Many banks are continuously sending recruitment notices in April with a number of vacancies ranging from employees, specialists to managers.
Facing with the impact of the Covid-19 pandemic, many people are concerned about the issue of personnel reduction in one of the most important service sectors of the economy banking. However, according to the survey results of banking industry, which was announced recently by the Forecasting and Statistics Department the State Bank of Vietnam (SBV), 62.5 percent of credit institutions are expected to increase the labour force for the whole year and only 8.7 percent of credit institutions plan to reduce the workforce. And in fact, even if the disease is not completely well controlled at the end of April, there are a number of banks announcing the recruitment of personnel with the level of dozens to hundreds of employees in various positions.
Big four plans to recruit large numbers
The focus of this week’s labour market is probably the announcement of Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) for the first concentrated recruitment in 2020 on April 18, taking place at more than 160 BIDV branches across the country, with the number of up to 753 targets for eight positions including specialist, customer management staff, risk management, general planning, credit management, tellers, accounting, human resources and information technology. The candidate profiles will be received from April 20 to May 3.
Earlier, in March, Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) also issued the first recruitment announcement of the year with 433 vacancies at 56 branches across the system, with positions such as corporate customer relations, retail relationship managers, tellers, and credit support.
Besides state-owned banks, private banks are also actively attracting talents, with particular emphasis on newly graduated students. For example, Vietnam Technological and Commercial Joint-Stock Bank (Techcombank), Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank), HCM City Development Joint Stock Commercial Bank (HDBank), Asia Commercial Joint Stock Bank (ACB), and Nam A Commercial Joint Stock Bank (Nam A Bank) are recruiting many positions that do not require experience such as customer relationship specialists, tellers, and consultants at the transaction office nationwide.
In addition, the hunt for final year students at the university has proved quite effective. At the present time, Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) and Military Commercial Joint Stock Bank (MB MBBank) are still implementing recruitment programmes for trainees and apprentices for individual customer relations, corporate customer relations, etc.
Along with the popular positions that are recruited by large numbers of banks, the positions that require expertise and experience are also recruited by many banks in specific locations nationwide.
In Hanoi, the banks such as MSB, PVcomBank, and HDBank all hunt for director of Customer Relationship (Individual and Business), in addition to senior specialist positions in many departments.
In HCM City, the banks such as Sai Gon Joint Stock Commercial Bank (SCB), Orient Commercial Joint Stock Bank (OCB), and MSB recruit many high-level positions, especially those at the headquarters. Specifically, SCB is recruiting positions for non-credit service product development specialists Headquarter, Branch manager, and Senior Customer Relations manager of HCM area.
OCB employs 61 positions in HCM City in its headquarters and business units. At the headquarters, senior product development specialists, head of card transaction control, and senior accounting are recruited. At business units there are vacancies such as the head of customer service, the director of the Transaction Office, and the director of Customer Relations.
In addition, job opportunities in highly specialised positions are hunted by banks in many provinces and cities across the country such as Hai Phong, Vung Tau, Da Nang, Quang Nam, Ninh Binh, Hue, and Quang Ngai.
As noted by us, the recruitment process of banks has some changes to ensure safety during the Covid-19 season. For example, at BIDV, normally every year there will be several rounds such as writing tests (knowledge, IQ, foreign languages,…) and interviews. However, the recruitment process for the first phase of this year is shortened to only two rounds, including profile type and interview. Some other banks, such as Asia Commercial Joint Stock Bank (ACB) or National Citizen Commercial Joint Stock Bank (NCB), have also announced the conduct of online interviews in order to limit face-to-face meetings.
In terms of recruitment conditions, the Big 4 group usually has a relatively high standard of screening candidates compared to the general premises. For example, this April recruitment period of BIDV, in addition to the specific criteria for each position, candidates must meet one of the following three conditions: (i) Graduated with excellent score at 07 major universities; (ii) Win prizes at the national and international examinations for study majors and researches suitable to the job requirements at the recruitment positions; (iii) Having at least three years of official working experience at domestic and foreign credit institutions.
Meanwhile, the recruitment requirements for candidates of the private banking group are softer and the first selection round is not too strict. Many banks only need college graduates, even some positions in banks only require intermediate or college degrees such as HDBank, Techcombank, MSB, and Nam A Bank. The test in some banks has been eliminated, just the interview. With the increasing average income and modern working environment, private commercial banks have been attracting a lot of potential candidates.
