Banking Resume Examples
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Other highly-requested resume examples are for loan officer, loan processor and mortgage loan officer. Looking for more banking job titles? Look no further, scroll down for our full list.
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Job Outlook
The future job growth in banking will vary depending on the position. According to the U.S. Bureau of Labor Statistics, an overall prediction of business and financial occupations is a 5% increase between 2019 and 2029.
Jobs in loan and mortgage banking are expected to increase 3%, which is as fast as the national average job growth. Financial analyst positions will also increase a solid 5%.
On the other hand, insurance underwriters and clerk and teller roles will experience a decrease of 6% and 15%, respectively.
Online banking and technological advances are responsible for replacing traditional banking duties executed by tellers.
No matter how the view looks for you, a resume is an indispensable tool for any banking job application, and JobHero has helpful tips on how to write an excellent resume.
3 Tips for Writing Banking Resumes
1. Choose the right format for your resume.
An exceptional resume is equal parts your professional experience and the correct industry-approved resume formats. You can have the most incredible work experience, but the way you organize it is what optimizes your resume.
Choosing the right format for your banking resume depends on many factors including your desired position, your personality and the amount of work experience you have.
This last factor is important to discern between the three resume formats: chronological, hybrid and functional.
The chronological format is ideal for experienced professionals with five or more years in one role, so if you’ve been an investment banker for quite some time, this format will highlight all your extensive knowledge.
For professionals with less experience, between three to five years, or those looking for a promotion, a hybrid format would work better.
If you’re a loan officer who has spent years gaining skills in all areas of banking and you want to become branch manager, a hybrid format will strike the perfect balance between your experience and relevant skills.
Banking has a lot of entry-level positions that don’t require a lot of education or previous training. For college students, recent graduates or people opting for a career change into banking with little to no experience, a functional resume can make your application shine.
The functional format shines a light on your skills to present you as a qualified candidate. Just make sure to include plenty of relevant or transferable skills such as money-handling, customer service, numeric skills, basic computer skills and problem-solving.
2. Promote your skills
The skills needed to get ahead in banking are plentiful and diverse. Being good with numbers is essential to the industry, but there’s a place for any professional to thrive.
Take a look at this sweeping list of common skills needed from banking employees:
Bankers need to be professionals with the technical knowledge to perform complex financial tasks, and have good interpersonal skills to deal politely with multiple clients per day.
Choose from six to eight varied skills that show you’re a well-rounded banking professional.
3. Use a template to make your resume look professional.
Working in banking requires the utmost professionalism from all of its employees. It’s a much more serious environment than others, and your resume must convey that as well.
That’s where JobHero’s resume templates come in and help you enhance the best parts of your resume.
JobHero templates offer clean and professional layouts fit for banking positions such as bank accountant or loan consultant. You can find traditional styles and fonts in our varied templates.
For professionals in banking we recommend one of the more traditional templates. You should also stay away from bold colors — you can’t go wrong with classic black and white.
The benefit of using one of our pre-formatted resume templates is knowing you’re not missing out on any key sections and that all of your information is impeccably organized.
Our templates were created with the input of industry experts, so you can be sure you’re getting the most appropriate resume template.
You can go one step further by using JobHero’s Resume Builder and get even more customization and exclusive resume-writing tips and tricks.
The builder offers personalized guidance based on your input, meaning that if you’re creating a bank manager resume, the builder will auto-suggest skills and relevant job duties to include in your work history.
Best of all, crafting a resume with the Resume Builder will only take you a few minutes, and you’ll be sending out resumes in no time.
FAQ
What should I put on my banking resume?
Before you get into any details, you need to make sure you’ve got the five main sections of all resumes: contact information, professional summary, work history, skills and education.
Going from there, you should understand the work history and skills is where you’ll include the bulk of your banking knowledge. Pack these sectionsem with useful information and write economically so you have space for all your important achievements.
One excellent way to strengthen your work history is by using numbers and percentages to illustrate your accomplishments. For banking job applications, this practice is crucial.
For example, the work history of a bank teller could include these quantifiable achievements:
Keep these metrics truthful and concise, and any hiring manager will be impressed with your performance and resourcefulness.
How do I list education on a banking resume?
Different banking positions will require different levels of education. Whether you’re a freshman in college or you’ve completed a finance degree or MBA, there is a standard way to list your education in a resume.
First off, you need to include the name of the most recent institution you have attended, its city and location, and the name of your degree.
Here’s an example for you:
Tulane University New Orleans, LA
Bachelor Degree, Finance
When it comes to dates, including them is no longer the norm so as to avoid any potential hiring bias issues.
Do include dates if you began college but have not completed your degree.
What qualifications do I need to work in banking?
There are different paths to get into banking and plenty of qualifications from which you can choose if you wish to work in financial services.
High school diploma or GED: For entry-level jobs such as financial clerks and bank tellers, most employers will only require you to have a high school diploma or GED. The employers will offer the necessary on-the-job training.
Bachelor’s degree: A bachelor’s degree in finance, business administration or some accounting coursework in college will definitely be more attractive to employers. These degrees are also essential for certain roles like loan officer, budget analyst, auditor or financial examiner.
Associate Degree: For individuals who want a faster approach to their education, many colleges and vocational schools offer associate’s degrees in banking or finance that focus uniquely on occupations in banking.
Postgraduate or MBA: Understandably, for more specialized positions, such as financial analyst, financial manager or investment banker, an MBA or a masters in finance are most likely to be required.
Certifications: There are plenty of certifications for working banking professionals looking to expand their skills or become specialized. For example, being a Certified Trust & Financial Planner is a valuable resume addition for any banker, broker, financial planner or tax specialist. Other certifications include the Chartered Financial Analyst (CFA), Financial Risk Manager (FRM), and more.
What kind of work experience should I put on a banking resume?
The work history in your resume should show you’re a serious individual. Try to stick to banking jobs you’ve had before, or positions where you’ve handled money or budgets.
If you’ve had experience as a teller, cashier, store manager or a supervisor, pinpoint the achievements that show your capability to work in a banking environment.
Remember that a resume doesn’t have to be a recounting of your entire professional experience. A lot of people assume that more work experience means hiring managers will think you’re more prepared.
However, with how quickly hiring managers go over resumes these days (around 6 seconds), you need to economize your content and include the most valuable information.
Preferably, choose your most recent jobs; this shows you’re a more mature worker with updated skills fit for today’s industry.
One thing to note if you’re choosing to only include jobs relevant to banking is not ending up with any gaps in your work history. Unaccounted years in your resume might raise questions on behalf of hiring managers.
If you need to explain any gaps in your career or your resume, there’s a practical document that should accompany all resumes: the cover letter.
Should I include a cover letter with my banking resume?
Definitely. A cover letter is the perfect document to talk about all the great things you couldn’t include in your resume.
For banking professionals, cover letters will be an important tool if you want to stand out from the big crowd that will apply to the position alongside you.
With a cover letter you can expand on any certifications you have gotten throughout your career or notable accomplishments.
For example, banking relations managers can make exceptional use of a cover letter to discuss at length the progression of important business relationships they maintained successfully.
Speaking of progression, banking is a phenomenal industry to move up the ranks, so a cover letter can come in handy by giving you space to sell yourself as an exemplary worker.
For example, if you want to show your boss you’re ready to go from teller to personal banker, check out JobHero’s cover letter examples and start showing all your amazing potential.