How Many Jobs Are Available In Major Banks?

Published on: 16 December 2022 Last Updated on: 20 February 2025

How many jobs are available in major banks? If this is something that you are searching for, then you have reached the right place.

There are a number of things that people search for when they look for a particular job or mode of employment. Some of the most important questions that people usually want to know when they are looking for a job are the availability of jobs and the salary and benefits of that specific career path.

If you are someone who wants to work in the world of banking, you might be searching for how many jobs are available in the major banks around the world. Keep reading till the end to learn more about the same…

What Is The Banking Industry?

The banking industry is one of the most competitive as well as the most growing sectors. Even though it may look like it, you do not have to sit in the bank and deal with the people coming in and out of it.

There are a number of types of jobs available in the banking sector. These jobs are directly related to the financial service sector. Therefore, there are a lot of levels when it comes to working in the banking sector.

In case you are searching for some of the types of jobs that are available in the banking sector, I have you covered. Here are some of the types of job roles that are available in the industry:

Bank Teller
Account Manager
Investment Representative
Investment Banker
Asset Manager
Financial Analyst
Investment Banking Analyst

While these are some of the job roles that exist in the line of banking, this is definitely not the entire list.

Answering The Question, “How Many Jobs Are Available In Major Banks?”

In case you were searching for the answer to how many jobs are available in major banks right now, you have found the destination. There are a number of banks in the world, and it is no wonder that there are a lot of vacancies in the world of banking.

In the world, there are approximately more than a million jobs available in the sector of major banking. In the United States, more than ten thousand people are working in banks. According to reports, there are 27,000 job vacancies.

Even though most of these vacancies are in the sector of customer service, there are many other jobs available. For example, some of the posts that are available to work for in the major banks are in marketing, finance, and even the department of human resources.

Take a look at some of these job roles in the banking industry and the number of vacancies:

JOB ROLES	NUMBER OF JOBS AVAILABLE
Banker	222,000
Bank Teller	405,000
Underwriter	97,000
Account manager	1,022,000
Loan officer	122,000

What Are The Best Paying Jobs In Major Banks?

Now that you know the answer to how many jobs are available in major banks, it is time for you to learn about the highest paying jobs in the banking industry.

Take a look at some of these best paying jobs in the banking industry:

1. Branch Manager

Salary: $50,000 to $68,000

The first one on the list of the best-paying jobs in the banking sector is that of a branch manager. In order to become a Branch Manager, you need to have strong leadership qualities. You should be able to motivate the ones who are working under you. You need to make sure that you are able to meet the targets and improve the overall functioning of the branch.

2. Loan Officer

Salary: $190,000 to $205,000

The role of a loan officer is to help people or their clients obtain loans from the banks. They are responsible for making sure that your loan is approved. They are also responsible for denying a loan and for analyzing the credit of the borrower.

3. Trust Officer

Salary: $145,000 to $156,000

If you are someone who is in search of competitive salaries and growth opportunities, then this is the one for you. The main job of a trust officer is to manage the financial services. In addition, they work to ensure that there are no issues regarding the taxes.

4. Financial Consultant

Salary: $68,000 to $72,000

If you become a Financial Consultant, you will have to provide effective guidance to the ones who are seeking it. In addition, you will be responsible for your clients and have to help them make the right decisions related to their finances.

5. Investment Banker

Salary: $65,000 to $ 75,000

If you are planning to become an investment banker, you will have to deal with the investment and other tasks related to the same for your bank. In addition, you will be responsible for analyzing the clients’ data and finances.

6. Underwriter

Salary: $85,000 to $95,000

In a bank, an underwriter’s role encompasses evaluating risk for insurance and loan applicants. Once approvals are granted, the underwriter takes on the task of determining premiums or repayment figures. Collaborating with loan officers, they contribute their expertise to assist the bank in making optimal lending decisions that mitigate risk.

