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How much does a Bank Consultant make?

The average salary for a Bank Consultant is $54,066 per year in the US.

A Bank Consultant works with banks to help them improve their operations and services. These professionals often make a good salary because of the important work they do. The average yearly salary for a Bank Consultant is around $54,066. This salary can change based on many factors.

There are many things that can affect a Bank Consultant's salary. These include years of experience, the size of the bank, and location. Here are some more details:

  • 10% of Bank Consultants make less than $41,250 per year.
  • 25% earn between $41,250 and $49,541.
  • 50% earn between $49,541 and $82,705.
  • 75% earn between $82,705 and $99,286.
  • 90% earn less than $124,159.

View Bank Consultant jobs nearby

What are the highest paying cities for a Bank Consultant?

Bank consultants can find great job opportunities in Phoenix, AZ, where the average salary is about $50,891. This makes it an attractive city for professionals seeking higher pay in the banking sector. Similarly, Honolulu, HI offers a competitive average salary of around $46,063 for these roles, making it another good option for those looking to advance their careers. Prospective job seekers should consider these cities for their strong job markets and good compensation packages. Both Phoenix and Honolulu provide valuable career growth opportunities in the banking field.
Graph displaying highest paying cities salaries for Bank Consultant jobs, highlighting Phoenix, AZ with the highest at $50,891 and Honolulu, HI with the lowest at $46,063.
  1. Phoenix, AZ
    Average Salary: $50,891
    In Phoenix, a financial expert plays a key role in advising clients about their banking needs. Companies like Wells Fargo and Bank of America offer strong opportunities. Working in this city means supporting clients with loans, investments, and financial planning.
    Find Bank Consultant jobs in Phoenix, AZ


  2. Honolulu, HI
    Average Salary: $46,063
    In Honolulu, a banking expert helps people navigate their financial futures. With banks such as Hawaiian Bank and First Hawaiian Bank, professionals find good chances to build client relationships. This job involves guiding customers through banking products and financial services.
    Find Bank Consultant jobs in Honolulu, HI

What are the best companies a Bank Consultant can work for?

Bank Consultant jobs can lead to great pay with the right company. Accenture tops the list with an average salary of $132,450. First Hawaiian Bank and FlagStar Bank also offer competitive pay, at around $45,530 and $44,375 respectively. Magnifi Financial provides an average salary of $43,005. These figures highlight the importance of choosing the right company for a lucrative career.
Graph displaying best paying company salaries for Bank Consultant jobs, highlighting Accenture with the highest at $132,450 and Magnifi Financial with the lowest at $43,005.
  1. Accenture
    Average Salary: $132,450
    Accenture offers Bank Consultant roles that focus on providing top-notch consulting services. They work with clients globally, including locations like New York, Chicago, and San Francisco. Consultants help with strategic planning, risk management, and improving financial operations.


  2. First Hawaiian Bank
    Average Salary: $45,530
    First Hawaiian Bank hires Bank Consultants to assist in improving banking services. They work in locations such as Honolulu, Los Angeles, and San Diego. Consultants focus on enhancing customer experience and financial solutions.


  3. FlagStar Bank
    Average Salary: $44,375
    FlagStar Bank offers Bank Consultant positions that work on increasing efficiency and profitability. They operate in locations like Detroit and Las Vegas. Consultants help with financial analysis and process improvements.


  4. Magnifi Financial
    Average Salary: $43,005
    Magnifi Financial provides Bank Consultant roles to help clients with their financial needs. They serve areas such as Los Angeles and San Francisco. Consultants support with financial planning and customer service enhancements.

How to earn more as a Bank Consultant?

Becoming a Bank Consultant offers the potential for a rewarding career with attractive earnings. This role involves working closely with banks to enhance their services, manage risks, and improve operational efficiency. To maximize income in this profession, certain strategies can be very effective. Implementing these approaches can help consultants not only advance their careers but also boost their financial returns.

One significant factor for increasing earnings is gaining specialized certifications. Certifications such as Certified Public Accountant (CPA) or Financial Risk Manager (FRM) can enhance credibility and attract higher-paying clients. Another key element is building a robust professional network. Networking with other consultants, financial experts, and industry leaders can lead to more job opportunities and higher-paying roles. Experience also plays a critical role in earning potential. As consultants gain more experience and showcase successful projects, they become more valuable to potential employers and clients. Additionally, developing strong communication and problem-solving skills can lead to better client satisfaction and retention, which often translates to higher income.

Continuous education and staying updated with industry trends can further boost a consultant’s earning potential. Engaging in workshops, seminars, and courses ensures that consultants remain competitive in the job market. Lastly, leveraging technology and digital tools to improve efficiency can also lead to better performance and higher compensation. By embracing these factors, Bank Consultants can significantly enhance their earning potential.

  1. Obtain specialized certifications
  2. Build a strong professional network
  3. Gain more experience and showcase successful projects
  4. Develop strong communication and problem-solving skills
  5. Stay updated with industry trends and leverage technology

Currently 55 Bank Consultant job openings, nationwide.

How's the job market for a Bank Consultant in the US?

Learn what a Bank Consultant does, how to become one, and understand the job outlook. Get simple steps to start your career as a Bank Consultant today.
Position
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Bank Consultant
55 Job Openings