Answers to Questions

Q&A
  1. What products/services do you provide?
    • Checking
    • Savings
    • Long Term Investment
    • Investing Products 
    • Retirement 
    • They're essentially just another bank.
  2. What are the positions and hierarchy of the positions (in this retail branch)?
    • Manager of Branch 
    • 2 Service Managers (Manage tellers)
    • 2 Lead tellers (Jr. Supervisors)
    • Regular Teller
    • Assistant manager
    • bankers
  3. What are the basic requirements needed for each position?
    • The basic requirement for a bank teller and/or branch manager is primarily customer service. 
      • Wells Fargo makes sure that each customer leaves the building with the best customer service possible. 
    • Handling cash and being able to correctly exchange currency is also another skill that each teller needs to have.
  4. What are the duties, work hours, and pay for each position?
    • Teller's except deposits, cash checks, and provide costumer service. They can work part time or full time, and they make $11.50 an hour.
    • Bankers are full time workers and make 33,000 a year. Bankers manage and coach teams of people. They  represent the bank, and also open and close the branch daily. 
  5. Do you hire part time jobs and/or internships?
    • They hire part timers for tellers
    • They don't have internships
  6. How long does it take to get to a high position?
    • Starting off as a teller, Troy was promoted to manager within a few years of his employment. Since the bank provided him basic training and even some advanced stuff for free and him getting a college degree didn't hurt either
    • It doesn't take long to work your way up the latter if you have a good work ethic and are a valuable member to the team.
  7. What is the code of ethics for the job?
    • Code of ethics are very important and include:
      • Fitting the needs of the customer no matter what, even if you do not get a sale for that day
      • Be professional and have professional manners
      • Be respectful
      • There is an ethics hotline for employees to call if they have any problems with other coworkers during the day
    • What are some daily problems that may occur?
      • The main problem that may occur within the bank is customer service related issues. A lot of the bank's duties are hands on which makes all of the problems customer related. 
      • There is a written set of guidelines that helps the tellers to avoid those problematic situations.
    • What education/degree is needed for the job?
      • You can get a job at a bank with just a high school diploma. If one does get a degree in college it could make you look better. Although education is a big part, banks mainly look at experience. 
    • Describe a typical day for an employee.
      • The manager gets there at 8 a.m.
      • The other workers get there at 8:30 a.m and they have a meeting
        • In the meeting they talk about their goals for the day
          • Their goals would include:
            • Opening at least 9 checking accounts a day
            • Making 42 solutions a day
            • Make $2500 a day from opening new products and selling services
      • The meeting takes about 20 minutes then they open at 9 a.m.

    No comments:

    Post a Comment