The banking sector is an area that provides eligible candidates with numerous job opportunities. A job with this sector does not just mean jobs in the core domain, but also with many other fields. Some of them include:

• Retail Banking
• Corporate Banking
• Wealth Management
• Institutional Sales
• Bancassurance
• Asset management
• Customer Relationship
• Investment banking

The candidates will be required to be present for an entrance exam as to get admitted into the posts they wish to join. All banks will carry out a written exam. Those who clear the written test will be need to be present for an interview with the board of members. Candidates who pass the interview can join the available position. Fresher’s can get appointed directly these days on a contract basis also.

Banking Sector Jobs

Some of the job positions that are available for candidates are:

• Assistant bank manager
• Bank cashier
• Bank clerk
• Bank customer service
• Bank executive
• Bank help desk
• Bank manager
• Bank receptionist
• Bank teller
• Banking sales
• Branch manager
• Chairman
• Chief Manager
• Deputy Manager
• General Manager
• Investment banker
• Investment banking analyst
• Loan Consultant
• Loan Officers
• Manager
• Managing director

Pay scale in banking sector

The salary that a person gets from a bank of the public sector will vary with the remuneration a person gets from a bank of the private sector. Besides this, the salaries will also change according to the designations as well as grades of the employees. Though all this will affect the salary of the employees, the basic pay will be the same for all banks of the public sector. The rough salary details of individuals of the banking sector are provided below:

• Clerks - Rs. 4410-13210
• Junior Management Grade - Rs .10, 000 - Rs. 18,240
• Middle Management Grade - Rs. 13,820 – Rs. 19,920
• Middle Management Grade - Rs. 18,240 – Rs. 22,280
• Senior Management Grade - Rs. 20,480- Rs. 24140
• Top Executive Grade - Rs. 26,620 – Rs. 29,340

Pros about Jobs in Banking sector Jobs

One of the advantages a person will have by getting employed with the bank is that they will have a comprehensive knowledge about all possible things within and outside the banking domain. Again, the monetary benefits from this sector are an all time high for people with experience and the right qualification. Apart from all this, employees of the banking sector will also get a variety of insurances and policies that will cover all aspects of their lives. Retirement and pension plans are provided by the banks too. Employees can also take loans from the banks they work with.

Cons about Jobs in Banking sector Jobs

One of the difficulties employees of the banking sector faces is the possibility of transfer every few years. Apart from this, individuals also must have a good knowledge about the many services, the possible problems that may arise, the different processes and their solutions. Because of this extensive learning is required for them. The working hours too won’t be that much satisfactory. On top of this, employees will have to deal with irate customers at times. Above all these problems, the biggest drawback a person will have to endure is the work pressure.