

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

Principal Banker
Nov 1, 2022

“There is minimal career progression and it is not meritocracy”

CannaPiece CorpCannaPiece Corp
Vault Specialist
Dec 29, 2022

“good and fun people to work with”

quicken loans
Jun 21, 2023

“average pay: One of the main drawbacks of working at Quicken Loans is the relatively low pay compared to industry standards.”

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Banker Interviews

Frequently asked questions about the roles 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