Personal bankers
A personal banker is a bank clerk who typically works in the retail banking business, helping clients manage their funds and offering various solutions to their financial needs, such as deposits or other commercial banking products, as well as retirement or college expenses for children.
Retail customers typically work with retail customers to help them with banking-related questions or problems. The main goals of a private / investment banker, on the other hand, are also linked to sales performance and work mainly with companies or high net worth individuals. In addition, private and investment bankers get to know their customers very well, and personal bankers usually do not work with a specific customer list.
Benefits of being a personal banker A personal manager can help you with almost any questions about banking services and help you if anything is unclear. Personal bankers can also give you tips on which services are best for you. When applying for a new service via your online banking, however, you are on your own. There are also still many people who do not feel comfortable on the Internet and prefer personal communication.
Disadvantages of a private banker If you consider the disadvantages of personal banking, there are two main reasons why online banking is preferable to visiting the personal banker in the branch. First, bank employees who work in the front office and meet their existing or potential customers on a daily basis are salespeople, just like in any other industry. This means that your personal manager has sales quotas and most of his or her salary is based on commissions. Personal bankers are mostly rated on their sales performance, and this is an important factor when branch managers consider potential promotions or job cuts. Ultimately, all personal managers will try to sell you as many banking services as possible and if they are good sellers they will succeed. If you want to avoid aggressive sales strategies, you might even be well advised to stay away from branches at the end of the month and especially at the end of the quarter.
http://www.confiduss.com/en/banks/account-management/personal/