what is probationary officer in bank

10 months ago 21
Nature

A Bank Probationary Officer (PO) is a post in the banking sector that is widely sought after by aspirants across the country. It is a managerial-level position that is available in both public and private sector banks throughout India. A Probationary Officer is basically an Assistant Manager of Scale I in a bank. The Bank PO is a post under the Officer cadre of the Banking sector, where candidates are directly recruited as Officers in major Banks of the country. The role of a Bank PO includes administrative jobs, managing duties such as branch manager in the absence of a branch manager, routine functions, and some other activities such as raising the bank portfolio in credit and advancements, recovery management, and settlement of claims. The Bank PO is trained on multiple verticals such as finance, accounting, billing, investment, etc. during his/her probation period in order to acquaint them with various working procedures of the bank. The probation period of a PO may last for 1-2 years based on the bank. The Bank PO job profile comes with a lot of responsibilities, including working as a Public Relations Officer, handling customer complaints, and addressing various customer-related issues. A Bank PO has to work towards augmenting the banks business by managing cash flow, loans, mortgages, and finance.