Home JOBS Job Position in Banking Sector 2023 Eligibility requirements

Job Position in Banking Sector 2023 Eligibility requirements


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Job Position in Banking SectorThe banking industry is vital in every Nation’s economy, its importance can never be overemphasized. It functions as a financial services sector, which is why employers must be within the financial field. This post is expository just relax and digest slowly.

banking sector
Banking Sector

Job Position in Banking Sector

The are some sort of jobs and careers that are in the banking sector, this article will give a list of the top jobs categories in the banking sector. The following are the top 10 job positions in the banking sector:

1. Bank Teller


This is an entry-level position in the banking industry. The bank tellers are the face of the sector. This job position requires good communication and computer skills and a bank teller must possess at least a high school diploma.


2. Loan Officer

The loan officer is an important employee in both commercial and retails banks, as well as other loan institutions. A loan officer is responsible for helping clients and customers apply for loans and also oversee the process.

The loan officer acts as a point of contact and facilitator between the loan institution and the client. This position requires a bachelor’s degree in finance, economics, or any related field.

3. Financial Analyst


A financial analyst plays a role in helping businesses or individuals make investment decisions. An analyst is required to have a bachelor’s degree in administration, accounting, finance, or statistics, but a master’s degree is most preferred.


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4. Personal Financial Adviser

A personal financial adviser helps to manage customer’s money to meet their long-and-short term goals which may include planning for retirement, paying for college, etc.

An adviser identifies different options and helps individuals manage their money. This job position requires a minimum of a bachelor’s degree in accounting, economics, or finance.

5. Accountant

This is one of the well-known positions in the banking sector. The accountant is responsible for analyzing, planning, and evaluating business expenses and income.

An accountant is required to have a bachelor’s degree in accounting or a related field, but a master’s degree is also preferable.

6. Auditor

The role of an auditor is to analyze and examine accounting records and prepare financial reports for clients. This position usually requires a bachelor’s degree, but a master’s degree is of added advantage.

7. Collector

A collector keeps track of accounts that are overdue and attempts to collect payment on them.

This position requires computer literacy and good communication skills and a collector must possess at least a high school diploma, but a college degree is preferred.


8. Treasurer

A treasurer is in charge of directing the financial goals, objectives, and budgets of an organization. The duties also include overseeing the investment of funds and executing strategies for raising capital.

A treasurer is required to have a bachelor’s degree in accounting, business administration, economics, or finance, but a master’s degree is also preferred.

9. Buyer

A buyer is responsible for reviewing demand and obtaining parts to meet the production requirements. The buyer buys the goods and services needed by a company either to sell them to customers or for use by the establishment.

This position requires a bachelor’s degree or master’s degree in business, economics, or any related field.

10. Budget Analyst

A budget analyst provides analysis and assistance to companies to help develop their annual budgets, decides how to allocate current resources, and estimates future financial requirements.

A budget analyst is required to possess a bachelor’s degree in accounting, business, economics, finance, statistics, political science, or sociology, but a master’s degree is often preferred.


General Eligibility Criteria for Job Sector Industry

To be eligible for these jobs, the applicants must meet the following requirements:

1.   Possession of B.Sc, HNDNCE, OND in relation to the applied position from a recognized Institution.

2.   Any added certificate either postgraduate or professional certification will be of advantage.

3.   NYSC Discharge/Exemption Certificate.

4.   Applicants must not be above 35 years old.

5.   West African School Certificate (WAEC) or Senior Secondary School Certificate (SSSC) with Credits in not less than three (3) subjects including English and at least passes in two (2) other subjects; or

6.   Candidates must have National Examination Council (NECO)/General Certificate of Education (GCE) Ordinary Level with passes in four (4) subjects obtained at one sitting or five (5) subjects obtained at two sittings including the English Language.)

7.   National Diploma (ND) obtained from a recognized institution. National Certificate of Education (NCE) from a recognized institution; or General Certificate of Education (Advanced Level) in two (2) subjects obtained at one sitting or three (3) subjects obtained at two sittings.

8.   Must be Compuer literate

Shortlisted Applicant Update

If you’ve been shortlisted, then you’ve got your foot in the door. And it’s time for you to shine at the final stage – the interview.

However, it could be a telephonic, Skype, or a face-to-face interview. And this is depending on the employer. When shortlisted:

1.   Endeavour to get information about the company.

2.   Also, ensure you have a clear vision. Try to figure out why you want the specific position. And how you would be a good fit. Also, go through your application.

3.   Additionally, be interactive. It’s an interview, not an interrogation. There is much more to you than your resume.

4.   Practice goes a long way. Thus, take mock interviews with your friends or practice speaking before a mirror.

5.   It’s rare, but sometimes you do get an offer letter directly based on your application. You start planning the celebration, but remember some points before you go into that party mode: Get it in writing.

6.   Also, go over the written offer in detail. And make sure all important details are mentioned and ask questions if you don’t understand anything. Such as work profile, start date, duration, and stipend etc.

7.   Send a thank-you letter to the employer, once you accept the offer.

8.   Also, follow up with an e-mail confirming your start date and expressing your enthusiasm for your new role.

Thanks for digesting the post on Job Position in Banking Sector , I hope it was insightful . Please share it on social media for friends and family.

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