Banking Exam

Introduction to Banking Career | Bank PO,Clerk,Specialist Officer Work Detail

Introduction to Banking Career | Bank PO,Clerk,Specialist Officer Work Detail

Dear friends , We got many queries regarding working nature of Bank Jobs. So today we are sharing Information about Banking Work Nature for different Posts Such as :- PO,Clerk.Office Assistants, Specialist Officer etc. Please read this article carefully to understand nature of work in Banks. Be ready for Latest Bank and Insurance Exam With http://newstechcafe.com.
Probationary Officer (PO)/Management Trainee (MT)

A Probationary officer (PO) or a Management Trainee (MT) is the first level to enter the banking world. He or she reports to immediate seniors who evaluate his performance in the tasks assigned to him. Initially, a Probationary Officer can be assigned any work from a wide gamut of ongoing banking activities. Normally the probation period is of two years in which the officer is exposed to different types of banking related works. In some banks, the duration may be limited to one year. The officers or trainees may undergo frequent transfers or deputations during the probation period.

Once the probation period is completed the officer is confirmed as an Assistant Manager and gets his or her permanent posting. Some banks are now placing officers as Deputy Managers also, just after confirmation, provided they pass the test conducted by the bank. For example: State Bank of India conducts a confirmation exam. If a probationary officer passes the exam, he is confirmed as an Assistant Manager. In fact, the State Bank of India even gives a chance for promotion to Scale II to candidates who perform exceptionally well in the exam.

After confirmation officers can be posted in specific areas of banking. Iitially, they may be assigned customer handling tasks such as passing a cheque, cash management, or issuing drafts. The person may be shifted to other departments subsequently.

A Probationary Officer can reach up to the level of Chairman of a bank. One shining example of such a growth is Chanda Kochhar. She started her career as a as a Management Trainee with ICICI bank in 1984 and rose to the position of Managing Director (MD) and Chief Executive Officer (CEO).
Specialist Officer

A Specialist Officer in a bank is appointed for specialized roled in various departments, according to their expertise and educational background. Some of the Specialist Officer Positions in Banks are:

Information Technology Officer
Agriculture Field Officer
Rajbhasha Adhikari
Law Officer
Technical Officer
HR/Personnel Officer
Marketing Officer
Credit Officer

A Credit officer, also referred to as loan officer, facilitates lending from financial institutions to individuals and businesses. Credit officers are responsible for assessing and verifying the client's financial information and helping the client get through the often complex loan process.
Law Officer

A Law Officer deals with legal issues received from various departments of the Bank and its associate institutions, which are mainly related to the interpretation of various statutes.
He/she is also responsible for:

Preparing initial drafts of legislation administered/to be administered by the Bank
Preparation of drafts of pleadings and comprehensive instructions/briefs to counsel in connection with litigation involving the Bank and its associate institutions
Appearing before Conciliation Officers, Labour courts, Tribunals, etc. on behalf of the Bank.

Essential Educational Qualification: Bachelor's Degree in Law recognized by the Bar Council of India for the purpose of enrolment as an Advocate with a minimum of 50% marks or equivalent.
Agriculture Officer

An Agricultural Officer is responsible for promoting loans in rural areas related to general and agricultural purposes under the various schemes framed by government and other financial institutions. The officer needs to maintain a good professional relationship with farmers to for lead generation, client acquisition, site visit before the loan sanctioning,