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Bank Broker Jobs in Michigan (NOW HIRING)

First Merchants Bank is seeking a Financial Advisor to join our team! This position will facilitate ... Process security transactions through the designated broker/dealer as requested by clients.

First Merchants Bank is seeking a Banking Center Manager to join our team! This position will focus ... brokerage, merchant processing, treasury management, etc. * Ensure banking center team and partners ...

Virtual Financial Consultant

Troy, MI · On-site

$70 - $110/hr

... Bank retail partners, proactive outreach, and ongoing client relationship deepening.Identifies ... Experience with brokerage or advisory platforms such as LPL Financial, Raymond James, or similar ...

Customs Brokerage Coordinator

Kimball, MI

$17.25 - $23/hr

Resolve banking and letter of credit problems. Advise customers on payment terms. Obtain payment on ... HS Diploma or GED required. 6 months of brokerage or transportation experience and/or customer ...

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Bank Broker information

See Michigan salary details

$22.2K

$58.1K

$102K

How much do bank broker jobs pay per year?

As of Aug 26, 2026, the average yearly pay for bank broker in Michigan is $58,115.00, according to ZipRecruiter salary data. Most workers in this role earn between $41,800.00 and $65,400.00 per year, depending on experience, location, and employer.

What is a bank broker?

Bank brokers are financial professionals who act as intermediaries between clients and banks, helping customers find and secure financial products such as loans, mortgages, or investment opportunities. They analyze clients' financial situations and recommend suitable banking solutions, often comparing offers from multiple banks to ensure the best fit. Bank brokers are knowledgeable about market trends, interest rates, and financial regulations, allowing them to provide valuable advice to both individuals and businesses. Their services can save clients time and money by navigating complex banking products and negotiating favorable terms.

What are some common challenges bank brokers face when balancing client interests with regulatory compliance?

Bank Brokers often navigate the challenge of serving clients’ financial goals while strictly adhering to regulatory and ethical standards. This requires staying up to date with financial regulations, performing thorough due diligence, and maintaining transparent communication with clients about investment risks and product suitability. Bank Brokers must also manage potential conflicts of interest, ensuring their recommendations are in the client's best interest while meeting organizational guidelines. Success in this aspect relies on strong ethical judgment, detailed record-keeping, and continuous professional development.

What are the key skills and qualifications needed to thrive as a bank broker, and why are they important?

To thrive as a Bank Broker, you need a solid understanding of financial markets, investment products, and regulatory compliance, typically supported by a relevant degree and required financial licenses (such as Series 7 or 63). Proficiency with trading platforms, portfolio management software, and financial analysis tools is essential. Strong interpersonal skills, negotiation abilities, and ethical judgment help build client trust and drive successful transactions. These skills and qualities ensure effective client service, regulatory adherence, and profitable portfolio management in the fast-paced banking sector.

How much do bank brokers make a year?

Bank brokers typically earn between $50,000 and $150,000 annually, depending on experience, location, and performance. Compensation often includes commissions and bonuses based on sales and client acquisition, and strong communication skills are essential for success in this role.

How to become a bank broker?

To become a bank broker, you typically need a bachelor's degree in finance, economics, or a related field, along with strong sales and communication skills. Licensing requirements often include passing the Series 7 and Series 63 exams administered by the Financial Industry Regulatory Authority (FINRA). Gaining experience in banking or financial services and obtaining relevant certifications can improve job prospects.

What are popular job titles related to Bank Broker jobs in Michigan?

For Bank Broker jobs in Michigan, the most frequently searched job titles are:

What job categories do people searching Bank Broker jobs in Michigan look for?

The top searched job categories for Bank Broker jobs in Michigan are:

What cities in Michigan are hiring for Bank Broker jobs?

Cities in Michigan with the most Bank Broker job openings:

Infographic showing various Bank Broker job openings in Michigan as of August 2026, with employment types broken down into 79% Full Time, 20% Part Time, and 1% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $58,115 per year, or $27.9 per hour.

$200K - $250K/yr

Full-time

Posted 24 days ago


Job description

Benefits:
  • Uncapped Commissions
  • Flexible schedule
  • Training & development

Hybrid Role | Flexible Schedule | Unlimited Income Potential

Build a High-Income Career Helping Business Owners Buy and Sell Companies
If you’re relationship-driven, enjoy making creative business solutions, and motivated by uncapped earning potential, this could be the opportunity that changes your career trajectory.
At Transworld Business Advisors, you’ll work with business owners, buyers, investors, and entrepreneurs to help facilitate business sales and acquisitions. This is an opportunity to operate with the independence of business ownership while backed by one of the largest and most respected business brokerage networks in the world.
Why Professionals Join Transworld
  • Unlimited earning potential with a performance-based compensation structure
  • Hybrid flexibility with the ability to work from home and manage your schedule
  • Comprehensive onboarding, mentorship, and ongoing coaching
  • One week of professional training at corporate headquarters in Florida
  • Technology, CRM systems, marketing support, and automation tools provided
About the Opportunity
This role is ideal for professionals who thrive in consultative sales, business development, financial services, commercial banking, real estate, franchising, or entrepreneurial environments.
As a Business Broker / M&A Advisor, you’ll guide small and mid-sized business owners through the process of selling, buying, or acquiring a company. You’ll serve as a trusted advisor while managing negotiations, deal flow, buyer relationships, and transaction processes from start to finish.
The business-for-sale market continues to create strong opportunities for motivated professionals looking to build a high-income career with long-term growth potential.
Compensation Structure
This is a 100% commission-based opportunity, designed for professionals seeking:
  • Uncapped income potential
  • Control over their earning capacity
  • Flexibility and autonomy
  • A scalable long-term career path
Many successful advisors come from backgrounds where compensation was tied directly to performance, relationships, and business development success.
What You’ll Do
  • Generate and develop new business opportunities
  • Build relationships with business owners and buyers
  • Advise clients through business sale and acquisition processes
  • Market businesses for sale confidentially and professionally
  • Facilitate negotiations and deal structuring
  • Coordinate due diligence activities
  • Manage multiple active clients, deals, and prospects simultaneously
  • Network within the local business community to build referral partnerships
Ideal Backgrounds
We welcome professionals from industries and backgrounds such as:
  • Business Development
  • B2B Sales
  • Commercial Banking
  • Financial Advising
  • Commercial Real Estate
  • Insurance Sales
  • Franchise Ownership
  • Executive Leadership
  • Small Business Ownership
  • CPA / CFP / Legal
  • Project Management
  • Relationship Management
  • Consulting or Advisory Services
What We’re Looking For
  • Strong communication and relationship-building skills
  • High ethical standards and ability to maintain confidentiality
  • Self-motivated and creative business strategy mindset
  • Comfort with networking and consultative sales
  • Strong organizational and time-management abilities
  • Technology proficiency including CRM systems and Microsoft Office
  • Desire to continuously learn and grow professionally
About Transworld Business Advisors
Transworld Business Advisors is a global leader in business brokerage, mergers and acquisitions, and franchise consulting. We help buyers and sellers successfully navigate business transactions while providing professional guidance and support every step of the way.
If you’re looking for a career with flexibility, high-income potential, professional growth, and meaningful client relationships, we’d love to connect with you!

Flexible work from home options available.