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Banking Jobs in Delhi

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Delhi being the capital of the country, shares the major part of the financial sector of the country with King of Stock exchange market, Mumbai. The development and the growth of the country, is mostly in the hands of the people doing jobs in banking and finance sector, all over the world. The growth of the country is directly proportional to its monitory funds and the financial status of the country. Just like, in a house, if the finances are going well, the whole system is well managed, and simultaneously corresponds to a smooth livelihood.

Increase in population, larger people applying for jobs, expanding job market, and further increase in the finances of the organisations, has lead to a growth in banking Jobs in Delhi. If we see, there have a number of new banks and branches been opened in and around the city, in past few years, or we can say the banking sector has reached new heights in the recent times. Due to increasing demand of the jobs in banking sector, many people are applying for the same.

The two levels on which one can apply for Jobs in banks are clerical and officer level jobs. Selection and recruitment procedures for these jobs, vary according to the standards of the bank, whether its private, government, national or international. There are different examinations conducted for jobs in government banking sector. The biggest financial controller of the country Reserve Bank of India, which design the policies and norms for all the monetary firms in the country, conducts examination for three entry levels- Clerical level and Grade A and Grade B officers.

Also, an all India examination is taken for the post of class 1 officers, for which the requirements and qualifications vary according to national or international banks. These candidates are assessed on the basis of their mathematical, logical and analytical skills, through a written test examination, which is the first phase of entrance in the banking jobs, followed by subjective tests on English, grammar and communications skills, and last is the exam on social and economic problems in the country. An interview is organised for all those candidates, who clears the written examination, and assign the interview, which is the hardest nut to crack, the candidate gets eligible for the banking job.

Entry is what one looks for banking jobs, after which experience and performance helps the employee to grow in his job. Different positions in which one can do jobs in Banking are:

1.)Financial Managers

2.)Bank Tellers

3.)Bill and account collectors

4.)Loan officers

5.)Financial service representatives

6.)Clerks for accounting and book keeping

7.)Customer service

As discussed earlier, a number of banks and financial organisations have got open in the country which is responsible for its growth. Some of the banks in Delhi, in which one can try his luck, are:

1.)State Bank of India 2.)Punjab national bank 3.)HDFC Bank 4.)Central bank of India 5.)Bank of Baroda 6.)ICICI Bank 7.)Bank of India 8.)Canara Bank 9.)Syndicate Bank 10.) HSBC Bank 11.) UCO Bank 12.) Allahabad Bank

These are few of the job destinations; one can try, after he is through with his educational qualifications in the commerce and maths. Also, a masters degree in management is given preference in banking jobs, due to the fact that a lot of managerial role is involved in the job profile. Some of the qualities one must instil before applying for a job in banking sector are:

1.)An ability to maintain the records and account details. 2.)Capability to learn and grasp new things every time. 3.)An eye for the latest up gradations and policies made in the banking and finance sector. 4.)Team leader and ability to motivate and encourage his team members to perform well. 5.)An analytical and logical approach towards matters.

Keeping all these points in mind, one can prove to perform quite well in his job responsibilities in the banking sector.

Gurleen writes on behalf of Naukri.com, the no.1 job portal in India.She writes on topics like Banking Jobs, relieving job stress and increasing work concentration. Naukri.com is a recruitment platform & provides products and services.

The Most Difficult Interview Question For Banking You Should Know

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Don’t be caught with the most difficult interview question for banking. Interviewers are not monsters to be scared of. They are assigned to perform the task of choosing the best person fit for the job. Tricky questions are actually teasers for them to know how you cope with pressures because the banking industry is a complicated arena of services, personalities, financial corporate players, systems, policies and regulations, among many others.

Nailing the most difficult interview question for banking seem to be every applicant’s concern. There are already a lot of insider secrets on how to succeed at interviews, ebooks, websites, and a whole lot more of resources for the interviewee to exploit. There are actually a myriad of approaches to overcome the most difficult interview question for banking. All it takes is for you to go beyond the confines of your comfort zone and exert more efforts to turn this gruelling interview into an opportunity for you.

