Career Information > BFSI > Director, Bank

Last Updated on :16/10/2023
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Director, Bank

Aliases: Managing Director

Industry/Sector(s): BFSI


JOB DESCRIPTION 1

The tasks a Director, Bank is expected to perform include:

  • Organizing, controlling and supervising within authority delegated
  • Ensuring efficient operation of private or public bank or major segment of it
  • Setting broad policies, planning and supervising in a general way
WORK ENVIRONMENT 1, 2
  • It is a desk job
  • The candidate will supervise a team of Managers
  • Local travelling is not a part of this job role
  • Part-time work and contractual jobs are not available
  • Work from home option is not available
Working hours
  • Banks usually work for 5/6 days a week and 8/9 hours everyday. This may vary from bank to bank
  • Shift system is not available
  • Overtime may be required
Is the job suitable for a candidate with special needs?

This job is suitable for candidates with One Arm (OA), One Leg (OL), Both Leg (BL), One Arm and One Leg (OAL), Blind (B) and those who have Low Vision (LV)
This may vary from organization to organization

EDUCATIONAL QUALIFICATIONS AND TRAINING 3

Preferably, professional degree in law, accountancy or finance

KEY COMPETENCIES 1
  • Knowledge of developing sales strategies for rapidly changing markets and products
  • Well-versed with designing products that match market dynamics and meet target customer needs
  • Proficient in weighing consequences before making strategic or important moves
  • Knowledge of banking operations, regulations and products
  • Well-versed with software like MS Word, MS PowerPoint, MS Excel, CRM, etc.
  • Knowledge of technology integration and change management skills
  • Proficient in dealing with institutional clients
  • Knowledge of legal norms and sensitivities involved in contracts
DESIRABLE COMPETENCIES 1
  • Customer-centric
  • Good communication skills
AVAILABLE SKILL TRAINING AND LEARNING INSTITUTES 
  • Law colleges across India
  • Colleges offering finance degrees across India 
  • Colleges offering commerce stream across India​​
AVAILABLE SKILL TRAINING SCHEMES/SCHOLARSHIPS 

SAMPLE OF TRAINING AND LEARNING COURSES 


CAREER PROGRESSION PATH 1

Chairman

         ↑

Director

         ↑

Executive Director

         ↑

General Manager

         ↑

Assistant General Manager

         ↑

Senior Manager

        ↑

Manager

        ↑

Officer

The progression is indicative

EXPECTED EARNINGS 4

  • For candidates with experience - Rs 4,00,000 to Rs 8,00,000 per month
These figures are indicative and subject to change

REQUIRED WORK EXPERIENCE 5

Generally, 2 years of experience required

PROBABLE EMPLOYERS 3

Public and private sector banks

KEYWORDS 
  • Director
  • Managing Director
OCCUPATIONAL CODES AND STANDARDS 
StandardCodeDescription
NCO 20151120.0700Director, Bank
ISCO 20081120Managing Directors and Chief Executives
NIC 200864110; 64191Central banking; Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses
QP ReferenceNot availableNot available
NSQFNot availableNot available
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