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Salary and Benefits

Banking Specialist
$45K-$55K / yr. (est.)
$46K
$50,760 / year
$56K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Banking Specialist

What does a Banking Specialist do?

Functioning as Banking Specialists, our primary responsibility is to use multiple customer group systems for identifying the main goals and accounts of the customers of the company. We monitor the current banking reputations. We also provide assistance with the development of solutions for complicated issues. Being Banking Specialists, we assist our customers by providing consultation services to them for clearing their queries and questions. We support the teamwork within the company by contributing to several projects with other team members. We ensure that overall business is free from all sorts of risks and also assess them before they could destroy the current status of a bank.

Core tasks:

  • providing support to the other team members
  • managing investments with the help of compliance teams
  • overseeing the fraud claims
  • developing and writing billing reports
  • administering the credit transactions

Insights

How Many Years of Experience Do Professionals Need Before Becoming Banking Specialist?
On average, people work 3-5 years in other positions prior to becoming a Banking Specialist.
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Software EngineerSan Francisco, CA - A year ago
🙌 Finally, someone taking professionalism seriously! It takes time to acquire the skills necessary to excel in the financial world.
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TeacherNew York City, NY - A year ago
Really? We're expected to work in another industry just to become a Banking Specialist? That's ridiculous!
How Long Do Banking Specialist Employees Typically Stay in Their Roles?
On average, Banking Specialists works in this position for 3-5 years across multiple employers.
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Credit AdvisorLos Angeles, CA - A year ago
🤔 I have seen some banking specialists settle in their role for more than 5 years, but I suppose it depends on the individual's aspirations and opportunities for growth.
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Loan OfficerMiami, FL - A year ago
I've been a loan officer for 4 years, working in different institutions has definitely broadened my knowledge pool and network. Though it can be exhausting, it keeps things interesting. 😄
What Is the Job Hopper Score for Banking Specialist Employees?
Steady employment history in Banking Specialist, with a tendency to stay with one company for extended periods of time.
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Financial AdvisorHouston, TX - A year ago
If someone shows stability in a company, it probably means they are valued and don't need to look elsewhere for growth.
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Branch ManagerPhiladelphia, PA - A year ago
🤔 Let's be real here, changing jobs frequently can make an employer question your commitment.

Career path

Path to job

Discover a Banking Specialist's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Banking Specialist typically studied at.
Camden County College
Clemson University

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Banking Specialist Employees?
Gender ratio in Banking Specialist position: 0.497785651018601 Male and 0.502214348981399 Female. Age ratio in Banking Specialist position: 16-20: 21%, 21-30: 62%, 31-40: 11%, 41-50: 4%, 51-60: 2%, 60+: 0%. Banking Specialist position is predominantly female (50.2%) with the largest age group being 21-30 years old, followed by 16-20 years old.
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Banking SpecialistPhiladelphia, PA - A year ago
I think it's because banking specialists often require good communication skills and females are generally better at that. 💁
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Banking SpecialistPhoenix, AZ - A year ago
Does age really matter? As long as they can do the job, it shouldn't be an issue. 😐

Workplaces

Who Are the Top Employers for Banking Specialist?
Top employers of Banking Specialist position: First Bank, Middlesex Savings, State Farm. People who work in Banking Specialist position most typically go on to work for the First Bank.
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Banking SpecialistHouston, TX - A year ago
State Farm's vast network allows them to offer unmatched opportunities for career growth. Their size speaks volumes about their credibility!
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Banking SpecialistDenver, CO - A year ago
First Bank may be a strong contender, but Middlesex Savings provides a more work-life balance and a fulfilling employee experience. Quality over quantity!
First Bank
Middlesex Savings
State Farm
What Industries Does Banking Specialist Typically Have Experience In?
Industry Background: The most typical industries of Banking Specialist: Finance & Insurance, Retail, Professional / Scientific / Technical, Public Administration, Manufacturing. Banking Specialist employees most likely come from a Finance & Insurance industry background.
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Banking SpecialistHouston, TX - A year ago
👀 Don't believe their sweet talk! Banking Specialists are just glorified salespeople trying to meet their quotas. I know it because I used to be one of them!
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Banking SpecialistMiami, FL - A year ago
Y'all need to understand that Banking Specialists play a crucial role in the financial industry. We ensure that banking transactions are secure and help prevent fraudulent activities. Show some respect!

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Discussion about Banking Specialist

Want to know more about Banking Specialist position?
Share your thoughts and ideas about Banking Specialist position with others in our community.
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How balanced is the gender diversity among people working as a Banking Specialist?
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Liam Brown4 years ago
The women/men ratio is well balanced.
What is the most common age of a Banking Specialist?
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Liam Brown4 years ago
The typical age is 26.
How much experience do you need to work as a Banking Specialist?
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Isabella Holmes4 years ago
4 years of experience is needed on average for a Banking Specialist.
Which industries have a lot of people working in Banking Specialist roles?
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Sophie Hayes4 years ago
For a Banking Specialist it’s the most likely to work in the Finance & Insurance.
What kind of higher education a Banking Specialist need?
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Liam Brown4 years ago
No higher education is the typical for a Banking Specialist
Which company is likely to have openings for Banking Specialist positions?
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Isabella Holmes4 years ago
Most people work for First Bank, Middlesex Savings, State Farm, TD and U.S. Bank
How many years of experience as a Banking Specialist is needed in average to switch to another position?
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Benjamin Gardner4 years ago
A Banking Specialist typically moves on after 4 years
How frequently people change companies if they work as a Banking Specialist?
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Benjamin Gardner4 years ago
For a typical Banking Specialist changing companies is pretty rare.
From which job titles people come from to work as a Banking Specialist?
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Isabella Holmes4 years ago
A Banking Specialist probably worked as Customer Service Representative, Teller or Sales Associate before
Working as a Banking Specialist what job titles should I consider to switch to?
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Benjamin Gardner4 years ago
Customer Service Representative can be a good next step
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