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Frederick Brito

Leigh Moore

Composition I (ENGL-1301-01)

18 February 2019

Bankers

The financial industry have many different types of bankers including personal,

commercial, and investment bankers. The roles and responsibilities of those bankers are different

in there own ways, but they all must service the financial needs of their clients. Personal bankers

are more one-on-one with their clients opening up small business accounts and handling deposits

with clients bank accounts. A Commercial banker handles loans and investment bankers promote

the opportunities for investments to people. A lot of travel might be required for these jobs as

well as overtime, although the majority of bankers spend most of their time sitting at a desk.

Being a banker is good opportunity to being experience with money as well as a suitable career

choice that's worth working for. To become a banker a high school diploma is required but also a

bachelor’s degree in financing is most likely prefered. A license requirement may vary but it

depends on the area and levels of expertise. Math and customer service skills are also a need in

becoming a banker. When attempting to become a banker those who search for a job while only

have a high school diploma are only eligible for personal banking job positions, Although this

could change in the future with up to 5 years of experience in personal banking can often lead

into a higher position in the banking industry if the personal banker manage to help out the

industry. People with bachelor’s degrees in finance or other related fields are given more choices

when
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choosing a banker career choice. They are rewarded with the opportunity to pick between

Commercial or investment based on their skills in customer service communication skills and

Critical thinking capabilities. Another good way into becoming a banker is to participate in an

internship, a program that is often part of getting a degree that is held during the summer. People

who participate in the internship gain experience and knowledge in the field and a understanding

of banking. One of the most important steps in becoming a banker is getting a license, According

to Chron Articles “All states require personal bankers to hold a license to sell insurance” They

must complete 20 hours of coursework, pass a banking exam and complete a background check.

A day in life of Banker may start to the chaos of overwhelming emails and calls that may

come from other clients or employees. This is one of the reason why a huge requirement for

becoming a banker is critical thinking, that want you to be ready for possible flooding of status

reports and presentations they have to perform and deal with. Most bankers work at a desk

interviewing with clients discussing managing accounts with clients. Although this may seem a

simple task, Bankers have more then one responsibility such as the various different banking

duties like maintaining proper licensing, selling financial services and updating account

information of clients. The downsides of becoming a banker is that it requires a lot of hours and

committing to it. Meaning possible increase in overtime to catch up with clients information and

traveling to different banks for interviews and presentations. A man with a family might be too

busy at his job then to be able to spend time with family a lot more often than he would. Usually

recording to “The Atlantic” article they had on bankers a simple majority of young bankers are

single until they are able to manage with having a busy lifestyle they can work with and plan for

a future family. Another possible downside to becoming a banker is the amount of busy work

days you get along with having deal with multiple clients each day some in which have a very
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different problem than others that are more than just adding a deposit to a bank account, such as

missing money and loans clients have to pay.

The average wage of a Personal Banker hourly pay is around 16.29$ to 20$ with 1,500$

profit sharing and $3,500 of commissions according to PayScales. Depending on the

bank, some Bankers are offered the opportunity of a raise upon working for a certain amount of

time for the bank industry. This increase the bankers hourly wage often from

$16.29 to a $18.50 if they meet the proper skills requires and stay up to date with clients and

keeping records straight. Making the average annual salary of bankers to make more than

$70,350 yearly but those in the top 10 percent can make over $119,710. But however there is a

beneficial reward that includes a good pay wage with monthly commissions that is rewarded

with successful clients a banker work with. A banker is also given free accounts depending on

the bank he is working with that allows him to freely store money in the bank he is working with.

A Banker is also always financially stable as he has no worries with his account.

Work Cited

Investopedia “A day in the life of an investment banker”

https://www.investopedia.com/articles/professionals/111715/day-life-

investment-banker.asp
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Chron “What license does a Personal banker need?

https://work.chron.com/license-personal-banker-need-20344.html

Study.com “How to be a banker”

https://study.com/articles/How_to_Be_a_Banker_Education_and_Career_Roadmap.htm