The phrase refers to a doc outlining the obligations, duties, required expertise, and {qualifications} for a person employed as a private banker at Wells Fargo. It serves as a information for potential candidates to know the scope of the place and a benchmark for efficiency expectations as soon as employed. For instance, such a doc would possibly specify duties similar to opening new accounts, processing mortgage functions, and offering customer support concerning monetary merchandise.
This doc is essential as a result of it units clear expectations for each the worker and the employer. For the candidate, it offers transparency concerning the position’s every day actions and needed expertise. For Wells Fargo, it ensures constant utility of requirements and permits for efficient expertise acquisition and efficiency administration. Traditionally, formalized position descriptions have developed from easy activity lists to complete overviews reflecting the growing complexity and customer-centric nature of banking.