StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

International Bank - Essay Example

Cite this document
Summary
The paper "International Bank" tells us about a financial entity that offers financial services, such as payment accounts and lending opportunities, to foreign clients. These foreign clients can be individuals and companies, though every international bank has its own policies outlining with whom they do business…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.7% of users find it useful
International Bank
Read Text Preview

Extract of sample "International Bank"

Chosen Candidate: F.C.

Candidate F.C. is my selected candidate for the supervising position because she has the core characteristics required for the position. Her conscientious behavior will be expected to screen the loan officers and safeguard the bank from further establishing risky financial arrangements. Moreover, F.C. has a balanced combination of interpersonal skills, as expected of an extravert, and impersonal behavior. While her interpersonal skills ensure that she is capable of effectively coordinating the bank’s loan policies with the loan officers, her impersonal behavior allows her to be wary of the loan officers’ flaws or risk potentials. With this combination of traits, F.C. will be perceived by her subordinates as highly professional and a less emotionally-attached supervisor. With the probable high esteem perceived by these loan officers, they are being sent a clear and firm directive that this boss ‘means serious business.’ Thus, F.C.’s work characteristics will positively impact the subordinate loan officers’ behavior through the reinforcement of discipline and due diligence.

Selection Criteria

To aid me in deciding which candidate is best for the position, I may require invaluable information about the candidate’s capacity to solicit and rationalize the subordinate’s responses to the bank’s organizational approaches. This capacity is important because an understanding of the subordinates’ behavior is the primary key in formulating solutions to work problems like selling loans to low credit-worthy clients to reach or exceed the allotted quota or lowering the set standards to accommodate all types of clients.  

Another criterion for judging the candidate’s suitability for the position is the capability to enforce individual accountability among the subordinate loan officers. The lack of such accountability may be the probable culprit behind the loan officers’ reckless exposure of the bank to financial risks. Moreover, the bank evidently fails or has a considerable lapse in enforcing accountability to these loan officers (else there would be no financial bath). The candidate who possesses such enforcing capacity and serves as a model of accountability has the potential to further and reinforce the bank’s risk-mitigating measures. 

Personality Assessment

For this particular supervisory position, personality assessment should be given as much weight as the technical qualifications. This is because technical tasks are difficult to delegate or coordinate without a healthy framework of soft skills. Moreover, decisions and actions are heavily backed by personal traits, apart from organizational aspects; the bank could use these personality assessments to pinpoint which traits will be likely to reinforce the organizational outputs (embedded in decisions and actions). In other words, to ensure that the entrant candidate’s binding personality is highly compatible with the bank’s, a personality assessment could provide verifiable facts and significant insights. Predicting the candidate's suitability and expectancy to conform according to the supervisor’s role can become easy, organized, standardized, and highly accurate through these personality tests. Ultimately, the candidate’s suitability is determined upon deployment of the vacant post. It is important to recognize that personality tests or assessments are only capable of providing a part and not the whole, bigger picture of the candidate’s job suitability. A complete and balanced assessment still remains to be the most effective indicator of job compatibility.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“International Bank Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1589600-international-bank
(International Bank Essay Example | Topics and Well Written Essays - 500 Words)
https://studentshare.org/miscellaneous/1589600-international-bank.
“International Bank Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/miscellaneous/1589600-international-bank.
  • Cited: 0 times

CHECK THESE SAMPLES OF International Bank

Economic Crime and Collapse of Franklin National Bank

The case study "Economic Crime and Collapse of Franklin National bank" states that The year 1974 was a year that had the most or worst financial disasters in the United States.... The failure of Franklin National bank in 1974 was a great shock.... nbsp;… The old story of bank failures still continues in the US.... The failure of the Washington Mutual bank in 2008 was the largest banking failure in US banking history.... nbsp; The failure of the bank invited changes in the existing banking regulations as well as practice....
8 Pages (2000 words) Case Study

The Inquiries Presented to P&P Consulting

This paper "The Inquiries Presented to P&P Consulting" focuses on the fact that P&P Consulting was called by the management of the XYZ bank regarding the problems faced by the claimants due to non-transparent environment of the bank in practising independent investigation of the claimants' cases.... P&P Consulting made a survey related to the business operations of XYZ bank before fixing an appointment with the stakeholders.... nbsp; It was found that only one project for development was being investigated by the XYZ bank....
7 Pages (1750 words) Case Study

Foreign investment decisions

One of the major considerations in terms of the movement of money from industrialized nations into emerging markets occurs in actions that are being undertaken by the International Bank.... In these regards, it's noted that, “To fund development projects in member countries,… ld Bank bonds are issued by the International Bank for Reconstruction and Development (IBRD) in the international capital markets” ("Bonds and investment," 2011).... Within this context of understanding it's clear that money is making it to emerging markets. Another major Foreign Investment Decisions Q1 One of the major considerations in terms of the movement of money from industrialized nations into emerging markets occurs in actions that are being undertaken by the International Bank....
1 Pages (250 words) Essay

Components of the Domestic and Foreign Environment of Simon Property Group

The author of the paper focuses on analyzing the various components of domestic and foreign environment of the company and their impacts.... Simon Property Group is an American commercial real estate organization that is listed in the New York Stock Exchange.... hellip; The most appropriate tool for analyzing the domestic environment of a business is PESTLE analysis, which stands for Political Economic, Social, Technological, Legal and Environmental aspects of the analysis....
7 Pages (1750 words) Case Study

Bretton Woods international monetary system

The other institution that was brought into existence during the conference was the International Bank for Reconstruction and Development.... The International Bank for Reconstruction and Development is what is modernly referred to as the World Bank Group.... The International Bank for Reconstruction and Development was charged with the responsibility of giving financial help to member countries so that they could have an easy time as they rebuild after the World War II....
2 Pages (500 words) Essay

Commercial and investment banking

International Bank challenges.... The more subsidiaries a bank have the higher the cost of monitoring and regulation.... thwarted on new bank.... bank for international settlement.... om/international-bank-challenges/610386.... rg/commentary/getting-bank-culture-right-by-jean-claude-trichet-2015-09... There is increasing cost of compliance in the international market placing small banks at higher risk of losing its assets to the host government....
1 Pages (250 words) Essay

Non-Governmental Organisations

The World bank divides them into three groups: Community-Based Organisations (CBOs), whose main purpose is to serve a specific population in a small area, National organizations, which are active in developing countries; and International organizations, which are based on developed countries and perform operations in developing countries.... World bank Criteria: NGO World bank Collaboration).... In the 1970s and 80s, World bank mainly associated with international NGOs to carry out the developmental work in third world countries but recently there are lots of changes that have taken place in World bank policies....
9 Pages (2250 words) Case Study

Information Technology Infrastructure Investment: Dubai Islamic Bank

"Information Technology Infrastructure Investment: Dubai Islamic bank" paper argues that the bank should realize that its IT expenditure is going to give it a headway in the quest of becoming a frontrunner in the field of banking, however, it will be left on the management to adopt better practices.... hellip; Dubai Islamic bank plans to open up 10 new branches in 2009.... It has offshore branches in Pakistan and the bank underwent a major rebranding exercise in 2006 where it adopted its new, easy to spot, green and yellow logo....
9 Pages (2250 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us