The typical commercial bank provides a variety of financial services and advice to their customers, who consist of individuals and organizations. Examples of large commercial banks are Bank of America Corp., J.P. Morgan Chase and Co., Citigroup and Wells Fargo and Company.
(b) What can I do in a Commercial bank?
i. Credit Analyst-As a credit analyst, your responsibility will be to evaluate the credit worthiness of customers seeking loans. In other words, you determine if an individual/organization is financially stable to repay its debts. Hence, you play an important role as the decision to approve a loan depends solely on your analysis of the customer’s financial background. In order to make this important decision, you will examine the customer’s statutory accounts, statements and budgeted cash flows. If you intend to pursue this role, you should have sound interpersonal skills, an analytical frame of mind and the ability to make solid decisions based on financial evidence.
