Banking has always been a challenging industry to work in, and the past few years have created multiple opportunities to redefine business strategies in the finance arena. 

Experts predict that although macroeconomics could force many banks to recalibrate their business models, banks will be poised to embrace creativity, increase noninterest income, and eliminate technical debt. As new banking models emerge, cost management strategies and the use of AI will go hand in hand, especially with the rise of fintech. 

If you’ve been considering a career change or entering commercial banking/private client recruitment, these skills will help you succeed. 

Top Commercial Banking Needs in 2025 

Traditional commercial banking opportunities require many skills you’d expect candidates to possess. However, to remain competitive, they also must adapt to new demands.  

Traditionally, the commercial banker who manages corporate accounts, invests business profits, facilitates loans and financing, and maintains strong client relationships needs the following skills: 

• Strong understanding of financial markets and products. 
• Excellent networking and relationship management skills. 
• Credit analysis abilities. 
• Sales and negotiation skills. 
• Regulatory compliance knowledge. 
• Analytical skills. 

Likewise, credit analysts responsible for interpreting credit data and financial statements rely on skills like these: 

• Financial modeling and forecasting. 
• Strong predictive analysis skills. 
• Understanding of accounting principles. 
• Risk assessment capabilities. 

The commercial banking analyst assists with deal execution. Preparing financial models and supporting senior bankers in client interactions is part of the job and requires strong skills, including: 

• Financial analysis and modeling proficiency. 
• Good communication for client pitches and internal reporting. 
• Project management skills. 
• Ability to handle complex data and interpret market trends

While traditional banking skills are essential for navigating the financial industry, many banks recognize the need for data-driven skills. Savvy financial institutions are looking to big data, cloud migration and convenient digital access for clients. They acknowledge that AI, through the use of chatbots and other tools, can increase client engagement in commercial banking. Embracing digital strategies suggests job seekers with experience and skills in these areas will likely be the more favorable candidates. 

Private Client Recruiting Opportunities 

Private bankers provide personalized financial services to high-net-worth individuals. Their advice includes investments, wealth management, and estate planning and obligates bankers to deeply understand wealth management strategies. They also practice discretion and confidentiality, networking and relationship building, and advanced knowledge of investment products. 

For those interested in managing client portfolios, offering bespoke financial solutions, and ensuring client satisfaction and retention, the relationship manager for private clients also brings strong interpersonal skills and high emotional intelligence to managing client portfolios for internal and external bank clients. 

For the wealth management advisor, advising clients on investment strategies, tax planning, and estate management demands extensive knowledge of financial markets and products. Advisors must be current and confident. Their work also requires an ability to understand and meet complex client needs. 

To excel in these roles, candidates should also develop interpersonal communication skills, obtain technical proficiency and demonstrate regulatory knowledge. 

Final Thoughts About Banking Opportunities 

The banking industry has often been compared to a large ship at sea; changing direction is slow, but the vessel will turn given enough time and room.   

If you’re ready to join a top banking team and are ready for change, contact The Anderson Search Group to discuss available career opportunities.