Work Environment
Head of Corporate Bankings typically work in the following Career Sectors:
Videos & Interviews
Videos on the Web
- Head of Corporate Banking- from: Youtube Search
Most commonly reported Work Activities
- Interacting With Computers Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
- Communicating with Supervisors, Peers, or Subordinates Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
- Guiding, Directing, and Motivating Subordinates Providing guidance and direction to subordinates, including setting performance standards and monitoring performance.
- Coaching and Developing Others Identifying the developmental needs of others and coaching, mentoring, or otherwise helping others to improve their knowledge or skills.
- Monitor Processes, Materials, or Surroundings Monitoring and reviewing information from materials, events, or the environment, to detect or assess problems.
- Establishing and Maintaining Interpersonal Relationships Developing constructive and cooperative working relationships with others, and maintaining them over time.
- Organising, Planning, and Prioritising Work Developing specific goals and plans to prioritise, organise, and accomplish your work.
- Evaluating Information to Determine Compliance with Standards Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.
- Coordinating the Work and Activities of Others Getting members of a group to work together to accomplish tasks.
- Getting Information Observing, receiving, and otherwise obtaining information from all relevant sources.
The Work
- Interview clients to determine their current income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, or other information needed to develop a financial plan.
- Recommend to clients strategies in cash management, insurance coverage, investment planning, or other areas to help them achieve their financial goals.
- Manage client portfolios, keeping client plans up-to-date.
- Implement financial planning recommendations or refer clients to someone who can assist them with plan implementation.
- Analyse financial information obtained from clients to determine strategies for meeting clients' financial objectives.
- Supports engages and develops corporate processes and staff team to deliver services.
Most commonly reported Work Tasks
- Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.
- Plan, direct, or coordinate the activities of workers in branches, offices, or departments of establishments, such as branch banks, brokerage firms, risk and insurance departments, or credit departments.
- Recruit staff members.
- Prepare operational or risk reports for management analysis.
- Evaluate data pertaining to costs to plan budgets.
- Oversee training programs.
- Examine, evaluate, or process loan applications.
- Approve, reject, or coordinate the approval or rejection of lines of credit or commercial, real estate, or personal loans.
- Oversee the flow of cash or financial instruments.
- Prepare financial or regulatory reports required by laws, regulations, or boards of directors.
Qualities - Head of Corporate Banking
- Customer and Personal Service — Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
- Economics and Accounting — Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
- English Language — Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
- Mathematics — Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
- Psychology — Knowledge of human behavior and performance; individual differences in ability, personality, and interests; learning and motivation; psychological research methods; and the assessment and treatment of behavioral and affective disorders.
- Active Listening — Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
- Reading Comprehension — Understanding written sentences and paragraphs in work related documents.
- Speaking — Talking to others to convey information effectively.
- Writing — Communicating effectively in writing as appropriate for the needs of the audience.
- Critical Thinking — Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Interests - Head of Corporate Banking
This occupation is typically suited for people with the following Career Interests:
Enterprising
Enterprising people like situations that involve using resources for personal or corporate economic gain. Such people may have an opportunistic frame of mind, and are drawn to commerce, trade and making deals. Some pursue sales and marketing occupations. Many will eventually end up owning their own business, or in management roles in larger organisations. They tend to be very goal-oriented and work best when focused on a target. Some have an entrepreneurial inclination.
Administrative
Administrative people are interested in work that offers security and a sense of being part of a larger process. They may be at their most productive under supervisors who give clear guidelines and while performing routine tasks in a methodical and reliable way.
They tend to enjoy clerical and most forms of office work, where they perform essential administrative duties. They often form the backbone of large and small organisations alike. They may enjoy being in charge of office filing systems, and using computers and other office equipment to keep things running smoothly. They usually like routine work hours and prefer comfortable indoor workplaces.
Social
The Social person's interests focus on interacting with the people in their environment. In all cases, the Social person enjoys the personal contact with other people in preference to the impersonal dealings with things, data and ideas found in other groups.
Many will seek out positions where there is direct contact with the public in some advisory role, whether a receptionist or a counsellor. Social people are motivated by an interest in different types of people and like diversity in their work environments. Many are drawn towards careers in the caring professions and social welfare area, whilst others prefer teaching and other 'informing' roles.
Entry - Head of Corporate Banking
This is a senior role which requires significant knowledge and experience. Many Corporate Banking leaders start their careers in client sales or customer service and then progress.
The most relevant degree subjects include business, management, accounts, commerce, and marketing. Increasingly sought is an engineering mindset. Although a degree may sometimes be required, experience and track record are often as important to an employer.
Training & Development Pathways
Training can also help you progress and there are both undergraduate and postgraduate courses in business and management which can support you in your career development.
FET Traineeships: Business Administration at NFQ level 5
FET Courses: These include courses from Level 3-6 Search FET Courses
FET PLC Courses: Business Management, Sales, Marketing, Commerce, and Accounting around Ireland at NFQ Levels 5-6. Search FET PLC Courses
Apprenticeship: Accounting, Financial services, and Sales Apprenticeships NFQ levels 6-8. Search Apprenticeships
Higher Education CAO Entry: Business, Commerce, Economics, Maths & Statistics, Accounts & Finance around Ireland at NFQ Levels 6-8 Search CAO courses
Postgraduate Study Options: Sales, Business, Accounts, Management, Financial advice at NFQ level 9
Professional Organisations Training or networking events:
International Financial Services Skillnet Network
Irish Banking & Payments federation
The 30% club: Growth Through Diversity
Last Updated: April, 2023
Pay & Salary - Head of Corporate Banking
Salary Range (thousands per year)* €70k - €180k
Salaries vary by employer, location, duties, role, and experience.
Data Source(s):
CPL / Sigmar/ Morgan McKinley/ Lincoln
Last Updated: August, 2024
* The lower figures typically reflect starting salaries. Higher salaries are awarded to those with greater experience and responsibility. Positions in Dublin sometimes command higher salaries.
View Salary information from Indeed.ie
Note: data not aways available
Labour Market Updates - Head of Corporate Banking
This information has been derived from the Solas National Skills Bulletin (2023).
Employment has grown annually for this occupation since 2019, resulting in an above average annual growth rate over the five-year period. Between quarter 4 2021 and quarter 4 2022, there was little growth in employment for the financial institution managers, with most of the growth relating to other financial managers/directors. Four-fifths of employment is concentrated in the financial activities sector. Although small in number, online job adverts grew by 7% in 2022.
Spotlight on Skills data points to a continuing demand for a range of financial related skills, including financial management, acumen, analysis and forecasting. Skills for financial managers, and in particular financial institution managers, are evolving with the changing nature of the financial sector, e.g. the impact of automation and digitalisation, the move to online banking and the transition to sustainable finance, with upskilling/reskilling likely to be a key requirement to meet future demand.
Useful Contacts - Head of Corporate Banking
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FSU Financial Services Union (former IBOA)
- Stephen Street Upper, Dublin 8, D08 DR9P
- (0)1 4755908
- [email protected]
- Click Here
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Barclays Bank Ireland
- 1 Molesworth Pl, Dublin, D02 WE52
- (01) 618 2600
- Click Here
