Banker
Work in a bank or financial institution servicing the financial needs of clients
Job opportunities
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Jobs in SEEK right now
Job growth
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5-year projection
Salary
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Typical salary
Job satisfaction
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Job opportunities
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Jobs in SEEK right now
Salary
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Typical salary
Job growth
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5-year projection
Job satisfaction
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What's it like to be a Banker?
As a Banker your main task is to arrange loans and investments for clients. Bankers charge interest and fees for the loans and try to maximize the profit of a bank while maintaining appropriate risk levels. The financial industry employs many different types of Bankers, including Personal, Commercial, and Investment Bankers.
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Tasks and duties
- Discussing financial products and service options with customers.
- Assessing a client’s ability to service a loan.
- Negotiating purchases of resources and commodities.
- Arranging insurance for clients.
- Performing financial risk assessments.
- Preparing relevant financial documents.
- Profit estimation and risk analysis.
- Underwriting deals.
- Buying and selling securities.
Personal Bankers (or Retail Bankers) handle all the banking needs of individuals such as arranging mortgages, personal loans and credit cards. They must also analyse the creditworthiness of potential borrowers.Commercial Bankers service business and corporate clients. Services include arranging working capital required for the running of businesses such as for plant and equipment. They must also ensure that the borrowers have capacity to service the loans. Investment bankers are essentially capital raisers for companies. Services may include deciding on the proper mix of debt and equity to use in a capital raise, compliance with government regulations, and restructuring finance.
How to become a Banker
To worker as a Banker, an employer may require that you hold a tertiary qualification in business, commerce, finance, accounting, or a related field.
- Complete your secondary school certificate.
- Obtain a bachelor degree in business, commerce, accounting or economics, majoring in banking or finance, or in a related field.
- Participate in an internship. Participating in an internship provides prospective Bankers with experience in the field and an understanding of banking policies and regulations.
Compare your salary
Find out how your salary compares with the average salary for Bankers.
Latest Banker jobs on SEEK
Be one of the first to discover these recently listed jobs, or browse all Banker jobs on SEEK right now.
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Skills and experience employers are looking for
Having the right skills and experience can make you an in-demand applicant. Banker employers on SEEK are looking for job seekers with expertise in the following areas.
Source: SEEK job ads and SEEK Profile data
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Latest Banker reviews
May 2021
Reviewer's Qualification
Diploma of Banking Services Management
Experience
5 – 9 years
Organisation size
Large (200+ employees)
Specialisation
Teller
The good things
Meeting nice customers and have more experiences about customer services
The challenges
Not enough training and no support from leader
Read more
Sep 2023
Reviewer's Qualification
Bachelor of Business Administration
Experience
1 – 4 years
Organisation size
Small (1-19 employees)
The good things
Knowing people of various background. Learning new ideas.
The challenges
I think i live everything about my work.
Read more
Source: SEEK role reviews
SEEK has not verified the truth or accuracy of these comments and does not adopt or endorse any of the comments posted on this page.SEEK collects and posts the comments for what they are worth and for information purposes only to assist candidates to find employment through seek.com.au
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