Search your Topic HERE....

December 12, 2013

Roles of Specialist Officers in Banks

62 comments

sponsored links

Friends, from the date IBPS Announced its recruitment notification of Specialist Officers we have been getting a number of queries about the roles of Specialist Officers. As its not possible for us to answer all the queries individually, we have made this post. In this we will try to make things clear about the roles and importance of various specialist officers posts like I.T. Officer, Agricultural Field Officer, Rajbhasha Adhikari, Law Officer, HR/Personnel Officer, Marketing Officer, Law Officer, Chartered Accountant, Credit Manager / Finance Executives. This post not only helps you in getting the clear idea of your job profile. It also helps you in your interview. You surely will face a question about the job profile and role of the specific post you have applied for. So read this carefully. Happy Reading.

What is the importance of Specialist Officer ? Why should the bank hire them ?
The bank has already been recruiting pos and clerks. POs will look after the bank and clerks will take care of the customers and money. Then why should the bank hire specialist officers? Sounds reasonable right? Well the reason is, the POs (or Managers) and Clerks can't perform the bank's activities. There are some tasks / activities which should be performed by the people who have good command on that specific area. Assume that the bank has some legal issues, it need a law officer to take care of these issues. If the bank has issues with software or server problems, an IT Officer will handle those problems. If the bank wants to give loans on agriculture fields, then it sends the agriculture officer to the field to check whether it deserves the loan or not. So in simple words we can say that the specialist Officer in a bank is appointed for specialized role in various departments, according to their expertese and educational background.Now lets have a look at various specialist officers posts IBPS has mentioned in its notification and their role in detail.

Role of IT Officer in Bank :

This is the soft form of Information Technology Officers. Based on the experience it has two scales (Scale I and Scale II). As we have already discussed above, the IT Officers are required by almost every bank in order to take care of its software systems. IT Officers look after the maintenance of servers, database and other networking aspects.

 

Role of Law Officer in Bank

As you know the bank is an organization which has to deal with Money. With money there comese a number of legal problems. A Law Officer deals with these legal issues received from various departments of the Bank and its associate institutions, which are mainly related to the interpretation of various statutes. The law offier is also responsible for:
  • Preparation of initial drafts of legislation administered/to be administered by the Bank
  • Preparation of drafts of pleadings and comprehensive instructions/briefs to counsel in connection with litigation involving the Bank and its associate institutions
  • Appearing before Conciliation Officers, Labour courts, Tribunals, etc. on behalf of the Bank.

Role of Agricultural Field Officer in Bank

An Agricultural Officer promotes loans in rural areas related to general and agricultural purposes under the various schemes framed by government and other financial institutions. He/ She assists in client acquisition, site visit before the loan sanctioning and follow-up for timely loan recovery.

 

Role of Marketing Officer in Bank

He is the man behind those happy family advertisements of Banks. A Marketing Officer is responsible for the coordination of all marketing and social media and networking activities of the Bank. He/ She develops various marketing concepts, objectives, materials, advertisements, programs, press releases, and other special events approved by Senior Management and the Board of Directors. He/ She provides guidance and coordinates implementation efforts with respect to the installation of new or existing products and services. The Marketing Officer is also responsible for being the primary contact of public relations and media contacts, advertising, and certain business development activities that promote the spirit, philosophy, dedication, and general direction of the Bank.

 

Role of Rajbhasha Adhikari in Bank

Have you ever observed the notices in banks' Notice boards or the advertisements of banks in news papers? Generally they will be in two languages (English and Hindi) right? Rajbhasha Adhikari takes care of these. A Rajbhasha Adhikari is in charge of translation of official documents in English (or any other regional language) into Rajbhasha, that is, Hindi.

   

Role of HR/Personnel Officer in Bank

The HR/Personnel Officer handles the entire gamut of HR functions like Compensation policy, Industrial Relations, Statutory Compliances, Performance Management System, Training and Development, Staff Welfare and other relevant aspects of Human Resource Management. In simple words, he is the person behind all the recruitment notifications of the Bank.

 

Role of Manager Credit / Finance Executives in Bank

The Credit Manager facilitates lending from financial institutions to individuals and businesses. Credit officers are responsible for assessing and verifying the client's financial information and helping the client get through the often complex loan process. For job opening in various officer categories, also look under Specialist Officer Job Profile or search in Notifications section.

