Are Bankers in demand in Canada
In this article, we would provide an answer to the question ‘are bankers in demand in Canada. Before then, it is important to know who a banker is and what he or she does.
Who is a Banker?
A banker is a professional who performs banking roles in the bank. Example of these roles include;accepting deposits, lending cash, taking flight facilities, and changing cash. In general terms, a banker is a staff of a bank who conducts the business of banking.
Responsibilities of a Banker
According to Batter Team, the following are some of the responsibilities of a banker;
- Signing on new clients and helping them through the onboarding process.
- Managing client bank accounts, including opening and closing accounts, and overseeing transactions.
- Processing deposits, payments, and withdrawals.
- Authorizing and evaluating overdrafts and loans.
- Handling other transactions, such as writing cashier checks or money orders, when necessary.
- Recommending and explaining banking services and products to clients based on their needs.
- Presenting and cross-selling banking services and products to existing and prospective clients.
- Collaborating with other banking professionals to ensure high-quality client service.
- Resolving client queries and complaints.
- Performing administrative and clerical duties, such as data entry and filing, when necessary.
Job Titles of a Banker
The following are some of the job titles of banking;
- Bank compliance officer
- Bank marketing manager
- Trust officer
- Bank operations manager
- Bank human resources manager
- Credit analysts
- Accountant
- Investment banking associate
- Auditor
- Financial clerk
- Bank teller
- Financial adviser
- Broker
- System analyst
- Wealth manager
- Loan officer
Where do Bankers work in Canada?
In Canada, bankers are employed in the bank and other financial institutions
Are Bankers in demand in Canada
There is no doubt that Canada is a land of great employment opportunities. Especially at this time where there is a great need of more workforce in the labour market. So, are bankers in demand in Canada? According to the Government of Canada,Labour demand and labour supply are expected to be broadly in line for this occupation group over the 2022-2031 period at the national level.
This simply means that the demand of bankers in Canada can be rated as average.
According to the Canadian Government, the demand of bankers in Canada is expected to rise in Saskatchewan and Quebec.
Salary of Bankers in Canada
According to Canada Job Bank, bankers in Canada can earn as low as $30.11 per hour and as high as $71.12. On average, bankers in Canada make up to $48.72.
Conclusion
We have come to the end of this article on ‘are bankers in demand in Canada?’. Let’s know your thoughts on this in the comment section below.