7. Internal Auditor

Salary: $85,000 to $90,000

The role of an internal auditor revolves around evaluating the efficiency of the entire bank branch’s operations. Their primary responsibility involves ensuring that the branch’s processes adhere to the diverse regulations and procedures governing the banking industry. After analyzing financial reports and performing risk assessments, the internal auditor communicates their findings to the bank manager and offers guidance on potential courses of action.

8. Credit Analyst

Salary: $60,000 to $70,000

A credit analyst employs their skills to evaluate the creditworthiness of an applicant. This involves determining whether an individual or business seeking a credit account can adhere to the bank’s offered terms and repay the amount. The credit analyst recognizes the distinctions between applicant types and uses this insight to make an informed decision.

9. Mortgage Banker

Salary: $55,000 to $65,000

Upon receiving new mortgage applicants, the mortgage banker evaluates them to determine the viability of approving their mortgages. This assessment involves analyzing the applicants’ financial information and leveraging their regulatory expertise to ensure that the application aligns with established standards.

10. Bank Clerk

Salary: $30,000 to $40,000

The responsibilities of a bank clerk primarily revolve around managing transactions conducted within the branch. This role encompasses cash handling, including assisting customers with deposits and withdrawals. Additionally, bank clerks often engage in customer service by addressing inquiries and resolving concerns regarding balances, products, and various banking-related issues.

Is Major Banks A Good Career Path?

Banking can be a very rewarding career path for individuals who are interested in finance, economics, and working in a dynamic industry. It offers opportunities for career growth, job stability, and the potential for lucrative compensation.

Roles in banking can vary widely, including areas such as retail banking, investment banking, risk management, financial analysis, and more.

However, it’s important to note that the banking industry can also be competitive and demanding, requiring strong analytical, communication, and problem-solving skills. As with any career choice, it’s advisable to research the industry, consider your strengths and interests, and weigh the pros and cons before making a decision.

Bonus: How Many Jobs Are Available In Commercial Banks?

The commercial banking sector currently boasts over ten thousand job openings, exclusively in the United States. According to data from the U.S. Bureau of Labor Statistics (BLS), the nation employs a staggering 1.9 million individuals within its commercial banks.

The BLS reports a decline in job opportunities within the commercial banking industry by an average of 7% since 2016. This decrease can be attributed to the surge in online banking popularity among customers. Nonetheless, despite this shift, the sector remains on a growth trajectory.

Frequently Asked Questions (FAQs):

Take a look at some of these questions that readers who are searching for in the number of jobs available in the banking industry look for. You might learn more information about the same from these:

1. What Is The Most Secured Job In The World?

Ans: While there are a number of jobs available in the world across several sectors, if you are looking for the most secure jobs, the answer always is the healthcare industry. Job roles like the doctors, anesthesiologists, and nurses are the most secure.

2. What Is The Highest Paying Job?

Ans: The highest paid job belongs to two different sectors or industries. For example, while the surgeons from the healthcare industry earn almost $210,000 annually on an average, data scientists and blockchain developers are also earning a lot, with their average salary being $200,000 annually.

3. What Is The Salary Of Elon Musk?

Ans: The average monthly salary of Elon Musk is more than $200 million dollars. He is not only the SEO of TESLA but also of SpaceX and Twitter. This makes him one of the highest paid employees in the world.

Wrapping It Up!

The banking industry is one of the fastest-growing and the most secure job sectors in the world. They not only provide exposure but also come with a lot of additional benefits. There are more than a million jobs that are available in the major banks at present.

In case you want to know how many jobs are available in major banks, I hope that this article has been of help to you. If there are any other ways in which I can help you, feel free to write them down in the comment box below.

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Ankita Tripathy

Ankita Tripathy loves to write about food and the Hallyu Wave in particular. During her free time, she enjoys looking at the sky or reading books while sipping a cup of hot coffee. Her favourite niches are food, music, lifestyle, travel, and Korean Pop music and drama.

