Bank Jobs

Banks in Singapore are starting to recruit staff on a rather regular basis over the past few weeks.

A glance thru the weekend recruitment sections of the local newspapers, and you could find job vacancies in many bank departments, especially the sales departments.

Positions such as Relationship Manager, Business Development Manager, Business Financial Manager etc are appearing more and more often in the job vacancy sections of newspapers and perhaps the internet.

World Cup

Some bank staff look weary and tired because of the World Cup.

They would stay up late to watch the matches and some report for work late too.

Some supervisors and team leaders are no exception.

Bank Sales Staff

Most bank sales staff are just like any other sales staff, they have a target to achieve.

They would try their very best to hit that sales target of theirs and would go all out, working hard. Nothing wrong with that. It is good to work hard and achieve one's sales target through upright methods.

However, there are quite a number of these banks sales staff who ''play dirty''. They use all sorts of tactics to ''trick'' customers into signing up for packages. This is what is termed as ''mis-selling'' in banking language.

Why Do So Many ''Bank'' Telemarketers Call?

Ever wondered why you receive so many calls on your mobile phone from ''banks'' asking you to sign up for credit cards, balance transfers, insurance packages etc?

Well, most of the time, these telemarketers who call you aren't even from the banks, they are calling from a third party organisation that has been appointed as a marketing arm for the banks. So all they do is call call and call existing bank customers.

Bank Special Promotions

On and off, banks will offer special fixed/term deposit interest rates and other goodies.

The main questions to ask the bank officer serving you are:
- will the interest rates hold steady throughout the term of the deposit (eg 12 mths or 24 mths etc)?
- where does it say in the T&Cs that it will hold steady, assuming the answer to the first question from the bank officer is ''yes''.
- if there is a banking crisis or a run on the bank, how much of the deposit sum (how many %) is guaranteed?
- is the deposit linked to any unit trust or other investments that come with risk elements?
- what is the bank officer's name and verify with his/her name tag.

Britain's New PM

Britain has a new PM, please read here.

Bailout for Greece

The EU and IMF are assisting Greece with a bailout of its debts.

Greece is facing a tough economic situation and both Germany and France are expected to lead the way in the bailout.

Prices of COE

The prices of COE for new cars are at an all time high. Cost of living is again high.

Have a read here.

Economic Recovery

The economy seems like it is heating up again. What with much higher COE prices, housing prices, rental prices (retail and residential), it looks like the economy is heading north again.

Good news for jobs, but may not be that good a news for business owners who are functioning in areas where the demand for their goods/services has not increased in line with the increase in business costs (rental, utilities etc).

Bank Sales Job

This is a challenging (alot of stress) position that when done well, reap rewards that are more than what other jobs could offer.