Are you interested in becoming an investment banker, or do you need to hire one? Regardless of which side of the fence you fall on, it is important to ensure you know how to seek out good qualities of an investment banker. This way, you can be sure the job (or the investment banker you choose) is right for you.
Strong Communication Skills
According to Financial Guaranty Insurance Brokers, Inc., the best quality an investment banker can have is the ability to communicate well. A strong investment banker knows not only how to communicate with his or her co-workers and superiors, but also with clients. This includes speaking industry jargon when needed, but being able to simplify it for clients when necessary. Understanding a person’s needs and knowing how to respond to those (or find someone who can) is essential for climbing the corporate ladder as well as for maintaining strong client relationships.
Excellent Disciplinary Skills
Everyone hears about how much investment bankers make, but not many people realize just how much work goes into bringing home the big numbers. Investment bankers, especially those who work internationally or for “high rollers” in the investment world put in long hours of hard work. This means early mornings, late nights, weekends, and holidays for a lot of bankers. Working with another person’s money means being able to the worker under pressure, handle criticism, and meet demands efficiently.
What you want to become an investment banker or you need to know how to hire the best one to meet your needs, these skills will be essential. A banker simply won’t make it without communication and discipline.