{"id":1352,"date":"2016-12-21T15:14:35","date_gmt":"2016-12-21T15:14:35","guid":{"rendered":"http:\/\/blogs.comillas.edu\/ope\/?p=1352"},"modified":"2017-01-20T07:39:35","modified_gmt":"2017-01-20T07:39:35","slug":"a-guide-to-banking","status":"publish","type":"post","link":"https:\/\/blogs.comillas.edu\/ope\/2016\/12\/21\/a-guide-to-banking\/","title":{"rendered":"A Guide to Banking"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/blogs.comillas.edu\/ope\/wp-content\/uploads\/sites\/13\/2016\/12\/51412155_edf0145f98_m.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1367\" src=\"http:\/\/blogs.comillas.edu\/ope\/wp-content\/uploads\/sites\/13\/2016\/12\/51412155_edf0145f98_m.jpg\" alt=\"\" width=\"240\" height=\"180\" \/><\/a><\/p>\n<p style=\"text-align: left\">Banks are large, complex organizations, but what\u00a0do they do exactly?<br \/>\nPut simply, they provide services for those who want to borrow, lend and invest. Their clients\u00a0range from individuals and institutions, all the\u00a0way up to the governments and central banks\u00a0of entire countries.<br \/>\nBanks must be ready to act on changes in the\u00a0market triggered by anything from movements in\u00a0the political climate, the financial climate or even\u00a0the weather. So it\u2019s vital that you\u2019re able to adapt<br \/>\nto change, whatever your role or the area you\u00a0work in.<\/p>\n<p style=\"text-align: left\">There are four broad categories of banking:<!--more--><\/p>\n<p style=\"text-align: left\"><strong>Retail Banking<\/strong> \u2013\u00a0dealing directly with small\u00a0businesses and individuals.<\/p>\n<p style=\"text-align: left\"><strong>Commercial or Corporate Banking<\/strong>&#8211; offering banking facilities to medium-to-large- businesses.<\/p>\n<p style=\"text-align: left\"><strong>Private Banking<\/strong> \u2013\u00a0a one-to-one service\u00a0for rich individuals<\/p>\n<p style=\"text-align: left\"><strong>Investment Banking<\/strong> \u2013\u00a0generally related to\u00a0helping clients raise capital,\u00a0often by investing in the\u00a0fi nancial markets.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/blogs.comillas.edu\/ope\/wp-content\/uploads\/sites\/13\/2016\/12\/6736154311_9a0a3a44ba_n.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-1370\" src=\"http:\/\/blogs.comillas.edu\/ope\/wp-content\/uploads\/sites\/13\/2016\/12\/6736154311_9a0a3a44ba_n-225x300.jpg\" alt=\"\" width=\"225\" height=\"300\" srcset=\"https:\/\/blogs.comillas.edu\/ope\/wp-content\/uploads\/sites\/13\/2016\/12\/6736154311_9a0a3a44ba_n-225x300.jpg 225w, https:\/\/blogs.comillas.edu\/ope\/wp-content\/uploads\/sites\/13\/2016\/12\/6736154311_9a0a3a44ba_n.jpg 240w\" sizes=\"auto, (max-width: 225px) 100vw, 225px\" \/><\/a><\/p>\n<p>Banking offers different the careers options. We can group them \u00a0 into the following:<\/p>\n<p><strong>Asset Management<\/strong>: Manage investments for private<br \/>\nfunds, individuals and organizations.\u00a0have the strategic skills and insight to develop\u00a0products at the forefront of the industry.<\/p>\n<p>Its right for you if you like to think ahead; the role is about\u00a0developing sound investment choices that\u00a0meet a client\u2019s objectives.<\/p>\n<p><strong>Corporate Finance: <\/strong>Delivers the strategic advice<br \/>\nand fi nancial products that help large corporate<br \/>\nclients build their businesses and grow their<br \/>\nshareholder value<strong>.<\/strong><\/p>\n<p><strong>\u00a0<\/strong>You<strong>\u00a0<\/strong>are highly numerate \u2013 you\u2019ll be working out<br \/>\nhow diff erent strategies impact clients\u2019 finances. Have excellent networking skills.<\/p>\n<p><strong>Finance: <\/strong>Carries out services essential to the running of<br \/>\nthe business.<\/p>\n<p>You have excellent numerical skills and are\u00a0interested in creating complex mathematical\u00a0models<\/p>\n<p><strong>Legal and Compliance:<\/strong>\u00a0Banks make millions of transactions every day and they need this department\u00a0to make sure it does not<br \/>\nbreak the rules.<\/p>\n<p>You want to learn about international financial<br \/>\nregulations. Are precise \u2013 mistakes in Legal and Compliance<br \/>\ncan be very costly.