Private Client Bankers: How to Become One

If you were to ask a group of private client bankers about how they arrived at their current job, there's a good chance you would get several different answers about the paths and steps that each person took.

That said, there are still ways that you can develop a baseline understanding of the preparation that is necessary to become one.

The Best Adult Colleges and Careers Guide has gathered data to provide you with insight into the type of education that's commonly required for private client bankers to land a job. This page contains information, sourced from real job postings, that describes the experience levels and specific skills that employers of private client bankers expect candidates to have. In the end, this information will help you create an education or professional development plan that aligns with your career aspirations.

Keep reading to learn more about career steps for private client bankers.

What Education & Experience is Needed for Private Client Bankers?

Do private client bankers need a degree? What kind of experience do private client bankers typically need? Thanks to data sourced from Lightcast™ from real job postings, we can get some clarity on those questions, as well as the level of education that is commonly required for private client bankers to secure jobs.

Education Level Required in Job Postings for Private Client Bankers

High School or GED is the level of education sought the most by employers of private client bankers. According to job data, a High School diploma or GED was required for 44% of positions. In 31% of job listings a bachelor's degree was required and in 21% of postings no education level was listed.

Experience Level Required in Job Postings for Private Client Bankers

While the amount of required experience will vary based on the responsibility and seniority of the position, an aggregate view of job posting data can help paint a picture of the experience level sought for most job openings for private client bankers. In 41% of job postings for Private Client Bankers, employers were looking for candidates with 0-1 years of experience. In 40% of listings employers were looking for candidates with 2-3 years of experience, while 4-6 years of experience was sought in 13% of job postings for private client bankers.

What Kind of Degree Do Private Client Bankers Need?

So far this page has provided detail into the level of education and the amount of experience required in job openings for private client bankers, but what type of education or degree will help prepare you for a career in the field?

According to occupational data obtained through Lightcast,™ there are 7 key academic programs that can help prepare prospective private client bankers, and in 2023 a total of 86,661 of those programs were completed at institutions in the United States.

Check out the information below to learn more about the specific programs that should be considered by prospective private client bankers.

Top Degree Programs for Private Client Bankers

Top Online College For Working Adults

Franklin University is a top choice for adults who need to balance school with busy lives. Founded in 1902 in Columbus, Ohio, Franklin's main focus has been serving adult students and tailoring education to fit their needs. Nonprofit and accredited by the Higher Learning Commission (hlcommission.org/800.621.7440), Franklin offers more than 50 affordable bachelor's, master's, and doctoral programs — all available 100% online.

Degree Options for Private Client Bankers

What Skills Do Private Client Bankers Need?

Education and experience have been covered, so what are the specific skills and traits needed by private client bankers to secure a job?

A good way to understand this is to examine actual job postings for skills commonly sought by employers. Continue reading for a breakdown of specialized skills found in job postings for private client bankers, as well as common skills that can help you thrive in the workplace.

In-Demand Skills for Today's Private Client Bankers
Based on 110,671 job postings

Based on 110,671 job postings related to private client bankers, financial services was the top specialized skill sought by employers, with 40% of all postings looking for that skillset. Skills for loans, sales prospecting, mortgage loans, cash handling and commercial banking were also highly sought.

As for common skills, customer service was the most desired skill found in job postings for private client bankers, followed by sales, communication, problem solving, management and interpersonal communications.

Additional Links

Ready to dig deeper into career information about private client bankers? Visit our other pages focused on salary and education for private client bankers.

What do private client bankers do?
How much do private client bankers make?

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The Best Adult Colleges and Careers Guide has compiled data for dozens of in-demand jobs. Explore our full catalog of occupation data by visiting the link below.

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