Employers
Private bankers are employed by commercial and investment banks with private banking divisions. Opportunities are available throughout the country, but are best in areas where a high number of high-net-worth individuals reside.
Starting Out
Many people break into this career after working as financial analysts (ideally, researching stocks, bonds, and other financial instruments for investment portfolios) in investment banking or at hedge funds, private equity firms, commercial banks; personal financial advisors; or in other financial positions. After several years of experience, they can transition to careers in private banking.
Many banks provide job listings at their Web sites, and some offer internships programs that will allow you to obtain experience and build your network. Other job-search strategies include attending career fairs and meeting with bank recruiters on campus, utilizing the services provided by your college’s career counselors, and using social networking sites (such as LinkedIn) to prospect for job leads.
- Accountants
- Auditors
- Automatic Teller Machine Servicers
- Bank Branch Managers
- Bank Examiners
- Billing Clerks
- Bookkeeping and Accounting Clerks
- Business Managers
- Chief Executive Officers
- Chief Financial Officers
- Compliance Managers
- Credit Analysts
- Economists
- Financial Analysts
- Financial Institution Officers and Managers
- Financial Institution Tellers, Clerks, and Related Workers
- Financial Planners
- Financial Quantitative Analysts
- Financial Services Brokers
- Forensic Accountants and Auditors
- Fraud Examiners, Investigators, and Analysts
- Investment Bankers
- Investment Banking Analysts
- Investment Banking Associates
- Investment Banking Sales Brokers
- Investment Banking Traders
- Investment Fund Managers
- Investment Professionals
- Investment Underwriters
- Loan Processors
- Loan Underwriters
- Mergers and Acquisitions Attorneys
- Mortgage Bankers
- Regulatory Affairs Managers
- Regulatory Affairs Specialists
