The various exams that are conducted as part of the hiring process to select candidates for the bank Probation Officer (PO) position are the SBI Associate PO exam, the IBPS PO exam, etc. Before you even think of bank work as a career option, you should know the roles and responsibilities of a banking PO. This helps you in two ways:
1. You can decide if it is a suitable job for you or not
2. If so, based on the responsibilities, you can deduce the requirements and structure your preparation for the exam.
Probationary officer is an officer’s first job on the bench and the career growth curve always slopes upward for those who perform well.
Banks across the country conduct their own competitive examinations to shortlist candidates for vacant positions. The most common exams are the SBI Associates PO exam for the SB bank group and the Common Written Exam (CWE) conducted by the Institute of Bakery Personnel Selection (IBPS) for a group of more than 20 banks and financial institutions in the whole country. The demand for banking professionals is so high that SBI conducted this review for the second this year, the first in June / July and the second in November.
If you are looking for the opportunity to enter the banking industry, the SBI Associates PO exam is your best option. I hope you have already requested the exam. This PO exam scheduled for the month of November has an overwhelming 3000 job vacancies to fill at its 5 branches in India. The exam consists of 4 sections: Data Analysis and Interpretation, English Language, High Level Reasoning and General Awareness, Marketing and Computers along with a descriptive English language exam.
After scoring on the SBI Associates PO exam, the next round of selection is Group Discussion and Interview. The selection will be made based on the highest ranked candidates in each category.
Role and responsibilities:
The candidate after completing all the previous rounds is assigned a position. The candidate who is now called the Bank Probation Officer may be asked to complete the mandatory probationary period which can range from 6 to 12 months. Only after the probationary period, the employee is assigned the regular job.
The PO must report to the Senior Manager of the branch. You must work in the various departments like the loan department, the mortgage department, and the finance department. Even solving problems and customer complaints falls under the umbrella of the purchase order. Good communication and social skills come into play when dealing with customer problems, as well as when coordinating with colleagues.
SBI Associates Bank PO Salary:
The starting basic salary for a probationary officer is Rs. 14500 / – on the scale of Rs. 14500-600 / 7-18700-700 / 2-20100-800 / 7-25700, which is applied to the scale junior management degree I. and benefits such as furnished accommodation, medical benefits, transfer allowance, lower interest rate loans, LFC / HTC, etc. form the compensation package. The total amount of compensation changes with the posting location and the facilities provided by the individual banks; the average is about 65,000 rupees a month in Mumbai. Pay scales need to be reviewed.
Career path
As you sow, so you will reap. The professional growth of a bank PO is directly proportional to the candidate’s level of performance. To balance the enormous responsibilities there are promotions. Promotion possibilities increase every three to four years.
This opportunity can change the course of your career and lead you to a permanent safe job!
For course details, click here.