What is IBPS Specialist Officer

Can you tell me about the duties of SO or Specialist Officer in IBPS or Institute of Banking Personnel Selection as I want to apply for the post but wanted to know it first?

[Shaleen]

Like any office, every bank requires people for keeping its “nuts and bolts” together. IBPS’s specialist recruitment put forwards a very promising opportunity for Engineers, Business Managers, Chartered Accountants, Lawyers, looking forward to a safe, secure and rewarding career in Indian financial institutions.

While the Probationary Officers and Clerks run the everyday operations and business in a bank, the role of a Specialist Officer (SO) is in the background activities, especially in:

1.
Duties of IT Specialist officers:
It is the responsibility of IT officers to oversee the technological perspectives of banking affairs, both software, and hardware.

Nearly all banks contracting in the IBPS recruitment have shifted to core-banking for operations, and they use software like FLEXCUBE, Finacle, BanCS, SAP, etc.

One will undergo training in all these domains; they should be able to service, configure troubleshoot the software, computers and networks that run the banking business.

One in a senior manager role should be able to the assess the future IT interests of the bank, plan scaling, issue tenders, and report IT vacancies to the HR department.

2.
Duties of Lawyers as Specialist Officers:
Lawyers work on forming the policies of the banks in consultation with senior managers.
The instructions and conditions in a loan, savings, and credit card applications are documented and verified by practicing lawyers.
They appear for the respective banks in Courts, process notices to the defaulting customers, and help a bank in taking over attached properties, etc.
One is responsible for making it sure that the bank functions in compliance with the law of the land.

3.
Role of a Bank specialist as Agriculture Field officer:
The Agriculture officer promotes banking services among farmers and cultivators.
One evaluates the property and assets of potential customers and suggests a reliable approach for increasing the crop yield and performance, in such way that it would profit the banks.
One must be able to communicate new technologies to farmers, and explain about related financial products or loans available to them.

4.
Duties of Chartered accountants as Specialist Officers:
CA or Chartered accountants do auditing and are the heads of all accounting in a bank.
One holds top offices as financial planners, tax gurus and advisers to the General Managers.
One is responsible for formatting and checking the accuracy of profit/loss statements and other documents for the investor community.
One should be able to provide suggestions for the profitable operation of the bank based on RBI policies and other factors.
5.
Role of a Marketing Specialist Officer:
The duty of Marketing Specialist Officer is to improve the profits and market presence of the bank through various campaigns and promotions.
One should have a precise perception about the financial products of the bank, and they may have to devise plans to sell it to the high net-worth individuals and others.
One lead-generation and follow-up are the fundamental roles of marketing officers.

6.
Duties of Specialist Officers in HR Cadre:
A Human Resources professional plays a critical role in any institution.
One handle the training and induction of new employees, circulating appraisal forms, forming leave schedules, creation of salary accounts, etc.
It also conduct interviews, take classes, deal with labor laws, promotion and other serious matters.
In fact, it is HR specialist officers who report the open vacancies in a Bank to recruiting agencies like IBPS.

7.
Rajbhasha Adhikari:
The Specialist Officer in an Indian Bank who deals with the National language is a Rajbhasha Adhikari.
One applying for the post of Rajbhasha Adhikari should be able to create error-free Hindi documents, and translate smoothly between Hindi, English and other regional languages.