Top Desirable Bank Jobs Without A Degree

Banking roles are among the most lucrative and valuable jobs in the financial industry. A college education is frequently required for these occupations, but for some people, acquiring a degree is not an easy task. Learning what professions are available without a degree might help you determine which attractive careers are readily available in this area.

Bank jobs without a degree worth pursuing

1. Accounting assistant

National average salary: $28,311 per year

Accounting assistants collaborate with accountants to produce and organize financial statements, evaluate data, and guarantee that clients follow the law. They assist clients in preparing estimates and projections, as well as with invoicing and payment collection. An accounting assistant may also collaborate with bookkeepers and do small tasks such as file management.

2. Personal banker

• National average salary: $32,273 per year

A personal banker helps clients manage their bank accounts and advises them on how to achieve their financial goals. They may assist their clients in opening new bank or savings accounts, applying for a credit card, or taking out a loan. A personal banker can also assist clients obtain insurance and arrange for retirement.

3. Bank teller

National average salary: $32,536 per year

A bank teller is responsible for a variety of activities within the bank, including collecting customer payments and deposits and responding to inquiries. They may monitor daily cash flow and guarantee that there is always adequate money in the bank. A bank teller also answers customers’ questions and, if necessary, transmits vital information to the bank manager.

4. Payroll specialist

• National average salary: $34,405 per year

A payroll specialist is in charge of monitoring and validating all employees’ payroll payments. Their duties may include managing personnel files, completing regular payroll procedures, creating year-end profit statements, and reconciling bank accounts. A payroll specialist also ensures that taxes are paid and may participate in tax audits if necessary.

5. Bill collector

• National average salary: $34,490 per year

Bill collectors assist banks in collecting payments from delinquent customers. They may call delinquent account customers and request payment. If the customer accepts, the bill collector sends them an updated bill or collects money for recurring installments. If the customer refuses to cooperate, they may need to consult with legal professionals.

6. Office administrative assistant

• National average salary: $36,262 per year

An office administrative assistant handles the general needs of all employees, such as taking messages and managing meetings. They manage bank employees’ travel arrangements, such as reserving flights and accommodations. Office administrative assistants also do typical office chores such as document filing and communication management.

7. Bookkeeping clerk

• National average salary: $38,466 per year

A bookkeeping clerk is in charge of keeping track of the bank’s financial transactions. They may be responsible for entering data into accounts, preparing reports, and monitoring budgets. A bank’s bookkeeping clerk is primarily responsible for administrative activities, ensuring that all transactions are accurately recorded and reported.

8. Receptionist

• National average salary: $41,367 per year

Receptionists operate at the front desk and assist bank personnel and customers. They may be in charge of reporting guests’ arrival and departure from the bank or meetings, answering the phone, and sorting mail. A bank’s receptionist may also plan meetings and perform other minor administrative tasks.

9. Payroll administrator

• National average salary: $46,669 per year

A payroll administrator ensures that employees are paid accurately and on schedule. Their responsibilities may include processing payroll, collaborating with client organizations to guarantee compliance with labor laws, and filing payroll reports as needed. A payroll administrator also validates the accuracy of all data submitted into the system and compares it to employee payments.

10. Customer service representative

• National average salary: $48,098 per year

A customer care person interacts with a variety of customers to give information and handle difficulties. They may be responsible for contacting clients about their accounts. They may also assist them in locating the appropriate financial product and resolving any troubles that they are experiencing.

11. Loan assistant

• National average salary: $55,668 per year

A lending assistant evaluates the loan components for approval. They typically evaluate income documentation, debt information, and credit reports to decide whether the customer is eligible for the loan. Once authorized, a loan assistant assists clients with any subsequent steps in the process, such as arranging papers or becoming pre-approved before shopping for a property.

12. Relationship manager

• National average salary: $56,583 per year

A relationship manager supports larger accounts, ensuring their retention and expansion. They assist in the identification of new commercial banking clients, as well as the structuring, negotiation, and management of these agreements. They may be in charge of validating huge transactions or processing specific requests.

13. Compliance officer

• National average salary: $62,312 per year

A compliance officer ensures that all clients and staff follow the law. them may be in charge of examining contracts and policies to ensure them are current. They file regulatory reports as needed and ensure that the bank has adequate security measures in place. A compliance officer may also be responsible for auditing staff and clients to ensure they are following all regulations.

14. Loan officer

• National average salary: $179,092 per year

A loan officer assists clients in determining if they are eligible for a loan. Loan officers examine property, financial, and credit information to offer recommendations to lenders and clients based on their area of expertise, which could be real estate or finance. They also work with clients to assist them comprehend the loan procedure and develop financial plans tailored to their specific needs.