Is personal banking a good career?
While investment bankers work mostly with institutional investors, personal bankers work primarily with everyday people. Personal banking typically does not pay as well as investment banking and other Wall Street careers, but it offers a significantly better work-life balance, and the hours are much more reasonable.
How much do personal bankers get paid?
Personal Banker Salaries
| Job Title | Salary |
|---|---|
| Westpac Group Personal Banker salaries – 93 salaries reported | $59,828/yr |
| ANZ Bank Personal Banker salaries – 70 salaries reported | $57,000/yr |
| ANZ Bank Personal Banker salaries – 48 salaries reported | $26/hr |
| Westpac Group Personal Banker salaries – 27 salaries reported | $58,400/yr |
Is being a personal banker hard?
Being a personal banker is very stressful but you also get paid well for it. The pay including commission and benefits is pretty good. They are also very willing to promote from within; this is usually based on your sales performance. Managers are generally willing to work with you to find a career path for you.
What comes after personal banker?
A Personal Banker can move into leadership roles such as Sales Manager or Branch Manager. Other options include moving into Private Banking as Assistant Private Bankers, Investment Support, Operations, Administration and Compliance are also possible career moves.
What qualifications do banks look for in personal bankers?
Personal Banker skills and qualifications
- Excellent attention to detail.
- Verbal and written communication.
- Good mathematical and analysis skills.
- Thorough knowledge of banking and financial services.
- Ability to use banking and financial programs.
- Great customer service skills.
- Problem-solving and critical-thinking skills.
