Banking Jobs

Banking Sector holds a wealth of career opportunities for Indian Professionals. Whether one wants to work directly with customers or support those functions that, strive to deliver a superior customer experience. Job opportunities in the national and international banking industry are predicted to be favorable, particularly for Bank tellers and other administrative support jobs because they make up a large proportion of bank employees and workers in these fields often transfer to other occupations or leave the labor force.

Employment in banking is predicted to increase 16 percent between 2005 and 2012. The combined effects of technology and population growth will continue to affect total employment growth and the mix of occupations in the banking industry.

Career Opportunities
Bank personnel are employed at 2 levels :
CLERICAL : Where the main tasks are to maintain the account books and the documents, and attend to customers at the counter.
MANAGERIAL : Which involves organizing controlling and supervising banking activities and holding overall charge of one or more departments or branches.

Typical activities for workers in specialized areas are :
Personnel - recruiting and training staff, planning career development of trainees, advising students about careers in banking;
Marketing - designing campaigns to promote new and existing services, researching customers' banking habits to find new opportunities for the bank;
Operations - processing transactions and loans, researching new technology or different working methods to increase the bank's efficiency;
Electronic Services - writing a new section on the bank's website, developing interactive digital TV banking services;
Card Services - authorizing and issuing cards, managing transactions;
Credit and Risk - analyzing loans and deciding whether to approve them.

The various Occupations in the Industry are :
Management, business, and financial occupations

Chief executives General and operations managers Marketing and sales managers Computer and information systems managers Financial managers Human resources, training, and labor relations specialists Management analysts Accountants and auditors Credit analysts Financial analysts Personal financial advisors Loan counselors Loan officers

Professional and related occupations

Computer programmers Computer software engineers Computer support specialists Computer systems analysts

Sales and related occupations
Securities, commodities, and financial services sales agents

Office and administrative support occupations

First-line supervisors/managers of office and administrative support workers Bill and account collectors Bookkeeping, accounting, and auditing clerks Tellers Credit authorizers, checkers, and clerks Customer service representatives Loan interviewers and clerks New accounts clerks Executive secretaries and administrative assistants Secretaries, except legal, medical, and executive Office clerks, general

Eligibility
International banks actively seek Indian graduates from a wide range of degree subjects. For specialist roles within a bank, graduates in the following disciplines may have an advantage:

Economics Business studies Banking and finance Financial services Computing

A reasonable level of numeracy is important and, with the development of internet banking, an interest in the use of new technology can be useful. However, the most sought after characteristics by these overseas employers, are highly developed communication and people skills.