Banks Currently Recruiting in Nigeria 2018 and How to Apply Online.
Banks Currently Recruiting in Nigeria… The Nigerian banking scheme is one of the important sectors imparting to the growth of the economy of Nigeria. Over the years, its growth in structure and activities has been extremely large.
This article centers on the banking scheme, list of banks, qualifications and recruitment for bank jobs in Nigeria.
History of Banking Scheme in Nigeria.
This dates back to the colonial era. Colonia Banks were set up by the colonial government which met [its commercial objectives. In 1892, British West Africa and African Banking Corporation were created as the first banking establishment in Nigeria. Later, they joined together and transformed into the present-day First Bank of Nigeria. In 1925, Barclays Bank came about through the joining of National Bank of South Africa and Anglo-Egyptian Bank. In 1948, the British and French Bank for Commerce and Industry started business and later advanced into the present-day United Bank for Africa.
Nigeria’s first domestic bank named Industrial and Commercial bank was founded in 1929. The bank was replaced in subsequent years by the Merchant Bank following its breakdown in 1930. Also, after the breakdown of the Industrial and Commercial Bank was followed by establishment of the African Continental Bank in 1949. The African Continental Bank acted as the only indigenous bank in Nigeria. In 1947, the Nigerian Farmers and Commercial was generated for agricultural development.
The Central Bank of Nigeria (CBN) was established in 1959 and has maintained its importance as the highest banking authority in Nigeria. CBN functions are aimed at regulating the economy of Nigeria and reworking the structure of the Nigerian banking system. The reworking of the Universal Banking Model was done by CBN in 2010. The Universal Banking Model is a system that permits anyone who has the commercial banking license to use selected subsidiaries in carrying out direct or indirect banking operations. By douth of this system, banking licenses have been classified into three:
- Specialized/Development Banking License
- Merchant Banking License
- Commercial Banking License
List of Banks in Nigeria.
COMMERCIAL BANKS IN NIGERIA;
- Access Bank Plc
- Diamond Bank Plc
- Fidelity Bank Plc
- First City Monument Bank Plc
- First Bank of Nigeria Limited
- Guaranty Trust Bank Plc
- Skye Bank Plc
- Union Bank of Nigeria Plc
- United Bank for Africa Plc
- Zenith Bank
- City Bank Nigeria Limited
- Ecobank Nigeria Plc
- Heritage Banking Company Limited
- Keystone Bank Limited
- Stanbic IBTC Bank Plc
- Standard chattered
- Sterling Bank Plc
- Unity Bank Plc
- Wema Bank Plc
- SunTrust Bank Nigeria Limited
- Providus Bank Limited
NON-INTEREST BANK IN NIGERIA;
- Jaiz Bank Plc
MERCHANT BANKS IN NIGERIA;
- Coronation Merchant Bank
- FBN Merchant Bank
- FSDH Merchant Bank
- Rand Merchant Bank
- Nova Merchant Bank
Qualifications and Recruitments for Banking Jobs.
Banking jobs in Nigeria are for those who hope to be good in what they do, because the banking sector is very competitive. Being good on the job requires commitment, loyalty and passion; any sign of weakness’ can place you on the sideline.
The major forms of recruitment obtainable in the industry are:
- Executive Trainee(ET)
- Experienced Hire
The groups of participants consisting of new graduates not above 26years of age are referred to as Executive Trainees. In Nigeria, a banking carrier begins from this level.
QUALIFICATIONS FOR EXECUTIVE TRAINEE HIRE.
To be qualified to apply as an ET, you must have the following requirements:
- Must not be above 26years of age
- Must have a degree (B.Sc or HND) not less than second class upper
- Must have gone through NYSC
- Must have good communication skills
- Must be smart and young
QUALIFICATIONS FOR EXPERIENCED HIRE.
This is when a banker is switching to another bank. The process is not the same with the executive trainee; this is because they are already in the system with some years of experience.
The qualifications are:
- Must have Bachelors degree or HND (second class upper)
- Must have additional qualification is an added advantage
- Must have some years of banking experience
- Must be cleared from the previous bank
You have passed the first step if you have the above requirements. The second step involves the preparation of Curriculum Vitae (CV) and an application letter that will portray you better. Use a professional email address for the CV, e.g. [email protected] and not [email protected]. Crosscheck your date of birth with that of your WAEC certificate.
HOW TO SUBMIT YOUR APPLICATION.
There are different avenues one can submit applications, in this digital era all banks have a human resources page on their websites that accepts job applications. There are times were it has to be hard copy in designated branches. Again it depends on the need and the sense of urgency. The key here is to get the right information at the appropriate time.
There are different ways the applications can be submitted; banks have human resource page that accepts applications on their website. Sometimes, hard copies need to be submitted at designated branches.
CONTACT FROM BANK.
After application the application has been submitted, the bank might take some time to contact you for an interview, be it oral or written. Either step that comes first depends on the urgency of the process. There are situations where written test will be bypassed and it may just be oral interviews. Make sure to keep your phones and emails on and recharged at this stage.
After the interviews, successful candidates are enlisted for the bank’s training school, which is usually between 3 to 6months depending on the bank. During this period the bank will train you on their processes and equip you with knowledge on how to be competitive in the industry. There are also series of examinations and written test in the school, failing any test or exam at any stage of the training may mark your exit from the process, which is why you have to be at your very best.
Successful completion of the program translates into a brand new career for you, that makes you an executive trainee (ET) of the bank and this is the starting level.
Successful candidates are usually placed one step above their current level but never below.
I hope this information helps in actualizing your dreams to becoming a banker.
What’s your take on this? We believe this article was interesting right, if yes, don’t hesitate using our share button below to inform – friends and relation via Facebook, twitter or Google+.
Join Over 500,000+ Readers Online Now!
Copyright Warning: Contents on this website may not be republished, reproduced, redistributed either in whole or in part without due permission or acknowledgement. All contents are protected by DMCA.
The content on this site is posted with good intentions. If you own this content & believe your copyright was violated or infringed, make sure you contact us at [email protected] to file a complaint & actions will be taken immediately.
Don’t Attend to Any Call from this WEBSITES Pertaining to any Job or Scholarship Offer Requiring Money.