Bank recruitment bodies like IBPS, SBI and RBI tend to advertise every year for recruitment in the post of Probationary officers in the nationalized banks that are under the purview of these bodies. Thousands of candidates apply for the probationary officer posts with intent to join the burgeoning banking sector that is flourishing in the last decade. Though, many candidates remain unaware of the job, duty and responsibility of such officers in the banks on the time of applying for the post. It is a must to know more about the post and the kind of duties that are needed to be performed by the candidates when the join the banking industry.
Understanding the Job Profile
Probationary officers are selected after clearing the prelims and mains written examination and successfully overcoming the personal interview round. The officers then are posted to the participatory banks around the nation and are kept for a probation period of at least 2 years. The duration of probation allows the probationary officer to understand the nuances of the industry and understands the allotted work to them. They can rise up to the post of Assistant manager or Manager in a few years’ time after they learn the banking sector well. There is no direct way to be a manager in a bank and thus graduate aspiring candidates who are willing to make it to the heights in the sector need to undergo PO recruitment examination and then apply for the internal promotion examinations.
Responsibilities of Bank PO
The Probationary Officer is responsible to conduct the day to day operation in the bank they are recruited to along with thinking of ways to increase the business of the bank through different avenues. There is a list of works that the PO needs to undergo on a regular basis:
Reporting and Verification: The bank PO needs to properly make an account on a daily basis and close it every day matching the day to day banking activity. The bank PO needs to login to their system using their details, take print out of the statements, manually verify each transactions and records if any difference and changes in found. Due to the introduction of core banking it is necessary for the bank POs to report and verify the documents and information on a regular basis to the regional and zonal offices.