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What Do Consumer Services Jobs Pay? A Detailed Salary Breakdown

Is consumer service jobs a good career path or not? , you have landed in the right place If you have the same question. Firstly, consumer services are only one of the preferred areas where people try to start their careers. However, we must take a look at it and explore the opportunities that it has to offer. This particular sector has a lot to offer, which can help you achieve career growth while earning the utmost potential for a great future. Consumer service jobs play a vital role in an excellent economy. It also helps provide all kinds of necessary services for individuals while providing significant support to most industries. Besides, consumer services play a significant role in the overall GDP or gross domestic product. Moreover, employment opportunities for millions of people. In this blog, we will discuss consumer services and what consumer services jobs pay. I will also provide examples of consumer service jobs that can help you grow in your career. The concept of consumer service jobs Consumer services are known for some activities designed to meet the personal needs of consumers. There are industries such as retail, hospitality, finance, education, telecommunications, etc., which are highly focused on consumer services. Consumer services put their focus on providing better convenience as well as supporting all the daily activities. These experts use human resources, technology, and computers to assist all the customers. The primary aim of all consumer services is to meet two things: the needs and expectations of the consumers. Various industries provide services that are beyond the customer's abilities. In the following few sections, I will discuss a few examples of consumer services industries along with the top 7 consumer services jobs. Examples of consumer services industries The consumer services industries are vast in numbers. They include the services provided by various hotel companies, personal insurance, education, healthcare, recreation, catering, home maintenance, etc. Here, I have provided some of the examples: Education Education is a service that provides help to students of all ages, backgrounds, and academic levels. The primary aim is straightforward: to meet learning needs. Mainly, an educator prefers using many teaching methods like lectures, storytelling, and experiments, which help the students learn. As a result, students can benefit a lot from education. They start to develop new talent, gain a lot of knowledge, improve their communication, and learn to think critically. If you are looking for a consumer service job in the education sector, here are some examples: School teacher: For elementary level High school teacher College professor Adjunct Professor Legal In the legal industry, consumer service includes helping anyone who needs legal assistance. The legal service providers typically help others by assisting in court. Moreover, this may include representing a person in court or helping an individual while dealing with police authority. In the following, I have listed a few legal services careers for great future opportunities: Lawyer Public defender Police officer Detective Paralegal service providers Medical Medical services comprise anything that is related to the healthcare sector. In general, the healthcare services are segregated into four parts: Diagnosis and treatments Disease prevention Health promotion Rehabilitation. Doctors, nurses, and other healthcare providers are responsible for providing medical services to patients. The professionals who work in the healthcare industry are: Pediatrician Nurse Emergency medical technician Surgeon General Physician Psychiatrist Technology Information technology or IT falls under the consumer service jobs. As an expert in the technology industry, individuals may provide all kinds of technology-related resources. The IT specialist mainly provides services such as developing, designing, maintaining, and supporting various web applications. Moreover, they work on different computer networks, help you troubleshoot systems, and install computer programs. The technology services include: Software developers IT consultants Network engineers Technology service managers Restaurant Restaurants are known as the most common ground for consumer service jobs. Furthermore, this industry offers many services that ensure better loyalty and satisfaction. The services mainly include food, drinks, and dining experiences. The primary aim of the service providers is to maintain a clean ambiance to increase