Personal Banker: How to Get an Amazing Job

Do you believe you possess the necessary skills to become a personal banker? Well, you have come to the right place.

Too much workload has forced many people into unfortunate situations where they need an extra hand, especially in banking.


Your duties will include balancing risks and returns and managing the finances of your clients. You must work within regular business hours, but that is not all to this career. Let’s explore the subject and learn more.

Personal Banker: How to Get an Amazing Job 1

Duties and Responsibilities of a Personal Banker

As a personal banker, you will ensure that your client’s financial activities are in synch. You must also market their banking products and maintain your clients’ licenses. You will also find new clients, sell financial plans, and make sure the accounts are current. You must also keep abreast of the latest financial regulations. Other responsibilities include the following.

  • Gathering information from customers and clients in line with financial products.
  • Providing clients with excellent customer service.
  • Helping clients make wise decisions in choosing loans, accounts, bonds, and securities.
  • Creating new customer accounts and also updating existing ones and so much more.

Where Do Personal Bankers Work?

U.S. Bureau of Labor Statistics indicates that there were 271,900 personal financial advisors in 2016. Most of these were in the following situations.

  • 24% self-employed
  • 13% in credit intermediation
  • 3% in management of enterprises and companies
  • 51% in commodity contacts and financial investments

All this depends on where you are working or who your employer is. Note, however, that your work station might change from time to time depending on your clients’ needs.

Personal Banker Job Eligibility

If you are just starting out in your career, you will need at least a bachelor’s degree in Economics or Finance. You must also demonstrate knowledge in business, statistics, and calculus. If you are targeting large banks, you might require a master’s degree in related fields, plus at least three to four years of experience.


In most cases, what you major in might be of less importance. However, some firms prefer people who know The Law, Mathematics, Accounting, Business, Economics, or Finance. Completing courses in risk management, estate planning, and financial planning will make you stand out among other applicants.

You must be experienced in quantitative reasoning, investment theory, risk management, and corporate finance. Furthermore, you must be licensed with FINRA (Financial Industry Regulatory Authority), which requires you to pass some exams. Once you land the job, you might have to be supervised by a senior advisor for further training as you work your way up the ladder.

Expected Salary of a Personal Banker

In the United States, you can expect to earn an average of $34,286 per year as a salary as a personal banker. This information is provided by estimates on

Qualities of a Good Personal Banker

To be effective in your career as a personal banker, you must possess the following skills.

  • Excellent sales skills
  • Excellent mathematical skills
  • Strong interpersonal skills
  • Strong communication skills
  • Excellent analytical skills


Do you feel like being a personal banker is your calling? Do you feel like you have enough qualifications for this job? If you can check yes for all the above, nothing should be preventing you from moving forward. Go forth and seek the career of your dreams. We wish you the best of luck!

Also read – Investment Banker: How To Start A Career