Raguragavan Sreetharan | Make Your Way Ahead for a Banking Job

Ragavan Sreetharan | A banker is a professional, who deals with the funds possessed by the customers and helps them manage it. These professionals hold great communication skills and ace the art of customer service. Their every day work involves dealing with the customers and helping them choose the beneficial investment plans, thus a detailed knowledge of the banking services is crucial to them. For all those aiming to find their abode in the banking sector, the future looks promising. In the years to come, banking is expected to be among the sectors creating a maximum number of jobs.

If we are to believe the sources, banking is anticipated to created 7-10 lakh jobs in the next decade. It is even expected to be among the top job creators in the year 2014. Behind this lie many reasons, one of which is the public sector openings that are to come up in the years to come as half of the staff employed by the public sector banks is expected to retire soon. Besides, the hopes of new banking licenses to be issued would also create demand for banking professionals in the country. Besides, the new government financial inclusion plans, which seek to expand banking into the rural areas. This ensures a better future for those aiming to be employed in the banking industry.

Besides, if we talk about the qualifying criteria for these jobs, a minimum of a bachelor's degree would be required. However in the public sector banks, a qualifying examination is conducted, whereas the private sector banks hire through recruitment. One can go on to apply for varied positions in a private sector bank such as customer care executive, bank teller, relationship officer, loan officer, financial analyst, sales manager, personalized banking officer or operations manager. For the higher level positions in a bank, the criteria may be more than just a bachelor's degree. Generally, for the positions, an MBA degree is required, or a prior experience in the banking industry is considered.

If you found yourself to be eligible for these jobs, you just have to review the criteria specified by the bank, for the position you wish to apply for. For instance, an investment banking officer has to hold comprehensive communication skills besides a detailed knowledge of the basis, on which an investment plan can be suggested. Similarly, for varied positions, different criteria is set by the bank to bring apt resources.

Raguragavan Sreetharan | Now when, you know all about the banking sector and your prospects to make it to a banking job, all you need to do is to step ahead and find the suitable vacancies. The best sources that can help you get this task done are the job search websites. You can simply log on to these sites and scroll through the openings in banks.