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 grasp the scope of the place and a benchmark for efficiency expectations as soon as employed. For instance, such a doc would possibly specify duties reminiscent of opening new accounts, processing mortgage functions, and offering customer support concerning monetary merchandise.
This doc is necessary as a result of it units clear expectations for each the worker and the employer. For the candidate, it gives transparency concerning the function’s day by day actions and obligatory expertise. For Wells Fargo, it ensures constant software of requirements and permits for efficient expertise acquisition and efficiency administration. Traditionally, formalized function descriptions have advanced from easy process lists to complete overviews reflecting the growing complexity and customer-centric nature of banking.