NewStats: 3,262,096 , 8,176,062 topics. Date: Saturday, 31 May 2025 at 06:56 PM 2i6o3e6z3e3g |
Your Thoughts On Nigerian Banks Salaries 2021 (151501 Views)
Cokes: 9:23pm On Aug 15, 2021 |
Ok. How was the interview/exam? Was it difficult? What kind of questions did they ask? They didn't tell you the bank they're recruiting for? DSuperiorBrand: |
DSuperiorBrand: 10:06pm On Aug 15, 2021 |
What does "back office" means please? I'm presently 24, next year I'll be 25. I have a 2:2 (3 point though) in Philosophy from the University. I'm I qualified to Stanbic as a GT? |
DSuperiorBrand: 10:08pm On Aug 15, 2021 |
Cokes: I guess we'll get to know the name of the bank when the bank finally invites us for the next stage |
NairaEffect(m): 11:49pm On Aug 15, 2021 |
Welcome back bro. Wow... This is really expository. Thanks for sharing. From what you've listed, it's obvious back office locations/head office have more advantages over the branches. I guess one of the "disadvantages" of head office will also be that you have to be on your best behavior at all times because eyes are on you and you don't know who is watching you. One may get away with some things at the branch but not at the head office. For the late closing part, why is that the case with head office? I was thinking it should be easier for them to wrap up and close on time since they are not balancing books at the end of each day like the branches. Also learnt that most of the head offices have a gym where you can workout before resumption or after close of business while waiting for traffic to ease. The subsidized food at the canteen ![]() richmondefosa: |
NairaEffect(m): 11:57pm On Aug 15, 2021 |
I treasure my weekends o. Lol For branches, does everyone get to have a share of the weekend ATM duties? Does it matter if you're not a teller, CSO or ATM custodian? richmondefosa: |
richmondefosa(m): 5:49am On Aug 16, 2021 |
NairaEffect: We don’t have a gym o. Maybe others have. It’d be a nice thing though. We close late because our tasks are daily requests from branches nationwide. There’s really a lot happening in Banks asides paying in and receiving monies and lots of people don’t realize it. There’s also something called SLA (service level agreement). It’s a time frame for a request to be met. This calculates our efficiency. So if you deal a thousand requests and fail SLA for 900, the requests have been dealt o but you performed abysmally. So if a request is logged around 4pm (closing time for branches) SLA will expire by 8am the next day. So we stay back to deal these requests to reduce the workload and potential missing of SLA for the next day. Because by 8am the next day, more requests are coming in. It’s a war zone out there ![]() So if you fail SLA continuously, you’re unlocking the closest door for your way out. That’s why we close late. 6pm officially sha. Staff bus departs 6:30. Imagine leaving the island by 6:30 by bus to ikorodu or mowe. Think of the traffic. But hey! You’re inside AC. So if I drive to work, I actually stay back and work more or do other personal studying while waiting for Lagos traffic to die out. 14 Likes 1 Share |
richmondefosa(m): 5:56am On Aug 16, 2021 |
NairaEffect: In my current location, everyone is involved in managing the ATM. Doesn’t matter wether you’re a teller, CSO, asset custodian, ATM custodian or HSS. Only the branch manager is absolved. My branch isn’t an ‘A’ branch so I don’t know if it’s obtainable in bigger branches. I’m stating my personal experience. The ATM is not allowed to have a downtime for more than 20minutes. If it does, get ready to be queried. 12 Likes 2 Shares |
Richdee1(m): 2:07pm On Aug 16, 2021 |
Thanks for all the insight and information on here So as a Fresh Graduate that has no idea of how banking and Finance works, can I still apply and get the job? Do they use background to Pick or it's just the best If I'm applying, should it be graduating Trainee role or Internship? Or just applying randomly.. PS: I'm an art student |
richmondefosa(m): 11:07pm On Aug 16, 2021 |
DSuperiorBrand: I’m sorry I missed this. I ed the bank as a 24 year old. I graduated with a 2.2. Arts students. Linguistics and African Languages to be precise. ![]() At 24/25, you’re still suitably qualified to as a graduate trainee. Every bank operates 2 kind of offices/ work location. Branch and Back office (depending on the bank structure, some call it Head Office) Branches are the regular bank branch you see around you. Where deposits, withdrawals and customer enquiries take place. Back office is where the istration of the whole bank takes place. The HR, finance, legal, IT, Global markets, compliance, corporate communications, events marketing and campaign etc departments. The bank CEs and other executives are based there. I hope this clarifies. 24 Likes 3 Shares |
