You won’t see much for raises within the same role, but they do like to promote people from within the company frequently. The role of an investment banker is one of the financial sector's most wanted and most stressful. I promise you, the bullshit you will deal with us not worth the ~$17-18 an hour I’m assuming they offered you. They are paid a base salary and a bonus for their compensation. Press question mark to learn the rest of the keyboard shortcuts. Additionally, it's not always instant gratification like it would be if you were selling, say cell phones. I actually just left WF a few months ago and live in the midwest as well. I say this as a banker myself. However there's one true thing: it's really hard to change the vector of your activity. The media are partly responsible for that. You can get promoted quickly if you tough it out. That being said, never ever underestimate the power of owning and leveraging high cash value life insurance. 1 decade ago. You will have a sales role and possible goal which will involve generating fee income. “Becoming Your Own Banker” is about leveraging the infinite banking concept to increase cash value. The loan officer promptly has the car driven into the bank's underground parking for safe keeping, and gives the man $2,000. Research the requirements to become a bank branch manager. I believe they’re closing around 25% of branches in the Midwest, last I heard. The majority of the banker force will land in the middle and have to work 6-7 days a week and 10-12 hours daily. I leveraged my experience into branch management at another bank and then eventually Treasury Management, and now I absolutely love my job. However, over time, the concept of becoming your own banker has been misused by certain insurance agents looking to profit off of some customer’s … To be reimbursed, you need to have been with the company for 6 months or more on the starting day of your class. Millions are now discovering the Reddit forum WallStreetBets for the first time, but this chaotic, meme-filled forum has been building momentum … My advice, get in, learn everything you can, and in a year or two transfer to a decent regional or local bank. The hours are long, the stress is high and the competition is fierce. Thank you, I got this job opportunity and just wanted to be clear about it. I worked as a PB1 and PB2 for WF back in '03/'04. An analyst straight out of university can expect to earn over USD $100,000, but per hour it could be as low as $20-35 when working 100 hr/wk 6 Answers. What I hate the most is the office politics. Be prepared for the possibility of losing your job. There’s 9 branches within 20 miles of me. If they confirm it, you must work there for another full year from the date they pay for it, or you have to pay them back. Thanks for that input on the tuition reimbursement i wasn’t able to find any information about it online. I've hit my goal every quarter since being with my bank. If you want to get into a banking career, then jump in and stay for a few months and then go into a financial institution you prefer. Team seemed awesome, managers were great, pay was decent, loved the location. And if your branch is slower? This was in Investment Banking (Middle Office) and Private Banking (Front Office). And if a customer is used to a mobile interface, they don’t want to have to relearn how to bank on a different desktop or tablet display. There is no bad thing about being a teller. Reddit. Reddit. It is an incredibly stressful job, especially for the pay. I just received a job offer from WF for a personal banker 1 position and am transitioning from a completely different career path. 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