Why do you want to join banking?

Why do you want to join banking?

Salary is best reason to join any industry. Its true that banking industry offers good remuneration to the employees. Banks also offer added benefits to their employees like minimum Rate of Interest on loans, Medical benefits, Pension benefits and so on. Banking Industry has job safety as well as job stability.

How do you answer the question why do you want to do banking?

The First Answer: You want to learn more about the industry. If it’s genuine, and you truly are interested in the Investment Banking industry, then tell them why. The more reasons you have for it, and the more you can explain why you’re interested in it, the better your answer is going to be.

What is the purpose of banking?

From the point of view of a bank, the purpose of banking is to make a profit. Banks are companies just like any other, trying to make money. They make money by taking in deposits and lending them out. The interest they charge is a major way of making money.

Why you want to join our company?

“I see this opportunity as a way to contribute to an exciting/forward-thinking/fast-moving company/industry, and I feel I can do so by/with my … ” “I feel my skills are particularly well-suited to this position because … “I’m excited about this job opportunity, as it would allow me to …

Why should we hire you for this position?

Show that you have skills and experience to do the job and deliver great results. You never know what other candidates offer to the company. But you know you: emphasize your key skills, strengths, talents, work experience, and professional achievements that are fundamental to getting great things done on this position.

What is the purpose of bank reconciliation?

The bank reconciliation ensures that all transactions that have gone through the bank statements have been reviewed and checked, thus reducing the probabilities of errors in the data used to prepare accounts.

Why you are applying for this position?

First, they want to make sure you’ve done your research and know what their job involves. And second, they want to see if you’ve thought about your own career and know what you’re looking for. They want someone who’s thought about their career goals and wants a specific type of job (or at least a few different types).

Why are you the best person for this job?

In particular, my sales skills and managerial experience make me an ideal candidate for the position. For example, at my last job, I managed a sales team of five employees, and we had the top sales record of our company branch. I can bring my successes and experiences to this job.

How is bank reconciliation done?

Bank Reconciliation Procedure On the bank statement, compare the company’s list of issued checks and deposits to the checks shown on the statement to identify uncleared checks and deposits in transit. Using the cash balance shown on the bank statement, add back any deposits in transit. Deduct any outstanding checks.

What are the three methods of bank reconciliation?

Suppose you run a business called Greg’s Popsicle Stand. When you receive your bank statement at the end of the month, this is how you reconcile it. There are three steps: comparing your statements, adjusting your balances, and recording the reconciliation.