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Three New Age Skills to Make You Employable for Banks

Finding a job in the finance sector in India is a “dream come true” for many, not only because it offers a number of options as well as substantial growth, but also because of the high value of such a post and the prestige of being able to immerse yourself into the sector. 

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Our PO coaching in Delhi aims to ensure you receive the best aid in order to land this much coveted job. However, here are three skills of the current century to develop that will help you gain an edge as well as portray your passion for the industry:

Financial Risk Modelling 

Financial risk modelling is an essential skill to have that helps make you more employable. With the use of formal techniques and concepts of econometrics, one can determine the combined total of risk of a particular finance portfolio. 

When working with the financial modelling department, you may have to deal with financial risk modelling techniques such as calculating market risk, historical simulation and even the extreme value theory to determine the profitability or loss levels for various firms. Depending on your objective, such as finding the credit risk or liquidity risk, you will have to develop an eye for what portfolio managers may require during assessments. 

This helps in ensuring that a firm is able to maintain the adequate reserves to maintain for purchasing and sales processes.

Electronic trading

Electronic trading has been modern age portal that helped open doors to the global markets with ease. With the help of various electronic trading facilities and platforms one can easily trade securities such as bonds, stocks and foreign exchange.  

Information technology has come a long way in recent years as a tool that helped build virtual market places by connecting buyers and sellers from across the globe. Gone are the days of aggressive floor trading as these methods are gaining much better results since its inception. 

Regulation Management 

Financial institutions and such organisations face rapid changes in the regulations they are being governed by. With the political scenario of India too being a one that is undergoing major modifications, it is essential to be able develops compliance solutions for your banking institute. 

It allows for greater control over situations while reducing the amount of risk one is exposing their institute to. This skill is not only great to have in the banking industry but can be resourceful in the future.

There are a number of applicants across the country, competing for prestigious seats with a banking institution. 

In order to ensure that your resume stands out from the mass, not only is it essential to build on your basic banking knowledge but also make certain you are up to date and meet the new age market demands. This can also be of great help in the future if you ever decide to embark on a path other than core banking services, safeguarding the investment made into building your career !

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