Banking is the cornerstone of the modern financial system. Bankers play an integral role in collecting deposits and forwarding loans to keep the cogs turning in the financial machinery that runs our society today.
Banking Professionals Skills and Training
Banking is a high responsibility job. Whether you work in loans, front end operations or as an asset/fund manager, you often have to work with a variety of skills necessary to do your job well. Banking professionals are dealing with a multitude of compliance issues every day and not to mention dealing with customers money and wealth. It is normal for a banker to take decisions involving millions of dollars worth of assets every day.
Banking regulations force professionals to continue their education on industry changes, compliance and regulatory issues. This is why many banking institutes have raised this requirement to a have a rigourous continuing education plan in place to continue teaching employees.
Most bankers continue their education in business, management, finance or auditing. Bankers must have strong numeracy and accounting skills. Additional skills in business law, IT and communication are useful as well. Some important skills to have in banking include the following.
- Accounts Analysis and Problem Solving
- Audit and Compliance
- Banking Regulations Awareness
- Computer and IT Skill
- Financial Statement Analysis
- Good Communication
- Knowledge of Best Practices and Banking Regulations
- Leadership and Teamwork
- Numeracy and Accounting
- Organization and Planning
- Product Knowledge and Valuation
- Sales and Customer Service
Online Training for Bankers Through Lorman
Banking is one of those industries where professionals can improve their knowledge and skills through online courses. People with a passion for banking and those looking to progress their career can benefit from professional and high quality training courses on the following topics.
- Accounting and Finance
- Financial Statement Analysis
- Bank Security
- Handling Cash and Check Deposits
- Customer Service and Relationship Management
- Deposit Operations
- Insurance and Securities
- Consumer Lending
- Bank Regulatory Compliance
- Commercial Lending
- Teller Operations
- Principles of Banking
- Retail Banking
- Mortgage Lending
- Wealth and Trust Management
- Risk Assessment and Management
- Monetary Policy
- Understanding Modern Finance
- Characteristics of Money
- Raising Finances through Loans and IPO
Online Training for Bank Professionals
Staying on top of the banking landscape requires that professionals learn and learn quickly. Online banking continuing education is a great resource that is quick, easily accessible and flexible to full time job requirements. Learning on the go makes banking continuing education efficient. Flexible, online courses offer a great solution in this regard. Increase your knowledge and gain new, useful skills with the help of online training courses for bank professionals. .
Well designed courses offered at Lorman will equip you with all the right knowledge and skills you need. What’s more, the courses are much cheaper than you would need to pay at a seminar or conference.