Comments on: 100k for Assistant Private Banker

By: Anonymous

Anonymous — Sat, 17 May 2008 12:21:41 +0000

Don’t look down on secretaries. The most senior people in Governments are also called Secretaries. US Secretary of State for e.g.

By: WMF

WMF — Fri, 18 Apr 2008 07:58:09 +0000

True.

I guess they have the intentions to groom this Assistant to eventually a Private Banker. What the labour market is lacking now is the shortage between the right kind of talent for the job and what is out there.

To the right candidate: the job might not be that interesting as he/she has already done that. that is why companies has to evolve and make the role interesting. This can be achieved in terms of making the environment cohesive and fun to work in.

Unless it’s a sales role, i guess to motivate solely by monetary terms.. it’s quite hard to retain.

By: Bill Kingston

Bill Kingston — Thu, 31 Jan 2008 16:51:04 +0000

Seriously there is no need to worry much about what was required in the ad. The decision on which they will decide at the interviews will usually be decided on the persons they like rather than those mentioned abilites and skills. It is rather not on what they know or knew but rather what they have visibles. The rest can be trained. If you have these traits – a pleasant look or good-look for the job, a vocab skill to speak properly, the verbal skill to articulate well, a gracious manners to project a good image,etc. If these atrributes are found, they will bring forth $100K to the table.

By: Tan

Tan — Thu, 10 Jan 2008 18:29:51 +0000

It states you need strong understanding of financial products. This shows they are not looking for the average admin assistant. Probably groomed to be a private banker in time to come.

By: admin

admin — Fri, 12 Oct 2007 10:23:08 +0000

jiante, why would Ivy Leaguers settle for an assistant position? Those without scholarship bonds would have easily gotten investment banking jobs. Those who have finished serving bonds may shoot for this job, but the biggest stumbling block for them is that they lack relevant experience (what they have is 6 to 8 years worth of mostly unrelated experience). Maybe those returning on mom-pop scholarships from decent b-schools are likely candidates.

By: jiante

jiante — Thu, 11 Oct 2007 23:03:27 +0000

If you have noticed the requirements, it is said to be “Good Degree from a reputable university”, which I interpret as “Good Degree from an Ivy League”

Anyway, good senior private bankers need more than 3 – 5 years of experience. It’s no wonder they are paying that much, so as to groom this assistant into a private banker himself.

By: LLY

LLY — Thu, 11 Oct 2007 11:58:16 +0000

$100k/year working merely as an “assistant”?!