Jobs in Banking

Banking jobs, especially investment banking jobs are very much in demand. Every young kid who is good with figures wants to be an investment banker. Why? This is simply because investment banking is one of the most lucrative jobs around! But we all know that it takes time and dedication to succeed. You need to start off with entry level banking jobs just like everyone else!

Some Job Profiles

Having said that, I must tell you that investment banking is not the only banking job around, there are different types of banking jobs, but it is not surprising that about 67% if the total banking jobs are those of a bank teller's. Some important job positions in a bank are:

Bank Manager - The man who runs the show. You need to supervise the daily operations

job at the bank and find out whether bank employees are doing their work as planned.

Accountants - If you are good with accounts and are qualified, you can become an accountant with a bank. This job is an important one because the work done by an accountant or rather, a team of accountants is presented before investors, tax authorities etc. and determines the financial standing of the bank.

Financial advisors- As a financial advisor, you will be making recommendations and suggestions to people who are clients. This is a very important job and also one which holds great responsibility.

Banking Job Tips

Banking careers are undoubtedly one of the most promising fields, but in order to succeed, you should keep a few things in mind:

• Research - Be aware of all the latest goings on in the business world. If you don't know about the latest happenings, then you won't be able to raise money for your bank or clients. After all, it is your responsibility to ensure that people are making a wise investment. It can't be taken lightly, now can it?

• Networking - Banking careers, almost like every other field have become synonymous with networking. One can't get anywhere until they establish all the right contacts. So get to know people. Attend gatherings, parties to-dos etc. Anything that will get you in front of people from your field!

• Fees - As an investment banker, you need to do some research before you quote your fee. Try to ensure that you get back a good amount, as compared to what you invested in the first place.

• Dedication - Everyone knows that you can't succeed in any field without dedication. This is especially true for banking jobs. You have to devote all of your time to the service of the bank and to clients. If you are an investment banker, you will have additional responsibility. People will want to know from you how they should spend their money, don't disappoint them!

Mortgage banking jobs are also quite interesting. So if investment banking or being a bank teller is not your thing, you can always go in for this job. There are various types of banking jobs, take your pick wisely, make sure you are equipped to handle your office!

Banking Jobs

There is a lot of scope for banking jobs in India. Working at a job in banking can be an exciting one, but also highly stressful if you're not careful.

Working in a bank, means you will get to meet many different kinds of people as well as learn a lot from your hands on experience. Perhaps the best part about working in job for bank is that it looks pretty impressive on your resume.

But if you think it'll be a walk in the park, think again. Many a banker comes home late - like late, late - to be with his wife and family, solely because the work pressure on him in office kept him working till 10 at night - and maybe longer.

Insurance and accounting jobs are no better. High-pressure work loads make the jobs stressful and largely draining. While it looks good on your resume to have these kind of jobs listed as work experience, you should count the cost before you step in to fill such a role.

Finance jobs can be quite exciting although, and looking on the bright side of it - at least it pays well. Jobs in Bank Industries have been known to pay over 6 digits per month and sometimes even more than that. But this need not always be the case. Jobs in Banking can be as diversified as there are types and categories of jobs in the market - well maybe not that many, but you get the point.

The first things you need to do when considering joining a bank is ask yourself why. Are you joining them for the money? Are you joining them because they are a good brand name? Are you joining them because the market is down and you have nowhere else to turn? Ok, I'm sure that's not why you're joining, because banking employment seems to be the last place anyone would look if they were in such a state. Are you looking because you want to learn something new? Are you there because it's a family business or your parents want you to do this?

Once you decide on your reason for doing this, figure out whether you would like an online banking job, or work in a regular bank. There are many types of banks under the heading of a regular bank. Some of these are: a small bank, a national bank, a hometown bank, a regional bank, etc. and then take the next step to applying to them.

As with any job, there is a minimum qualification that they expect you to meet. They don't expect you to have criminal records or any such thing. You also need to have some basic computer knowledge.

And finally, bank jobs can be found online, in local newspapers, etc. Pick up the phone and apply.

Bank Job in

In India, the cost of hiring is an important factor for every organisation to decide the profits and operations cost for every corporate. Various hiring methods like print advertising, recruitment consultants, referral programme and job sites are used to get the right resources. Specially for job bank in India which hire in huge numbers use all these methods to get the candidates they are looking for.

Print advertising, due to its mass reach, has always been the top priority for the advertising the requirements, and while most of the banks post the recruitment advertisements on their own websites, there are some banking institutions who have developed separate websites like ICICI Careers and HSBC Global Resourcing. A lot of other banks use jobsites like Naukri.com, MonsterIndia.com and Timesjobs.com.

Government Jobs & Bank Recruitment is one of the highly searched keyword phrase on search engines like Google.co.in and it becomes really difficult for the candidates to search every recruitment section to check if there are any vacancies. Therefor, bank job sites are highly beneficial for candidates who are looking for career opportunities in this sector.

