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Banking Jobs in Silver Spring, MD (NOW HIRING)

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Banking information

See Silver Spring, MD salary details

$11.3K

$84.1K

$124.2K

How much do banking jobs pay per year?

As of Aug 8, 2026, the average yearly pay for banking in Silver Spring, MD is $84,129.00, according to ZipRecruiter salary data. Most workers in this role earn between $63,400.00 and $123,700.00 per year, depending on experience, location, and employer.

What are the different careers in banking?

Banking offers a variety of careers including roles such as tellers, loan officers, financial analysts, branch managers, investment bankers, and risk managers. These positions require different skills, certifications, and levels of experience, and often involve working with banking software and customer service environments.

What is the difference between Banking vs Loan Officer?

AspectBankingLoan Officer
Required CredentialsHigh school diploma or equivalent; some roles require degrees in finance or related fieldsHigh school diploma; often requires licensing or certification (e.g., NMLS)
Work EnvironmentBank branches, offices, online platformsBank branches, client meetings, online communication
Employer & Industry UsageFinancial institutions, banks, credit unionsBanks, mortgage companies, lending institutions
Common Search & ComparisonGeneral banking roles, customer service, financial servicesLoan processing, mortgage lending, credit analysis

Banking is a broad industry encompassing various roles in financial services, while a Loan Officer specializes in evaluating and approving loan applications. Loan Officers focus specifically on lending processes within the banking sector, often requiring specialized licensing. Both roles are integral to banking operations but differ in scope and responsibilities.

What kind of jobs can you get in a bank?

Banking offers a variety of jobs including tellers, loan officers, branch managers, financial analysts, and customer service representatives. These roles often require skills in communication, math, and familiarity with banking software, and may involve working during standard banking hours in a branch or office environment.

What are the key skills and qualifications needed to thrive in banking, and why are they important?

To thrive in Banking, you need strong analytical abilities, financial acumen, and a background in finance, economics, or business, often supported by a relevant degree. Familiarity with banking software, financial modeling tools, and regulatory compliance systems is typically required. Excellent communication, integrity, and client relationship skills make professionals stand out in this field. These competencies are essential for managing financial products, ensuring compliance, and building trust with clients in a dynamic financial environment.

What are some common challenges faced by professionals working in banking, and how can they be managed?

Professionals in banking often encounter challenges such as meeting regulatory compliance, adapting to rapidly changing technology, and managing high expectations for customer service. Handling large volumes of sensitive financial data and staying updated with evolving financial regulations can be demanding. Effective time management, continuous learning, and strong communication within cross-functional teams are key strategies for managing these challenges. Many banks also provide regular training and support to help employees stay current and compliant.

What is banking?

Banking jobs refer to a wide range of positions within financial institutions such as banks, credit unions, and investment firms. These roles can include tellers, loan officers, financial analysts, branch managers, and more. People in banking are responsible for handling financial transactions, advising customers, managing accounts, and ensuring compliance with financial regulations. The industry offers diverse career paths, from customer service to investment banking. Working in banking often requires strong analytical, communication, and customer service skills.
What are the most commonly searched types of Banking jobs in Silver Spring, MD? The most popular types of Banking jobs in Silver Spring, MD are:
What are popular job titles related to Banking jobs in Silver Spring, MD? For Banking jobs in Silver Spring, MD, the most frequently searched job titles are:
What job categories do people searching Banking jobs in Silver Spring, MD look for? The top searched job categories for Banking jobs in Silver Spring, MD are:
What cities near Silver Spring, MD are hiring for Banking jobs? Cities near Silver Spring, MD with the most Banking job openings:
Banking jobs near you
Infographic showing various Banking job openings in Silver Spring, MD as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 16% Part Time, and 2% Contract. Highlights an 91% Physical, 4% Hybrid, and 5% Remote job distribution, with an average salary of $84,129 per year, or $40.4 per hour.

Business Banking Relationship Manager - Tysons Corner, VA

M&T Bank

Mclean, VA • On-site

$99K - $165K/yr

Full-time

Re-posted 26 days ago

M&T Bank rating

7.8

Company rating: 7.8 out of 10

Based on 185 frontline employees who took The Breakroom Quiz

89th of 170 rated banks

Job description

Overview:

Responsible for an assigned portfolio of loan and deposit relationships with small business clients. Solicit new business; manage risk and credit decisions; and service existing clients through the bank's relationship management program. Work with branch partners to effectively sell to the business customer and cross-sell other bank products.

Primary Responsibilities:
  • Develop new banking relationships with business prospects. Service existing business banking client base. Achieve established goals as outlined by manager.
  • Work with branch partners to maximize sales efforts to business customers and cross sell other products and services that the bank offers. Network with centers of influence to develop business including accountants, attorneys and other referral sources.
  • Evaluate credit information and requests and recommend appropriate loan structure to manage risk. Effectively negotiate with underwriters and clients to maximize revenue and minimize risk.
  • Achieve sales goals with minimum expectations as follows:
  • Revenue of $150M to $400M.
  • Loan production of $4MM to $8MM.
  • Deposit balance production of $400M to $2MM.
  • Manage loan portfolio of $7.5MM to $20MM.
  • Oversee approximately 15 to 40 relationship managed clients.
  • Actively participate in all business banking and retail sales sprints. Achieve call targets and other product sales goals such cash management, visa merchant, and others as assigned. Participate in civic and cultural organizations and programs. Utilize prescribed selling techniques to maximize sales opportunities.
Scope of Responsibilities:

Ability to sell effectively to prospects and clients. Manage and retain existing clients.

Work closely with internal contacts to service clients.

Education and Experience Required:

Bachelor's degree or in lieu of a degree, a minimum of 4 years of related sales/banking experience, or a combination thereof

Knowledge of personal computers and the software utilized by the department

Ability to read and analyze financial statements and tax returns.

Sound credit skills necessary to evaluate loan requests.

Good understanding of Cash Management, Merchant Service, Trade Services products offered to Business Banking customers and ability to identify sales opportunities for those product sets.

Strong interpersonal and presentation skills required.

#LI-AW1

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $99,500.00 - $165,900.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.LocationMcLean, Virginia, United States of America

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