8 Crucial Entry-Level Roles Offered In The Banking Sector In India

BySana

The banking sector is one of the most reliable and lucrative sectors in India in terms of job security and satisfaction. A job in this industry will not only give employees a handsome salary but also a variety of growth opportunities. No matter how bad the times were in the Indian economy, this sector stood steady and survived the darkest of times. The banking sector is spread all over India, with both private and government agencies involved.

The banking sector has proved from time to time that it is nowhere close to stagnation and will continue to expand. It has been producing countless jobs for decades, taking the economy forward.

The Indian banking sector has many departments that offer a variety of services to clients. These departments bring a treasure trove of opportunities to job aspirants with a countless number of positions that are filled by job seekers across the country every year. The need for a proper guide and short-term banking programme has become popular among job aspirants who are looking for a bright career in the banking sector across India.

  1. Transforming banking services in India

The Covid-19 pandemic has driven the banking and financial sectors in India towards a digital transformation in the last couple of years. Contactless financial transaction apps such as Google Pay, Phone Pay, Amazon Pay, Paytm, and more have become the standard mode of payment all over India. Customers are now more accustomed to online banking services, and digital banking services are generating more revenue than ever before.

The working population in India is growing, and their growing income is swiftly increasing the demand for different baking services in the country. The finance and banking industry in India is estimated to be valued at Rs 6,20,700 crore by the end of 2025, said Bhagwat K. Karad, Minister of State for Finance.

This is giving rise to a great demand for professionals well-versed in today’s banking trends in India. Job aspirants in this sector need to update themselves with the latest and most relevant banking and finance skills that employers may seek.

The PGDM Short-term Banking Programme, curated in association with TimesPro, is designed to prepare graduates for a promising career in the banking sector.

  1. Job profiles offered at an entry-level in the Indian banking sector

Here are the 8 most lucrative entry-level positions in the banking sector in India:

  1. Relationship Manager

A relationship manager at a bank is required to manage client relationships and keep records of the services. The responsibility of managing all the banking and financial requirements of the clients is one of the primary duties of a relationship manager.

  1. Assistant Manager

Assistant managers need to look over different banking services, including the customer service department. They are also responsible for assisting existing and potential customers, reviewing and managing staffing procedures, and more.

  1. Information Technology (IT) Officer

The IT officer at the bank is responsible for streamlining the processes of the data centre, in which all the data and core banking applications are stored.

  1. Security Manager

The security manager at a bank identifies and prevents various illegal activities. He/she is also responsible for assessing cybersecurity tools and protecting customer data.

  1. Law Executive

A law officer at a bank in India must make sure that all the rules and regulations that are laid down by the RBI are followed by the respective bank.

  1. HR Manager

An HR manager is in charge of managing the affairs of the staff and attending to the needs of the employees across departments.

  1. Branch Manager

Bank managers oversee all the operations of their bank and ensure that every process is conducted smoothly. They are required to deliver proper customer service, manage resources, develop business strategies and more.

  1. Business Development Manager

A business development manager is tasked with the job of garnering better brand recognition and financial growth for the respective bank.

  1. TimesPro PGDM banking programme transforms you into a competent banking professional

Their short-term banking programme, conducted in association with TimesPro, is designed to help participants build a career in customer management. The programme is primarily focused on sales and marketing services in the banking sector.

Here are the key highlights of the programme:

  • It offers five assured job opportunities with 100% placement assistance.
  • Veteran and experienced bankers are part of the faculty.
  • Provides the most up-to-date curriculum to learn to the bank.
  • Provides both the soft and hard skills required for the new-age banking sector.
  • Prepares the students for customer-facing roles that are focused on sales and service.
  • Finacle (Infosys) is the authorised training partner.
  • Has over 350 placement partners including HDFC Bank, ICICI Bank, Yes Bank, Kotak Mahindra Bank, Indusind Bank, Axis Bank, IDFC Bank, and more.

To know more: https://earlycareer.timespro.com/blog/8-crucial-entry-level-roles-offered-in-the-banking-sector-in-india/

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