Roles and Responsibilities of Bank Probationary Officer

Roles and Responsibilities of Bank Probationary Officer

Article 1: 

One of the most common questions asked during Bank P.O. Interview is, ‘What a Bank Probationary Officer / Bank P.O. does?’ In this section we are throwing light on role of a Bank Probationary Officer, what kind of life he lives as Bank P.O.A Bank P.O. in a bank is the entry level appointment to start career as bank officer.

In this career growth prospects both in terms of salary package as well as post is high. Promotional prospects are quite higher for those who perform better. The work of a Bank P.O. involves General Banking, Administrative Task, and any other task bestowed by the bank time to time.A Bank P.O. needs rigorous training to understand nitty-gritty of banking and thus he / she can be asked to perform any work till probation period completes.

After the completion of probation period he / she can be assigned routine work like posting, scrolling or advances or anything which relates to banking. Generally, he / she assigned different responsibilities as asked by the Senior Manager. Bank P.Os are trained for accounting, marketing, investment, billing, finance, human resources, etc.

The Bank P.O. also assigned the task of selling bank’s products and thus to generate high returns. They can be asked to work in loans and advances, mortgage etc. Handling customer grievances is also responsibility of a Bank P.O. Excellent communication skills and ability to deal with people is one of the prime requirement of a Bank P.O.

After completion of Probation period Bank P.O. has given post of Assistant Manager. In the start he / she posted in low capacity branches and given tasks like cheque clearance, cash flow management, Demand Draft Issuances etc. As he / she gains experience and expertise due promotions are offered and shifted to high capacity branches. Bank P.O. enjoys handsome salary along with other facilities and reputed position in society.

Article 2:

You should know the work you going to perform before preparing for any exam. First thing i want to say about Bank Job (either Clerk or PO) is that it involves financial risk. You should be active in your duties. It is not like other Govt sector jobs.

As this topic is about Bank PO, i will talk about PO duties.Bank PO have to perform any task in bank. Bank PO Responsibilities are: Cash Management, Supervision of Clerical work,  Do has to take decisions,  Loan Processing and Recovery Loans. Every bank branch will have certain cash limit. PO should ensure that the average cash balance limit is maintained or not.

You have to predict the cash you require on particular day and you should act accordingly. This is called Cash management. You will know the complete details when you join in bank. You may not understand at this point of time.PO has to verify all the work done by clerk. Maker and Checker is involved in every transaction performed in bank. In case of cash transactions, clerk is a maker and PO is the checker. PO has to check whether Clerk entered everything correctly or not and authorize the transactions. If PO is a maker, Manager is a Checker.

 In case of loans, usually PO is a maker and Branch Manager is a Checker. Checker is responsible for any loss.Bank PO has to look after the Loan documentation and visit the party site whenever required. All the Loans word has to be performed by Officer Advances.PO has to issue check books, ATM cards, DDs, BCs. PO has to handle customer complaints. You have to be cool and calm while listening to them. Some people will shout. You have to deal them patiently and convince them.Bank PO have to read all the circulars. If you don’t, you will definitely make a mistake and have face the consequences.

Bank PO joins the bank as Asst Manager after completion of probation period. There are various responsibilities for Bank PO. It will be assigned to you as per the branch requirement by the Branch Manager.Career growth in banks is very high compare to any other Govt Job. Promotional prospects are quite higher for those who perform better. There are many more things but these things are basic things that you must know before joining in bank.