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how to become a financial bank manager ?
i am completed 12th std so ? #banking #bank
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5 answers
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Katya’s Answer
Hi Deepa, in order to become a branch manager- you would need to start with an entry level job-that would be a cashier/teller/csr. You need to learn how to handle cash, operations around cash control. As a teller you also responsible for making daily referrals based on your center goals as well as delivery exceptional customer experience.
After being a teller for about 6 months to a years -all depending on how well you did with your goals and performance -you should apply for the next level becoming a relationship banker. In this role- you will undergo many sales training-where you will learn how to sell products, match benefits statements to the client needs, how to refer clients to other lines of business ( mortgage specialist, business bankers, financial advisors ). You will ,earn how to properly complete a chat form or a needs assessment questions to better understand your client needs and offer the best financial solution. You will earn how to make phone calls to your clients around follow up conversation or sales ones.
In previous roles- you should be able to become proficient around branch operations- that’s also part of your performance. If you are and you are proactive daily to assist the team, your Leadership ,also focusing on your individual growth- such as working in your individual action plans - you should be halo wya ready to tackle the operational supervisor/assistant branch manager role.
In ABM role-you will be focusing on making sure your entire teams operates , follows bank procedures-and you now must hold them accountable. Whenever need you will deliver coaching session, you will recognize, hold meeting, daily and mid day recaps on the sales, ops, and customer service expectations.
As a Branch Manager-you now need to Lead your team, constantly build teamwork, always recognize for great work and allow then to have a voice-it’s not just you telling your team what you expect- now it’s allowing your team to collaborate and deliver solutions. Which is not an easy task- because now as a Leader you are facing with different personalities, background- and now you need to include diversity and their voices to make a stronger bond. Your role is to hold your associates accountable to daily results, do yearly and mid day performance appraisals, volunteer in the community and support your leadership on organizational changes and drive the mission of the company.
After being a teller for about 6 months to a years -all depending on how well you did with your goals and performance -you should apply for the next level becoming a relationship banker. In this role- you will undergo many sales training-where you will learn how to sell products, match benefits statements to the client needs, how to refer clients to other lines of business ( mortgage specialist, business bankers, financial advisors ). You will ,earn how to properly complete a chat form or a needs assessment questions to better understand your client needs and offer the best financial solution. You will earn how to make phone calls to your clients around follow up conversation or sales ones.
In previous roles- you should be able to become proficient around branch operations- that’s also part of your performance. If you are and you are proactive daily to assist the team, your Leadership ,also focusing on your individual growth- such as working in your individual action plans - you should be halo wya ready to tackle the operational supervisor/assistant branch manager role.
In ABM role-you will be focusing on making sure your entire teams operates , follows bank procedures-and you now must hold them accountable. Whenever need you will deliver coaching session, you will recognize, hold meeting, daily and mid day recaps on the sales, ops, and customer service expectations.
As a Branch Manager-you now need to Lead your team, constantly build teamwork, always recognize for great work and allow then to have a voice-it’s not just you telling your team what you expect- now it’s allowing your team to collaborate and deliver solutions. Which is not an easy task- because now as a Leader you are facing with different personalities, background- and now you need to include diversity and their voices to make a stronger bond. Your role is to hold your associates accountable to daily results, do yearly and mid day performance appraisals, volunteer in the community and support your leadership on organizational changes and drive the mission of the company.
Updated
Simeon’s Answer
When you are able to start working, see if you can get a job as a teller at a small bank or credit union. You will get much more practical experience at a smaller institution and might find some opportunities for yourself to move up. Either way, I would recommend making friends with your coworkers and keeping up with them. If you are looking to become a manager, the sooner you can start building friendships with people in the industry, the better. You'll likely need a degree in accounting or finance, but not necessarily. Keep networking with your fellow students throughout school and then try to land a good internship in banking and network there as well. It's not uncommon to get hired by a company that gave you an internship in the past, so try to keep that relationship going.
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TaraPrasad’s Answer
Hi, to get into banking career, you need to specialise in accounting and finance, which gives you an insight into basic banking activities. Once you earn a bachelor's degree, you can give bank exams which allows you to start a career with public banking sector.
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Faten’s Answer
You will have to study something related to finance.
You should start as a teller and then move to a managerial position (i.e. head of operations) then assistant branch manager then eventually branch manager.
You should start as a teller and then move to a managerial position (i.e. head of operations) then assistant branch manager then eventually branch manager.
Updated
Chaithanya’s Answer
Hi Deepa,
Its good to hear that you are interested to become a Bank Manager. For this what you can do is to opt for one of the Finance or related subjects in your graduation (preferably).
If you prefer to join a government Bank, then you can attempt to an IBPS exam for Probationary officers or SBI Probationary officers exam. Once you clear one of these you can join the banks as a Probationary officer and with experience you can grow as a Bank Manager. You can join in your Masters like MBA in parallel, while you attempt for these exams just in case it takes time for you to clear the test. https://en.wikipedia.org/wiki/Institute_of_Banking_Personnel_Selection.
If you prefer to join a private sector Banks, you can do so after finishing your graduation and apply for the banks. With further studies, and experience you can settle down as an effective Bank Manager.