Banking and Finance Jobs in India

Posted by michaelpage on February 27th, 2013

Banking and finance sectors have undergone huge changes in the last few decades. At present, there are hundreds of job positions at bank and financial institutions and it is definitely a good sign for finance graduates. The banking sector is slated for further growth in the coming five years and so there is literally a deluge of offers up for grabs. A finance graduate can choose to work as Investment Bankers, Financial Consultants, Credit Advisors, Insurance Executives, Finance Managers, and Fund Administrators. These positions are offered by both domestic and international companies.

Bank and Finance job duties

Finance jobs require candidates to undertake regular financial analysis, borrowing and lending management, preparing financial budgets and tracking daily expenses. For instance, a finance executive has the responsibility for funding records and analyzing transactions, on a daily basis. In addition, they are required to identify future opportunities, design financial projects, and report to the finance vice Presidents. Such a position requires sufficient exposure to current financial market trends and experience in financial evaluations. Many Indian cities offer exciting finance and bank Jobs India in the Banking and Finance sectors and these are lapped up by hundreds of eligible candidates every year.

In banks, there are fund controlling teams that manage and organize the cash flow and assets of the institute. An employee is expected to prepare financial guidelines for determining the bank approved lending and borrowing rates and investments and charting out financial policies to attract more customers. There are positions which require intensive budgeting skills that help companies reach target profits and minimize risks. There are plenty of banks jobs in India available for both fresher’s and experienced candidates.

Every year there are thousands of vacancies in both government and private banks, and there is a shortage of eligible candidates. Hence there is a huge gap between demand and supply. The banking sector, on the other hand, is all set to grow by more than 15 percent every year. There is indeed a pressing demand for competent finance professionals. On an average, the industry faces a severe employee crunch. At the same time, the sector is experiencing a rapid boom in economics and business dynamics. So it is obvious that there are plenty of bank and finance jobs in India for the right candidates.

Major positions include that of relationship managers, risk analysts, tax consultants, risk managers, wealth advisors, audit officers, marketing executives and financial analysts. The first thing to note is that a high degree of skill and professional expertise is required to tackle the job opportunities. After doing a post graduate course like a diploma or MBA you can easily find the best MBA finance jobs in Mumbai and other big cities of India. However, the perks are also great. Apart from steady, respectable jobs, there are performance bonuses, incentives and offshore project chances. Banking and finance jobs offer one of the most suitable positions in the job market today and that’s the reason more, and more candidates are making a beeline for it. 

About the Author:

Michael Page International is a leading professional recruitment consultancy specialising in the recruitment of permanent, contract and temporary positions on behalf of the world’s top employers. The Group operates through 161 offices in 33 countries worldwide. First established in London in 1976, we’ve been bringing job seekers and employers together for more than 30 years. Our presence in the Asia Pacific region has been providing bank jobs in India China, Singapore, Hong Kong, Australia and New Zealand and across, marketing jobs in India, China, and across Asia Pacific region.