Banking WIFI

Banking is one of the most challenging industries in which to get hired. The number of applicants for each vacant position can be as high as 100-to-1. The worst thing a potential applicant can do is to make mistakes in answering banking interview questions. Here are some examples of what you do not want to do when you are interviewing for a banking position.

Lack of enthusiasm

Most interviewers will form an impression of you within the first 60 seconds based on how you act and what you say. If you fail to show interest in the position, the company will pass on hiring you. A successful applicant will show enthusiasm for their accomplishments and be able to clearly articulate how they will benefit the company. If you are unable to enthusiastically sell yourself during the interview, how do you expect to sell anything to your bank’s customers?

Dress inappropriately

I once interviewed a person for a banking position that showed up for the interview wearing shorts and flip flops. I asked him if he thought bankers wore this type of attire in their position. His response was that he thought this interview was casual and that is why he dressed the way he did. Always dress more conservatively than the position requires. You do not want to damage your chance of getting a job by dressing inappropriately.

Inefficient knowledge of key job requirements

You may expect the position you are interviewing for includes extensive interaction with bank clients during golf outings, sporting events or dinner. If your expectations for the job are way off then the company will reject your application. If your job routinely requires 80+ hour work weeks then do not ask if you can work only 50 hours.

Ringing cell phone

You should never bring a cell phone to an interview. If you must bring your cell phone, make sure to turn off the ringer before the interview starts. Nothing is more disrespectful to an interviewer than to have a cell phone ring in the middle of an interview. If it does ring, DO NOT ANSWER the phone!

Talking Negatively

If you had a conflict in your current or previous position, do not talk negatively about the issue. Companies do not want employees who are going to be negative because this impacts team dynamics and performance. You do not want to use profanity in answering questions. This shows a lack of professionalism. If you are talking with a bank client and you use profanity, it may lose their account which could be a multi-million dollar account.

An interview is a dialogue between the company and yourself. The interview benefits both parties to determine whether or not a candidate is a good fit for a banking position. Making these mistakes will terminate any chance you have of getting the position.

The demand for banking jobs has increased tremendously in recent years. This is particularly true for investment banking as people see a high degree of return associated with it. In fact, investment banking is known to be one of the most highly paid jobs in the market. However, you cannot jump directly to investment banking after completing your college degree. You will have to start off with entry level jobs in the field and then gradually make your way up the ladder after sufficient hard work and dedication.

Even though investment banking may seem like the prime option in the banking sector nowadays, there are several other banking jobs you should consider. A large majority of these jobs are those of a bank teller. In addition to this, there are some other important banking jobs in the sector such as that of a bank manager. This person is responsible for ensuring the smooth operations of the bank on a daily basis as well as overlooking the activities of employees and whether they are performing all their duties within the assigned deadlines. You can also choose to be a bank accountant if you hold the necessary qualification and are good at managing accounts. This is one of the most important positions in any bank, as the accountant is responsible for preparing information that will be presented to investors and tax regulatory authorities.

Other banking jobs include those of financial advisors, whose responsibility is to guide clients in making the best possible financial decisions. This means that financial advisors have a lot at stake for their clients and they must help them in making the most effective decisions. There is no doubt about the fact that careers in the banking field are very promising but you need to consider some factors if you wish to achieve a high level of success. You need to stay updated with all the latest developments in the world of business and technology. New ways of making money are discovered almost regularly, and you need to be familiar with these in order to guide your clients in the best possible manner.

When it comes to banking jobs, you must maintain some degree of networking. If you do not have the right contacts, you are not bound to succeed in any field. Try to be more socially involved by attending gatherings and getting to know important people. If you are an investment banker, you will also have to do some research on the fees you are going to charge. It should be decided upon after considering the amount you invested in the first place.