Types of Jobs in Banking

Looking to make a career in banking. Here are 12 banking career options for you.

1. Banker: A banker's main job is to work at a bank or other financial institution. They are in charge of meeting bank members (people and businesses), advising and helping them get loans from the bank. By doing this, they hope to make money for the bank by charging fees and interest rates on those loans.

2. Bank teller: A bank teller is in charge of helping customers cash checks, get money out of their accounts, move transactions to different accounts, and open checking and savings accounts.

3. Loan processor: A loan processor uses their knowledge of risk analysis and financial statements to look over loan applications and decide whether or not to give the applicants the loans they want. They protect the bank and its money.

4. Credit Analyst: A credit analyst helps people get loans. They can work for investment banks, investment firms, credit card companies, and other places that lend money. A major difference between a credit analyst and a loan processor is that a credit analyst can only suggest whether or not an applicant should be approved.

5. Mortgage consultant: Mortgage consultants help companies or people determine what kind of mortgage they need by looking at their financial history and how much they can afford.

6. Investment representative: An investment representative works at an investment firm, bank, or other financial institution. They advise clients how to invest their money, usually for a fee. They also have to do sales-related work to promote their institution's financial products and services.

7. Investment banker: Investment bankers can give their clients financial advice about investment opportunities. They oversee the sale of assets to pay off debt.

8. Relationship Manager: A relationship manager is the point of contact between a bank or other financial institution's members and the institution itself. They are responsible for making new customers feel welcome and keeping old ones returning.

9. Financial advisor: A financial advisor's job is to help clients figure out their financial goals and the best way to reach them. This means trading on the stock market for them, looking at their financial history, and giving them advice on how to make the best financial decisions.

10. Financial Analyst: A financial analyst keeps an eye on market trends across different industries and uses their knowledge to help businesses and clients decide when, where, and how to invest.

11. Asset manager: Asset managers are in charge of looking over their clients' financial portfolios and keeping an eye on the stock market to figure out the best investments for their clients. They help them buy stocks and other assets and figure out what will make their money grow.

12. Internal auditor: Internal auditors for banks regularly evaluate the bank's internal processes, loan and spending habits, employment costs, and other risk management factors. They check if the bank follows the laws and can stay afloat.

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