{"id":22903,"date":"2021-06-13T18:10:14","date_gmt":"2021-06-13T18:10:14","guid":{"rendered":"https:\/\/www.reliablecounter.com\/blog\/?p=22903"},"modified":"2021-06-13T18:10:14","modified_gmt":"2021-06-13T18:10:14","slug":"roles-responsibilities-of-an-ibps-po","status":"publish","type":"post","link":"https:\/\/www.reliablecounter.com\/blog\/roles-responsibilities-of-an-ibps-po\/","title":{"rendered":"Roles & Responsibilities of an IBPS PO"},"content":{"rendered":"

Every year, lakhs of young banking aspirants appear for the IBPS PO exam, hoping to land their dream job \u2013 Probationary Officer of a bank. It is considered one of the most privileged white-collar jobs in the country. The recruitment process is generally for public sector banks as well as regional rural banks. IBPS stands for Institute of Banking Personnel Selection. This is the body that conducts the exam for the post of probationary officer in banks. The post is called probationary officer as candidates who are selected after the IBPS PO exam and interview, are trained and are under probation for 2 years.\u00a0<\/span><\/p>\n

The role of the probationary officer is an entry-level position with 2 years of training. The gross salary of a Bank PO is around Rs 37,360 to Rs 38,700, depending on the bank and location of posting. Probationary officers may also receive travel allowance and reimbursement, apart from HRA, CCA, medical allowance, special allowance, and dearness allowance.\u00a0<\/span><\/p>\n

To become a probationary officer, candidates need to clear the IBPS PO exams. There are two exams that candidates need to take \u2013 IBPS PO Prelims and Mains. The IBPS PO Prelims exam is a 1-hour exam, consisting of 3 sections \u2013 English language, Numerical Ability, and Reasoning Ability. There are 100 questions in total and the maximum marks are 100. To qualify for the IBPS PO Main exam, candidates need to clear the cut-off in all three sections of the Prelim exam.<\/span><\/p>\n

The IBPS PO Main exam consists of 5 sections and the total duration of the exam is 210 minutes. Maximum marks in the IBPS PO Main exam are 225.\u00a0<\/span><\/p>\n

Those who clear both the exams are then selected for the final phase of the procedure \u2013 the interview. It is a crucial part of the selection procedure as candidates are tested for abilities such as behaviour, communication skills, ability to work hard, personality and problem-solving skills as well as leadership qualities. The interview carries a maximum of 100 marks and candidates need to score 40%, the minimum qualifying marks. It is usually of 15 to 20 minutes wherein a panel of bank officials ask candidates about themselves, current affairs, the banking sector, general awareness, etc. After this, a final merit list is prepared based on the marks obtained in the Main exam and the interview.\u00a0<\/span><\/p>\n

Once IBPS PO candidates are selected, they are appointed as Probationary Officer. They will hold this position throughout their probation period. They are trained in the Training Academy of the bank and this procedure varies with each bank.<\/span><\/p>\n

After their training, candidates are posted to another branch, depending on the bank, and undergo probation of 2 years. During this time, candidates are exposed to the different aspects of the bank such as general banking, cash management, billing, front desk, cheques, marketing, investment, finance, loan processing, deposits, issuing of DDs, and other banking activities. With this, they can familiarize themselves with the day-to-day working of the bank.\u00a0<\/span><\/p>\n

After the probation period, the candidate is confirmed as a probationary officer. They are mainly responsible for conducting the day-to-day operations in the bank they are recruited for. The responsibilities of the candidate as a probationary officer include \u2013<\/span><\/p>\n