Do you think being a teller might be a good place to start your career?
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83JiIC
May 19, 2019
7 Comments
I'm currently taking a gap year off of college and have been working at a startup as an intern. I get to do some interesting stuff but I've heard that being a bank teller is also a good learning experience. Do you think this is true? I think it would teach me a lot about the finance industry? What does Blind think?
comments
There is no π© tier, but there is a problem in your behavior.
Tellers, unlike sandwich artists, have a career path that looks like this: Teller, relationship manager, private banker, financial analyst or to they can go the mortgage loan officer route or the commercial lending route.
These all lead to well paid jobs by normal people's standards (100k is achievable) but not high by tech industry standards or iBanking standards and what I'm describing if often a 20 year process.
Basically as a teller your goal is not to learn about finance, but to learn about people, what they need, and how to talk to them about it. Move from teller to the person who directs people to services (relationship manager is basically a teller with an office), and from there to private banker (a teller dedicated to a book of high net worth individuals) and from there to financial advisor (high net worth individuals now trust you to advise them). You could instead go into commercial lending or mortgage officer after relationship manager.