Friday, December 5, 2014

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Specialist Officers Roles and Duties in Bank | Specialist Officers Vs Clerks

Right now, a university degree qualifies one for applying IBPS exams if the applicant fulfills the given the age condition. What about professionals? Do they have any special consideration on account of their better skills and education? Well, such a privilege is not available to them in case of regular IBPS exams. However, they get a better standing for IBPS Specialist Officers exam, where they could compete with the equally able candidates. IBPS’s specialist recruitment put forwards a very promising opportunity for Engineers, Business Managers, Chartered Accountants, Lawyers, looking forward to a safe, secure and rewarding career in Indian financial institutions.

Duties of Specialist Officers in the Bank? How their role is different from Clerk, PO positions?

Like any office, a bank requires people for keeping it’s “nuts and bolts” intact. While the Probationary Officers and Clerks run the day-to-day operations and business in a bank, the role of a Specialist Officer (SO) sprawls in the background activities, especially in the following areas.

  • Duties of IT Specialist officers: It would be the responsibility of IT officers to oversee the technological perspectives of banking affairs, both software, and hardware. Nearly all banks contracting in the “IBPS recruitment” have shifted to core-banking for operations, and they use software like FLEXCUBE, Finacle, BanCS, SAP, etc. An IT officer will undergo training in all these domains; they should be able to service, configure troubleshoot the software, computers and networks that run the banking business. An IT officer in a senior manager role should be able to the assess the future IT interests of the bank, plan scaling, issue tenders, and report IT vacancies to the HR department. In this age of e-Banking, IT officers play a crucial role in acquiring more customers to the bank: no reason why the IT specialists contribute maximum number of jobs after management posts.
  • Duties of Lawyers as Specialist Officers: Lawyers work on forming the policies of the banks in consultation with senior managers. The instructions and conditions we see in a loan, savings, credit card applications are documented and verified by practicing lawyers. They appear for the respective banks in Courts, process notices to the defaulting customers, and help a bank in taking over attached properties, etc. They are also responsible for making it sure that the bank functions in compliance with the law of the land.
  • Role of a Bank specialist as Agriculture Field officer:The primary responsibility of an Agriculture officer is to promote banking services among farmers and cultivators. They have to evaluate the property and assets of potential customers and suggest a reliable approach for increasing the crop yield and performance, in such way that it would profit the banks. They should be able to communicate new technologies (Eg: Greenhouse and Hi-Tech farming ) to farmers, and explain about related financial products (Eg: Kisan Credit Cards) or loans available to them.
  • Duties of Chartered accountants as Specialist Officers: CA or Chartered accountants do auditing and are the heads of all accounting in a bank. Charted Accountants hold top offices as financial planners, tax gurus and advisers to the General Managers. They are responsible for formatting and checking the accuracy of profit/loss statements and other documents for the investor community. They should be able to provide suggestions for the profitable operation of the bank based on RBI policies and other factors.
  • Role of a Marketing Specialist Officer: The duty of an officer in this category is to improve the profits and market presence of the bank through various campaigns and promotions. They should have a precise perception about the financial products of the bank, and they may have to devise plans to sell it to the high net-worth individuals and others. In a sum, lead-generation and follow-up are the fundamental roles of marketing officers.
  • Duties of Specialist Officers in HR Cadre: A Human Resources professional plays a critical role in any institution. Junior HR officers in a Bank usually handle the training and induction of new employees, circulating appraisal forms, forming leave schedules, creation of salary accounts, etc. Senior HR managers conduct interviews, take classes, deal with labor laws, promotion and other serious matters. In fact, it is HR specialist officers who report the open vacancies in a Bank to recruiting agencies like IBPS.
  • Rajbhasha Adhikari: The Specialist Officer in an Indian Bank who deals with the National language is a Rajbhasha Adhikari. The individual applying for the post of Rajbhasha Adhikari should be able to create error-free Hindi documents, and translate smoothly between Hindi, English and other regional* languages.

The registration for 2015’s Specialist exam has already begun, and it would last until 9th of December 2014. Kindly refer the eligibility conditions and syllabus before moving over to the enrollment system.

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Haja Peer Mohamed H, Software Engineer by profession, Author, Founder and CEO of "bench3" you can connect with me on Twitter , Facebook and also onGoogle+

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