Private Banker — 5+ Years' Experience

Private Banker — 5+ Years' Experience Job Description

At least five years of prior corporate financial lending experience is required at this level, and at least three should have been in private banking. Candidates need strong interpersonal, marketing and customer relationship skills. A bachelor’s degree in business, accounting or finance is required; a master’s degree in these fields is often preferred.

Typical private banker — 5+ years' experience duties:

Managing larger, more complex account relationships and portfolios of loans, trusts and deposits

Generating and closing business with the high net worth market, professional associations and investor group segment

Consulting with customers regarding their financial needs and recommending various financial products and services

Preparing loan packages for credit review and underwriting and servicing accounts

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Salary for Private Banker — 5+ Years' Experience

88500 - 127250

25th percentile

88500

New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties

50th percentile

107500

Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role

75th percentile

127250

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

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25th percentile

50th percentile

75th percentile

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Private Banker, 3-5 Years' Experience

65500

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52750

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75000

91250

108500

Credit Analyst, 3-5 Years' Experience

58250

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Credit Analyst, 1-3 Years' Experience

49750

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78000

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