<\/p>\n<p><strong>Operations: <\/strong>Operations makes sure business is carried out<br \/>\nefficiently, on time and without risk<b>.\u00a0<\/b>It\u2019s chiefly concerned with Sales &amp; Trading,\u00a0processing the trades made on the trading floor<\/p>\n<p><b> <\/b>You\u00a0want to get an in-depth understanding of how\u00a0banks operate. Would like excellent career development\u00a0opportunities.<\/p>\n<p><strong>Risk Management:\u00a0<\/strong>Its role is essential to minimizing all sorts of business risks. It\u00a0helps the bank grow while keeping an eye on the<br \/>\npotential consequences if something goes wrong.<\/p>\n<p>You have a passion for statistical analysis . Are able to create and use complex\u00a0mathematical models.<\/p>\n<p><strong>Sales &amp; Trading:<\/strong>\u00a0In simple terms,\u00a0traders buy and sell products. We can find <em>Sales<\/em>, <em>Trading<\/em>, <em>Structuring<\/em> (tailoring products to client\u00b4s needs) and <em>Resarch<\/em> (analyzing a specific company or sector)<\/p>\n<p>You<strong>\u00a0<\/strong>are good with numbers. Are quick to learn, and very enthusiastic.<\/p>\n<p><strong>Wealth Management:<\/strong> it\u00b4s about managing people\u2019s wealth.\u00a0Making<br \/>\ntheir assets work hard calls for in-depth\u00a0knowledge of financial markets and investment\u00a0opportunities, plus the ability to nurture very\u00a0good relationships with the high-net-worth<br \/>\n(HNW) individuals in question.<\/p>\n<p>You<strong>\u00a0<\/strong>want to manage the assets of some of the\u00a0wealthiest individuals in the world. Are keen to use both your analytical skills and\u00a0your excellent social skills.<\/p>\n<p>As with any other company, we can also find the Human Resources, Technology or Treasury departments.<\/p>\n<p>In any case,\u00a0Banks must be ready to act on changes in the\u00a0market triggered by anything from movements in\u00a0the political climate, the financial climate or even\u00a0the weather. So it\u2019s vital that you\u2019re able to adapt\u00a0to change, whatever your role or the area you\u00a0work in.<\/p>\n<p>&nbsp;<\/p>\n<p>Fuente: Deutsche Bank<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Banks are large, complex organizations, but what\u00a0do they do exactly? Put simply, they provide services for those who want to borrow, lend and invest. Their clients\u00a0range from individuals and institutions, all the\u00a0way up to the governments and central banks\u00a0of entire countries. Banks must be ready to act on changes in the\u00a0market triggered by anything &#8230; <a title=\"A Guide to Banking\" class=\"read-more\" href=\"https:\/\/blogs.comillas.edu\/ope\/2016\/12\/21\/a-guide-to-banking\/\" aria-label=\"Leer m\u00e1s sobre A Guide to Banking\">Leer m\u00e1s<\/a><\/p>\n","protected":false},"author":170,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,12],"tags":[227],"class_list":["post-1352","post","type-post","status-publish","format-standard","hentry","category-empleo","category-informacion-de-interes","tag-banking"],"_links":{"self":[{"href":"https:\/\/blogs.comillas.edu\/ope\/wp-json\/wp\/v2\/posts\/1352","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.comillas.edu\/ope\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.comillas.edu\/ope\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.comillas.edu\/ope\/wp-json\/wp\/v2\/users\/170"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.comillas.edu\/ope\/wp-json\/wp\/v2\/comments?post=1352"}],"version-history":[{"count":5,"href":"https:\/\/blogs.comillas.edu\/ope\/wp-json\/wp\/v2\/posts\/1352\/revisions"}],"predecessor-version":[{"id":1391,"href":"https:\/\/blogs.comillas.edu\/ope\/wp-json\/wp\/v2\/posts\/1352\/revisions\/1391"}],"wp:attachment":[{"href":"https:\/\/blogs.comillas.edu\/ope\/wp-json\/wp\/v2\/media?parent=1352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.comillas.edu\/ope\/wp-json\/wp\/v2\/categories?post=1352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.comillas.edu\/ope\/wp-json\/wp\/v2\/tags?post=1352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}