Sunday, July 22, 2018

How to Get a Banking Job in Nigeria

Are you Interested in working with a Bank in Nigeria? Read this helpful post,

A bank is a financial institution that accepts deposits from the public and creates credit. Lending activities can be performed either directly or indirectly through capital markets. 

Recruitment Process in Bank
There are two major forms of recruitment obtainable in the Banking industry, they are:

  1. Executive Trainee
  2. Experienced hire

Executive trainees
Executive Trainees are the sets of candidates comprising of fresh graduates not more than 26 years of age. A banking career in Nigeria usually starts from this level.

QUALIFICATIONS FOR EXECUTIVE TRAINEE HIRE
There are two stages, 
First stage ,to apply for a bank job as an EXECUTIVE TRAINEE, you need to possess the following requirements:

  1. You must not be above  26years of age
  2. You need to possess a degree (BSc or HND) not less than second class upper
  3. Possession of NYSC certificate is needed 
  4. Possess good communication and interpersonal relationship skills
  5. Smart,young and resourceful 

The second stage is the unwritten requirements and this is where you have to do your homework. You have to prepare a great CV and a cover letter that will sell you better. Consider yourself as someone convincing and telling the bank what you are and what you can offer, the interview time does not last more than 10mins, but your resume and credentials stays in their possession after you are long gone, so how you arrange your CV and credentials represents you.
Remember to use professional email address for your CV, what I mean is using your full name in your email, not some odd and informal expressions like Hotbabe247@yahoo.com or bayonle1989@gmail.com. Ensure that your date of birth dose not conflict, cross check what you have on your WAEC certificate with your birth certificate.

HOW TO SUBMIT YOUR APPLICATION
There are different ways , one can submit applications,depending on the banks website 

THE BANK WILL CONTACT YOU
After submitting your application, it may take some time to be contacted by the bank for either aptitude test or interview. Either step that comes first depends on the urgency of the process. There are situations where aptitude test will be bypassed and it may just be series of interviews. Make sure your phones and emails are reachable at this stage.

THE TRAINING SCHOOL

  • After going through aptitude test and interviews, successful candidates are enlisted for the banks’ training school, every bank has a name for their training school, and it usually takes between 3 to 6 months depending on the bank.
  • During this period, the bank will train you on all their processes and duly equip you with requisite knowledge on how to beat the competition in the industry.
  • There are also series of examinations and written test in the school, failing any test or exam at any stage of the training may mark your exit from the process, which is why you have to be at your very best.
  • Successful completion of the program translates into a brand new career for you, that makes you an executive trainee (ET) of the bank and this is the starting level.


EXPERIENCED HIRE
The experienced hire in the banking industry is when a banker is switching to another bank. The process is not the same with the executive trainee, this is because they are already in the system with some years of experience.

The qualifications are:

  • Bachelors degree or HND (second class upper)
  • Additional qualification is an added advantage
  • Must have some years of banking experience
  • Must be cleared from the previous bank (integrity wise)

There may be other requirements depending on the bank, but these are the basic requirements for experienced hire. Successful candidates are usually placed one step above their current level but never below.

FNJU Team says:

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