Possible Difficult Questions And How To Answer Them

Many people who have gone through interviews find the simple and easy questions to be the most challenging – with worries of giving a too plain answer. It only takes practice, and tactical strategy to counter this.

1. Say something about yourself

Reply to this by highlighting your good qualities that you have spelled out in your resume. Focus on the qualities that fit into the job. Keep your answers brief and concise and interesting enough to hold the interviewer’s attention.

2. What is your most undesirable weakness and how will you overcome it?

Do not admit directly your weakness as this might jeopardize your chances. Instead, pacify the interviewer by demonstrating that you are aware of this weakness and you are trying to ameliorate yourself from it. The safest way to answer this it to simply cite a flaw rather than a weakness.

3. What was biggest challenge you faced in your career and the intervention you made?

Be critical when answering this question. Again, this might bring you down. Elaborate how you were able to manage and get past through it successfully. Do not give the impression that you are prone to mistakes.

4. Do you believe that you are the right person for the job?

Do not answer with yes or no. Instead highlight your best qualities, job experiences and attitudes relevant to the position. Always make sure that the reference point is the post you are applying for.

5. How much are you worth (salary-wise)?

Do not over rate or under rate. The best thing is to base your salary range on standard industry rates. Indicate your openness and flexibility to negotiations rather than demanding.

Do what it takes to make it easier for you and don’t get stumped by the most difficult interview question on banking. Be prepared beforehand by knowing and understanding these questions and learning how to answer appropriately. Practise and master the questions, as well as the answers.

U.S. Investment Banking & Securities Dealing Industry-Jobs & Wages Report through bharat book

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The Investment Banking & Securities Dealing Industry-Jobs & Wages report, published annually by Barnes Reports, contains timely and accurate industry statistics, forecasts and demographics on industry job titles, fringe benefits, employment and hourly and annual wages and salaries. ( http://www.bharatbook.com/detail.asp?id=192255&rt=2011-US-Investment-Banking-Securities-Dealing-Industry-Jobs-Wages-Report.html ) The report features 2011 current and 2012 forecast estimates on the median wages and salaries (plus 10th, 25th, 75th, 90th percentiles) nationally and for all 50 U.S. States. The report also includes industry definition, 5-year historical trends on industry sales, establishments and employment, and a 5-year trend on median wages and salaries for up to 50 industry job titles.

Table of Contents:

Users’ Guide Industry Definition and Related Industries Industry Establishments, Sales & Employment Trends Industry Ratios Establishments, Firms & Payroll Percentiles of Job Titles – Hourly & Annual Wages 5-Year Trends of Job Titles – Hourly & Annual Wages 5-Year Trends of Payroll & Fringe Benefits Industry Job Titles: Management occupations – major Group Chief executives – sub Group General and operations managers – sub Group Sales managers – sub Group Public relations managers – sub Group Administrative services managers – sub Group Computer and information systems managers – sub Group Financial managers – sub Group Managers, all other – sub Group Business and financial operations occupations – major Group Compliance officers, except agriculture, construction – sub Group To know more about kindly visit: http://www.bharatbook.com/detail.asp?id=192255&rt=2011-US-Investment-Banking-Securities-Dealing-Industry-Jobs-Wages-Report.html Related reports

Investment Banking & Securities Brokerage in the UK 2011 U.S. Investment Banking & Securities Dealing Industry-Capital & Expenses Report Or Contact us at :

Bharat Book Bureau Tel: +91 22 27578668 Fax: +91 22 27579131 Email: Website: www.bharatbook.com Follow us on twitter: http://twitter.com/#!/BharatBook

The Impact Of Metrics For Investment Banking Performance

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Financial investments are measured through metrics for investment banking performance. This is a way of gauging if a financial undertaking is worth the risk and the effort. There is no point of providing inputs if the output is not satisfactory and if it does not meet certain specifications of what needs to be achieved.