These sites do not charge any amount to post the ads and also provide the latest vacancies, last date to apply, sample papers, interview questions, current open vacancies and how to prepare for exams. This save a lot of time for the candidates who can spend their time preparing for the exams.

Here we have mentioned the list of Bank Job Sites in India as per their usability and ranking.

Bank Exams India - A very useful website for the user with interview questions, bank exams date and current hiring.

Bank Jobsite - Again a very useful website for the user with jobs as per banks and various locations in India.

Bank Job Blog - One of the first website (blog) started on banking vacancies and helped may users to find jobs.

Also there are websites like IndianJobTalks, BabuJobs and JobsnResults which provides jobs for all sections like Government, Railways and Bank Jobs in India.

Human Resource Job Bank

Human resource staff are people who make up the workforce of an organization. It is the function within an organization laid with the overall responsibility for implementing strategies and policies relating to the management of individuals. Companies keep reorganizing to gain competitive edge HR helps them in dealing with a cutting edge environment and the requirement for quality employees. Good HR employees can be found from a human resource job bank.

According to a research there are six main people-related activities that HR department undertakes.

Apply new tactics to work process design, succession planning, career development and inter-organizational mobility. Develop plans that maximize individual and organizational output. Increase the innovation, creativity and flexibility necessary to enhance competitiveness. Manage and utilize staff along with implementation and integration of technology through improved staffing, training and communication with employees. Handle performance appraisal and compensation matters.

A human resource job bank is nothing but a website dealing with employment or careers in HR. Employers can post job requirements for a position to be filled. Some career banks offer employer reviews, career, job-search advice, and narrate job descriptions. A candidate can locate and fill out job applications and submit resumes for the advertised position on the Internet. Employers can post job vacancies and hunt for potential employees. There are over 40000 job banks in existence and many of them deal with HR exclusively.

Some commonly known vacancies which can be easily found in a HR job bank are recruiter, senior compensation analyst, human resources business specialist, human resources assistant, employee relations adviser, work/life coordinator, compensation analyst, manager- training and development. Many job banks are country specific and many have job listings throughout the world.

Though entry level HR jobs don't need any specific qualifications, higher posts in the sector may require specific certifications or Bachelor's or Master's degree. The salary slab for this field varies according to level of experience, training, qualification, area, and size of the organization. Never the less one can be sure to find the most deserving opportunity through HR career bank.

Jobs at Bank

There has been tremendous growth of banking sector in India with many job opportunities and large number of job seekers in bank industry. Private and Public banks along with Indian and Foreign banks are recruiting professionals in huge numbers to meet the growing demand. There are opportunities at all levels i.e. entry level, middle level and top level. Some of the major career opportunities and skills are listed below.

Relationship Managers

Candidate with experience of sales and ability to successfully drive multiple sales targets.

Skills -

- Involves meeting with corporate clients in given portfolio on a regular basis for opening new accounts and ensuring smooth relationships.

- Meet Cross sell challenges across product lines.

- Manage key issues and be a front end all consumer bank related queries for the corporate.

Credit Analyst

Chartered Accountant / MBA (Finance) with accountability for the treasury limit setting process for treasury clients, including the consistent application for job at bank credit policy and periodic treasury limit reviews of existing treasury clients, with the goal of optimizing the treasury ability to service clients in Foreign Exchange and Structured Products.

Skills -

- Analyse financial information, such as balance sheets, management accounts and cash flow statements for setting up of treasury limits.

- Assess the credit worthiness of client companies.

- Should be in a position to independently analyze the financial markets, market trends, political and economic indicators and advice structured hedging solutions to corporates.

- Write credit proposals for treasury clients in the banks "credit policy" format.

- Apply for treasury limits through the Account Relationship Manager for clients who already have limit facilities with Corporate Banking Department.

Branch Manager

Development of the Banking functional network. Managing the recruitment / induction of professionals and develop potential managers. Provide leadership and management for other teams. Establish and maintain high standards of work quality, as measured by productivity, customer complaints and repeat business.

Skills -

- Should posses 5 - 10 years of experience in banking industry with past record of achievement in motivating others towards ambitious targets and higher levels of performance.

- Strong Leadership qualities and evidence of ability to motivate, coach and mentor others. 

- A breadth and diversity of knowledge of the market place.

- Excellent verbal and written communication skills.

Key Accounts Manager

- Good knowledge and experience in capital markets product knowledge. 

- Good personality & communication skills.

- Client acquisition, retention and growth.

- Maintain and manage good relations with HNI Clients and their portfolio composition.

Dealer

- Graduate with NCFM certified (Cash and Derivative Module).

- Communicating trading calls and investing ideas to customers.

- Monitoring day to day operations at Branch.

- Maintaining good relations with clients.

- Knowledge of Equities, Derivatives & Commodities Market, Business Development, client servicing and maintaining of existing & acquired accounts.