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.

  • 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
  • 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

Average Years of Experience

0 - 1
26%
2 - 4
17%
5 - 7
8%
8+
49%

Banker Seniority Levels

Relationship Banker
44% made the transition
Personal Banker
33% made the transition
See Career Path

Banker jobs

Banker Interviews