Description

The vice president of a business typically is the third or second in command. They assist the President in managing internal operations and filling into the role when the President is not available. The vice president is in an upper-level leadership position in the company and supervises departmental managers.

Roles & Responsibilities

As an Assistant Vice President, Corporate Banking with 9+ years of experience in India, here are some main responsibilities:

  • Build and maintain strong relationships with corporate clients, understanding their financial needs and providing tailored solutions.
  • Assess the creditworthiness of potential borrowers by analyzing financial statements, conducting due diligence, and evaluating risk factors.
  • Identify new business opportunities, pitch banking products and services to clients, and contribute to the growth of the corporate banking portfolio.
  • Supervise and mentor a team of banking professionals, collaborate with other departments, and ensure effective execution of corporate banking transactions.

Qualifications & Work Experience

Major educational qualifications required for Assistant Vice President, Corporate Banking are:

  • Candidates must hold an advanced degree or MBA
  • MBA in Mass Communication or Advertising or Marketing
  • Must be from a reputable university
  • Must be from an accredited AICTE accredited institute

Essential Skills For Assistant Vice President, Corporate Banking

1

Strategic Foresight

2

Strategic Mindset

3

Leadership Management

4

Strategic Planning

5

Leadership Communication

Skills That Affect Assistant Vice President, Corporate Banking Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Banking Management

3%

Career Prospects

The Assistant Vice President, Corporate Banking role is an important position that requires extensive experience in the Indian banking industry. With 9+ years of experience, professionals can explore various alternative roles. Here are four options to consider:

  • Relationship Manager: A role that involves nurturing and managing corporate client relationships, providing financial solutions, and cross-selling banking products.
  • Credit Risk Manager: A position focused on assessing and managing the creditworthiness of corporate clients, ensuring the bank's loan portfolio remains within acceptable risk limits.
  • Treasury Operations Manager: A role that involves overseeing treasury operations, including cash management, liquidity planning, and foreign exchange transactions.
  • Business Development Manager: A position focused on identifying and pursuing new business opportunities, expanding the bank's client base, and maximizing revenue growth.

How to Learn

The role of Assistant Vice President, Corporate Banking in India is projected to experience significant growth in the market. A 10-year analysis indicates a positive trend with increased demand and expanding responsibilities. With the economy's steady development, it is expected that more employment opportunities will be available in the future for this position. The latest data from Google suggests that the ongoing expansion of the Indian corporate banking sector will continue to fuel the growth of this role, making it an appealing career choice for individuals interested in this field.