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Career Paths in Banking That Don’t Require College

Working in banking can be very lucrative. However, many jobs require expertise that usually involves a college education. Fortunately, there are banking jobs you can start at that don’t require extensive education and they can lead to eventual advancement.

Bank Teller

As a bank teller, you would be responsible for assisting customers with their transactions. This includes making withdrawals, cashing checks, processing payments, and checking balances. It involves a lot of interpersonal skills as you will working with people all day. Since most training is done on the job, you don’t need to worry about having prior experience and a majority of bank teller jobs generally require at least a high school diploma. Keep in mind, bank teller jobs can be stressful since you’re dealing with large sums of money. However, this job can be a great starting point if you hope to advance in the banking world.

Become a Mortgage Broker

Mortgage brokers work as intermediaries between those seeking mortgage loans and those who provide loans. Primarily, a mortgage broker works to find a good fit for the loan seeker. Usually, a mortgage broker does not use their own funds to finance a loan. While being a mortgage broker doesn’t require a college education, you still need to take the National Mortgage License System (NMLS) exam before getting started. You need to get a passing score of at least 75 percent before you can start selling mortgages. This test is difficult, and you may need to take it multiple times to get a passing score.

Financial Clerk

Being a financial clerk gives you plenty of opportunities for future advancement. This entry-level position offers on-the-job training with a minimum education requirement of a high school diploma. As a financial clerk, you would be doing administrative work. This includes processing transactions, reviewing financial documents, and updating records. You may also interact with customers and assist them with transactions. Some organizations will have more specialized job openings. For example, you can work as a game cage worker, but this will require more training.  

Banking is a specialized field that usually requires a degree, but that isn’t always the case. There are entry-level positions you can fill that will provide you with the necessary training. You can then advance in the field from there. Do some research to see if any of these jobs appeal to you.

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About the Author Miha Matlievski

Breaking taboo called FAILURE by talking openly about it, sharing my fail stories and lessons that I learned on my way back from hell. I had four successful companies that at one time all went bankrupt. You could say that I went from hero to zero. But I managed to survive! Down that road I became Fail Coach not by degree but by failing personally and professionally, learning from my failures and growing. If you are looking for a coach try not to find one with shiny diploma hanging on his wall but one that has personally gone to hell and back.

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