 

Role of Chartered Accountants in Bank

Everybody knows the role of a Chartered Accountant right? The Chartered Accountant is involved in financial reporting, taxation, auditing, forensic accounting, corporate finance, business recovery and insolvency, or accounting systems and processes. Generally, they play a strategic role by providing professional advice, aiming to maximise profitability on behalf of their client or employer. The main functions of Chartered Account are,
  • liaising with internal and external auditors and dealing with any financial irregularities as they arise;
  • producing reports and recommendations following internal audits or public-sector audits;
  • preparing financial statements, including monthly and annual accounts;
  • preparing financial management reports, including financial planning and forecasting;
  • advising on tax and treasury issues;
  • negotiating terms with suppliers.
Thats all for now friends. Hope this article helped you in clearing all your doubts. All the Best.

sponsored links

62 comments:

  1. Admin Pls share the Mktg Officer syallbus and previous paper asap. pls suggest any book to refference....

    ReplyDelete
    Replies
    1. Working on them Sachin. You will get marketing officer materials from coming monday.

      Delete
    2. sir plz upload material Marketing Officer as soon as possible and help me out

      Delete
    3. ma'am please upload a study plan for marketing & list of topics i mean a outline syllabus for marketing .my many friends are waiting for this. asap. tnxxxx .
      from TMSJ

      Delete
  2. Heartiest thanks from my side !!
    This post really helped to a greater extent.

    Kunal.

    ReplyDelete
  3. admin your not giving any reply for my question lot of times which i asked

    i need syllabus for IT OFFICER SCALE -1 (PROFESSIONAL KNOWLEDGE SECTION)





    I COMPLETED ECE ENGINEERING
    SHOULD I HAVE TO STUDY COMPLETELY BELONGING TO MY SUBJECT OR COMPUTERS SUBJECTS SUCH AS


    DBMS
    NETWORKING
    SECURITY
    SOFTWARE ENGINEERING ETC.....

    PLEASE REPLY
    I HVE LOT OF CONFUSION ABT THIS?

    ReplyDelete
    Replies
    1. We have already updated detailed syllabus Raghu. Plz check in IBPS Specialist Officers 2014 Materials section above.

      Delete
  4. Plz provide some it officer model papers

    ReplyDelete
  5. Dear gr8 ambition plz upload IT officer (scale 1) technical question paper held on 2011 and 2013.

    ReplyDelete
  6. How many vacancies for ibps specialist officer ( IT SCALE 1)?

    ReplyDelete
  7. I.T officer have how many vacancies ? it's worth for apply I.T officer...plz suggest me

    ReplyDelete
  8. Hr minor is eligible to appear Hr so exam. pls reply

    ReplyDelete
  9. good info thank you shivani mam

    ReplyDelete
  10. thnak you shivanai mam

    ReplyDelete
  11. Hi Shivani...................you have done so much thanks for that (: can you plz share info on no of vacancies for spl offcr in 2013 i.e in SO II.......

    ReplyDelete
  12. Plz Provide Some material of HR officer .....

    ReplyDelete
  13. I want to know the vacancies of I.T officer , plz suggest me apply I T officer is worth or not plz suggest me....

    ReplyDelete
  14. shivani mam pls tell about my chance i got rrb assistants 136 marks from andhra obc category pls pls pls,...............

    ReplyDelete
    Replies
    1. u 'll definetly get job

      Delete
    2. hi... how many questions did u attempted?

      Delete
  15. hi, wat is the pay scale for ibps so ? plssssssss give reply..

    ReplyDelete
    Replies
    1. Y to worry about the pay now...??? Go Qualify and then think about this...

      Delete
  16. Please help me while preparing for this exam..So what should be my starting point..should I start numerical part first or IT part first..am appearing for IT officer scale 1..I have not appeared in any bank exam before this..I want to clear it in my first attempt..I have completed my MCA in 2012.Admin please help me..show me the route..I want to clear this exam and I will follow each and every step...Please guide me admin..thanx in advance..

    ReplyDelete
  17. Could MBA 2014 passout MBA student apply for this post?

    ReplyDelete
  18. u shud hav an mba degree in ur hand at the time of interview

    ReplyDelete
  19. mam canu plz provide us with the previous specialist officer marketing paper held in march 2013

    ReplyDelete
  20. admin please tell me which is better it officer or po in a bank.and in which field there is better growth

    ReplyDelete
  21. hello mam,
    Please help I had done My Mba in Finance and Minor is marketing. So just want to know can I apply for specislist officer marketing .
    please help asap

    ReplyDelete
  22. plz send me IT OFFICE SYLLUBAS AND SAMPLE PAPER

    ReplyDelete
  23. Bank Rate:
    Bank rate, also referred to as the discount rate, is the
    rate of interest which a central bank charges on the
    loans and advances that it extends to commercial banks
    and other financial intermediaries. Changes in the bank
    rate are often used by central banks to control the
    money supply.
    Repo Rate:
    Repo rate is the rate at which our banks borrow rupees
    from RBI. Whenever the banks have any shortage of
    funds they can borrow it from RBI. A reduction in the
    repo rate will help banks to get money at a cheaper
    rate. When the repo rate increases, borrowing from
    RBI becomes more expensive.
    WHAT IS THE DIFFERENCE IN BOTH CASES BANKS BORROW FROM RBI

    ReplyDelete
    Replies
    1. As far as I know, its the time period...

