Entry-level banking jobs include tellers who work with customers. Advancement opportunities include management positions. Other banking careers require a bachelor’s degree, certifications, and specific knowledge and training. Examples include accountants, credit analysts, and tax department employees.
Entry-level banking career opportunities include tellers, employees who work directly with customers in account-keeping capabilities. A teller will work in a banking center and have access to a customer’s account information, as well as cash, checks, and other deposit or withdrawal items. Tellers can advance within a company to pursue other banking career opportunities, such as teller managers, branch managers and other management positions within the company. If the employee has the right mix of experience and education, he or she will be able to move on to other careers within the company.
Accountants, for example, may work with clients or internally to manage the finances of a client or company. Such banking career opportunities usually require at least a bachelor’s degree, although many accountants continue to earn a master’s degree within the field. Specific certifications also need to be obtained before a candidate can take advantage of these banking career opportunities. These employees may be responsible for internal audits of the company’s finances or they may work with clients to determine that client’s financial planning needs.
A credit analyst is a person who examines a customer’s financial history and other factors that may affect that person’s ability to borrow money from a bank. When a customer tries to borrow money, the bank must look at the credit history, financial strength, earning potential, and a number of other factors that can affect the person’s likelihood of repaying the money in a timely manner. The credit analyst will be responsible for creating a report on the customer’s credit worthiness, which in turn will be used as a tool to determine whether the application will be accepted or rejected. These banking career opportunities can vary in pay and responsibility; entry-level positions generally pay less, and a person who is new to the industry will start in that position with the potential to move up in the company over time.
There are other banking career opportunities in the tax department. This may involve preparing tax documents and performing accounting procedures for the banking institution itself or for clients who need tax assistance. Candidates for these career opportunities will need specific knowledge and training in the tax code of the country in which the bank exists, as well as in other countries in some cases. These employees may also be responsible for tax audits or other financial reviews of the company.
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