customer engagement further. In the following, I am going to provide some of the positions that are considered consumer jobs in the restaurant industry: Sous Chef Sommelier Chef de partie Dining server Executive chef Restaurant manager Top 7 consumer service jobs and how much do they pay Consumer service jobs seek great people skills. If you are good at that, then consumer service jobs are the one for you. As I have mentioned before, you will find consumer service jobs in almost every industry, such as healthcare, retail, etc. The field has high-paying jobs with a lot of future opportunities. Moreover, as a consumer service provider, you will cater to customers and focus on improving customer satisfaction. Now, you might be wondering what consumer services jobs pay and how much they pay. Here are some of the best roles you can pursue if you want a career in consumer services. Receptionist Firstly, as a receptionist, you will be the first contact person for the visitors and customers of your workplace. Average salary: $47,431 per annum Responsibilities: Greeting all the guests in a polite and friendly manner Providing guiding visitors to the right person or a department. Making schedules Keeping the records updated Managing all kinds of administrative tasks Answering essential phone calls and connecting them to the correct department. Client service manager Second, a client service manager provides services as the first contact for a business client. They focus on maintaining a good relationship with both existing and new clients. Average salary: $69,411 per annum Responsibilities: Understanding the needs and expectations of consumers. Providing better customers and guiding the clients Managing client relationship Onboarding clients and collecting feedback. Checking if the clients are satisfied with the services or not. Front desk manager A front desk manager is responsible for managing every front desk operation as well as staff at a business. Average salary: $52,507 per annum Responsibilities: Managing reservations and bookings Coordinating with different departmental staff Addressing customer complaints and managing them Answering phone calls and emails. Making schedules for employees. Help desk analyst When you are working as a help desk analyst or a technical support representative, you become an essential part of the IT team of an organization. Average salary: $48,771 per annum Responsibilities: Providing technical assistance Resolving all kinds of system-related issues Addressing and resolving technical issues over emails and phone calls Performing maintenance for the back end. Troubleshooting issues related to hardware and software Flight attendant As a flight attendant, your primary focus will be to ensure the safety and comfort of all the passengers while traveling by air. Average salary: $39,448 per annum Responsibilities: Greeting all the airline passengers during boarding Performing a proper safety check to ensure passengers’ safe journey Keeping the passengers educated about the emergency and safety protocols Helping all the passengers find their designated seats Addressing customer queries and resolving issues Even planner The event planner job role falls under the hospitality industry. As an event planner, you are supposed to execute events like corporate parties, events, weddings, etc. Average salary: $47,052 per annum Responsibilities: Understanding the needs and wants of clients Finding suitable venues and booking places. Keeping a good partnership with vendors to organize events. Managing both budgets and timelines. Managing logistics related to catering, entertainment, and decor. Patient Coordinator Lastly, the patient coordinators are responsible for overseeing patient care and related services, communicating with patients, managing patient appointments, and lastly, ensuring proper care. Average salary: $50,000 Responsibilities: Making schedules for patients based on the availability of doctors Handling the process of insurance verification Addressing patient queries during billing Managing patient records. Wrapping it up! In conclusion, the blog has explored different kinds of high-paying customer service jobs. From the client service desk to the patient service coordinator, we discussed each role along with the average salary for each role. This blog will help you stay informed about consumer service jobs and what consumer services jobs pay. If you want to learn more about consumer service roles, please let us know in the comment section. Happy job hunting! Read Also: How Many Jobs Are Available In Consumer Services? What Is a Remote Job? Everything You Need to Know

