The banking sector in Myanmar is currently evolving from a traditional system to a more digitalized banking system. These banking job opportunities in Myanmar offers encouraging bonuses, competitive salaries and a well structured working environment with strong emphasis on training and career development.
Banks like KBZ bank, CB bank, AYA bank and Yoma bank are top employers of staff for both entry level role and senior or specialist level roles such as credit Analysis, risk management, compliance and relationship management.
These banks and financial institutions in Myanmar are looking for staff who have proficiency in financial analysis, Microsoft Office Suite, and English language skills. Also having an interpersonal skills, problem-solving abilities, and a strong understanding of regulatory compliance are highly valued.
To work in Myanmar banks, you must have meet all the educational qualifications and have relevant certificate. In this article we will be looking at the basic Qualification and requirements, Banking job positions and how to apply for banking job vacancies in Myanmar.
Latest Banking Jobs Available
The current Banking Jobs in Myanmar are listed below:
1. Data Analytics Manager
- Employer: Capital Diamond Star Group (CDSG)
- Location: Dagon, Yangon
- Experience level: Manager
- Job Function: IT Hardware, Software
- Job Industry: Banking, Insurance, and Microfinance
- Min Education Level: Bachelor Degree
- Job Type: Full Time
2. Data Engineer
- Employer: Capital Diamond Star Group (CDSG)
- Location: Dagon, Yangon
- Experience level: Experienced Non-Manager
- Job Function: IT Hardware, Software
- Job Industry: Banking, Insurance and Microfinance
- Min Education Level: Bachelor Degree
- Job Type: Full Time
3. Marketing Business Partner
- Employer: KBZ Bank
- Location: Bahan, Yangon
- Experience level: Experienced Non-Manager
- Job Function: Marketing, Media, Creative
- Job Industry: Banking, Insurance, and Microfinance
- Min Education Level: Bachelor Degree
- Job Type: Full Time
4. IT Application Support Officer
- Employer: LOLC Myanmar
- Location: Tamwe, Yangon
- Experience level: Experienced Non-Manager
- Job Function: IT Hardware, Software
- Job Industry: Banking, Insurance and Microfinance
- Min Education Level: Bachelor Degree
- Job Type: Full Time
5. Digital Sales Manager (Yangon)
- Employer: KBZ Bank
- Location: Mingalartaungnyunt, Yangon
- Experience level: Experienced Non-Manager
- Job Function: Sales, Business Development
- Job Industry: Banking, Insurance and Microfinance
- Min Education Level: Bachelor Degree
- Job Type: Full Time
6. Project and Inspection Officer
- Employer: Myanmar Oriental Bank (MOB Bank)
- Location: Kyauktada, Yangon
- Experience level: Manager
- Job Function: Engineering, Technical, HSE
- Job Industry: Banking, Insurance and Microfinance
- Min Education Level: Bachelor Degree
- Job Type: Full Time
Top Banks Hiring in Myanmar
1. KBZ Bank: The KBZ bank is Myanmar leading and largest private bank in the country,this bank often loon for qualified staff who are skilled in digitally, technically and analytically.
2. AYA Bank: The AYA bank is also another top recruiter in the country, they focus on career growth, and offer a good working environment for employees to gain more experience and skill.
3. CB Bank: The CB bank also employ staff who have qualification in finance, marketing, and HR. It is also a major bank in the country
4. UAB bank: This bank deals with corporate banking and they employ competent workers to fit into various roles in the bank. The is also the best company to work in Myanmar.
Qualifications Needed for the Banking Jobs
The following are Qualification for Banking Jobs in Myanmar:
1. All prospective bankers or financial worker in Myanmar must have at least a bachelor’s degree or higher in Finance, Economics, Business Management, or IT.
2. Must be able to speak and write in Myanmar and English fluently.
3. He or she must be a computer literate. Must have good knowledge of Microsoft Office Suite like Word, Excel and PowerPoint.
4. Must have skills such as interpersonal skills, customer centric mindset, and the ability to work under pressure.
5. For Junior banking assistant or teller, he or she must be a graduate in business, economic and accounting, have good English language skill and good customer service skills.
6. For customer service or service quality role, he or she must have not less than 3 to 6 years of experience in customer service and knowledge of T24 and banking operations.
7. For relationship managers or credit and lian role, he or she must have at least 3 to 5 years of experience in loan origination or finance with a good knowledge of economic situations and credit analysis.
8. For IT or core banking specialist role, he or she must have a bachelor’s degree in computer science or IT and experience with oracle, PL or SQL and must also have stron knowledge in Fintech, AML and customer screening.
9. For management or senior role, he or she must have not less than 5 to 10 years of experience in banking or financial services with MBA or certificate like CFA is mostly required.
How Much Do Bankers Earn in Myanmar
Monthly, an entry level or bankers with little or no experience can earn around 400,000 MMK per month, a top financial manager can earn around 3.8 million MMK monthly while senior risk specialist can earn over 1.4 million MMK monthly.
Yearly, managers in Myanmar bank can earn around 11M to 26M MMK per year which is approximately 916k to 2.1M MMK monthly while senior manager can earn around 16M to 60M MMK per year which is approximately 1.3M to 5M MMK per month. This pay is determined by experience level, specialization, bank size, bank type and region.
Benefits of Working in Myanmar Banks
In Myanmar banking sector, there’s usually a three (3) month probation period with full salary, at least 2 times a year annual bonuses, a training opportunity which may include international training if necessary, a staff loan and a credit cards. All this are usually provided by employer in other to make bankers feel at ease and offer better services to customers.
How To Apply for Banking Job Positions in Myanmar
1. Look for job opportunities on job portal and bank websites using any bank of your choice. You can also look for job opportunities by networking with other professional in the financial sector.
2. You must have all necessary qualification such as having a degree in finance or any related banking field, having basic skills in respect to you job roles and getting necessary certificate like the CFA because having this certificate can give more edge than others.
3. Also identify top hiring banks like the KBZ bank, which is the largest bank in Myanmar and other banks in the country.
4. Always identify your digital skills and experience such as digital banking and relevant tech skills because it is hot cake in Myanmar. Don’t be shy to start small, you can start with entry role and then grow to other bigger role. Also know that most opportunities are present in centers like Yangon.
Conclusion
There’s opportunities for bankers who are ready to fit into banking roles and position in the banking sector of Myanmar. The banking sector of Myanmar offers good salary and stable work opportunity to willing and qualified staff, to work in Myanmar bank, you must have meet all basic requirements and apply using banks official website or jobs portals.
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