Unoffical Guide to Banking

THE

UNOFFICIAL

GUIDE TO

BANKING

What career options are available? Are the

myths about the hours or salary really true?

And how do you get a foot in the door?

This straightforward, no-nonsense guide

has info on most divisions and roles plus

tips on getting hired. What’s more, it’s all

been written with the help of recent

graduates working at Deutsche Bank who

were in your shoes not that long ago.

Your career in banking starts here.

OVERVIEW OF BANKING

Banks are large, complex organizations, but what

do they do exactly?

01

There are four broad categories of banking:

Put simply, they provide services for those who

want to borrow, lend and invest. Their clients

range from individuals and institutions, all the

way up to the governments and central banks

of entire countries.

Retail Banking –

dealing directly with small

businesses and individuals

Banks must be ready to act on changes in the

market triggered by anything from movements in

the political climate, the financial climate or even

the weather. So it’s vital that you’re able to adapt

to change, whatever your role or the area you

work in.

Commercial

or Corporate Banking –

offering banking facilities to

medium-to-large businesses

Private Banking –

a one-to-one service

for rich individuals

Investment Banking –

generally related to

helping clients raise capital,

often by investing in the

financial markets.

Banking offers a vast range of career

options. We’ve grouped them into 12 areas

encompassing typical divisions like Sales &

Trading as well as Human Resources,

Technology and Risk.

With the right introduction to this complex and

rewarding industry you could find yourself in a

dream job surprisingly quickly. This document

will get you started.

MYTH

OR ?

REALITY

There are many assumptions about what

it’s like working in banking. Often people

have preconceived ideas about the culture,

type of work and people. Some of these are

based on...