Best Paying Jobs In Consumer Non-Durables

Are you looking for a job in the consumer non-durables industry? This industry is booming with new firms, which all have different products to sell. Since non-durables are always in demand, it's essential to learn what are the best paying jobs in consumer non-durables industry. To learn about which jobs to pursue in this industry, read this guide below. Is Consumer Non-Durables A Good Career Path? Yes, getting some of the best paying jobs in consumer non-durables industry will make your career pretty bright. This is because most firms in this industry give several employee benefits and perks that are of great use. In addition, this industry will never go out of business since consumer non-durable products will always be in demand. Best Paying Jobs In Consumer Non-Durables Some of the best paying jobs in consumer non-durables that you can pursue from now on are: 1. Quality Assurance Manager Annual Average Salary In The USA: $120,000 To get more sales and help your business earn more, all your products need to be of the best quality. Therefore, to ensure that the production cycle has no defects in them, a Quality Assurance Manager is required. If you get this job, you will need to oversee the production process and ensure that high-quality goods are created. To get this job, higher degrees are required, like an MBA. Additional skills need you to be inventive and have a keen eye for detail. This is required to identify any faults in the production process and also come up with new means of improvement. 2. Human Resource Manager Annual Average Salary In The USA: $110,000 It’s common knowledge that no business can be run by only one person. You need a team (or teams) of professionals to ensure that work gets done. Otherwise, no products or services will be generated, and no sales and revenues will be earned as well. Therefore, to organize and manage them all, businesses require a Human Resource Manager. As an HR manager, you need to recruit new professionals, train them in their jobs, and keep them onboard. You decide their salaries and wages, along with what company policies they need to follow as per Federal regulations. 3. Information Security Analyst Annual Average Salary In The USA: $95,000 As an Information Security Analyst, you need to keep all computers and connected networks running efficiently. This is more useful for bigger businesses where every employee has their own workspace and computer, connected to a singular network. The importance of this job has increased since the advancements of computers and the internet, hacking has become easier. To protect the data of the business and all its employees safely, IT security analysts should be on board. You need a good degree in computer-related fields, especially in data security. This is a tough job to get since you will face stiff competition here. 4. Food And Beverages Manager Annual Average Salary In The USA: $90,000 In the food and beverages industry, ensuring that your employees get the best food for lunch is key to helping them work better. After all, an employee with an empty tummy is often the worsts one! A Food And Beverages Manager ensures that cafeteria services provided by your firm for employees are healthy and tasty. Taking care of the health of employees is essential here. This is because they are the workforce of the business that helps in earning revenue. This is one of the best paying jobs in consumer non-durables industry. 5. Financial Analyst Annual Average Salary In The USA: $85,000 Calculating your sales and revenue earned is necessary to analyze your financial standings at the end of a fiscal year. In addition, businesses also need to calculate what their total expenses are and how much it costs to run the business. These calculations are all done by the Financial Analyst of the company. Apart from calculating expenses and revenues, a financial report will give key insights into what’s performing well on the market. Looking at your reports, the directors will be able to make better decisions as to spend more on production or marketing to earn more. To get such a job, you need to have a good accountancy-related degree. An MBA will also do for higher, strategic positions. 6. Chemical Engineer Annual Average Salary In The USA: $80,000 In the production of chemical; based goods, having a Chemical Engineer on board is necessary. This is essential for firms in the pharmaceuticals and energy industries. Your job as a Chemical Engineer is to ensure that the right materials are used in the production process. You need to have a good degree, like a Major in Physics or Chemistry, for this job. In addition, you must be updated with all the latest trends related to the production of good and their uses. 7. Medical Sales Representative Annual Average Salary In The USA: $80,000 Pharmaceutical companies are in need of Medical Sales Representatives to ensure that their products are sold in bulk. In this industry, retailers and wholesalers will not directly come and buy your products. First, you need to influence them with your marketing tactics to buy your medicines. Therefore, you need excellent communication and marketing skills to be a Medical Sales Representative. In addition, you also need good knowledge regarding the medicines you are selling to make the best pitch to clients. This is one of the best paying jobs in consumer non-durables industry. 8. Digital Designer Annual Average Salary In The USA: $72,000 Marketing your products is essential in the consumer non-durables industry. Therefore, you need someone to digitally design the products and their packaging elements first to pitch in design ideas to the directors. This creative task is handled by the Digital Designer of the firm. To become a successful Digital Designer, you need to have excellent digital designing skills in 3D modeling products. For this, you need proper knowledge of the products manufactured, your branding strategies, and the latest design trends. Additionally, you need a strong portfolio of digital designs to show HR before you get the job. 9. Restaurant General Manager Annual Average Salary In The USA: $70,000 If you want a job in the hospitality sector of the non-durables industry, then you can aim to become a Restaurant General Manager. Here, your role will be to manage a restaurant, from managing its cooks and waiters to providing the best service to diners. Satisfying the needs of all customers is essential. Therefore, you must oversee the process pf cooking and presenting the dishes. In addition, you also need to deal with customer requests and grievances to better your services. A hotel management degree quill suffix to get this job. 10. Creative Director Annual Average Salary In The USA: $140,000 No matter what non-durable product you are selling, it needs to be made first. Therefore, why not build new ideas to develop new products for your company? As a Creative Director, you will be responsible for the creation of the product, along with managing its sales processes. For this role, a higher degree in business management is required, like an MBA. In addition, you also need some core skills like great communication, in addition to perfect management and organizational skills. As a Director, you will be responsible for managing a team that creates new products according to market trends and consumer demands. Read More: How To Move Your Career In Social Media Marketing Up A Gear? Frequently Asked Questions (FAQs): Answers to questions related to the best paying jobs in consumer non-durables industry are: Q1. What Careers Have A Lot Of Free Time? Some of the best careers with a lot of free time are:➊ Teachers➋ Dentists➌ Librarians➍ Professors➎ Pilots Q2. What Is A Low-Stress High-Paying Job? Some of the best low-stress high-paying jobs are:➊ Mathematician➋ Political Scientist➌ Astronomer Q3. How Fun Are High-Paying Jobs? It’s a general rule of thumb that the higher your job pays, the less fun it will be. This is because you will need to work more and earn more, with very little time to socialize. Conclusion There are various best paying jobs in consumer non-durables industry. These range from being a digital designer to a financial analyst and even the creative director of a firm to oversee the production process. Why don’t you comment on which job you are interested in? Also, read more such guides here at Content Rally! Read Also: Best Paying Jobs In Energy Best Paying Jobs In Electric Utilities Central Are Commercial Banks A Good Career Path?

