Popular Careers

Commercial Bank Officer

Careers » Finance » Commercial Bank Officer


Commercial banking officers who sometimes called commercial bankers can be employed in any department in a bank or financial institution. Their defining characteristic is that they have legal authorization to sign documents on the behalf of the institution for which they work.

Commercial banking officers serve a leadership role as the go-to person for employees in their respective departments. In addition they forge relationships between employees in their own and in other departments. They are in charge of attracting new customers both individuals as well as businesses and doing credit analyses when they apply for loans. Ideally they maintain a portfolio of loans for clients with a range of credit ratings.

Commercial banking officers have college degrees usually with courses in business administration accounting and finance. However those with graduate education in business administration or economics have an edge. Oftentimes commercial banking officers start out as trainees during which time they participate in management training programs seminars or classes offered by divisions of the American Bankers Association.

After they complete this training they are given a higher level of responsibility. In some cases a bank will pay tuition so an up-and-coming commercial banking officer can get additional postgraduate education.

According to the Bureau of Labor Statistics job prospects for commercial banking officers are moderately positive because more banks are opening local branches. The average salary for this career depends on the size of the bank but is approximately $89000. In addition there are usually bonuses and commissions as well as paid holidays vacations health and life insurance pension benefits. Commercial banking officers in some jobs also participate in profit sharing plans.

Common Names: Commercial Bank Officer, Commercial Banker, Bank Officer, Bank Manager, Commercial Banking Manager

Avg. Salary*: $89,000

Salary Range*: $79,000 - $99,000

Job Tasks:

  • Signs documents on behalf of the bank.
  • Develops business relationships with bank patrons.
  • Attempts to attract new customers to their bank.
  • Manages bank employees.

Other Online Resources:

The salary information contained on AllStarJobs is given in good faith and we use all reasonable efforts to ensure that it is accurate. However, we give no representation or warranty in respect of such information and all such representations and warranties, whether express or implied, are excluded.

Finance Schools

Matching School Ads

 

Touro University Worldwide

  • Non-profit university accredited by WASC Senior Commission
  • Professors with real-world experience and student centered approach
  • Flexible, fully online degree programs responding to the market needs
  • All courses are offered six times a year with clear path to completion and reduced time-to-degree
  • No additional costs for textbooks or other fees
  • Personal support from application to graduation leading to high retention and graduation rates

Rutgers Business School

A Rutgers business education prepares students for success – not just in their chosen fields but also in their lives. From our comprehensive undergraduate courses to our highly rated MBA program, a Rutgers education is a life-changing experience that gives the student the skills and knowledge to compete globally while broadening their appreciation for how the world works. Many describe it as one of the most rewarding experiences of their lives – professionally and personally.

Ohio Christian University

Pursue your education at Ohio Christian University. Take classes online or on campus. Pursue your degree to help you start the career you want. Learn more now.

Fortis Institute

Fortis Institute can give you the skills you need to train for a career in the healthcare field.

* Programs vary by location

* Please contact each individual campus for accreditation information


Centura College

Centura College, with campus locations in Virginia, South Carolina and Florida, is dedicated to helping students gain the skills and attitudes necessary to succeed. Drawing from over 30 years of career school experience.

CBT College

CBT College has a vast variety of degrees that cater to any individual’s interest or schedule. Choose to complete your degree from our School of Business, School of Technology, School of Allied Health, School of Modern Arts or the School of Languages. Our applied teaching approach and hands on training, prepare students to become dominant figures in the global marketplace.

Programs:

Locations:

Virginia College

The goal of Virginia College lies in its responsibility to its students, the technical and business communities, and the general citizenry. We have a long history of offering new direction to students.

Locations:

 

Matching School Ads

Find Your School

Search Degrees & Programs
go

Addiitonal Options Below: