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Personal Banker Job Description: Top Duties and Qualifications

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A Personal Banker, or Banker helps customers manage their bank accounts and finances. Their primary duties include helping customers with their bank accounts, selling the bank’s financial products and services and creating long-term business relationships with their clients.

Personal Banker duties and responsibilities

A Personal Banker is usually the first person clients see when they walk in the door. They create a welcoming environment for clients as they help them with their bank accounts. The duties and responsibilities of Personal Bankers vary depending on where they work, but can include:

  • Managing customer bank accounts, including opening and closing accounts and monitoring financial transactions
  • Fulfilling clients’ requests such as the verification of bank account details and printing statements of accounts
  • Recommending and selling financial products and services to customers
  • Resolving client complaints and queries about accounts and banking services
  • Processing applications for loan requests and safe deposit boxes
  • Referring clients to financial experts such as Loan Officers or Tax Specialists
  • Performing routine administrative duties

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Personal Banker Job Description Examples:

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Indeed’s Employer Resource Library helps businesses grow and manage their workforce. With over 15,000 articles in 6 languages, we offer tactical advice, how-tos and best practices to help businesses hire and retain great employees.

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What does a Personal Banker do?

A Personal Banker works in retail banking branches and helps customers with a variety of financial or baking needs. This may include obtaining auto loans and mortgages, opening savings and checking accounts and investing in banking products such as money markets, certificates of deposit (CDs) and other commercial baking products. They may also assist clients with university planning and retirement planning. Although an Investment Banker works mostly with institutional investors, a Personal Banker works primarily with everyday people.

Personal Banker skills and qualifications

A successful Personal Banker candidate will have various prerequisite skills and qualifications to perform their duties effectively. These typically include:

  • In-depth understanding of personal banking rules and regulations
  • Excellent customer service and sales skills
  • Expert knowledge of banking and financial products and services
  • Working knowledge of banking software and other industry-specific tools
  • Excellent verbal and written communication skills
  • Negotiation skills
  • Ability to remain calm in stressful situations
  • Strong administration skills

Personal Banker experience requirements

Most employers require Personal Bankers to have several years of experience in the banking or finance industry. The role also requires customer service and sales experience, since Personal Bankers have to resolve client issues and recommend or sell banking products and services. For entry-level Personal Bankers, most employers require a minimum of two years of work experience. Senior-level Personal Banker roles may require up to five years of experience.

Personal Banker education and training requirements

Personal Banker candidates can be employed with a foundation degree in business, finance, economics or a related field. Many employers accept candidates with industry-recognised certifications, such as a Level 2 or 3 Diploma in Customer Service. Some banks and financial institutions recruit Personal Bankers via a Financial Services Adviser intermediate apprenticeship. For entry-level Personal Banker roles, employers may consider candidates with GCSEs, including English and maths, provided that they pass aptitude tests. Candidates with no experience are required to complete in-house training on cash handling and the use of banking software. Senior-level Personal Banker roles may require an MBA or advanced accounting certifications.

Personal Banker salary expectations

According to Indeed Salaries, the average salary for Personal Bankers is £14,935 per year. Actual pay may depend on the employer, location, qualifications, experience and specific job duties and responsibilities.

Job description samples for related positions

If a Personal Banker is not quite what you’re looking for, here are other job description samples that may fit your needs:

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Personal Banker job description FAQs

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