Many banks have had to stop new recruitment plans to cut costs as the Covid-19 epidemic has affected their operation. However, some other banks are still attracting talented persons.
Three out of the four state-owned banks including Commercial Joint Stock Bank for Foreign Trade of Vietnam (Vietcombank), Commercial Joint Stock Bank for Industry and Trade of Vietnam (VietinBank) and Commercial Joint Stock Bank for Investment and Development of Vietnam (BIDV) have continuously hired new staff to serve their strategic direction in the retail segment.
Accordingly, from the beginning of the year until now, VietinBank has carried out three consecutive recruitments with a scale of up to several hundred people each time. Most recently, VietinBank has announced to end the time for receiving applications on August 9th with nearly 200 vacancies in over 40 branches across the system. The positions are mainly tellers and credit staff.
Vietcombank and BIDV also have two large-scaled recruitments this year. In particular, BIDV has completed the recruitment process for the second phase in 2020 with 561 vacancies (for the positions of credit staff, accountants, personnel staff and information technology (IT) staff). The vacancies for credit staff position account for 85%, equivalent to 478 persons. Notably, BIDV is the area bank in the Big4 group that accepts degrees from college or higher.
In early May, Vietcombank also officially participated in the race to recruit personnel with the first phase recruitment scale reaching 353 vacancies, including 118 experienced professional staff, 207 inexperienced professional staff and 2828 direct business support staff.
In addition, recently, Vietcombank has continued to announce a second phase recruitment in 2020 with more than 330 vacancies for its branches. This recruitment campaign has completed two third of the rounds, including qualifying round, professional knowledge and English test. This large-scale recruitment activity is in line with the direction which Vietcombank begins to focus in this period, which is the exclusive distribution of FWD insurance.
Not only state-owned banks, most private joint stock banks such as Asia Commercial Joint Stock Bank (ACB), Vietnam Technological and Commercial Joint Stock Bank (Techcombank), Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank), Tien Phong Commercial Joint Stock Bank (TPBank), Military Commercial Joint Stock Bank (MBBank), Saigon Hanoi Commercial Joint Stock Bank (SHB), Export Import Commercial Joint Stock Bank (Eximbank), Southeast Asia Commercial Joint Stock Bank (SeABank), HCM City Development Commercial Joint Stock Bank (HDBank), etc. are also recruiting a large numbers employees for positions which do not require experience, mainly customer relations, tellers, customer service support, etc. All positions are widely recruited by banks in many provinces across the country.
For example, Techcombank is recruiting staff for 189 positions with thousands of vacancies. Vietnam Prosperity Commercial Joint Stock Bank (VPBank) is also seeking candidates for 172 positions, or Vietnam Public Joint Stock Commercial Bank (PVcomBank) is also hiring staff for 105 positions, etc.
The diversified recruitment needs welcome candidates not only from economics speciality but also technology major.
In addition, some banks even recruit interns or seasonal collaborators to expand the opportunities for undergraduates such as VPBank, Maritime Commercial Joint Stock Bank (MSB), Vietnam International Commercial Joint Stock Bank (VIB), etc.
In addition to the positions for new graduates, banks are also hunting for persons with high expertise and wide experience.
Banks such as SHB, VPBank, VIB, MSB, Viet A Commercial Joint Stock Bank (VietABank), etc. have all announced the recruitment of senior positions such as directors, department heads, senior specialists, etc. for their branches and transaction offices.
Particularly, on SHB’s recruitment website, nearly a quarter of the recruitment needs is senior management positions, such as Branch deputy director of Individual customer development, director of Finance Management Division, Head of Corporate Customer Department, Head of Appraisal Department, etc. Those positions all require at least one to two years of experience in an equivalent managerial position or five to seven years working in the field of expertise relevant to the job position applying for.
VPBank is recruiting more than 50 positions which require expertise and experience, such as director of Micro SME Customer Relations, director of FDI Client Relations, Head of Microenterprise Customer Department, etc. These positions are mostly recruited in the two major cities including Hanoi and HCM City.
Some banks are also sending out recruitment posts for many positions at the headquarters. For example, Eximbank, Lien Viet Post Commercial Joint Stock Bank (LienVietPostBank), PVcomBank, National Citizen Commercial Joint Stock Bank (NCB), etc. are seeking candidates for Risk Management Division, Product Division, Card Centre, Operations Division, etc. for the positions of Portfolio manager, Internal Control Auditor, Credit Product Deployment Officer, etc.
In addition, with the trend of developing digital banking in the 4.0 industrial era, IT is also a segment that many banks are recruiting, for the positions such as Programmer, IT Service Process Specialist, Network security Specialist, Application Administrator Specialist, etc.
It can be seen that the epidemic has had a significant impact on the business activities of the banking industry in recent time. The recruitment demand has thus slowed down and not yet shown signs of a strong resume. However, in the middle of the third quarter, many banks are still looking for candidates for business positions with the aim of racing against time to complete the assigned targets this year.
