Bank Probationary Officer Role & Responsibilities


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 avg cash balance limit is maintained or not. You have 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 have to verify all the work done by clerk. Maker and Checker are 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 authorise 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 have to look after the Loan documentation and visit the party site whenever required. All the Loans word have 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.

What is the role of bank probationary officer?

Answer:

This is the most asked question in the Bank interviews. They ask the candidates about the profile of the Bank PO post. Are they aware regarding their job profile or not? Here, a very comprehensive detail about the profile and type of work the Bank PO do after joining in branch.

Bank PO Responsibilities

A Bank Probationary Officer (PO) in the bank is the starting level appointment for bank officers and the promotional prospects are quite healthy with the work as it defining the limit for the candidate's success. Job profile of PO (Probationary Officer) is General Banking, administration work and any other work assigned by the Bank from time to time.

A Bank PO can be asked to do anything till the completion of its probation period. After the confirmation he/she can give tasks having routine work like posting, scrolling or advances or anything that is related to banking. He/she generally assigned to various responsibilities, as directed by the Sr. Manager. They are trained for accounting, marketing, finance, investment as well as billing. 
The Bank PO also work on increasing other aspects of the bank's business such as the loan department, the the mortgage and finance divisions of the bank. Handling customer complaints and issues is also the responsibility of the Bank PO. Often this means dealing with complaints over issues such as charges, discrepancies in accounts, or even in complaints with service at the bank. Good communication skills and an ability to resolve conflicts calmly is essential for a Bank PO

Bank PO joins the bank as Asst manager after the end of probation period . Initially he/she may be posted in a branch where he/she will handle daily customer transaction like passing a cheque, cash management, Draft issuance etc. After certain experience and depending upon skill/aptitude, the person would be given an opportunity to work in other areas like planning, marketing, budgeting, processing of loan , investment management etc.

Bank Officer & Clerk

Bank Officers and Clerk - Introduction

A Probationary Officer (PO) in the bank is the starting level appointment for bank officers. The POs have a one or two years probation period during which they are given exposure to various important functions of the bank such as Loans & Advances, Foreign exchange, Credit Rating, Treasury, Risk Management, IT, Marketing etc.

 

 

A bank clerk, is a financial service professional who serves as the primary point of contact for most bank customers, administering basic banking transactions ,documentation and administrative functions

Role of PO in Banks

Most of the times we all read or hear about the recruitment drive for probationary officer in both public and private sector banks but most of us don’t know the exact role of Probationary officer, Strange but True. In bank interviews this is acommon question asked to the candidates but candidates are not able to answer it correctly as they themselves are confused about PO role in Banks.
Here, we tried to explain Role of PO in banks which can help candidates appearing in interviews.

Who is a Probationary Officer?

A Probationary Officer (PO) in the bank is the starting level appointment for bank officers. The PO’s have a one or two years probation period during which they are given exposure to various important functions of the bank such as Loans & Advances, Foreign exchange, Credit Rating, Treasury, Risk Management, IT, Marketing etc.
They have to report to their immediate senior officer,who is responsible for the closely monitor & evaluate the performance of him/her for a certain period of time.

Responsibilities / Role / Functions of PO:

Following are the Duties/Role/Responsibilities/Funtions which a PO must perform as indicated by their immediate senior manager-

• Good communication skills and an ability to resolve conflicts calmly are normal expectations from everyone.
• Actually a Bank PO can be asked to do anything related to banking till the completion of its probation period. During training or probation period they are trained for accounting, marketing, finance, investment as well as billing.
• After the Completion of Probation period, the Bank PO becomes Assistant Bank Manager and may be posted in any branch across the country to handle daily customer transaction like passing a cheque, cash management, draft issuance etc.

After certain experience and depending upon skill/aptitude, the person would be given an opportunity to work in other areas like

• Handling the loan department, the mortgage and finance divisions of the bank.
• Handling customer complaints and related issues.
• Assigned the task of selling bank’s products and thus to generate high returns
• Also, in Investment management, Budgeting, Planning areas.

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.