Private Banker
Looks after wealthy individuals and families — their banking, their borrowing, and their access to the bank's investment and advisory services.
// 01 — THE WORK
The clients are often business owners, so the conversation moves between a personal balance sheet and a company's, and lending against shares, property or a business interest is a routine part of it. Discretion, availability and continuity matter more than product knowledge, which is what makes the seat slow to build and expensive to lose.
// 02 — WHO ARRIVES HERE
From commercial or corporate banking, from wealth advice, or from an associate seat inside the private bank; regulated advice work usually needs its own qualification.
// 03 — WHAT THE INTERVIEW ASKS
These are the shapes the round takes, not a question bank — banks phrase them differently and the wording is never the point.
- 01How would you win the trust of someone who does not need you?
- 02A client asks for something that is legal and not in their interest. What do you do?
- 03How do you lend against an asset that is not easy to sell?
- 04Where does a business owner's balance sheet stop and their company's begin?
- 05Tell me about a relationship you kept through something difficult.
- 06What would you not talk about at a client dinner?
What the panel is listening for. Judgment about people and discretion under pressure — this is one of the few seats where the panel is openly assessing whether they would put you in front of their most valuable clients.
// 04 — WHY CREDIT PAYS IN THIS SEAT
Lending against illiquid assets to people whose wealth is tied up in one business is a credit problem before it is a wealth one, and the second question the committee asks is always what happens if the business stops.
That is the general case as well as this one. A bank's technology is not ordinary technology and its finance is not ordinary finance, and the second and third lines of defence — risk, compliance, financial crime, model validation and internal audit — recruit heavily out of the functions, taking the people who can already read a business. The case drills are free and are the cheapest way to build that, whichever column you sit in.
// ALSO IN THE FRONT LINE
- Personal banker
- Business relationship manager
- Corporate coverage banker
- Agribusiness manager
- Markets salesperson
- Trader
- Transaction banker
- Product manager
The whole board, and how the four blocks fit together, is on what jobs banks hire for.