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  #2  
20th September 2014, 02:33 PM
Super Moderator
 
Join Date: Apr 2013
Re: Future of Bank PO

Future of PO-Probationary officer is good in banking field.
It needs a lot of hard work to shine in the future.

The entry-level position, in the officer category, in Public Sector Banks is that of a Probationary Officer.

The PO usually undergone a 2 years probation period during which they perform various banking occupations such as loans, foreign exchange, saving and current accounts.

Role of PO
Keeping a record of investments,
Loans,
Mortgages,
Providing services like payrolls and inventory accounting to the customers

Working Conditions
This is generally a 35 hour week with many posts operating to flexi-time.

Leaves:
The annual leave entitlement is 20 days for a full calendar year increased to 25 days, after five years' continuous service.

Salary



Eligibility Criteria
Age:
Minimum: 20 Years Maximum: 28 Years (With certain relaxations).

QUALIFICATIONS
The applicant should have Degree in any discipline from a recognized University or any equivalent qualification recognized as such by the Central Government.
  #3  
1st December 2015, 02:23 PM
Unregistered
Guest
 
Re: Future of Bank PO

Hello sir I want to know what is the future of bank PO so here can you please give me details ?
  #4  
1st December 2015, 02:23 PM
Super Moderator
 
Join Date: Aug 2012
Re: Future of Bank PO

Hey as per my idea doing bank PO is good option as now a day banking sector is growing and also increase job opportunity .

Eligibility


Candidate should be graduate

Candidate should secure atleast 50 % marks in graduation

Syllabus

Quantitative aptitude

English language

Reasoning

General awareness


Responsibilities and career of a bank P.O.

Before the completion of the probation period, which is for 2 years, he/she can be asked to perform any kind of bank related activity; it can be the clerk or assistant type of job

During the probation period they are trained for having the practical knowledge in finance, accounting, marketing, billing as well as investment.

After successful completion of the probation period, he/she is posted in any bank branch as an Assistant Bank Manager to handle works on daily customer transactions,

Another responsibility of PO is to work as public relations officer, handle customer complaints and address various customer


The work of a bank PO also includes managerial tasks, such as supervision of clerical work, taking decisions for the benefit of the bank, managing cash balance etc.
PO has to verify all the work done by bank clerk.

All the transactions of bank involve the role of makerand checker. For example, in cash transactions, if clerk is the maker, then the PO is the checker; in case of loans, generally he/she is the maker and bank manager is the checker.

The responsibility of losses resides with the checker.

He/she takes care of the loan related documents and performs on site visit of the loan taking parties as and when required.

A bank PO issues ATM cards, cheque books, Demand Drafts etc.

It is anticipated that a PO should be aware of all the latest developments of the bank.

They are required to read all the circulars and should know about all the decisions taken by the bank management.


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