Depending on the investment, there are several Key Performance Indicators that one may look at before arriving to a conclusion whether the financial investment is earning or losing money. One of these things is the return of investment of ROI. To compute this, the total amount of investment should be subtracted from the incremental earnings or profits. The difference will then be divided by the investment to get the percentage. To be more accurate in the calculation, data analysis must also be used. Numbers that will show sales, outgoing funds, expenses, and such will give an analyst a clearer view on whether there is substantial return on investment or not.

Another metric used is the years the investment was active. This will help individuals or businesses know what return they want to calculate. It is not wise to make judgment for the feasibility of an investment if it was just active for one month. Therefore, there should be a substantial amount of data to be studied. The ideal number of data points to be compared or used in an analysis is 20 data points. This means that the results of an investment should be measure for a minimum of 20 weeks, or 20 months, or even 20 years. Only then will an analyst see the causal effects of actions taken and how these things can be corrected in an objective way.

Always take note that measuring the financial performance of a company should be data driven. Just because the company did not earn does not mean it should be closed. Action plans and decisions should never be based on assumptions. All of them should be backed up by numbers and data since numbers do not lie. With this, people will not be fired or blamed because of poor logic and unwarranted assumptions and politically motivated intentions.

Another performance indicator of an investment is yield. The yield should be calculated in percentage and this will show an investor how much his investment has made in profit. If the investor has a certain target in mind, what he has to do is to divide target by the yield percentage, to find out how much he needs to add to his investment. For example, an investor has $1,000,000 in investment to the bank and he wants to measure its performance. After a month, he received a profit of $100,000. His yield percentage is 10%. If his target profit is $150,000, this means he is short of $50,000.

To determine how much investment should be added, he should divide by $150,000 by 10. The result is $150,000. This means he has to invest $150,000 to get the profit he wants, in order to get a substantial result of his metrics for investment banking performance.

Importance Of Offshore Banking

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The use of offshore banking is no longer disreputable because the policies are now strictly regulated. Standard bank offshore services may also be ideal for businesspeople and expatriates who usually have to make transactions between two countries. However, offshore banking may not be a viable option for people who have filed for bankruptcy or those who have a tainted credit history.
One of the usual alternatives are offshore bank accounts in Jersey because this area is believed to be one of the most secure locations for such transactions. This is due to its stable local economy and political structure. Also, the Banking Business Law of 1991 is charged with regulating a Jersey offshore bank account. In Jersey, there are hundreds of investment, fund management, and banking institutions. This provides a person with a wide range of entities to choose from, which permit him to opt for the best offshore banking service suitable to his needs. One way to check if the provider is reputable is to make sure that it is regulated by the Jersey Financial Services Commission (JSC). You can verify that a provider is regulated by JSC by checking the list published on the JSC website.
Offshore banking accounts have several advantages over local bank accounts, especially for expatriates. The primary advantage is that anywhere they are, they can easily deposit or withdraw money using these accounts. Another benefit offered by offshore banking is you do not have to transfer your money to your home country or to an onshore bank, for whatever your reasons.
Business men and women who need to work in several countries may also find that offshore bank accounts are ideal for their lifestyle. Offshore accounts may also offer better privacy and security than onshore bank accounts. With offshore banking, it is also easier to handle different currencies. To demonstrate, you may get your pay in a certain currency, deposit it in your pension in another kind of currency, and then remit some money to your home country in your own currency.
The reduction of taxes is another significant benefit of an offshore account. To illustrate, if your home country does not tax foreign income unless you send it home, then it would be best to keep your funds in an offshore account. Offshore banking services provided by a reputable bank may also be more secure than keeping your funds in a local bank onshore. Lastly, an offshore account may provide you with higher interest rates compared to a small onshore bank.