29Feb
by: Larla
There are many areas in the Banking Industry. You can have a job at a large commercial bank, local bank, savings or online bank.
Bank Tellers are the most common of the banking jobs. Now, they are also trained into marketing bank products like loans, credit cards to their clients while doing their usual duties.
Customer Service Representatives are the one’s who help customers if they have any queries regarding the bank. They have the knowledge in the products that the bank offers. Also, complaints go through them. They handle clients through phone or email.
Loan Officers is where you submit loan applications and they are the one who review the application. They help clients complete loam application forms and also sell these products.
Clerks/ Admin Assistant help in the day to day clerical duty like data encoding and may work as receptionist.
Financial Manager, supervise the day to day operations of the bank branch. If there are queries that employees cannot answer, customers are usually asked to speak to them instead.
28Feb
Customer Assistance Account Agents is a position that requires strong customer service skills and negotiation abilities. Managing a high volume of phone inquiries with minimum supervision while displaying patience, sound judgment and professionalism under pressure are some of the qualifications of a person who will be successful in this field. They review delinquent and past-due accounts, provides assistance information and advice on requests received by phone, making payment arrangements for customers and maintaining strong customer relationships. This position is synonymous to a customer service representative but the difference is, the position requires some financial expertise and analytical ability . A positive attitude interacting with people is very helpful.
26Feb
The dynamic industry of banking and finance is constantly changing with the regular creation of new products. This dynamism often creates some gaps in information which makes it difficult for financiers and bankers to keep up with the changes. This is more felt in emerging markets where professionals have to keep up with rapidly and constantly changing regulations that are either revamped or relaxed.
Banking and finance newsletters are often used to help professionals to keep abreast with the changes in the industry. Contents of the newsletters are derived from contents that are included in workshops and courses that are given in the industry. Newsletters are sent either in hard copy form or through Emails to take advantage of available technology and makes delivery simpler and easier.
20Feb
Video Resume is the latest innovation that allows a person to present himself to prospective employers looking for employees to handle vacant positions in a company. Job seekers that range widely in age and career background, from a college student to a mid-career professional find this very helpful as according to a recent Vault survey, 89% of employers are interested in viewing video resumes. Video resumes allows prospective employers to see the kind of person they can possibly hire, not just on papers but on a video which gives them an opportunity to initially evaluate their qualification. A video resume is the next step, a new and different way to present yourself, to stand out.
15Feb
An Investment banker analyst handles requests by others in the firm, asking for case studies, connections with certain personnel at client firms, etc. The task is to fill out the series of forms that will be submitted to one committee after another for review. Essentially, every form looks the same and involves a “company overview” for evaluation. Other tasks involves putting together a set of trading/transaction comparables, do extra research, fetch a few industry reports, download files accessible to everyone on the Internet, make printouts, put together working group lists for deal teams on a transaction, etc. Sometimes, he help out other analysts calling for some files or work you’ve done on something so they don’t have to start from scratch on their related project.
10Feb
A personal banking officer is a member of a a bank’s retail branch sales team, whose responsibility is to contribute to the team’s overall success by meeting negotiated personal sales and sales activity goals through the identification and satisfaction of customer needs. He is also be responsible for delivering excellent customer service and selling a full range of customized financial solutions to new customers as well as a number of existing Branch customers. He must be a strong relationship builder and communicator; with a thorough knowledge of solicitation, telemarketing and negotiating techniques. Must be highly organized and results oriented with demonstrated flexibility in adapting to a constantly changing environment.
10Feb
The role of a Financial Analyst is to provide people with an idea on how to invest and secure their money in order to create a viable financial portfolio. Financial Analysts are usually connected with banks, mutual funds, securities firms and insurance companies. Their work is similar to a sales person who tries to push a certain product or service to the consumer, which in the case of financial analysts allows the consumer to generate additional income from the money he spends.
Some financial analysts specialize in certain aspects of investment banking and studies companies that are offering their stocks to the public for the very first time. They are sometimes task to look into mergers or company takeovers or at times even look into the capability of companies to pay off their debts.
