The State Bank of India. It is an Indian multinational, Public Sector Bank and financial services company. It is a government-owned corporation. The headquarters of SBI situated in Mumbai, Maharashtra.
The SBI bank is the largest and the oldest still in existence. The roots of the State Bank of India lie in the first decade of the 19th century when the Bank of Calcutta later renamed the Bank of Bengal, was established on 2-June-1806 via the Imperial Bank of India. On 1-July-1955, the Imperial Bank of India became the State Bank of India.
Departments and Jobs
SBI has different departments to run bank i.e. clerk, cashier, manager, security, loan dept., insurance, etc. One of the department is the Probationary Officer (PO). For this position, a national level exam is being conducted by State Bank of India for the recruitment of Probationary Officers.
Many individuals aspire to become bank PO because this job promises high career growth. This job basically involves supervision of the clerical works and work towards increasing banks business by implementing better services. SBI conducts examination for the recruitment of POs once a year or as per the vacancies come. Sometimes it conducts an exam once in 2-3 years. But looking at the previous trend, notification for the recruitment of SBI PO comes yearly.
In SBI there is a lot of focus on marketing & cross-selling also hence it is also a major part of SBI PO Job Profile. Thus, the Probationary Officer is also exposed to such areas of banking.
Probationary Officer, probation means training, and a PO qualified student must go for 2 years training so they are called bank PO. After completing the training period or on probation period bank PO posted as an assistant manager in a bank.
SBI can be asked to perform any kind of bank related activity; It can be either clerical or an assistant type of job. The reason for such diversity in work is to get you acquainted with various working procedures of the bank.
The Designation Probationary Officers holds work profile includes holding the designation of an Assistant Manager on Probation.
For a bright future in the banking sector following qualities needed:
Mathematical & Analytical Ability
Excellent in independent and teamwork
Candidates or people want to know about the responsibilities of a bank PO, what kind of job they do once they are recruited in banks.
The probation period of the SBI Probationary Officer is 2 years. You can be asked to perform any kind of bank related activity. It can be either a clerical or an assistant type of job. The reason for such diversity in work is to get you acquainted with various working procedures of the bank.
You will also be trained in various disciplines like finance, accounting, marketing, billing as well as investment. This is done by entrusting you with jobs of various categories. The aim is to instill practical knowledge.
One responsibility of the PO is to work as a public relations officer. The PO needs to handle customer complaints and address various customer related issues. Matters such as discrepancies in accounts, the rectification of undue charges and look after into complaints regarding services provided by the bank.
The work of an SBI PO also includes managerial tasks, such as supervision of clerical work, making decisions for the benefit of the bank, and managing cash balance.
The SBI PO Job Profile includes verification of all the work done by bank clerks. SBI follows the maker & checker system. In cash transactions, the clerk is the maker and PO is the checker and the responsibility of losses resides with the checker.
APO should be aware of all the latest developments of the bank. They are required to read all the circulars and should know about all the decisions taken by the bank management.
The SBI PO job profile includes the issue of ATM cards, checkbooks, and demand drafts.
Once you, the Probationary Officer, get acclimatized to the bank environment and gain enough experience on bank’s working procedures, based on your personal skills and aptitude, you can be assigned more responsible work. Tasks like planning, budgeting, marketing, loan processing & approval, and investment management.
The PO job is considered as a well-paid career option and a white-collar job. Every year lacs of candidates’ contest for PO exams. The career growth prospect of a bank PO is very high as compared to other government jobs. Based on skills and performances, candidates can quickly climb the ladder and attain high-level banking posts in your zone.
All that is required on your part is strong determination and good preparation so that you can clear the bank PO exam and the interview successfully. Candidates who get selected after the final interview, they get the opportunity to work with SBI as a Probationary Officer (PO) in Junior Management Grade Scale-I (JMGS-I). So, it is difficult but a great job.
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