How much does a personal banker make in Chicago?

Personal Banker Salary in Chicago, IL

How do I get a job as a personal banker?

Most banks do not require a college degree for personal bankers. A high school diploma or GED plus one to two years of customer service and sales experience are usually all banks require. Banks will then provide on the job training. Some banks may require additional classes in federal banking regulations.

What other jobs can a personal banker do?

Other than retail banking functions, Personal Bankers can also move into Credit Cards, Payment & Transactions, Operations, Human Resource, Marketing. There are also non-retail banking functions such as Corporate Banking, Institutional Banking, Treasury and Capital Markets.

Is personal banker a hard job?

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 is a personal banker?

A personal banker handles new customers as well as existing customers who want to open a new account. These bankers sit at those large, L-shaped desks that sit near the lobby at most retail bank branches. It’s a personal banker’s job to customize an account to fit the customer’s needs.

Can you be a personal banker without a degree?

At the entry level, personal bankers will be required to hold a bachelor’s degree in finance or economics. They must also be able to demonstrate knowledge of calculus and business statistics. With larger banks, a master’s degree is almost always required.

Can you be a personal banker without experience?

Personal Bankers usually need some experience in banking, finance or accounting. Customer service experience is also strongly preferred since they spend most of their days working directly with customers. Prior experience as a Teller or Customer Service Representative is ideal.

What is a personal banker position?

Is personal banker a good career?

Personal banking is an ideal career for someone who loves building relationships in his local community, has a love for the markets, and desires to make a solid income, but is not concerned with getting rich.

What do personal bankers do at Wells Fargo?

Processing transactions for customers to help them manage their finances. Finding ways to make financial services more convenient for customers, like helping them sign up for online banking services. Recommending and promoting additional products and services to meet customers needs.

Is a personal banker a bank officer?

Personal bankers are bank employees. Unlike tellers, who typically handle routine transactions, personal bankers handle more complex tasks like providing customer service and selling bank products that are beneficial to customers.