Top Job Titles in the Banking Industry

Banking and Finance Can Be a Lucrative Field For These Positions

Female financial advisor working with couple in home
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For people who thrive on the order and accuracy of finances, the banking industry is a natural fit. Whether you love balancing your checkbook or enjoy creating budgeting spreadsheets, you may have considered a job in banking to make use of your attention to detail. However, many people do not realize just how many different types of positions there are. Below are just a sampling of different banking titles you could hold:

  • : As a financial analyst, you help businesses or individuals make investment decisions. Typically you need at least a bachelor's degree, but a master's degree if preferred. 
  • Personal financial advisors: Personal financial advisors help individuals manage their money to meet their short and long-term goals. From planning for retirement to figuring out how to pay for college, advisors identify different options and help individuals make the most of their money, such as through special tax exemptions or incentives. 
  • Accountants: One of the most well-known financial positions, accountants analyze, plan and evaluate business expenses and income. Many have a bachelor's degree only, but a master's is useful too. 
  • Auditors: Auditors review accounting records on behalf of clients, looking for discrepancies or losses. 
  • Loan officers: Loan officers help people identify and apply for loans, from mortgages to personal loans. They evaluate the candidates' job history, income and overall credit worthiness. Loan officers typically have a background and education in finance or economics. 
  • Collectors: While collectors tend to get a bad reputation, they play a pivotal role for companies. They manage accounts and keep track of bills and attempt to collect on past due invoices. Many collector positions require just a high school diploma, but a bachelor's degree is welcome. 
  • Bank tellers: As a bank teller, you cash checks, accept deposits and process account withdrawals. Most bank tellers have a high school diploma or a college degree in finance or economics. 
  • Treasurers: Treasurers manage an organization's finances, objectives and goals. They maintain the organization's budget and oversee investment strategies and major expenditures. Most treasurer position require advanced degrees, such as a master's or PhD. 
  • Buyers: Buyers are procurers for companies, purchasing inventory or goods and negotiating the best rates. 
  • Budget analysts: Budget analysts evaluate company budgets, identifying areas of surplus or loss. They help the company create a new comprehensive budget that will guide company efforts going forward. 
  • Forecasters: Company or financial forecasters use algorithms and programs to project product or company performance in the future based on certain factors, such as company competition or layoffs. 

For those interested in money and financial management, there are many options available beyond the classic banker role. Whether you enjoy projecting future possibilities or like the idea of helping families get their finances and futures in order, there are careers available to you that will engage and fulfill you. Check out your options to find the best career fit based on your interests, skills and education level.