How long does it take to be promoted to deputy director of the bank?

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The promotion path and time to the position of deputy director of the bank will not be fixed, depending on the starting position, professional capacity and determination of each individual.

The promotion path from an employee to a deputy director of the bank may be simple for one person, but full of thorns and difficulties for another. One thing is for sure, there is no shortcut if you want to advance to this senior leadership position, it requires a whole long process of gaining experience and constant efforts. So how long is that? Refer to the following article from Navigos Search to find out the answer.

1. How long does it take to be promoted to deputy director of the bank ?

The time and promotion path to the position of deputy director of the bank will be different according to each starting position, details as follow:

Starting as a credit officer 

Credit officers are people who find customers for the banks to support and give advice on loan forms for them. This position directly assesses the possibility of individuals and organizations to pay off the loan and answers questions during the process of contacting and signing a contract with the bank.

A credit officer usually gets paid a salary of 7-15 million VND/month and it varies according to the capacity and work efficiency delivered. Taking this position, you will have the opportunity to become a credit department manager, department head and move up to the position of deputy director of the bank. The promotion route that starts from the position of a credit officer is quite long, you must make a lot of effort and perseverance to succeed.

Credit officers need a long process to advance to the position of deputy director of the bank

Starting from the position of financial analyst

A financial analyst is a person who synthesizes, reports, analyzes information, trends, financial indicators and makes forecasts to build a good financial plan for a bank. The income of this position is about 10-15 million VND/month.

With continuous efforts, Financial Analysts will have the opportunity to become senior financial analysts, financial analysis team leaders, department heads, deputy director of the bank,... Besides years of experience, high expertise is also a factor to help you go further in the profession and quickly achieve the desired position.

Starting as a bank teller 

Tellers are the people who have the most contact with customers and are responsible for supporting and resolving customer requests at the bank. The average salary of a teller is about 6-9 million VND/month. Taking this position for a few years, you will have the opportunity to become a controller and continue to enrich your professional knowledge and experience, you can advance to deputy manager then aim to become deputy director of the bank.

Starting from Head of Transaction office position 

Head of the transaction office is the leader of this department, performing the managerial tasks including staff training, pushing KPI and work efficiency in the department as well as transaction services at the bank. Head of the banking transaction office usually gets paid a salary of 15-25 million VND/month.

Compared with credit officers, financial analysts and bank tellers, Head of the transaction office will have the shortest promotion route to the position of deputy director of the bank. For people with high professional capacity and extensive experience, it is possible that after only a few years, the opportunity to become deputy director of the bank is wide open.

3. Difficulties in promotion path 

Through the information shared above, you must have had an overview of the promotion path to the position of deputy director of the bank. However, the promotion time of each position to deputy director of the bank will vary depending on each individual. It also depends on factors such as professional qualifications, working capacity, level of work efficiency delivered,...

Lots of challenges to overcome on the advancement route

There are many people working in this industry who expect themselves to be promoted but do not really try, so they always stay where they are day after day and then become discouraged, just settling to do well at the assigned work. As a result, it is not possible to develop a career path. Therefore, if you persist in making constant efforts, getting this senior leadership position is sooner or later.

In addition, the bank also regularly rotates personnel between departments and branches, so the promotion process will also be changed. In particular, the banking environment is always highly competitive; however, to many newcomers who know how to seize good opportunities, they easily get promoted to the desired position. Therefore, if you are already in this profession and would like to develop a bright career for yourself, you must clearly identify your goals from the very beginning and constantly improve your capacity to become a deputy director or Director of the bank

2. Requirements to become deputy director of the bank

Once becoming deputy director of the bank, your responsibilities, duties and roles are crucial to the organization. Therefore, you need to have the following factors to handle this position:

High expertise 

You are the one who must be well-trained at universities with majors in Banking, Finance, Economics,... A leader needs both solid professional knowledge and extensive understanding of the industry. If you are only fluent in banking and finance, it will be difficult to solve the complex problems involved. Therefore, constant learning is an indispensable factor for the position of deputy director of the bank. The more you learn the better you handle the job.

Extensive experience 

Through the promotion route above, we see that it takes a long time to become a deputy director of the bank. Each of your decisions, orientations, and visions plays a very important role in the development of the bank. Therefore, if you do not have experience, it is very easy for the bank to fall into a risky and dangerous situation. At least, you must have worked in this industry for 5 years or more and achieved many outstanding achievements to be able to handle this leadership position.

Choose a starting position from a credit officer, financial analyst, teller, department head, etc. to equip yourself with solid experience and confidence when advancing to the leadership position of deputy director of the bank.

Requirements to advance to this leadership position

Skills and qualities

In addition to professional capacity and work experience, skills and qualities also contribute significantly to achieve this position. Specifically, the deputy director of the bank needs to possess leadership talent, withstand great pressure, grasp market trends and new technologies, analyze and predict accurately, solve problems thoroughly, etc.

4. The most effective channel to apply for the position of deputy director of the bank

Are you qualified to meet the job requirements of deputy director of the bank position? Are you ready to take the next big step in your career? Do not hesitate to send your CV to Navigos Search right away to become a potential candidate in our data source and be proactive in contacting, exchanging and consulting when there is suitable recruitment news.

Established in 2002, up to now, Navigos Search is considered as the leading high-level human resource recruitment agency in Vietnam. We have a team of experienced consultants with extensive knowledge in all fields of industry and a deep understanding of the value of human resources.

Based on a strict working process, capacity, experience and labor market situation, Navigos Search will advise candidates for the most suitable job position. After the candidate has been selected, the recruitment specialist will closely support the candidate in the process of preparing for the job and other relevant necessary stages. At the same time, the unit continues to accompany the candidate during the process of "success after achieving the dream job".

On average, each month, Navigos Search consultants interview more than 1,000 high-level candidates, bringing a lot of quality job opportunities to job seekers across Vietnam.

Not only is it a prestigious place to find mid-level and senior-level jobs, with a huge data of 375,000+ high-level candidate profiles and 85,000+ senior management level candidates;  optimal recruitment solutions are a great advantage that help Navigos Search "hunt talent" successfully in all fields of industry. We are proud to have supported and helped hundreds of thousands of businesses and corporations get the best quality human resources.

Navigos Search - Vietnam's leading middle and high-level talent hunting company

Right now, if you are cherishing the dream of becoming a deputy director of the bank or any other mid-level or high-level job position or there are recruiting demands at the business you are working for, please quickly contact us. Navigos Search. We are always working tirelessly to support potential candidates and businesses to reach their dreams through the number 1 professional recruitment service in Vietnam!

Navigos Search - Vietnam's leading middle and high-level talent hunting company

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