What if you are a manager of a division, a group, or even the entire bank? Your goals probably include increasing the size of the portfolio and generating more profits. These goals often require increasing personnel or re-evaluating the ones you have on staff.
These two scenarios go hand-in-hand. And according to data published by Inc.com, 2014 is going to be a good year for banks and for those looking to hire. According to a survey they conducted, 80% of businesses plan to increase head count in 2014. That is an encouraging number. Close to half think the economy is improving. Those businesses surveyed also said banks are the lenders of choice for future funding with 47% considering a getting a bank loan.
80% of businesses plan to increase head count in 2014.
Good prospects for those looking for a new banking job and for those in management charged with increasing profits and portfolio growth.
For the manager: you will need more qualified people calling on businesses to get them to bank with you. You will need more people to do credit analysis and support those business development efforts.
For those looking: there will be more roles for those with lending, credit, and business development skills. If you can prove that you can successfully attract and close clients, or analyze their information for favorable rates, then you will be in demand and most likely have several options to explore.
Now is the time to start preparing for this year of growth! Get that resume ready if you are looking to make a move or start drafting that job description if you are looking to hire. The year is going to be off to a quick start. I am looking forward to helping you achieve your goals.
Happy New Year!
.: Matt, Archer Executive Search Group.