Role of a Probationary Officer in Bank: Things to Know

If one thinks of a lucrative career, banking is one field that certainly ranks high in the list. If someone is asked about the most privileged designation in bank, almost everyone would answer it is the role of a probationary officer. Therefore many bank training academy in Delhi provide short term courses for banking jobs that focus solely on preparation of PO exams.

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Like many professions in the professional world, banking has a hierarchy in which probationary officer sits very much on the top. Add to that there is tremendous scope to rise in terms of rank and seniority. Although many draw a bead on becoming probationary officer, few of them know what the role and job profile is all about. Let’s find out

  • The designation of bank probationary officer is not absolute by the rule books. It is basically a training period (usually 2 years) whilst candidates works in the bank as an employee.
  • During this training period, PO candidates may be assigned with jobs in almost every department or specialization like clerical, loan department, finance, accounting, accounts preparation etc.
  • On completion of the probationary period, candidate earns the designation of Assistant Manager. In this particular designation, the candidate’s primary job is to expand the business of the bank in the region vis a vis maintain the daily transactions, draft clearance, cash management and even occasional customer disputes and grievances.
  • Planning and budgeting, investment management is also vital to a bank branch’s operations. These are assigned to the candidate based on their performance in the probation period and also on how industrious, quick decision maker they are.
  • PO’s may also have to be the vigilante for all the activities carried out by the bank’s clerical department.
  • Bank PO’s must stay abreast with the latest of the RBI directives issued to the banks along with the pan India functioning of the bank consortium they are part of.

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5 Factors To Choose The Best Course in Finance

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With the rise and importance and need to study a program to specialize and obtain specific knowledge and skills that open the way to the business world, competitiveness makes this a perfect way to excel. Therefore it is essential to find the best Master and the job oriented banking program in India.

What factors can guide us when deciding the best courses in banking and finance? In this article, we leave you 5 Factors to choose the best banking courses.

Know the Objectives

It is very important to know where we are going. Therefore, whenever you are going to face an important decision in life, you must be very clear about the objective you want to achieve. Time is the most precious value you will invest in your entire life and managing it is not an easy task.

Facing a courses in banking and financemeans working to achieve the understanding and application of financial theory, understand and know how to use the management tools or enhance the management performance of the participants. Improve decision-making capacity in any field. Response to the needs and demands demanded by the market, in search of talented professionals like you.

Program and Modules.

If the objectives are important, the program and its modules will Continue reading