If you have been dreaming of working as a banker in Russia, this post is for you. Banking Jobs in Russia is one of the fastest growing job sector in the country. The country is now recruiting qualified staff for various role and positions like corporate and retail banking specialists, investment and portfolio managers, risk and compliance officers, accountants and financial analysts, auditors and internal control specialists, treasury and credit analysts, banking operations managers and IT, Digital, and Data experts.
Before you can apply for these jobs in any bank in Russia, you must have the basic quality and skills such as getting educated, having a good communication and analytical skills. To apply, you can check various banks career page or job portals. International workers are also welcome in Russia. In this article we will be be discussing on current Russian banking jobs, salaries and qualification.
Top Banks Hiring in Russia
1. Sberbank: This is Russia largest recruiting banks and they mostly hire worker. They usually post job vacancies on their careers portal.
2. VTB Bank: The VTB is another major hirer. They hire staff often into position like retail banking, corporate banking, and investment banking.
3. Alfa-Bank: The Alfa bank is a top private banks in Russia that hire staff for all positions or role in the banking sector.
4. Tinkoff Bank: This bank is know for digital banking and fintech and they frequently employ people who will fill in that position.
5. Gazprombank: They employ qualified staffs, those who have a bachelor’s degree in finance and any related course. Having a master is of added advantage.
6. Rosbank: This is another bank that employ staff for retail, corporate, investment banking, and treasury. This bank also employ qualified staff who are able to meet all the necessary requirements.
7. Russian Agricultural Bank: This banks also recruit banker in all area and role.
Ongoing Banking Job Opportunities
The following are Finance/Banking Job positions in Russia:
1. Chief Business Officer
- Location: Innovations Global Moscow, Russia
- Salary: Not indicated
- Job Type: Full-time
- Job function: Sales, General Business, and Business Development
2. Finance Controller
- Location: Puratos Podolsk, Moscow, Russia
- Salary: Not indicated
- Job Type: Full-time
- Job function: Accounting/Auditing and Finance
3. E-commerce finance and accounting specialist
- Location: LC Waikiki Moscow, Moscow City, Russia
- Salary: Not indicated
- Job Type: Full-time
- Job function: Finance
4. Teller I – Livingston (30 Hour)
- Location: TD Bank, Livingston, NJ
- Salary: $23.00 – $29.50 an hour
- Job Type: Part-time
- Job function: Finance
Qualification Needed for Bankers in Russia
1. Aspiring bankers must have a bachelor’s degree in Finance, Economics, Business Administration, or a related field. This requirements is majorly for entry level, those with little or no experience.
2. For seniors role like management, leadership roles, or specialized fields like investment banking, candidate must have a master’s degree or an MBA.
3. Professional candidate must be certified, they must posses relevant certificate such as Chartered Financial Analyst (CFA). This certification will help such candidate have better chances of employment compared to the others.
4. All candidate must have a good number of working experience. Experience is highly valued by most employers in Russia.
5. Aspiring candidate must be very fluent in Russian because knowing how to speak the language will help you communicate effectively with your client. Also knowledge of English language and other languages can be beneficial for international jobs.
6. All prospective bankers should be able to learn and adapt fast, they should have strong presentation and negotiatiin skill and also ability to find and process information.
How Much Do Bankers Earn in Russia
Generally, entry level bankers earn around 36,000 RUB to 137,000 RUB per month, including bonuses. A bank teller staff can earn around 43,000 RUB per month, with seniors earning more.
Personal banker can typically earn around 28,000 RUB to 177,000 RUB per month, although it is depending on the location of the bank and the experience such candidate have been able to gather. Private bankers can earn between 34,000 RUB and 232,000 RUB monthly, while top earners can earn above 133,000 RUB per month.
Annually, a banker Associate at Moscow can earn an average salary of 4.5 million RUB per year which is approximately 375k RUB per month. While international banker can earn an average salary 2.4 million RUB per year which is around 200k RUB per month. Also note that all this salary is affected by location, specialization, Experience, and bonuses.
How to apply for the Job Vacancies
The following steps are essential while planning to work in any Russian Banks:
1. Start by identifying your employers, There are major Russian banks (such as Sberbank, VTB Bank, Alfa-Bank), International banks and institution (like the Eurasian Development Bank (EDB) or IBEC International Bank for Economic Cooperation), and Investment Funds
2. Proceed to bank career pages, recruitment agencies and job board for different job openings on any role or position.
3. Check if you meet up up with the basic requirements of the bank like having a degree, language proficiency, good experience and a strong analytical, communication, negotiation, and financial modeling skills.
4. At this stage this is where you submit your CV or resume that highlights all your Qualification. After applying you prepare for an interview. While foreigner must be prepared to acquire their work visa and work permit, although simplified procedures exist for highly qualified specialists (HQS).
Conclusion
Banking Jobs in Russia is rapidly developing their online service, mobile Apps and diverse new technologies. This alone have led to the high demands of qualified staff and workers.
Russia is in need of qualified staff and they’re ready to employ and pay high salary to expertise in new digital technologies, data management, and risk analysis also having a good communication and analytical skills will give you more chances of employment.
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