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Banking as a Career

Banking as a career provides a great challenge, it helps to develop analytical skills useful in a company's strategies. It is one of the fastest rising sector which every individual wants to opt. It is not only meant for commerce or economics students but for all graduates with any educational background.
 
Probationary Officer:
  • The POs have a one or two years probation period during which they are given exposure to various important functions of the bank such as Loans & Advances, Foreign exchange, Credit Rating, Treasury, Risk Management, IT, Marketing etc.
  • The PO will report to their senior officer who will closely supervise and evaluate the performance for the certain time period.
  • It is extremely important to be in good performance during probation period as banks have right to terminate the employee if they feel one doesn't fit for the position.
Assistant Managers
  • Multinational banks recruit fresh management graduates as Management Trainees and appoint them as Assistant Managers on confirmation.
  • The area of work may depend on the area of specialisation in MBA and can be corporate banking, merchant banking, forex management and retail banking etc.
  • Generally fresh Management graduates from leading B-Schools are considered for this position.
Clerks
  • The job of a clerk, in banking sector, is to deal with public, maintain the records of accounts for customers and banks, foreign exchange, in house/ intra branch transfer accounts etc.
  • With the introduction of Information Technology, the traditional working patterns have been replaced by IT networking and these clerks are required to be skilled in computer.
  • For this position, the candidate must have passed Xth with 60 per cent; 10+2 with 50 per cent and Graduates of any discipline in the age group of 18-26 years are eligible to appear in the Competitive Written Examination, followed by an Interview.
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