Private Banker — 1-3 Years' Experience

Private Banker — 1-3 Years' Experience Job Description

Private bankers at this level must have a bachelor’s degree in business, accounting or finance, and some experience in the industry is preferred. Banks look for candidates with strong interpersonal, marketing and customer relationship skills.

Typical private banker — 1-3 years' experience duties:

Generating and closing business with the high net worth market, professional associations and investor group segmentConsulting with customers regarding their financial needs and recommending various financial products and servicesPreparing loan packages for credit review and underwriting and servicing accountsSupporting senior-level bankers in managing larger, more complex account relationships

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Salary for Private Banker — 1-3 Years' Experience
52750 - 74500
25th percentile
52750
New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties
50th percentile
63000
Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role
75th percentile
74500
Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Managing Director/Partner – Banking and Financial Markets 175500 211000 251500 Vice President – Banking and Financial Markets 133750 164750 191750 Banking and Financial Markets Associate 86500 112000 123500 Banking and Financial Markets Analyst 59250 75750 86250 Business Development Officer 96500 122000 145750 Portfolio Manager 104750 127250 155000 Private Banker, 5+ Years' Experience 88500 107500 127250 Private Banker, 3-5 Years' Experience 65500 80000 95250 Credit Analyst, 5+ Years' Experience 75000 91250 108500 Credit Analyst, 3-5 Years' Experience 58250 70500 81750 Credit Analyst, 1-3 Years' Experience 49750 60750 78000

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