Bank Executive Job Description

October 7, 20110 Comments

Bank executive Job Profile and Description

Bank executive is basically someone who is in senior position it can be either branch or a general manager. He or she has to oversee the operations of a branch or banks across the country for the smoothness. He or she works for the profitability of the bank as Banking is one of the most expanding job fields today.

Duties and Responsibilities

       The job of a bank executive is very tough and vital and he or she has to fulfill a number of duties and responsibilities. They are as following:

  • The prime duty of  a bank executive is to bring in new customers and increasing revenues by strategic decisions
  • He or she has to assist in the meetings  and discussions of alliances, mergers, and acquisitions and interacts with the Board of Directors for such issues
  • He or she has to set the targets and then try to meet those objectives
  • He or she will indirectly contribute to the finances of the company  as being an in charge of assembling resources, forming policies and critical measurements
  • He or she has to help the juniors by providing them the training

Skills and specifications

The candidate desiring for the job should have the required attributes and those skills and specifications are as following:

  • MATHEMATICAL SKILLS: the candidate needs to have required mathematical skills.
  • UPDATED AND UPGRADED: The candidate should be updated with the latest developments in the world of finance
  • COMMUNICATION SKILLS: The candidate needs to have required communication skills and need to impart instructions smoothly to the subordinates
  • LEADERSHIP QUALITIES: The candidate needs to possess good leadership qualities so will be able to motivate the staff
  • HARD WORKING: The candidate should have the ability to do hard wok so must be organized, and be able to keep calm in pressure situations

Education and Qualifications

  • This is a senior-level position; candidates are required to have prior experience in banking, mutual funds, insurance company or related field.
  • BASIC DEGREE: The basic degree required for the field is a bachelor’s degree in commerce.
  • The candidate having the degree of an MBA or master’s degree in finance, accounting, sales, and chartered accountancy will help too.

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