Banking

The salary range of employees working in Burkina Faso in Banking typically ranges from 1,390,080 CFA (low salaries) to 6,474,876 CFA (highest average, actual salaries may be even higher)

This is the total annual salary including bonuses. Salaries can vary drastically among different job positions. If you are interested in the salary of a particular job, please choose it from the list.

List of positions in the Banking category and their job descriptions

Account Manager

• Develop and maintain strong relationships with clients to understand their financial needs and objectives.
• Serve as the primary point of contact for clients, addressing inquiries and providing tailored solutions.
• Collaborate with internal teams to deliver exceptional service and support to clients.
• Analyze client portfolios and recommend appropriate banking products and services to enhance their financial growth.
• Monitor client accounts to ensure compliance with banking regulations and policies.
• Prepare and present financial reports and performance reviews to clients, highlighting key metrics and trends.
• Identify opportunities for cross-selling and upselling banking services to existing clients.
• Conduct regular follow-ups to ensure client satisfaction and retention.
• Stay updated on industry trends and market developments to provide informed advice to clients.
• Participate in networking events and client meetings to expand the client base and enhance the bank's visibility.

804,480 - 4,984,188 CFA

Back Office Specialist

• Processing of all types of client requests.
• Entering and updating the information in the bank information system.
• Drawing up and processing of contracts and contract amendments for individual banking products.
• Archiving documents in compliance with the internal regulations.
• Mastering internal regulations, general business terms and conditions, and business conditions for individual banking products.
• Communicating with internal and external clients.

1,772,916 - 5,226,132 CFA

Card Services Clerk

• Processing applications for the issuance of credit and debit cards.
• Communicating with companies issuing credit cards and bank branches.
• Participating in the creation and updating of internal regulations.
• Cooperating with project managers on new projects.
• Solving complaints.
• Assessing the suitability of motives on credit cards in your own design.

1,758,396 - 4,892,796 CFA

Claims Administrator

• Recovering overdue receivables from the customers of a leasing company.
• Registering and controlling overdue receivables.
• Processing and sending written and e-mail reminders.
• Communicating with debtors and other departments within the company.
• Planning repayment schedules in the event of the insolvency of debtors.
• Registering and checking payments in the system.
• Preparing materials for the legal department.

1,671,960 - 4,140,792 CFA

Client officer

• Active sale of bank products and of services to retail clients.
• Opening and closing of bank accounts.
• Realization of domestic and international wire transfers.
• Accepting and issuing of cash in domestic and foreign currency.
• Providing clients with counseling and information.
• Carrying out administrative tasks connected with the provided services.
• Fulfilling of the set business and acquisition plans.

1,459,068 - 3,865,920 CFA

Compliance Specialist

• Assessing the legality of the bank's entrepreneurial activity.
• Monitoring the legislative standards and requirements of organs of supervision that are valid in the place of the bank's activity.
• Identifying the risks in the legislation and/or internal procedures.
• Point out the potential risks to the superiors.

2,716,452 - 6,438,648 CFA

Custody Specialist

• Securing the administration and custody of securities for clients.
• Keeping clients informed about corporate shares concerning the administrated securities.
• Carrying out operations with securities on the basis of clients' orders.
• Calculation and control of the current value of securities in the administration of the bank.
• Paying returns from securities.
• Representing clients and their interests at general assemblies.

Dealer/Trader

• Purchase, keeping and sale of securities, commodities and foreign currencies in the currency of the clients and/or on the account of the bank.
• Monitoring and verifying prices of the financial tools at the security exchange.
• Following and analyzing the development on financial markets.
• Exchanging information with colleagues and clients.
• Preparing financial reports.

2,042,484 - 4,942,668 CFA

Loan Specialist

• Providing advice connected to consumer, mortgage, and commercial loans.
• Evaluating client creditworthiness pursuant to the lending policy at the financial institution.
• Concluding loan contracts on behalf of the financial institution.
• Checking the payment of instalments and the fulfilment of conditions agreed in the loan agreement.
• Adjusting deadlines and monthly instalments, loan maturity, etc. in the event that a client is temporarily unable to make payments.
• Contacting competing financial institutions with proposals for co-financing higher-cost investment projects.
• Cooperating with executors and external companies that deal with the collection of receivables.

