As usual, every year after the Lunar New Year Holiday, banks will massively recruit for personnel. Among the recruited positions, most banks seek for relations managers, also known as “sale persons”.
On 25th February, Saigon Thuong Tin Joint Stock Commercial Bank (Sacombank) announced to recruit 800 new staff for transaction offices and branches nationwide. The positions to be recruited this time are individual and corporate customer relationship managers, consultants and tellers. In which, Sacombank recruited nearly 100 employees working at four branches at provinces of Thai Binh, Ninh Binh, Nam Dinh and Lao Cai with titles of individual/corporate customer relationship managers, risk control, teller, security guards, etc.
The criteria for candidates include graduated from university major in economics for the title of corporate customer relationship manager, graduated from college for the title of individual customer relationship manager, consultant; candidates with experience in financebanking, sales, marketing, credit have priority.
Earlier, leaders of Nam A Joint Stock Commercial Bank (Nam A Bank) said that this year the bank can recruit up to 500-700 staff to serve the new open offices in the network after the State Bank of Vietnam (SBV) approved for this bank to open five more branches and 30 transaction offices throughout the country since October 2018 to October 2019. The bank is also in the process of hiring employees for transaction offices in An Giang, Tien Giang, Lam Dong, Quang Ninh, Dak Nong, Long An, Ba Ria Vung Tau, HCM City, at the same time recruiting hundreds of trainees to select the best personnel to be permanent staff. Tran Ngoc Tam, general director of Nam A Bank once shared that in 2018, the bank increased salary for its employees twice, in addition, awarded the highest Tet bonus ever in the bank.
Meanwhile, Vietnam International Joint Stock Commercial Bank (VIB) also has a whole recruitment programme with remuneration and the “self-introduction” of being the bank with the most creative environment along with the highest salary up to nearly 100 million dong per month. In order to launch the 2019 “recruitment” programme, the bank announced a plan to find candidates for more than 250 positions last week, working in Hanoi, HCM City and nearly 30 provinces and cities where VIB has branches nationwide.
According to a leader of VIB, the reason for finding a lot of personnel right from the beginning of the year is that some branches of the bank moved to new locations with more potential customers and wider space, so the bank need more personnel to promote business. Besides, VIB is also focusing on insurance, so most of the new employees will be assigned to this segment.
In other banks such as Vietnam Technological and Commercial Joint Stock Bank (Techcombank), Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), Hochiminh City Development Joint Stock Commercial Bank (HDBank), etc., the campaign “hunting people” is also being carried out aggressively with the scale of several dozen people to hundreds of people for transaction points nationwide.
According to officials in charge of recruitment, the strong recruitment of the bank at the end of the first quarter has seasonal factors. The first is that a lot of people “job jump” on this occasion, when remuneration regimes after one year of hard work have been paid on the Lunar New Year occasion, or any banks has not finalised yet in the Tet holiday will complete in the first quarter of 2019, so those who wish to change the working environment often resign after their effort in one year has been paid back. The second is February and March is the time when many students of economic and banking universities graduate, so banks are also taking advantage of the recruitment to “get” the talent most quickly. Thirdly, this is the time when banks have finalised their business plans for the whole year so they will try to recruit to start the “race” with the time for the targets assigned.
In addition to seasonal factors, as mentioned, banks have recently been expanding their network quite strongly together with deploying new business activities, so the demand for human resources is growing. In a recent survey by the SBV’s Statistical Forecasting Department, in 2019, it is expected that more than 76.7 percent of credit institutions have plan to recruit more personnel.
Earlier in 2018, our survey of more than 20 banks disclosed financial statements showing that the total staff of banks (including subsidiaries) increased by nearly 17,000 people, equivalent to the increase of more than eight percent compared to the end of 2017. Among them, the three most recruited banks are Vietnam Prosperity Joint Stock Commercial Bank (VPBank) (more than 3,600 people), followed by Orient Commercial Joint Stock Bank (OCB) (more than 2,500 people) and Military Commercial Joint Stock Bank (MB) (more than 2,100 people). Some other banks also employ thousands of people such as Saigon-Hanoi Joint Stock Commercial Bank (SHB), Vietcombank, Techcombank or LienViet Post Joint Stock Commercial Bank (Lienviet Post Bank).