What Is the Chain of Survival?

When it comes to administering first aid to people, it is always best to leave it to professionals. However, there are certain instances when you simply cannot, or should not wait for them to arrive. There are some studies which show just how important it can be to administer first aid to a person until professionals arrive. First aid experts at Advanced Healthcare Education share with us what the chain of survival is and why it is so important, that it is taught in all health courses approved by the American Heart Association. What Is the Chain of Survival? In the simplest terms, the chain of survival is a string of important actions which need to be taken in order to maximize the likelihood of survival of a person who experienced a cardiac arrest or similar problem. If you know what the links in this chain are, you are far more likely to be able to help someone, no matter if you have any medical experience or not. Links of the Chain: The first and perhaps most important step in the process of saving someone’s life is recognizing that there is an emergency and that action needs to be undertaken. If this ever happens to you, you need to call 911 immediately. Even if the situation turns out to be less critical than you originally thought, it is always better to be safe than sorry. If you are at a place which has an automated external defibrillator, have someone bring it to the person in distress. CPR and Chest Compressions: Once the emergency services have been alerted to the situation, the first link of the chain has been completed. However, this is not where your help ends. If you have any BLS training, you can actually administer CPR and chest compressions. Even if you are not skilled in basic life support, the 911 operator can guide you through it and you can greatly improve the chances of a person’s survival until help arrives. You should continue with CPR until professionals arrive. Rapid Defibrillation: If you have an automated external defibrillator (AED) at hand, it is another step you can take in order to help a person in distress. The machine needs to be placed next to the person you are helping. There are clear visual and audio instructions on the device itself which will help you attach the machine to the patient. The machine itself will inform you if the shock is required. If so, make sure nobody is touching the patient and administer the shock. Some of these machines can actually help you administer proper CPR and chest compressions. Basic and Advanced Care: This fourth step in the chain refers to the trained medical professionals who should be able to provide not only the basic medical support you could but also more advanced treatment, such as administering medication. Additionally, medical professionals are trained in advanced respiration procedures which can help provide oxygen to the patient even if they are unconscious and not breathing on their own. However, in order for the medical professionals to respond to an emergency, the first link of the chain is crucial – someone needs to contact emergency services. Advanced Life Support: Finally, advanced life support is largely left to the professionals. If the situation with the patient is that critical, the patient needs to be taken to the hospital where a team of different medical professionals can take care of them. Even though you can help someone without any medical training, you can be much more effective if you have simple BLS training. This course is relatively simple, but it instills some of the crucial points about saving lives, including the chain of survival. Read Also: Seeking A Healthy Career: 10 Tempting Medical Careers To Check Out

How Many Jobs Are Available In Major Banks?

What Is The Banking Industry?

Answering The Question, “How Many Jobs Are Available In Major Banks?”