Career that makes bright-IPB

Tips for pursuing a Banking Career

By April 11, 2022 No Comments

If you work in finance or banking, you probably already know that securing a desired banking job is like a dream come true. The number of applications far outnumbers the available positions. You may have failed once, twice, three times, or even ten times, but that does not mean you should give up. Nothing comes easy, especially success, as we all know. You must be persistent in order to succeed.

Here’s what you should know and do to impress bank hiring managers:

  1. Choose a bank position.

What kind of banking jobs are you looking for? Whether you’re searching for a position as an accountant or a bank teller, each has its own set of pay scales, responsibilities, and criteria. Which banking job positions you can apply for are determined by your qualifications. If you want to be an accountant, for example, you’ll need a bachelor’s degree in finance, accounting, or a similar discipline. If you want to be a manager, on the other hand, you should have a bachelor’s degree in business, management, or a similar discipline.

  1. Apply for internships

It’s the most common practice. Put in the effort to acquire an internship at a prestigious bank, and then put in even more effort to impress the recruiter. You might land a full-time position following graduation if you have performed well. The conversion rate is as low as 26%, indicating that not everyone makes it through this process.

  1. Take as many certification courses as you can

You must put out extra effort in order to obtain your desired job. Obtain certification in important areas that finance professionals are expected to be well-versed in, such as financial modelling, accounting, Excel, and effective communication.

  1. Perfect Cover Letter and CV

As a general guideline, your resume and cover letter should be as polished and professional as possible. It demonstrates your professionalism and efficiency. As a result, it’s critical to keep it conservative, tidy, and spotless. It should not appear cluttered, and there should be no spelling or typing problems. Make sure you don’t come across as pompous when writing about your abilities. Stating what you did rather than the abilities you developed is preferable.

  1. Make use of keywords.

Pay attention to how the abilities and competencies for the job opportunity are described in your banking job. Make a note of the keywords and edit your CV with them. It is critical that each area of your resume contains a few relevant bullet points.

  1. Networking is essential

Making connections with people in the banking business can help you gain career advice from seasoned bankers, learn about new job openings at their institutions, and locate a coach. Through industry events, local or national membership in organisations, banking conferences, or college alumni meetups, you can build a network of professionals in this field.

  1. Be updated on trends in the banking industry.

Learn about key banking phrases and strategies to demonstrate your banking knowledge. Read articles and blogs about the banking industry, and keep an eye on the market and news for the newest developments.

  1. Create a blog

Start a blog and make posts and remarks about banking news and different investment ideas to identify yourself as a competent banking specialist. You can include a link to your blog on your resume and discuss it throughout the interview process.