Personal bankers assist clients in managing their money in order to balance risk and return. These personal banker specialists must be knowledgeable with the banking business as well as the many investing and savings products available. Depending on the services offered, the academic and licencing requirements for a personal banker may change. Personal bankers operate in retail banking facilities, assisting consumers with a variety of banking and financial issues. Opening checking and savings accounts, acquiring home and vehicle loans, and investing in banking products such as certificates of deposit (CDs), money markets, and other commercial banking products are examples of such requirements. They might also assist the customer with retirement or college planning. While investment bankers typically work with institutional investors, personal bankers primarily work with ordinary people. Personal bankers are also known as commodities, securities, or financial services sales agents. They are in charge of carrying out banking tasks and managing the financial activity of these personal accounts. Personal bankers should be familiar with marketing and sales methods.

Multiple Contributors

4K resources

2

1

0

Like