Banking technologies and processes

If someone could compile a popularity rating of professions in the course of human history, the profession of bankers along with diplomats, doctors and lawyers would probably occupy one of the leading positions.

Some people may think that the work in a bank is boring, dull, formal, dealing only with faceless numbers. However, bankers work primarily with people, and only then with the money and numbers! Therefore, the element of creativity, intuitive approach to performing their functions is very important in the activity of bankers. A live communication and the diversity of customer characteristics require from banker a combination of intelligence and desire to succeed in this complex business.

The title of "professional banker" is as honorable as the title of "professional metallurgist" or "professional builder". It is the banking sector that creates the material basis for social development, contributes to the realization of state policies. The important factors that contribute to the banking success are: fundamental professional education, acquisition of knowledge and skills in the financial sphere. Equally important is the understanding of business communication and methods of its realization.

State higher educational institution "the Ukrainian Academy of Banking of the National Bank of Ukraine" offers its students a reliable theoretical foundation and a sound guarantee of the future jobs in the banking sector.

    A specialist in "Banking" has the following abilities and skills:
  • ability to use the modern methods of analysis, which allow to show the real state and tendencies of bank development;
  • ability to carry out the financial observation of the markets and assess the dynamics of the market conditions;
  • ability to assess the adequacy of capital depending on the existing risks, use the practical methods of planning the needs in ownership capital and choose the optimal sources for its growth;
  • bility to determine the optimal dividend policy, which is adequate to the chosen strategy of bank’s development and its operative plans;
  • ability to organize the issue and placement of ordinary and preferred shares according to the requirements of the current legislation;
  • ability to plan and organize the issue of securities, certificates of deposits and saving certificates;
  • ability to determine the optimal resource policy of banks, organize activities for mobilizing resources from deposit and non-deposit sources, payment of rewards to creditors and depositors;
  • ability to develop an efficient system for determining the value of bank resources and planning the needs in resources;
  • ability to determine the optimal structure of banking assets considering the needs in ensuring the profitability and liquidity of banks, timely introduction of new banking products;
  • ability to determine the optimal structure of primary and secondary bank reserves, forecast the needs in cash balance and organize settlement and cash services;
  • ability to determine the sources to cover the deficit of liquidity and areas for investment of temporarily free funds;
  • ability to determine the optimal investment strategy and tactic according to banks’ development strategies, their investment objectives and operative plans;
  • ability to determine the priority for securities and choose the best methods for assessing the profitability and the level of securities’ risks, predict the economic consequences of investments;
  • ability to determine the criteria for the assessment of organizational structure and evaluate the efficiency of the existing organizational structure;
  • ability to determine the efficiency criteria of territorial and functional structural divisions;
  • ability to operate in the contemporary information environment, possess the skills for the search of important scientific information, have the technique of quick reading and absorbing vast amounts of information from scientific publications;
  • ability to develop the optimal strategy of banking activity depending on banks’ specialization, its financial state, market position and competitive environment;
  • possession of techniques for developing operational plans of bank’s activity, making business and financial plans of banks;
  • possession of techniques for developing regulatory banking documents (strategy, policy, statute, procedures);
  • ability to organize correspondent relationships with other banks, manage “loro” and “nostro” accounts;
  • ability to rationally organize the process of banking risks management, determine the optimal methods to manage credit, interest rate, currency and other banking risks;
  • ability to ensure the observance of the current legislation and banking supervision requirements;
  • possession of accounting procedures within financial accounting of banking operations, methods for the preparation and interpretation of the main financial reports;
  • ability to perform the responsibilities of an assistant at higher educational institutions of the III-IV levels of accreditation;
  • ability to teach economic disciplines at higher educational institutions of the І-II levels of accreditation;
  • ability to develop curricula, syllabi, lecture plans and texts, tests, assignments, examination cards in economic disciplines at higher educational institutions of the -II levels of accreditation;
  • ability to accumulate, select and systematize analytical information, to catalogue scientific publications, write scientific reviews, summaries, memoranda on certain topics of scientific research under the supervision of experienced researchers;
  • ability to analyze and model the influence of foreign exchange rates on the financial activity of traders on internal and external markets;
  • ability to use modern information systems in the areas of finance, accounting and banking, perform the machine processing of accounting information;
  • ability to study the market, asses its conjuncture, develop the tactic of marketing;
  • ability to manage bank personnel, carry out the selection and training of employees;
  • ability to represent an institution in business relations with other banks, companies and foreign partners;
  • ability to ensure the observance of service techniques, labour protection, safety rules and environment protection;
  • ability to use the knowledge and practical skills in banking, accounting and audit in banks, for the analysis of banking activity in order to determine the efficiency of bank’s activity management and the management of banking risks;
  • ability to carry out the economic analysis of the efficiency of managerial decisions regarding the resources of banks, credit and investment portfolios, financial results, liquidity and banking risks;
  • ability to develop the optimal strategy of banking activity depending on banks’ specialization, its financial state, market position and competitive environment.

    A specialist in "Banking" possesses:
  • modern conception of the fundamental problems of theory and practice in the area of finance, money turnover, lending and payments;
  • modern conception of the methodology of accounting in banks, analysis of banking activity, control and audit in banks;
  • modern conception of the scientific foundations of bank management, methods of making managerial decisions, basics of operational and financial management;
  • basic conception of banks’ organizational structure;
  • basic understanding about the methods of managing the credit and investment activity of banks;
  • in-depth knowledge about the requirements of banking supervision;
  • basic understanding about the methodology, techniques and organization of marketing researches at banks;
  • basic understanding about the psychological and pedagogical approaches in the management of personnel.