Banking Jobs
Banking jobs differ immensely, and roles vary depending on whether you opt for a job in retail, corporate or commercial banking. The majority of bankers work in branches and are responsible for daily operations. With the growth of internet and telephone banking, for example, branches are now becoming sources of information on the financial products they offer. The role of the banker therefore is more focused on sales as opposed to traditional banking. However, building relationships with customers, establishing their needs and providing advice in terms of what the bank can realistically offer them, remains an important role of the banker. Naturally, the banker has to accurately process facts and figures and monitor accounts. Typically salaries start between £19,000 and £25,000, although in more senior roles, there is potential to earn between £50,000 and £100,000.
It is worth pointing out that despite the changing role of the banker, jobs will always exist in this sector, so it is a relatively secure job to get into.
Alternative banking jobs include credit analysts, whose principal role is to formulate risk assessments of various lending proposals. This is done through the examination and analysis of financial documents. Although a strictly finance based degree is not essential for this job, it may improve your chances of a successful application. Salaries start between £22,000 and £35,000, and will increase to between £35,000 and £50,000 with 3-5 years experience. Senior credit analysts can expect to earn between £50,000 and £80,000.
For more specific information, you may want to take a look at our Investment Banking Jobs section. Audit Jobs and Accounting Jobs may also be of interest to you.