What is a Commercial Banker?
Commercial Bankers are the face of a bank and the first point of contact for the bank’s customer. They check customer’s accounts and offer other merchant services.
Where does a Commercial Banker work?
- Bank branches
How much does a Commercial Banker make?
Based on real new grad salaries reported through Handshake, the median annual salary for a commercial banker is $68,117.
What majors are typically interested in becoming Commercial Bankers?
One’s major doesn’t necessarily determine their career, but these are some common majors of those who end up pursuing commercial banking jobs.
- Finance majors
- Economics majors
- Math majors
Commercial Bankers skills and competencies:
On top of a relevant degree and formal training, here are some professional skills that can help aspiring Commercial Bankers succeed in their work:
- Great customer service
- Strong organizational skills
What are some common questions about Commercial Bankers?
Q: What is the difference between investment banks and commercial banks?
A: Commercial banks are concerned with tasks like making deposits, loans, and working with a wide range of people–from small businesses to individuals. Investment banks are more focused on mergers, acquisitions, and trades and have more large business clientele.