Top 6 -Banking Career Paths

Top 6 -Banking Career Paths, has vast opportunities for growth, learning, & helping in Stark, Ashland & Tuscarawas communities.

Financial Tip Friday is brought to you in partnership with the 1st National Bank of Dennison.  

The world of “Banking” has a vast opportunity for growth, learning, and helping others in the community.  There are many positions in a variety of local banks that could benefit one’s personal life and outreach to the community.  There are positions for introverts, extroverts, analytical minds, tech brains, and big picture thinkers.

Some positions require a bachelor’s degree and there are others that you can be trained at with only your high school diploma and even offer internships.

Kent State Tuscarawas has a Business Management program that would prepare one for a career in banking.  They also offer Information Technology that could be applied to a banking path. Most banks are equal opportunity employers.  This means they consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, disability, or veteran status, among other factors. 

 

 6 Main paths to take in Banking Careers

 

1. Consumer & Community Bank
2. Corporate Functions
3. Technology
4. Corporate & Investment Bank
5. Asset & Wealth Management
6. Commercial Bank

 

Types of Positions within a Bank: 

• Wealth Management/Relationship Advisor
• Coding for website and app
• Compliance
• Human Resources
• Bank Teller
• Loan Officer
• Accounting/Finance/Risk/Auditor
• Underwriter
• Asset Manager
• Branch Manager
• Credit Analyst
• Administration
• Data and Analytics
• Investment Banking
• Commercial Lender
• Project/Product Management
• Operations
• Real Estate Finance

 

The U.S. Bureau of Labor and Statistics estimates that Personal Financial Advisors, Financial Analysts, 
and Loan Officer careers are projected to grow 3-5% until 2029.

If thinking about a new career, consider visiting your local branch and discussing what their job entails.  A lot of positions can offer security as they may give health, dental and vision benefits as well as contributing to a retirement (401K) fund.  The hours are mostly during the day so there is still time to enjoy the family when they are not in school.

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Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, Loan Officers,
at https://www.bls.gov/ooh/business-and-financial/loan-officers.htm (visited May 12, 2021).