Banking Career And Recruitment Advice

Expand your banking career! The banking sector makes it possible to carry out somewhat atypical careers, in particular by going through commercial functions in different markets, banking management, or support functions such as marketing, human resources or finance.

Example of a banking career

Among the multitude of banking careers in retail banking, there is still a typical path, that feasible agency and accessible to young graduates, it could be called: “the path agency.”

Start at the reception desk of the bank

Institute for banking and finance recruit their staff from two or three years of study to the position of commercial assistant at the reception. This first step is unavoidable in many French banks because it allows becoming familiar with essential banking products and services. The mission of the bank reception manager is to receive customers, give them savings and account management advice, carry out day-to-day operations. The receptionist must have a financial profile. Indeed one must be able to listen to the clientele and be a force of proposal.

Manage your first client portfolio

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The profession of a financial advisor is more complicated than the hospitality professions. The goal is to accompany the client in all the moments of his life. Ideally, the advisor starts with a general public whose cash flows and stocks are generally lower, such as students, younger workers, and more popular backgrounds. A global offer must be provided to the client to enable him to manage his expenses, save and insure for the day-to-day. It is also in this position that one realizes its first real estate loans, it must then be able to retain the customer and be educated in the face of many questions.

Develop skills and experience

The financial advisor can then move towards a so-called “higher-end” clientele with more massive cash flows and stocks to manage. The offer of banking products and services evolve with different customer needs such as life insurance policies, provident insurance, or retirement.

Professional evolution in banking

After 5 to 10 years of experience in a bank branch, the bank employee can move to more specialized trades. Wealth management to advise more affluent clients, the profession of customer relations professionals with tiny companies or management at the position of director of agencies.

High-end customer advice

If you are attracted to the retail market, the position of wealth management advisor can address much more complex banking techniques such as tax exemption, entrepreneurship or investment.

This job can be done in a bank branch, in a business center with a business manager, or a head office.

To work with a wealthy clientele, it is necessary to have experience in courses related to banking, mainly to answer specific heritage issues, and this sophisticated clientele may be challenging to address.

Evolution towards a more B2B relationship

Another possibility is to move towards the professional market. In contact with TPE (traders, craftsmen, and liberal professions) the professional client advisor must master a large panel of banking solutions for the client’s pro and personal sphere. To exercise this specialized profession, the banks offer in-house training, and a good diploma of the BAC + 5 level allows you to start in this position at the end of your studies.

Become a bank manager

To hope to evolve towards the management of a bank branch, it is necessary to master all the stages of the path agency on the market of the individuals, to know the market of the professionals and to have right notions of patrimonial management.

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