Banks are institutions where people deposit their money to borrow loans and have several other benefits. The person who works there and performs his duties is termed as a banker. Every banker’s job description differs significantly from another as they have different roles and responsibilities. Every individual has a different role and responsibility. Information regarding loans, savings, investments, taxes, and securities of their financial issues are all including in the responsibilities of the banker.
The banker should follow the rules and regulations while performing his duties and take every step very seriously and accurately as it includes large sums of money. He must be able to give information to the clients regarding the services of the bank. Bankers also sell bonds and stocks to their customers to gain more market area and value for money. Bankers assist their clients and customers in filling forms and applying for availing the various benefits offered by the banks.
Skills and credentials
As far as education is concerned an aspirant banker should have good knowledge of banking. For this, he must have a bachelor’s degree or management degree in banking. Information related to investments, insurance, accounts, economics, mathematics and other subjects will give him an extra advantage. Other skills that are required by a banker are as follows. He should be very intelligent and have a good memory. He should have good communication skills so that he can communicate with the customers or clients effectively.
He should have good analytical skills. He must have knowledge of the market and market conditions. He should be active and smart. He should be able to give advice regarding the best investment plans to the customers so that they are satisfied while feeling secure.
As there are a lot of private and government banks, so employment in this field is very fast and large. Recruitments are generally conducted every year or even more regularly. They have good career growth and have secure jobs unless the bank gets corrupt. A person can be a cashier, clerk or accountant and still rise to the ranks of a Bank Manager or general manager. With additional qualifications, he can be among the board of directors too.