Growth Trends for Related Jobs
According to the Bureau of Labor Statistics (bls.gov), in 2006 the banking industry employed more than 1.8 million. Out of these job, 7 out of 10 were in commercial banks. The banking industry has a wide range of jobs and positions available. Tellers still make up a vast majority of the employees, but other bank positions take up a large sector in the job industry in general.
Within the Management field of bank jobs there are: financial managers, who oversee the bank branches and departments as well as maintain bank standards and resolve customer issues; loan officers, who go over loan applications and make recommendations on whether to approve or deny a loan; and trust officers, who handle pension funds, profit sharing and even school endowments. Occasionally, trust officers also act as the bank lawyer or accountant as well.
Financial services is a sales orientated position that handles the selling of the bank's services. The bank agents handle everything from deposit accounts and lines of credit to certificates of deposit and investment services. Financial service agents handle the marketing of the bank, especially when it comes to consumer credit cards and services. This has become a large part of the industry that sales agents dedicate much of their time to.
Office and Administration jobs take up the largest portion of banking jobs available. These include tellers who handle account transactions and services for customers whether they come into the bank or go through the drive-through. Also included in this classification are customer service and new account clerks who answer customer questions and concerns and most thoroughly know the bank's products and services. These positions are also in call centers, where the representatives are answering phone calls and responding to customers' emails.
Office staff within a bank include many positions. These are general office jobs such as secretaries, data entry clerks and receptionists. There are also bookkeepers, accountants and audit clerks who process deposit slips and checks, enter data and maintain additional financial records and documents. Of course there are also supervisors and managers that oversee training and the day to day tasks of the office support.
Miscellaneous support includes lawyers, accountants, auditors and computer specialists. This is the smallest portion of the employment within the banking sector, but it is vital to the running and operations of any bank. These positions ensure that the bank is compliant with all federal regulations and codes as well as maintaining the corporate financial records. The computer specialists positions maintain all computers and software, as well as computer upgrades and electronic banking technologies.
- Alexander Fediachov | Dreamstime.com