Sector
BFSI
Keyword

Manager

Branch Manager

Minimum ? Post Graduate (any specialization)

Preferably minimum7-8 years of overall experience with sound banking knowledge

The tasks a Manager, Bank is expected to perform include:

Organizing, controlling and supervising within authority delegated

Managing one or more departments or branches of private or public bank

Ensuring costs are managed within budgets

Ensuring efficient and consistent delivery of customer satisfactionfor all segments/products and striving for operational excellence

Developing strategies to counter competition and maximize market share in the catchment area of branch

Ensuring employees are adequately trained on all products/processes

Minimizing rejections and customer complaints

Knowledge of liability products (Current/Savings/Term deposits)

Well-versed with wealth management products and asset related products (secured, unsecured)

Proficient in retail and credit operations

Well-versed with various deposits and lending products

Knowledge of all the aspects of general banking

Knowledge of various market and promotional strategies

Well-versed with various customer acquisition and retention programmes

Proficient in conducting and analyzing customer satisfaction surveys, net promoter score or any other survey/feedback ratings taken from customer

Proficient in identifying, and taking preventive measures in money laundering cases

/

Not applicable

Customer-centric

Good communication skills

Leadership skills

Relationship building skills

Team player

Self-motivated

Problem solving ability

Analytical thinking

It is a desk job

Need to handle a team

Local travelling is not a part of this job role

Part-time work and contractual jobs are not available

Work from home option is not available

Working hours

Companies usually work for 5/6 days a week for 9/11 hours everyday. This may vary from company to company

Shift system maybe available

Is the job suitable for a candidate with special needs?This job is suitable for candidates with One Arm (OA), One Leg (OL), Both Leg (BL), One Arm and One Leg (OAL), Blind (B) and those who have Low Vision (LV)

This job is not listed as hazardous or dangerous under The Factories Act, 1948 (section 87)

Occupational hazards include strain on eyes, cervical and lumbar spondylosis, carpal tunnel syndrome, mental stress, etc.

For candidates with 5-6 years of experience or more - INR 55,000 to INR 60,000 per month

(These figures are indicative and subject to change)

Current and Future Growth of BFSI Sector in India

The BFSI industry is one of the fastest growing sectors in the country. Public Sector Banks (PSB) and Non-Banking Financial Companies (NBFC) have been the leading employers in the Indian banking sector, accounting for more than 73 percent employees.

Banking credit is expected to grow at a CAGR of 17 percent during 2012-13 to 2016-17. The banking and NBFCs are expected to generate around 1.5 million new jobs between 2013?14 and 2016?17 on account of business expansion, retirement primarily in PSBs and entry of new banks in the private sector.

The sector currently employs over 2.55 million employees and is slated to employ more than 4.2 million employees by 2022. This implies additional creation of 1.6 million jobs in the nine-year period. Keeping in mind the current employment, and the expected growth in the Banking and NBFC, we project that the total employment in the particular segment would increase from about 1.89 million in 2013 to 3.2 million jobs in 2022, which translates to an incremental human resource requirement of about 1.3 million jobs. All these factors mean that there will be a huge demand for Manager, Bank across towns and cities in India.

Public and private sector banks across India

Towns and cities across India