Average Private Banker Salary in United Kingdom

£55,581
Avg. Salary
£9,887
Bonus
£5,000
Profit Sharing
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The average salary for a Private Banker in United Kingdom is £55,581.
10%
£35k
MEDIAN
£56k
90%
£82k
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United States (change)
Salary
£35k - £82k
Bonus
£252 - £40k
Profit Sharing
£500 - £7k
Total Pay
£39k - £110k

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Job Description for Private Banker

Private Banker Tasks
  • Manage full banking relationships with clients and monitor changing client needs.
  • Monitor loan portfolio and resolve loan delinquencies, overdrafts, and loan and deposit maturities.
  • Recommend solutions to credit problems, approve loan requests, and assist senior lenders.

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Popular Skills for Private Banker

Skills in Financial Advisor and Investment Management are correlated to pay that is above average. Skills that pay less than market rate include Sales, Banking and Customer Relationship Management (CRM).

Pay by Experience Level for Private Banker

An early career Private Banker with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of £44,760 based on 13 salaries. A mid-career Private Banker with 5-9 years of experience earns an average total compensation of £58,065 based on 9 salaries. An experienced Private Banker with 10-19 years of experience earns an average total compensation of £57,635 based on 13 salaries. In their late career (20 years and higher), employees earn an average total compensation of £75,000.

Pay Difference by Location

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Years of Experience

This data is based on 42 survey responses.
Early Career
31.0%
Mid Career
21.4%
Experienced
31.0%
Late Career
16.7%

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