Jobs, Careers and Occupations

Banking Jobs, Occupations and Careers

Banking Jobs

Banking companies provide banking services such as checking and savings; deposits; loans, leases, mortgages, and credit cards; ATM networks; securities brokerage; investment banking; insurance; and mutual funds and pension funds.

Banking occupations include anyone working for a bank, credit union or trust company, including branch managers, loan officers, mortgage specialists, credit analysts, bank administrators, bank clerks, customer service representatives or bank tellers.

The banking industry employs more than 1 out of 10 financial managers.

Almost every firm and organization has one or more financial managers who deal with banking, oversee the preparation of financial reports, direct investment activities and implement cash management strategies.

The duties of banking representatives vary with their specific titles, which include branch manager, controller, treasurer or finance officer, credit manager, cash manager, and risk and insurance manager.

Branch managers administer and manage all of the functions of a branch office, which may include hiring personnel, approving loans and lines of credit, establishing a rapport with the community to attract business, and assisting customers with account problems.

Controllers direct the preparation of financial reports that summarize and forecast the organization’s financial position, such as income statements, balance sheets and analyses of future earnings or expenses.

Treasurers and finance officers direct the organization’s financial goals, objectives and budgets. They oversee the investment of funds and manage associated risks, supervise cash management activities, execute capital-raising strategies to support a firm’s expansion, and deal with mergers and acquisitions.

Credit managers oversee the firm’s issuance of credit. They establish credit-rating criteria, determine credit ceilings and monitor the collections of past-due accounts.

Cash managers monitor and control the flow of cash receipts and disbursements to meet the business and investment needs of the firm.

The bank teller is the person most people associate with a bank. Tellers make up approximately one-fourth of bank employees and conduct most of a bank’s routine transactions.

Banking Related Industries

• Accounting
• Finance
• Insurance

IBNLive.com

RBS to shed 3500 investment banking jobs MyFinances.co.uk The Royal Bank of Scotland (RBS) is likely to pay top executives big bonuses despite the poor performance of its investment bank and the low share price. The Chancellor, George Osborne has accepted most of the proposals published in Sir John Vickers ... RBS cuts 3500 investment banking jobsIBNLive.com RBS To Axe 3500 Investment Banking JobsLondonist RBS to slash 3500 investment banking jobsBanking Business Review Hartford Business -Reuters India -Jakarta Post all 1,548 news articles »

Sydney Morning Herald

Westpac slashes Australian jobs Stuff.co.nz Analysts from UBS have tipped that as many as 7000 banking jobs may be shed in Australia in the next two years. ANZ is also in focus with expectations it could slash up to 1000 roles as it also contends with weaker demand for loans. Westpac axes 560 jobsThe Canberra Times all 442 news articles »

Bloomberg

RBS likely to cut 3000-4000 investment banking jobs Stock Market Digital Royal Bank of Scotland Tuesday said it is expected to cut between 3000 and 4000 investment banking jobs, the media reports said. The job cuts are a part of restructuring of the business. According to some sources, the review of part-nationalized RBS's ... RBS TO CUT UP TO 4, 000 INVESTMENT BANKING JOBSAgenzia Giornalistica Italia Royal Bank of Scotland Cuts 272 Jobs at U.K. Corporate BankBloomberg RBS to cut thousands of investment banking jobsReuters UK all 139 news articles »

Banking Jobs Expat Forum I'll be moving to Perth later this year on visa 176 with my partner who's a carpenter. I have 10 years work experience in Bank of Ireland, with a university degree in Business & Finance and many Banking qualifications, pensions, Qualified Financial ...