Career in banking sector Banking is one of the most sought after career choice among the students, owing to its well paid, secure and status career. The emergence of technology-driven new private banks has broadened the scope and range of banking services. Further the entry of Financial Institutions into short-term lending business as resulted into colossal need of professionals. The wide array of fields banks are involve into includes mutual funds , securitization business credit cards, consumer loans, housing loans, housing loans besides trading in gold and other allied activities. Banking Jobs provide a new horizon for jobs in India. The immense growth in the consumer banking industry helps to serve the community with conventional banking service but fuel the growth of economy by loan and financing for various development projects. Further this has facilitated to generate the thousands of job and career opportunities in banking sector of India. By understanding the client's requirements, banking professional help people choose the right investment options available with the finance industry and other industries. Although leading banks appoint management graduates, CAs and CFAs but bright graduates from any subject can get entry in the Premier Banks through an All India Examination conducted by them. One can work in multifarious areas in banking industry, these include:
Customer service.
Front desk.
Cash handling.
Account opening
Banking officer
Probationary officer
Loan officer
Assessor
Personal loan officer
Home loan officer
Home loan agent
Loan manager
Mortgage loan underwriter
Loan processing officer
Accountant
Product marketing
Sales executive
Recovery officer
Retail asset manager
Property appraiser
Customer service executive.
Now days, foreign banks are the most sought after due to their high salary packages with better job profiles. Public sector banks recruit graduates at the entry level on the basis of All India Level examination. Therefore joining a Public sector Bank as Probationary Officer (Direct Officer) on the basis All India exam has become a stepping stone for the career growth in the banking industry.
There is a tough competition in the banking sector to come up with innovative and customer friendly schemes. Most of the banks have all their branches connected via the computer network. There is a growing need for improved banking facilities due to industrial liberalization which have contributed towards a big change in the banking environment. Further this has enabled to generate a large number of opportunities in banking jobs and a requirement for people with marketing and technological skills.
