An insurance analyst hold several responsibilities such as conducting an assessment on various insurance policies, determine associated risks for both insurance company and policyholders. Insurance Analyst: A career as an insurance analyst is one of the finest job in the banking sector. His or her role requires to support cash management activities. A bank clerk directs customer to bank personnel and verifies personal and and financial data of people having a bank account or applied for opening a bank account in the certain branch. He or she is responsible for processing customer transactions and answering visitor questions. Administrative assistants might be able to send correspondence, and also for addressing customers.īank Clerk: A bank clerk is considered an entry-level role in the banking sector. It usually involves answering telephones, taking notes, and keeping financial documents in the bank.
It is one of the major sun-disciplines of a career as a bank PO.Īdministrative Assistant: Most administrative assistant roles relate to handling and transmitting information within an office.
Po office software#
Many employers use their own software which requires training of the accounting clerk, while others use common generic software. We have mentioned below such job roles.Īccount Clerk: Account clerks are responsible for activities like entering and filing records, updating and checking accounts using computers, ledgers, and software for accounting. Individuals who aspire to establish a career in the banking or finance industry can opt for alternative jobs to a career as a bank PO. There are several other sub-disciplines of a career as a bank PO. Often, they solve bank clerks' difficulties during some transactions if it is required. Payment clearanceĮven though the bank clerks are allowed for most money transactions and payments but in circumstance of a certain value on the cheque, demand draft, national electronic funds transfer (NEFT) / real-time gross settlement (RTGS) and other payment methods, they will also have to take bank po’s approval and permission. Probationary officers may also need to meet customers and organizations to promote deals as the public banking industry generally does not have any advertising or marketing departments to boost the bank's profits.
This is the obligation of the bank probationary officers to ensure that the different products and programmes provided to its customers by the bank are implemented. The implementation of core banking requires the bank probationary officers to submit and check the financial documents to the national and zonal offices on a continuous basis. Utilising the information, bank po have to register into their database, print out documents, physically confirm each transaction and report whether any discrepancy is identified. The bank probationary officers have to create a new account appropriately on a regular basis and close this every day that meets the everyday banking operation. Avenues such as creating a new account, working with new and existing customers' ATM cards, managing withdrawals and loans, providing cheque books are some of the customer service duties which the bank probationary officer could regularly have to do. The clerical officers in a bank primarily manage the appointments, with customer care, the probation officers also have to manage the client and seek to provide all the details and care which the bank has ordered. Several other banks even assign the duty of probationary officers for maintaining the ATMs in a specific region. The bank PO also has to open a temporary counter within the bank premises to distribute cash deposits and withdrawals because of the large number of customers in the branches. It has become essentially important for the probationary officers to manage the cash section in the banks too, due to the excessive burden and the obligations on the clerks as a result of multiple government initiatives being associated with the banks in the country. There are several other departments in the banking industry, such as foreign exchange, treasury, clearing, risk management from which one might have to function more according to their priority. This may include administrative jobs, managing duties such as branch manager in the absence of branch manager, routine functions, and some other activities such as raising the bank portfolio in credit and advancements, recovery management, settlement of claims. A bank PO is required to assist their branch manager in each and every financial system and domain. Career as Bank PO requires performing multiple tasks.