What is an Entry Level Bank Job?
When you hear the words "entry level bank job," you might think of a teller or customer service representative. However, there are many different positions within a bank that fall under this category. Entry level bank jobs typically refer to positions that require little to no previous experience in the banking industry, and provide an opportunity for individuals to learn and grow within the field. These positions may include bank tellers, customer service representatives, loan processors, and administrative assistants.
What Usually Do in This Position?
The day-to-day responsibilities of an entry level bank job will vary depending on the specific position. Bank tellers, for example, may be responsible for handling cash transactions, opening new accounts, and answering customer inquiries. Customer service representatives may be responsible for answering phone calls and emails, resolving customer issues, and providing general assistance. Loan processors may be responsible for reviewing loan applications, verifying employment and income, and ensuring all necessary documentation is complete. Administrative assistants may be responsible for scheduling appointments, answering phones, and providing general support to the bank's staff.
Top 5 Skills for Position
- Attention to detail
- Strong communication skills
- Customer service orientation
- Basic math and computer skills
- Ability to work in a fast-paced environment
How to Become this Type of Specialist
To become a specialist in an entry level bank job, you typically do not need a college degree. However, some positions may require a high school diploma or equivalent. Employers often provide on-the-job training to ensure that new hires are equipped with the necessary skills and knowledge to perform their duties effectively. In some cases, individuals may choose to enroll in a certification program or take courses in finance or accounting to enhance their knowledge and skills.
Average Salary
According to Glassdoor, the national average salary for an entry level bank job is $31,000 per year. However, salaries can vary depending on the specific position, location, and level of experience. Bank tellers, for example, may earn a starting salary of around $25,000 per year, while loan processors may earn a starting salary of around $35,000 per year.
Roles and Types
As mentioned earlier, there are many different roles and types of entry level bank jobs. Some common positions include bank tellers, customer service representatives, loan processors, and administrative assistants. However, there are many other positions within the banking industry that may fall under this category, such as financial analysts, credit analysts, and personal bankers.
Locations with the Most Popular Jobs in USA
According to Indeed, some of the most popular locations for entry level bank jobs in the United States include New York, NY, Chicago, IL, Houston, TX, Los Angeles, CA, and Atlanta, GA. However, it is important to note that job opportunities can vary depending on the specific bank and location.
What are the Typical Tools
The typical tools used in entry level bank jobs may include cash registers, computers, telephones, and various software programs used for data entry, customer management, and loan processing. Additionally, individuals in these positions may use basic office equipment such as printers, scanners, and copiers.
In Conclusion
Entry level bank jobs provide a great opportunity for individuals to gain experience in the banking industry while also developing valuable skills and knowledge. These positions may include bank tellers, customer service representatives, loan processors, and administrative assistants. To succeed in these positions, individuals should have strong communication skills, attention to detail, and the ability to work in a fast-paced environment. While salaries may vary depending on the specific position and location, entry level bank jobs can provide a solid foundation for a career in banking.