The advent of digital banking has completely changed the landscape of retail banking. Recruitment at entry-level is likely to be in sales, relationship management, software development, and maintenance.
Do you like helping people tone up their financial assets? Do you possess cutting edge selling skills? Can you deal with intense competition? Do you possess adequate knowledge of using the software, and educating people in it?
Then, you are cut out for a Bank Relationship Manager role.
Relationship Managers are recruited in banks to manage CASA (current and savings accounts) clients, wealth management and loan products.
Two universal banks, seven payment banks and ten small finance banks have entered the private sector in the last three years, opening up new opportunities. The skill sets needed are a combination of technical, sales and relationship management.
Some banks might take MBA interns. Most of the banks discourage internships due to fear of data leakage.
Uday Kotak of Kotak Mahindra
Competitive exams are held only for entry level in public sector banks. Certain large private sector banks may hold an online personality assessment test, before recruitment. Foreign banks may have a written test specific to their organization.
1. Symbiosis Institute of Banking and Finance, Pune
2. National Institute of Bank Management, Pune
3. Institute of Public Enterprise, Hyderabad
4. Amity School of Insurance, Banking & Actuarial Science
5. Chitkara University, Punjab
6. Tapmi Management Institute, Manipal
7. VidyaBharathi’s Group of Institutions, Cochin