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. accounting jobs,america job bank,bank jobs,bank of america jobs,bank teller job description,banking and finance jobs,banking career,banking employment,banking jobs,banking recruitment,banking vacancies,computer jobs,freshers jobs,hrdc job bank,
investment banking job,job in banking,uk banking jobs Key job areas in commercial banking include loan issuance, mortgage services, leasing, credit card banking, international finance, trade credit, trust services and overall operational handling. National as well as international recruiters look for candidates with a broad range of skills for financial management positions. Financial managers should be creative thinkers and problem-solvers, applying their analytical skills to business. They must be comfortable with the latest computer technology. As financial operations increasingly are affected by the global economy, financial managers must have knowledge of international finance. Proficiency in a foreign language is also considered as an important aspect. A bachelor's degree in finance, accounting, economics, or business administration is the minimum academic preparation for financial managers. However, many employers now seek graduates with a master's degree, preferably in business administration, economics, finance, or risk management.
Bank Tellers must verify the date, the name of the bank, the identity of the person who is to receive payment, and the legality of the document. A teller also must make sure that the written and numerical amounts agree and that the account has sufficient funds to cover the check. The teller then must carefully count cash to avoid errors. Sometimes a customer withdraws money in the form of a cashier's check, which the teller prepares and verifies. When accepting a deposit, tellers must check the accuracy of the deposit slip before processing the transaction. The teller is the person most people associate with a bank. Tellers make up approximately one-fourth of bank employees and conduct most of a bank's routine transactions. Among the responsibilities of tellers are cashing checks, accepting deposits and loan payments, and processing withdrawals.
Financial Managers excel at developing and implementing financial policies and procedures. Their expertise and input is essential in identifying, attaining and maintaining their organization's financial objectives and strategies. Specific responsibilities often include creating business plans and forecasts, evaluating existing business processes and new business proposals for financial impact, implementing cost controls or championing new initiatives. Financial managers direct bank branches and departments, resolve customers’ problems, ensure that standards of service are maintained, and administer the institutions’ operations and investments. The duties of financial managers vary with their specific titles, which include controller, treasurer or finance officer, credit manager, cash manager, and risk and insurance manager. Controllers direct the preparation of financial reports that summarize and forecast the organization’s financial position, such as income statements, balance sheets, and analyses of future earnings or expenses. Controllers also are in charge of preparing special reports required by regulatory authorities.
A Loan Officer evaluates, authorizes, or recommends approval of commercial, real estate, or credit loans. Advise borrowers on financial status and methods of payments. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters. A loan officer helps borrowers fill out loan applications, analyzes and verifies loan application information, requests credit reports from the major credit reporting agencies, and decides, along with his or her manager, whether to extend credit. The loan officer also keeps a loan file on each customer. Loan officers usually specialize in commercial,consumer,mortgage loans.
Financial customer service representatives promote their financial institution's products and services, open and close accounts, keep records of transactions, accept payments, and receive and pay out money. The minimum education requirement is a high school diploma but employers generally prefer to hire applicants who have some post-secondary education. Related experience in banking, retail sales or positions with a high degree of customer contact is a definite asset. During the three to six month on-the-job training period, trainees must meet specific standards of performance to become permanent employees.
Bookkeeping, Accounting and Auditing Clerks Compute, classify, and record numerical data to keep financial records complete. they perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. They may also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers. Conventional occupations frequently involve following set procedures and routines.
