The private equity and venture capital area of the banking sector deals with private equity investments using strategies that include providing venture capital to new start-up businesses.
Staff within this field will need to have strong experience of identifying good venture capital investments and recruitment agencies also like to see a proven track record of delivering excellent returns to clients when they are looking for suitable candidates.
Qualifications and entry requirements
Excellent numeracy skills are needed for jobs in this sector as is a positive and forward-thinking attitude and the ability to take calculated and well-thought-out risks. Employees in this sub sector should also possess good communication and networking skills for liaising with clients and businesses.
Salaries
Pay in banking can vary depending on your role, experience and achievements and it is not unusual for your basic salary to be topped up by a bonus if you do well within the year. The average UK salary in the overall banking sector is £37,000, which is much higher than the average nationwide salary of £26,500.
Many of the larger banks are based in London and if you work in private equity and venture capital in the city then the average wage can be as much as £62,000.