Financial Services remains a globally diverse talent pool. The recent disruptions in the industry in terms of geopolitical landscape, rapid advancements in technology, consolidation, globalization and increased transparency, corporate governance and compliance have fueled the thirst for talent that can make a difference. Continuous change management and competitive environment suggest our client requirements are becoming more specific and specialized not just from a technical perspective, but diversity and cultural alignment play a much more important factor in the war for talent across the industry.
Retail banking is a banking service that directly handles individual consumers, not enterprises. Moreover, retail banking jobs entail the provision of customer-centered solutions.
There are 3 types of retail banks – small, large, and online. Moreover, they collect funds through service charges, overdraft charges, monthly maintenance fees, and modest fees.
Its products comprise checking and savings accounts, credit and debit cards, personal and home loans, and also, certificates of deposit.
Consumer banking (catering to individual consumers) differs from commercial banking (catering businesses) regarding the target audience, products, and transactional volume and value.