— Karl Marx.
Here's what we at mapmytalent know about a bank officers' career (essentially for PSU and large Pvt. Sector banks).
Money is important to every individual and to every economy; and the people who play a major role in managing money are the bank officers. Banks are of critical importance to every economy and in order to ensure proper demand and supply of money in the economy, bank officers are essential. A career in banking is a lucrative career option for many as there is immense scope.
A Bank Officer performs a large amount of financial activities and offer services like Banking Operations, Relationship Management, Forex Operations, advice related to investment and insurance and for other banking operations like deposits, withdrawals, drafts, overdrafts etc. Their work may require them to work in different capacities such as a Branch Manager, Assistant Branch Manager, Loan Officer, Personal Banking Manager, Pension Officer etc. These roles get assigned to the bank officer depending upon their experiences and job efficiency and their knowledge of banking and financial rules, regulations, and proceedings. The bank officers are given special training from time to time whenever newer policies are made and introduced by the government of India.
Apart from dealing with the retail customers, the bank officers also handle the corporate sector clients. They also get opportunity to work in fields like Mutual Funds / wealth Management etc. Since the introduction of modern information technology, these officers are trained adequately to meet the growing demands of the customers.