richmondefosa(m): 11:18pm On Aug 16, 2021 |
Richdee1: Yes you can still apply. That’s why it’s called a Graduate Trainee. It’s not an experienced hire role. You do not need to study banking and finance to be a banker. I have a colleague who studied industrial chemistry. The other did plant abi soil science I can’t readily recall. They don’t use background to pick. the exam and finish off the interview then you’re good to go. I don’t think banks offer internships for graduate hires o. I may be wrong though. If you scale the exams and interview, you’ll be sent to training school for a couple of months. I did 3 months in training school. Here you’ll be well grounded in the workings of the bank. After training school, you’ll be rotated in 3/4 different department of the Bank within 3/4 months per department. You could do 3 months in sales (you’ll be sent to a branch), do another 3 months in compliance, another in corporate communications or IT. Basically any department. At the end of your rotation, you’ll eventually be settled in any one of the positions you performed best. I during my interview, there was a covenant university graduate who did banking and finance. She didn’t make it. My point is that for a GT role, you don’t need to have a background in finance. All that’s needed is a university. 28 Likes 3 Shares |
Richdee1(m): 11:38pm On Aug 16, 2021 |
richmondefosa: Thanks man 4 Likes |
Nonpartisan1: 1:33pm On Aug 17, 2021 |
richmondefosa: How come most of them are always broke if they earn that much? 3 Likes 1 Share |
jorne: 1:35pm On Aug 17, 2021 |
It's true. It's a bit more than that. I have a Sister working there
UcLloyd: 6 Likes |
richmondefosa(m): 1:40pm On Aug 17, 2021 |
Nonpartisan1: The joke is on you if you think bankers (Full time role o) are broke. 17 Likes 1 Share |
Pumpumking: 1:40pm On Aug 17, 2021 |
NairaEffect: how much are they payin u? ![]() |
OJEEMAH(m): 1:41pm On Aug 17, 2021 |
symbolofhope:thats too poor.....how much contract staff con dey earn? 2 Likes |
nedzuby: 1:42pm On Aug 17, 2021 |
richmondefosa: Lol it’s not lie detector but psychometric test. They do this test to know your area of weakness and strength. Not to fire you but to place you on where you can excel or better still to know what training to schedule you to help in your area of weakness 7 Likes 1 Share |
richmondefosa(m): 1:43pm On Aug 17, 2021 |
jorne: thank you o. Someone almost roasted me when i said how much they pay GT. People think the bankers are the tellers receiving cash at the counter. 7 Likes 1 Share |
nedzuby: 1:44pm On Aug 17, 2021 |
Nonpartisan1: If you are not finically disciplined, no matter what you earn you will be broke a week or 2 after salary 19 Likes 3 Shares |
richmondefosa(m): 1:45pm On Aug 17, 2021 |
nedzuby: Thank you. been long i wrote the exam and i could not readily recall the name. My colleagues called it the lie detector ![]() There are no right or wrong answers to it. Just to know your strengths and weaknesses. 5 Likes 1 Share |
ejimatic: 1:49pm On Aug 17, 2021 |
richmondefosa:lies unlimited |
ogzille(m): 1:52pm On Aug 17, 2021 |
Check www.mysalaryscale.com
1 Like 2 Shares |
richmondefosa(m): 1:52pm On Aug 17, 2021 |
ejimatic: please counter this. Don't just say lies unlimited. Counter it. 1 Like |
Icon2007: 1:53pm On Aug 17, 2021 |
yes you are , you can apply for client service officer, zero years of experience required for this. check on their webpage and apply asap. DSuperiorBrand: 3 Likes 2 Shares |
Nonpartisan1: 1:55pm On Aug 17, 2021 |
richmondefosa: Oga they are broke to my standard...Always begging subtly in the banking hall, Even the full staff that manage my ... I lend them money on monthly basis! Stop acting as if bankers were rich people...They are broke ass, living on loan and upfront allowances... 2 Likes |
Rilwayne001: 1:55pm On Aug 17, 2021 |
I have OND in banking and finance (Upper credit) A recent graduate of Finance from a reputable university in Nigeria (finished with a 2;1), however awaiting NYSC. Does this two certificates counts in Stanbic and how can one apply without going through outsourcing firm? |
nedzuby: 1:57pm On Aug 17, 2021 |
UcLloyd: I have seen a contract staff that earned over 400k in stanbic. They really don’t have a flat rate they pay their staff. Your salary is dependent on the department you work in 3 Likes |
mkoabiola: 1:58pm On Aug 17, 2021 |
Banking of today is not encouraging exceot a core or permanent staff. Only 10 % are full time staff in d banking sector |
NamelessOGBENI(m): 1:59pm On Aug 17, 2021 |
richmondefosa:Seems I know this bank. |
KazikageSama: 2:00pm On Aug 17, 2021 |
UcLloyd: Stanbic GRT entry levels get promoted straight to ABO role. Which is like 2levels above the normal BTA. I think... ![]() 2 Likes 2 Shares |