Personal bankers have several responsibilities in the bank that should be fulfilled daily. If you possess good knowledge in various areas of the bank, then becoming a personal banker is something to consider. Below is the list of information about the job description of a personal banker.
A personal banker is a professional who works together with high net worth clients. Personal bankers provide their clients a customized service in banking and are also act as financial advisers in order to help clients manage their money and wealth.
Most personal bankers work in large banking corporations. Some bankers are also self-employed. Personal bankers are required to maintain an open communication with their clients either in telephones or in emails. Additionally, personal bankers are also expected to travel onto their client’s home in order to discuss relevant matters personally.
In order to become a personal banker, candidates are required to obtain a bachelor’s degree in Finance as well as continuing education to accomplish a Master’s degree in Business Administration or MBA. Classes in finance degree will cover statistics, mathematics, macroeconomics, investment, financial planning, microeconomics n and intermediate accounting.
Employment opportunities for personal bankers usually depend on educational background, years experience, rate of success and the size of the bank they are employed. According to United States Bureau of Labor and Statistics, personal bankers earn over $42,000 per annum with job prospects in financial sector expected to grow by 10% over the next decade.
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