Bank Careers in Canada
If you want a stable job in the bank industry in Canada, look no further than Canada's central bank. The nation’s supreme economic policy establishment offers people a chance to work at the very core of the national economy, in an institution with enormous impact on the economic and financial status of the entire population. The environment is open and welcoming, yet energizing, challenging, and motivating.
If you want a job within the bank’s Economic Analysis Department you will be responsible for economic analysis and research, contributing mainly to fiscal policy functions.
The Regional Analysis Division offers sector and region economic analysis from five locations – you could be based in Vancouver, Toronto, Halifax, Montreal, and Calgary. This division gathers information on the economy, from visiting provincial branches and authorities. Being able to work in a team is very important for prospective candidates for jobs in the RAD. Your main tasks will involve facilitating contacts within the RAD team, which is comprised of 25 economists and administrative assistants in the five regional offices. You will be training staff members, providing feedback on personnel development, arranging learning opportunities, setting goals and objectives, monitoring progress, and allocating resources, In addition to all these, you will review activities in the industry visits program, analyze information and publish a Business Outlook Survey. Quite a number, as you can see. They don’t take just anybody. You need a PhD in Economics and at least seven years of experience in the sector, as well as perfect command of English and French.
A great career option is Investment Advisor at the Royal Bank of Canada. Your main task is providing fund management advice. If you are good at the job, soon you will have your own portfolio of clients who will trust you to help them realize their most cherished goals. The job is perfect for overachievers with a strong entrepreneurial spirit and high self-esteem. Investment recommendations are not all you are responsible for.
Another option is Retail Insurance Advisor and Branch Manager. These professionals are able to support clients and assure them that they have adequate insurance coverage.
The HSBC also offers its share of careers. For example, you can embark on a career in personal financial services, commercial banking, corporate investment banking, wealth management and IT. Professionals in the first field offer a wide variety of products and services designed to help clients manage their money well. Among these are savings accounts, insurance, mortgages, credit cards, mutual funds and loans. Training is provided at the bank. Commercial banking staff helps national and multinational organizations implement their financial aims through the use of customized banking packages.
If the Bank of Nova Scotia is your preferred workplace, you can apply for a variety of positions: Customer Representative, Account Manager, Branch Manager, Financial Advisor, Mortgage Specialist, Personal Banking Officer, and more. Personal Banking Officers, for example, should have a college diploma or a university degree. They contribute to the bank’s success by meeting sales activity and personal goals and identify customers’ needs. Officers sell the full range of banking financial solutions and deliver customer service. Senior Personal Banking Officers build and maintain relationships with the bank’s customers and promote and sell retail investment products, and deposit and lending products and services. They have an excellent knowledge of customers’ life cycle needs, good credit adjudication judgment and risk analyzing abilities. Senior Personal Banking Officers are strong communicators and relationship builders with sound knowledge in telemarketing, solicitation, and negotiating. University degree or college diploma is required to apply for the position.