Banking experience is one of the most desired qualifications for many job types in today’s labor market. There are numerous accounting jobs, business development jobs and executive positions that almost always require at least one year or more of bank-related experience on a resume. With any of these jobs you have to be able to boast an impressive banking background. The question that then follows is:
Banking experience is extremely valuable in the job market. It can help you get a job in almost any industry, from healthcare to education to technology, and more.
Here are some of the most common jobs you could get with banking experience:
Accountant – Accountants are responsible for managing financial records and ensuring that companies stay in compliance with government regulations. They work closely with managers and executives, which means that banking experience is extremely valuable for accountants who want to advance their careers.
Banker – Bankers are often responsible for helping customers open new accounts or apply for loans. They also manage deposits and withdrawals and make sure that transactions occur properly. Bankers need strong communication skills, so a background in banking can be very helpful when applying for this type of job.
Financial Adviser – A financial adviser helps clients invest their money wisely and plan their futures financially. They may recommend certain types of investments or advise people on saving money through various strategies like budgeting or investing wisely in stocks or bonds. Financial advisers typically have bachelor degrees in business administration (BBA) or finance degrees along with years of work experience before they can become certified by professional organizations like The Financial Planning Association (FPA).
What jobs can you get with banking experience
Introduction
Whether you are looking for a career change or have recently gained a new skill set in banking, you may be wondering: What other types of jobs can I get with this experience?
There are many jobs that you can do that require the same skills as a banking job. You can start your search by using keywords like “marketing,” “finance,” and “business,” since these relate to banking. Here are some of the best jobs to look for when starting your search:
Customer service
Customer service roles are some of the most common positions available to those with banking experience. There are a variety of different ways in which you can get involved in customer service, including working in sales or as an administrator. Customer services roles may require you to work with clients remotely or face-to-face, so it’s important that you find a position that suits your skills and personality.
The best way to start looking for jobs as a customer service representative is by searching online job boards like Indeed or Monster. You can also try local newspapers and small businesses if you would prefer working one-on-one with people rather than large corporations, but this could take longer since there aren’t as many opportunities available at smaller companies compared to larger ones (though this isn’t always true).
Insurance
Insurance companies need people to sell their products. They also need people to help customers with claims, marketing, customer service, and accounting.
Criminal justice
If you’re interested in working as a criminal justice professional, there are a number of different jobs that you could get with your banking experience. The most common is working for the federal government as a prosecutor or agent. This can be done through the Federal Bureau of Investigations (FBI), Drug Enforcement Administration (DEA), Bureau of Alcohol Tobacco and Firearms (ATF) or Secret Service. These organizations often hire people with experience in finance and accounting to help them track down financial evidence related to cases. Other employers include local police departments, sheriff’s offices and state prosecutors’ offices who also use financial skills when investigating crime scenes.
Business administration
Business administration is a broad field. It can be used in a wide variety of industries and types of organizations, including:
- Government agencies
- Non-profit organizations
- Small businesses that need help running their operations
The tasks involved in business administration include:
- Managing budgets and financial records so the organization can stay solvent. This includes making sure that costs are lower than income, so there is enough money to cover the bills when they come due (like rent or mortgage payments).
Accounting
You can also choose to work in a field dealing with money and numbers, such as accounting. Accounting requires you to be very detail-oriented, as well as have strong mathematical skills, good organization skills, and excellent communication skills. If you have experience working in this area, you may want to consider a career change into accounting!
Management
Management is a very broad term, but it essentially refers to the act of directing and overseeing people. The management of people involves leading them towards achieving certain goals, and this can be accomplished through a variety of methods. For example, you might have to motivate your employees by giving them positive feedback or clear instructions about what needs to be done. In addition, it’s important for managers to monitor their employees’ progress on projects so that they can make adjustments as needed.
In general, management requires effective communication skills (you’ll need these if you want your employees or coworkers) as well as an understanding of how various systems work together (e.g., there are many different departments within companies). Consider the following quote from Jim Collins: “Management is getting things done through other people.”
Finance
Finance careers are in high demand, and banking experience is a great way to get started. Finance jobs are diverse and offer many opportunities. You can find jobs requiring all levels of education ranging from a bachelor’s degree up through doctorate level degrees.
If you have banking experience, there are even more opportunities for you!
Marketing
Marketing is a broad field that encompasses advertising and public relations, as well as research and strategic planning. It’s important for banks to attract customers, and a marketing job could be a good fit if you have creativity, communication skills, and an interest in numbers.
Human resources
A human resources manager is responsible for managing the employees of his or her organization. This can include keeping track of staffing, training and development, employee benefits, and compensation. The most important thing to remember when applying for a position in this field is that you will be responsible for finding, hiring and retaining qualified workers at all times.
The qualifications required to become a human resources manager vary by company but typically include:
- A bachelor’s degree in business administration, human resources management or another related field
- At least five years’ experience working in an HR capacity
There are many careers you can explore if you have banking experience.
Having banking experience is a valuable asset to have on your resume, as it can help you in many different careers. You could consider pursuing the following jobs with your banking experience:
- Financial Advisor
- Stock Broker
- Loan Officer
- Private Banker
Conclusion
Though I haven’t personally worked in a bank, I do know someone who works as a cashier at one. I don’t want to generalize too much, but she has told me that banking is a high-stress job with lots of rules about how you are supposed to behave. The other day we were talking about her career and I asked if she had considered switching careers since there are many opportunities available for people with banking experience. She said that she hadn’t but now that you mention it maybe it might be time to look into some other options!
