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A retail banker works in banks and building societies that can be found on the high street, although there are now increasing opportunities to work for online banks and supermarkets which offer banking services.A retail banker helps with the financial requirements of individuals and businesses and provides advice and financial services. This can include:authorising loans and overdraft facilities;setting up saving accounts and bonds;assisting in the movement of money via payment mechanisms.Private banking is a sub-section of retail banking which typically deals with high net-worth individuals, often defined as those with more than £1million to invest.A manager of a retail bank will need to increase sales of financial products and services, attract new customers and manage a team of staff.
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