Options post retail banking- how to get out, and what’s the best role to transition to?

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Business Banking within retail - be a top performer and build a network internally and externally and transition into the commercial bank - middle market segment.

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Private wealth mgt. is a logical transition. Or middle market lending could work - depending on your exposure & knowledge.

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I agree. I was going to suggest private wealth management. That would be a great transition to make.

There are many different ways depends what you want to do

Ok, I’d prefer to head towards a more specialized role, Private Banking would be ideal, but I’m open to AML/KYC as my degree aligns with it well.

Omg thought it was just me that was stuck! I would say first explore positions within your company. Let you’re area retail manager know you’re looking to gain more technical experience.

I have a degree in finance, left retail banking and now have a job as a staff accountant. It was challenging bc I had no technical experience. but try to relate your banking experience to the role as much as possible & let them know you’re committed and willing to learn.

This also depends on your goals tho. I assumed you wanted more technical experience

That’s what I’ve been doing, I’ve had a few interesting interviews but no bites unfortunately

I got into Wealth Management after working in retail Banking.

Mind if I DM?

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Def DM me. I don't mind at all.

OP what do you do in retail now?

Private Client banker at JPMC on retail side

I suggest you start first within the company for other opportunities. But I also agree with the wealth management suggestion. That would be a good transition.

Come to AML! Best transition i made! Search for aml and kyc roles

*dm

I shifted to a Wealth Management role within my bank after working in the retail banking side for 3 years. Worked as a Client Service associate for 4 years, then was promoted to an Advisor managing the teams smaller clients. 3 years on from that and I’m now managing much larger clients. Feel free to DM if you want to chat more!

My company just hired a Product Manager for a deposits product that was in retail banking for years previously

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