      MSF- usually over night.
      PR- around 14 days
      BR- more than that.

      Delete
  24. Madam, plz write po responsibilities in a bank in details.

    ReplyDelete
  25. mam will u please tell me i have done integrated BBA + MBA 4.5 year course will i be eligible for marketing officer scale please tell.

    ReplyDelete
  26. Mam please provide syllabus and study material for ibps marketing officer

    ReplyDelete
  27. HI,

    I completed my MBA - Finance with Marketing is my specialization. can i able to apply for HR officer

    ReplyDelete
  28. Hi,

    I completed my MBA - Finance with marketing as my specialization. my question is

    is there is any chance for applying HR- Officer



    ReplyDelete
  29. This upcoming IBPS SO III exam have criteria of 60%??? The Candidates Having Marks less than 60% shall give it or not??? Please Reply... I am Getting Confused because they didn't mentioned it.

    ReplyDelete
  30. This site really helps a lot around the corner!!!!!!!

    I have suggested to my friends as well.
    Thanks admin for all your efforts.

    Ashok

    ReplyDelete
  31. Mam I am completed MCA in Distance mode from ICFAI University,Tripura,so may I eligible for Bank IT officer exam lease give me reply. Shivam

    ReplyDelete
  32. What is the career growth in bank after selecting as a IT officer..?

    ReplyDelete
  33. can you please let me know that what will be the number of vacancy for IT Scale 1 Approx

    ReplyDelete
  34. goodevening sir..........'ll you please post the previous paper's of law officer :)

    ReplyDelete
  35. sir please its a request to you plea. post law officer exam paper's

    ReplyDelete
  36. gd eveng sir. this article s rlly useful to me. i need profession knowledge question papers can u post those question sir?

    ReplyDelete
  37. Hai, Can you please tell me about IT officer scale-1... i.e Which is most important topics in quantitative and reasoning section. I mean to get 20 marks from these specified topics

    ReplyDelete
  38. Hai, Can you please tell me about IT officer questions. I mean, need most important topics in quantitative and reasoning. So i need to get at least 20-25 marks studying theses topics only....

    ReplyDelete
  39. Hi sir/Madam. Can i get any IT officer interview Experience...

    ReplyDelete
  40. Hi sir/madam Can i get any previous IT scale officer interview Experience.

    ReplyDelete
  41. Dear,
    Can you please tel me what EXAM SYLLABUS for DPTY. MANAGER ELECTRICAL....

    ReplyDelete
  42. Can you please tell me what is the syllabus for DEPUTY MANAGER ELECTRICAL....

    ReplyDelete
  43. i had completed my computer science engg. but dnt have experience .can i apply for the IT officer.

    ReplyDelete
  44. can any one give a link for previous it officer exam pattern

    ReplyDelete
  45. What is the material for Risk Manager Professional Knowledge?

    ReplyDelete
  46. Material for SBI SO - Risk Manager?

    ReplyDelete
  47. can you tell me whether IT officer will get home posting or they ll be posted anywhere in India? and IT OFFICERS ll be posted in each branches of the bank or only in the head office???? kindly respond soon...

    ReplyDelete
  48. can you tell me whether IT officers will get home posting or they will be posted anywhere in india...? and IT officers will be posted in each branch of the bank or only in head office??? kindly respond soon

    ReplyDelete
  49. Got IDBI bank in PO
    BOI in SO Marketing

    Where to go ?
    Any logical suggestions ??

    ReplyDelete
  50. Got IDBI bank in PO
    BOI in SO

    Where to go ??

    Any suggestions ??

    ReplyDelete
  51. congrats lokesk...im not rite person to ans you..pls tell me how worked on to clear both exams?have you given special efforts for SO?

    ReplyDelete
  52. what is the role of officers scale 1 ?

    ReplyDelete
  53. Please provide study material for IBPS RRB Scale 2 for Financial Awareness. What are the topics which comes under this section?

    ReplyDelete

Related Posts Plugin for WordPress, Blogger...