How to Be a Personal Banker
Pursuing a career as a personal banker is a great opportunity for those who have a strong interest on the banking and finance industry. As a personal banker, you will be responsible for personally handling the accounts and finances of your customer base. You will be representing your clients in the fulfillment of certain bank duties and are given a certain level of liberty to determine which financial activities to get involved in.
To Be A Personal Banker You Should Meet The Following Requirements:
In order to be a personal banker, you have to accomplish certain educational and professional requirements before you can obtain a certification and license to legally render your services. Here are five things you need to have before you can register as a personal banker:
1. A Bachelor’s Degree (at least)
A bachelor’s degree is a must for personal bankers. Majoring in finance, economics, or any other related field will help you understand the systems and dynamics of the banking industry. The higher tiers of banking might require you to obtain a graduate degree for a deeper knowledge and understanding of finance.
2. Internships and On-the-Job Experience
Aside from a bachelor’s degree, on-the-job experience is required of aspiring personal bankers. College students who are eyeing this track can opt to get elective subjects credited to their transcript. College graduates can go for internships in order to gain the necessary experience and exposure that will provide the foundation of banking know-how.
3. Previous Bank Employment
In order to be a licensed personal banker, you have to have at least four months of banking experience. Getting a job as a teller or any position that you are qualified for will pave the way for you to be more adept with the banking system, not to mention that the training that comes with every banking opportunity is a preparation for what’s to come as a personal banker.
4. Accomplished Certification
Experience will not be the sole factor in determining whether or not you are qualified to be a personal banker. You will need to prove it on paper. Every aspirant is required to take and pass a Certified Personal Banker Examination in order to objectively prove how each is qualified, knowledgeable, and capable enough of handling the responsibilities that accompany the position. The exam will cover the different rules and regulations that the bank is abiding by as well as the different services that it offers.
5. FINRA Registration
Once you have obtained the necessary experience and accomplished the required examinations, you can now apply for certification, licensing, and registration with the Financial Industry Regulatory Authority (FINRA). If FINRA finds your application satisfactory, you are then awarded with the credentials that make you a legitimate personal banker
Don't Meet These Requirements? Here's An Alternative...
Becoming A Bank Teller VS. Personal Banker.
A great resource to lean about the pros and cons of becoming a personal banker, or bank teller, is http://www.becomeabankteller.com
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