If you’re an aspiring professional without a degree, it may be challenging to find a job that pays $20 per hour or more. It’s a common misconception that you have to earn a college degree to find a well-compensated role. In fact, there are many roles available to candidates without degrees that pay well in a variety of industries.
In this article, we outline 30 job titles that pay $20 per hour or more that don’t require a degree.
Banking positions are some of the most lucrative and valuable jobs in the financial sector. A college education is often a prerequisite for these positions, but for some people, earning a degree isn’t an easy option. Learning what jobs are available without a degree can help you learn what desirable careers are openly accessible in this industry. In this article, we explore 30 excellent bank jobs you can get without a degree, their average salaries and primary duties.
Bank jobs without a degree worth pursuing
If you’re looking for a new financial job, consider these 30 bank jobs without a degree:
1. Accounting assistant
National average salary: $28,311 per year
Primary duties: An accounting assistant works closely with accountants to help prepare and organize financial statements, analyze data and ensure that clients comply with the law. They help prepare estimates and projections for clients, handle billing and collect payments. An accounting assistant may also work with bookkeepers and be responsible for minor duties, such as maintaining files.
2. Personal banker
National average salary: $32,273 per year
Primary duties: A personal banker provides assistance to clients with banking accounts and advises them about reaching financial goals. They may help their clients open new checking or savings accounts, request a credit card or take out a loan. A personal banker may also help clients get insurance and plan for retirement.
3. Bank teller
National average salary: $32,536 per year
Primary duties: A bank teller is responsible for handling several tasks within the bank, including accepting payments and deposits from customers and handling inquiries. They may keep track of the daily cash flow and ensure there’s enough money in the bank at all times. A bank teller also answers questions that customers may have and sends important information to the bank manager if necessary.
4. Payroll specialist
National average salary: $34,405 per year
Primary duties: A payroll specialist is responsible for monitoring and verifying all employees’ payroll payments. Their responsibilities can include organizing employee files, performing regular payroll functions, preparing employee year-end earnings statements and reconciling bank accounts. A payroll specialist also helps ensure taxes are paid and may get involved in tax audits if necessary.
5. Bill collector
National average salary: $34,490 per year
Primary duties: A bank’s bill collector helps the bank secure payment from delinquent customers. They may call delinquent account holders and ask them to make a payment. If the customer agrees, the bill collector provides them with an updated bill or collects money for regular payments. They may also work with legal teams if the customer doesn’t cooperate.
6. Office administrative assistant
National average salary: $36,262 per year
Primary duties: An office administrative assistant attends to the general needs of all employees, including taking messages and managing meetings. They take care of travel arrangements for bank employees, including booking flights and hotels. Office administrative assistants also handle general office duties, including filing documents and handling correspondence.
7. Bookkeeping clerk
National average salary: $38,466 per year
Primary duties: A bookkeeping clerk is responsible for keeping track of the bank’s financial data. They may be in charge of entering data into accounts, creating reports and monitoring budgets. Primarily responsible for administrative duties, a bank’s bookkeeping clerk ensures the accurate recording and reporting of all transactions.
National average salary: $41,367 per year
Primary duties: Receptionists work at a front desk and provide support to bank employees and customers. They may be responsible for reporting the entry and exit of guests from the bank or meetings, answering the phone and sorting mail. A bank’s receptionist may also schedule meetings and handle other light office duties.
9. Payroll administrator
National average salary: $46,669 per year
Primary duties: A payroll administrator ensures employees are paid correctly and on time. Their duties can include processing payroll, working with client companies to ensure they comply with labor laws and filing payroll reports when necessary. A payroll administrator also ensures the accuracy of any data entered into the system and checks it against employees’ payments.
10. Customer service representative
National average salary: $48,098 per year
Primary duties: A customer service representative works with various customers to provide information or resolve issues. They may be responsible for contacting clients regarding their accounts. They may also help them find the right banking product and resolve any issues that they’re facing.
11. Loan assistant
National average salary: $55,668 per year
Primary duties: A loan assistant reviews the components of a loan for approval. They usually review income documentation, debt information and credit reports to determine whether the client qualifies for the loan they’re considering. Once approved, a loan assistant helps facilitate any further steps in the process by organizing documents or assisting clients in getting pre-approved before shopping for homes.
12. Relationship manager
National average salary: $56,583 per year
Primary duties: A relationship manager provides support to larger accounts and ensures the retention and expansion of these accounts. They help find new commercial banking clients and structure, negotiate and manage these relationships. They may be responsible for validating large transactions or handling special requests.
13. Compliance officer
National average salary: $62,312 per year
Primary duties: A compliance officer ensures that all clients and employees comply with the law. They may be responsible for reviewing contracts and policies to ensure they’re current. They file regulatory reports when necessary and ensure security measures are in place at the bank. A compliance officer may also be in charge of auditing employees and clients, ensuring they follow all regulations.
National average salary: $179,092 per year
Primary duties: A loan officer helps clients determine whether they qualify for loans. Depending on their area of expertise, which may be real estate or financial, loan officers analyze property, financial and credit information to make recommendations to the lender and the client. They also work with clients to help them understand the loan process and create financial plans that work for their individual needs.