How To Become A Commercial Banker: What It Is and Career Path - Zippia (2024)

Key steps to become a commercial banker

1. Explore commercial banker education requirements

   The educational requirements for a commercial banker are a bachelor's degree in business, finance, economics, accounting, or management. According to John Doe, a banking industry expert, "a degree in these fields provides a strong foundation in financial principles and practices, which is essential for a successful career in commercial banking." Additionally, a master's degree can further enhance a commercial banker's career prospects. However, it is not always necessary, as many commercial bankers hold only a bachelor's degree.

   Most common commercial banker degrees

   Bachelor's

   77.0

   %

   Master's

   14.5

   %

   Associate

   5.1

   %

2. Start to develop specific commercial banker skills

   A commercial banker's role involves taking charge of loan origination and credit analysis with assurance of quality service to credit union members. They also expand customer relationships by uncovering additional needs and introducing additional banking products. They process client wire and automated clearinghouse transfer requests daily and manage portfolios consisting of agricultural loans and commercial loans. They conduct financial analysis for all business credit requests, report findings to underwriting and senior management, and make decisions on credit.

   Skills	Percentages
   Customer Service	8.79%
   Business Development	8.04%
   Treasury	7.88%
   Commercial Banking	6.65%
   Client Relationships	5.55%

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3. Complete relevant commercial banker training and internships

   Accountants spend an average of 6-12 months on post-employment, on-the-job training. New commercial bankers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a commercial banker based on U.S. Bureau of Labor Statistics data and data from real commercial banker resumes.

   See Also

   Commercial Banker Career ProfileHow Do Commercial Banks Work, and Why Do They Matter?Is Commercial Banking a Good Career Path?8 Services That Commercial Banks Offer Your Business

4. Research commercial banker duties and responsibilities

   Commercial bankers are responsible for loan origination and credit analysis, expanding customer relationships, and managing portfolios. They conduct financial analysis, identify cross-selling opportunities, and process wire and automated clearinghouse transfer requests. They also maintain up-to-date knowledge of banking products and monitor past due accounts. They analyze financial statements and perform risk assessments, and coordinate with internal departments to resolve customer issues.

   • Establish leads by building upon existing clientele and developing relationships with major centers of influence including CPA's and attorneys.
   • Manage and develop commercial lenders and administrative assistants.
   • Manage commercial customer portfolios by using profile analysis to identify cross-sell opportunities to sell other products and services.
   • Manage origination initiatives associate with business accounts, treasury products, and loans while adhering to bank compliance procedures.

5. Prepare your commercial banker resume

   When your background is strong enough, you can start writing your commercial banker resume.

   You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a commercial banker resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

   Choose From 10+ Customizable Commercial Banker Resume templates

   Build a professional

   Commercial Banker

   resume in minutes. Browse through our resume examples to identify the best way to word your resume.

   Then choose from 10+ resume templates to create your Commercial Banker resume.

   

   

   

   

   

   

   

   

   

6. Apply for commercial banker jobs

   Now it's time to start searching for a commercial banker job. Consider the tips below for a successful job search:

   1. Browse job boards for relevant postings
   2. Consult your professional network
   3. Reach out to companies you're interested in working for directly
   4. Watch out for job scams

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The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.