Thursday, January 9, 2020

Job opportunities in BFSI Segment !!

BFSI: Banking Financial Services and Insurance : As per Team Lease Services recent report BFSI sector will offer more than 9 lakh jobs in coming days. Which means there are ample opportunities for those who are having skills for this sector. Now we should understand the sector specific and what skill set is required.

In my earlier write up I have discussed about Banking sector. Normally most of job seekers has little bit idea about Banking sector as they or their family members using the services of this industry by way of Bank account. But most of the people has little knowledge about Financial Services sector , yes obviously Banks are also part of this sector.

Most of Banking companies are offering Financial Services through their group companies.Some of Financial Services products are Securities Market (Eq. Share, Debenture ,Bonds etc.) Mutual Fund , Insurance, Investment Banking,Merchant Banking are few of them. Below are group companies offering various products of HDFC Group:

HDFC Ltd : Primary business of this company is to offer Housing Loans to real estate sector.

HDFC Bank Ltd: It offers banking services whose primary business is to accept deposits from public and advancing loan according to the need of people.

HDFC Securities Ltd: This company primarily involve in Stock Broking activities. They are the member of Stock Exchanges . It also offers DEMAT account to the investor.

HDFC Asset Management Company Ltd : This company offers various Mutual Fund scheme to the investor.

HDFC Life Insurance Company Ltd : Insurance is a product which protect individuals life and assets from any kind of risk. HDFC Life specially involved in offering Life insurances.

These are few companies in HDFC group which are offering BFSI products.

Every company need some specific skill for their employee. Some of them needs NISM certificates also.

In my next blog will share how many type of NISM certifications available and how you can clear those certificates to get job in Banking, Financial Services and Insurance sector.

Share your feedback so that I can provide you specific knowledge which will help you.

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