Private Banker

Once you excel as a RM serving customers with large deposits with the bank, and you can do it over a sustained period of another 2-3years by hunting and farming; hunting = bringing in NTB (New To Bank) customers and farming = servicing existing bank customers with their needs and requests; here comes the opportunity to go one level up and a big step up, by becoming a Private Banker.
Normally you would start off as a Junior Private Banker. This is a challenging phase as you will be able to learn on the job and see the experienced Private Bankers in action. They serve very high-net worth customers who have millions of dollars at their disposal. Private Bankers plan and strategise for these customers to help them make even more money through different forms of investments. As for the sorts of investments that the Private Bankers recommend to them depend on the customers' risk appetites, these investments range from a simple deposit (fixed or structured), to bonds, to equities.
Private Bankers usually get to travel overseas to meet clients, and during good times, get to travel Business Class. They be armed with all the necessary techonology gadgets, laptops, pdas, advanced technology mobile phones etc. A skillful Private Banker can make much more money than a surgeon or pilot. This is because their customers may be investing millions and the Private Banker may take a cut of a certain no of percent from the investments made. Imagine $5,000,000 worth of investments, and say a windfall of 10% on the conservative side, would be $500,000 for the customer. As for the Private Banker, well, he/she will get a share of this lucrative pie.
The downsides of being a Private Banker are:
1. Long, unpredictable (can be anytime, 24/7, may be expected to meet clients late at night, on weekends, at social locations or overseas etc) working hours
2. High stress levels, fast-paced, demanding and must be error-free.
3. Exposed to complaints from customers should the investments go bad
4. Need to be well groomed (can be time-consuming trying to maintain good personal grooming)
5. Laid off (retrenched) during bad times.