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Showing posts from December 15, 2021

Career Opportunities in Banking

In this article, we have focused on the great importance of banks in the functioning of the economy and on their many services and roles in dealing with the public. But banks are more than just financial service providers: they can also be a vehicle for a satisfying professional career.   What opportunities are there for careers in banking? "A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain." - Robert Frost Loan Officers Most bank managers begin their careers accepting and analyzing loan applications submitted by business and household customers. Bank loan officers make initial contacts with potential new customers and assist them in filling out loan requests and in developing a service relationship with the bank. Credit Analysts The credit analyst backstops the work of the loan officer by preparing detailed written assessments of each loan applicant's financial position and advises the bank's management on th