how many jobs are available in commracial banks?

 

 How many jobs are available in commercial bank?

        

jobs in commercial banks

                                                                   

There are many jobs available in the commercial banks which can employ a substantial number of youth in the country. Working in a commercial bank can get you paid to solve your bills. The commercial bank is a very important sector in the economy and determines how business activities grow positive or negatively, the various jobs that are available in the sector helps to cushion the effect of the unemployment level in the country. Some of the jobs available in the commercial bank industry are as follows:

 

1.      Account manager: (has a total of 102,200+ job opportunities with a 5% growth rate)

2.      Bank teller: (has a total number  405,000+ job opportunities with a 12% growth rate)

3.      Personal banker :(has a total of 222,000+ job opportunities with a 4% growth rate)

4.      Loan officer: (has a total of 216,000+ job opportunity with a 8% growth rate)

5.      Internal auditor: (has a total of 216,000+ job opportunity with a 6% growth rate)

6.      Branch manager: (has a total of 122,000+ job opportunities with a 16% growth rate)

7.      Loan assistant: ( has a total of  122,000+ job opportunities with a 5% growth rate)

8.      Under writer: ( has a total of 97,000+ job opportunities with a -5% growth rate)

9.      Credit analyst: ( has a total of 65,000+ job opportunities with a -4% growth rate)

10.  Mortgage banker: ( has a total of 50,000+ job opportunities with a 8% growth rate)

11.  Marketers: (Have a total of 255,000+ job opportunities with a 10% growth rate).

 

What are the department in a commercial bank?

                                  

1.      The human resource department(HRD)

2.      Investment and treasury department

3.      Terrorist financing and money laundry reporting section

4.      Audit and internal legal control

5.      Marketing department

6.      Risk management department

7.      Operation department

8.      Credit department

How many functions are there in commercial bank?

The functions of commercial banks include the following:

1.      The first and primary function of commercial banks is to accept deposit from customers

2.      Lending funds to its customers who are into business with little interest rate

3.      Overdraft and discounting of bills

4.      Business consultancy services

 

What are four services offered by commercial bank?

1.      Opening savings and current accounts

2.      Credit and debit card management

3.      Managing and creating wealth

4.      Insurance services

 

How to get a job in commercial banks?

There are a few key steps you can take to increase your chances of landing a job in a commercial bank.

1. Start by researching the different types of commercial banks and the job functions within each. This will give you a better understanding of what kind of role you’d be interested in and a better sense of what each bank is looking for in candidates.

2. Next, take the time to polish up your resume and make sure it’s tailored to the specific bank you’re applying to. Highlight your skills and experience that are most relevant to the job you’re seeking.

3. Finally, reach out to your network of contacts and see if anyone has any connections at the bank you’re targeting. A personal referral can go a long way in the hiring process.

By following these steps, you’ll be in a much better position to score a job at a commercial bank. Good luck!

 

Commercial bank salary structure:

There is no one-size-fits-all answer to this question, as commercial banks may have different salary structures depending on their size, location, and business model. However, we can provide some general information about commercial bank salaries.

Commercial banks typically offer salaries that are competitive with other financial institutions. In general, salaries at commercial banks tend to be higher than at other types of businesses. This is because banks are in the business of handling other people's money, so they need to attract and retain employees who are competent and trustworthy.

The average salary for a teller at a commercial bank is $12.50 per hour, or about $26,000 per year. Salaries for loan officers and other positions that require more experience and responsibility tend to be higher, averaging $18.00 per hour, or about $37,000 per year. Of course, these are just averages, and salaries at individual banks may be higher or lower depending on the bank's size, location, and capacity.

Organizational structure and job positions of commercial banks

1.      The board of directors of the bank

2.      The chairman of the board of directors

3.      The general managing director of the bank

4.      The managing directors

5.      Operation manager

6.      Administrative manager