1,971,648 - 5,141,868 CFA

Mortgage Specialist

• Providing advice to clients regarding mortgage products and services.
• Communicating with real estate agencies, building investors, authorities and other entities.
• Acquiring potential clients.
• Processing and assessing customers’ requests for mortgage loans.
• Performing administrative tasks associated with the provision of mortgage loans.
• Concluding mortgage loan agreements.

1,964,652 - 4,824,600 CFA

Payments Clerk

• Processing payments, including deposits, withdrawals, and fund transfers.
• Cashing checks and accepting loan payments while ensuring accuracy in transactions.
• Completing necessary forms for loan approvals and other banking services.
• Buying and selling foreign currency as required.
• Verifying account details, bank names, transaction amounts, and the accuracy of completed documents.
• Ensuring compliance with identification verification procedures for clients receiving services.
• Assisting customers with inquiries and providing information on banking products and services.
• Maintaining accurate records of all transactions and customer interactions.
• Collaborating with team members to enhance service delivery and operational efficiency.
• Adhering to banking regulations and internal policies to mitigate risks and ensure security.

1,807,440 - 4,251,984 CFA

Personal Banker

• Taking care of the assigned portfolio at the bank branch.
• Creating and developing business relations with clients .
• Presentation and sale of bank products and services.
• Fulfilling of the set personal business plan.
• Taking part in fulfilling the financial and campaign plan.

1,742,808 - 7,373,940 CFA

Private Banker

• Managing liquid assets, stocks, bonds and real estate of highly creditworthy bank clients.
• Seeking out potential clients and their acquisition within their area of operation.
• Detecting the individual requirements and objectives of clients with the intention to propose the optimal investment solution for the appreciation of their property.
• Communicating with experts in asset management, real estate, lawyers etc.
• Providing advice in the investment and real estate area.
• Handling the special requirements of clients (e.g. booking tickets for an event, providing private jet transportation, etc.).

2,415,048 - 6,219,156 CFA

Product Manager - Specialist

• Developing the new and innovating the existing bank products and services.
• Monitoring and analyzing the competitive environment.
• Following the fulfilling of goals in the area of product profitability.
• Taking part in creating and setting the processes connected with products.
• Directing and training new employees.
• Analyzing and solving arisen operating problems.
• Cooperating with other departments of the bank.

2,657,652 - 7,691,472 CFA

Relationship Manager

• Presenting and selling banking products and services to company clients.
• Monitoring the market and competitors' activities within the assigned region.
• Finding new clients.
• Creating and developing business relationships with company clients.
• Performing one's prescribed personal business plan.
• Participating in performing financial and campaign plans.
• Keeping records and the database of clients.

2,394,740 - 6,063,278 CFA

Risk Specialist

• Identifying credit, market, operational, strategic and liquidity risks potentially threatening the assets and cash flow of the bank.
• Developing methodology for measuring individual types of risks.
• Designing and analysing measures to prevent risks.
• Designing solutions to cover damage in case of risks.
• Using external registers (e.g. credit register, register of Social Security debtors, etc.) in assessing risks.
• Cooperating with product and project managers, underwriters and other bank departments.

2,482,212 - 6,939,696 CFA

Seller of Bank Services, Loan Officer

• Monitoring cash flow in the branch's cash register and vault, ensuring accurate records of deposited and withdrawn funds.
• Verifying issued and received checks, maintaining comprehensive knowledge of all bank services and products, including loan types and savings options.
• Assisting tellers at the counter by providing accurate information to clients regarding banking services.
• Completing standard contracts for various types of loans, ensuring proper usage of loan funds, calculating and collecting interest on loans.
• Opening and managing accounts for both domestic and foreign clients, addressing complaints and correspondence, and maintaining organized records.
• Collecting and managing documentation, preparing analytical and statistical bases for report creation, and generating simple reports related to job responsibilities.
• Receiving and transmitting messages through fax and email, ensuring efficient communication within the bank.
• Building and maintaining strong relationships with clients to enhance customer satisfaction and loyalty.
• Staying informed about market trends and regulatory changes to provide accurate advice and guidance to clients.
• Collaborating with other departments to facilitate seamless service delivery and support the overall objectives of the bank.

1,790,364 - 3,774,492 CFA

Stock Broker

• Making business transactions with clients.
• Searching for potential clients.
• Communicating with clients with the purpose of securing their needs.
• Communicating with dealers/traders about the details of the business transaction.
• Addressing clients on the phone with investment offers.
• Providing clients with counseling in the area of investment.

2,400,732 - 6,237,504 CFA

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