Top Banks In Nigeria And How To Find A Job With Them

Top Banks In Nigeria And How To Find A Job With Them

What are the top banks in Nigeria and how can one find a job with them? this is what we will be focusing on in this article. Want to learn more about top banks in Nigeria and how to find a job with them? Continue reading this article. 

Top Banks In Nigeria And How To Find A Job With Them

Before talking about how to find a job with a top Nigerian bank, we need to Identify top banks in Nigeria. What are the top banks in Nigeria? Lets list them in no particular order.

Top Nigerian Banks

For the purpose of this article, they are ranked as the top Nigerian banks because of the renumeration packages and incentives they offer to their staff. 

Access Bank Plc:  The biggest bank in Nigeria right now is not Access Bank Plc. However, the bank is among the greatest places to work in the Nigerian banking industry in terms of total assets. The bank makes sure that every employee receives a fair wage. Even prestigious financial publications like Forbes rank Access Bank plc higher than any other bank in Nigeria when it comes to caring for its employees in terms of wage payment. According to sources, Access Bank pays its entry-level employees between N250,000 and N300,000 per month. This is far higher than the pay given to staff at other banks.

First Bank Plc: The First Bank of Nigeria plc is one of the best paying banks in Nigeria. An entry-level employee at the bank earns between N200,000 and N250,000 per month. The bank caters to Nigeria's largest consumer base and specializes in retail banking.

GTB: Guarantee Trust Bank, or GTBank, was established in 1990. They currently have branches in all 36 states of Nigeria, Côte d'Ivoire, Kenya, Liberia, Gambia, Ghana, Nigeria, Rwanda, Sierra Leone, Uganda, and the UK. The bank appears to be the most well-liked in the nation, particularly among the younger generation. In fact, Guaranty Trust Bank is a well-known institution in the nation. The bank has won numerous accolades for its excellent financial operations both within and outside of Nigeria. One of the few Nigerian banks having branches all throughout the continent is GTBank. Since its founding, the bank has changed how banking is conducted throughout the nation. Reliable sources claim that GTBank's entry-level salaries begin at N200.000.

Zenith Bank Plc: One of Nigeria's safest banks, Zenith Bank Plc has the fifth-highest salary. The bank was founded in May 1990 by Jim Ovia, and as of right now, it operates in Ghana, Nigeria, Sierra Leone, South Africa, and the UK. The bank has grown to compete with other reputable financial institutions. One of the wealthiest banking organization in Nigeria is Zenith. The bank is still doing well, and it is widely recognized both globally and in a number of other African nations. Entry-level staff reportedly earn between N180,000 and N200,000 per month. Numerous bonuses and concessions are used to encourage this.

Fidelity Bank Plc: In Nigeria, Fidelity Bank has the fifth-best compensation structure. The bank was established in 1988 and had assets of much more than $6 billion in 2013. According to the KPMG Banking Industry Customer Satisfaction Survey (BICSS), the bank was rated the fourth-best bank in Nigeria for general merchandise in 2017. It is well known that Fidelity Bank pays its staff fairly. Even though the bank is no longer one of the top five wealthiest in the nation, it is still one of the best places to work in the banking industry. In addition to their regular monthly income, Fidelity Bank compensates its staff with a number of perks. An entry-level employee at Fidelity Bank makes about N180,000

Union Bank Of Nigeria: One of the oldest banks in Nigeria is the Union Bank which was established in 1917. Following Barclays Bank's 1917 acquisition of Colonial Bank, the institution's original name, Colonial Bank, was changed to Barclays Bank. The bank maintains offices and sources of contact all around the country. Even though the bank has been operating in Nigeria independence, it remains dedicated to giving its clients top-notch banking services. According to sources, Union Bank is one of the most lucrative banks in Nigeria in terms of staff payment. The starting salary for a Union Ban employee is approximately N180,000 per month.

UBA: In 1949, the United Bank for Africa (abbreviated UBA) was established. The bank has locations in 20 African nations as well as in New York, London, and Paris, three major global financial capitals. Currently, it ranks among the oldest banks in Nigeria. UBA is a viable alternative for young graduates hoping to get employment in the banking industry. You are entitled to a number of discounts and rewards each month as a bank employee. UBA pays its entry-level workers between N150,000 and N180,000. You might eventually be able to earn more than that.

Sterling Bank Plc: One of the most well-known banks in Nigeria is Sterling Bank. Even though the bank employs some contract workers, there are still roughly 2000 individuals working there. The Nigerian Central Bank has authorized Sterling as a full-service bank. Even though it isn't one of the top five banks in the country, the bank has future prospects of joining the big league soon. Sterling Bank is here to stay, with offices throughout all 36 states and tens of thousands of workers. This bank compensates its entry-level staff at least N145,000 per month. Add to this a sizable number of monthly allowances.

Eco Bank: A well-known pan-African financial institution, Ecobank has branches throughout West, Central, and East Africa. The bank, which started operations in 1985, now has over 10,000 employees, 1,000 offices, and operates in 34 countries. When considering Nigeria's top banks, it is necessary to mention this well-known Pan-African organization. The starting salary for bank employees is about N140,000. Additionally, a number of bonuses and incentives each month could considerably raise this amount.

FCMB: A cutting-edge bank in Nigeria, FCMB makes the list of top banks in Nigeria. The bank offers numerous financial services which includes online banking, USSD financial services, and numerous other cutting-edge services. According to reliable sources, this bank pays its entry-level employees a minimum of N110,000 a month. They have become known as one of Nigeria's top banking organizations as a result of the calibre of staff they have.

Top Banks In Nigeria And How To Find A Job With Them

Now that we have identified the top banks in Nigeria, how do you find a job with them?

You can work with any of these banks in 2 categories which are:

  1. Executive Trainee
  2. Experienced hire

Executive Trainee: An executive trainees is an applicant who is a recent graduate under the age of 26. In Nigeria, a banking career often begins at this level.

How to Join a top Nigerian Bank as an executive trainee

  • You must meet the following criteria to be eligible to apply for a bank job as an ET
  • Should not be older than 26 years old
  • Should hold a degree (BSc or HND) with a minimum second-class upper classification.
  • Completed the NYSC
  • Have effective communication abilities
  • smart and young

 Remember to use professional email address for your CV, not some odd and informal expressions like tboy@yahoo.com or john1986@gmail.com.

Experienced Hire : When a banker moves to another bank, we can call that an experienced hire. This is because executive trainees have acquired some years of experience in the banking system, hence the procedure is different for them.

Required qualifications are: 

  1. Bachelors degree or HND (second class upper)
  2. Additional qualification is an added advantage
  3. Must have some years of banking experience
  4. Must be cleared from the previous bank (integrity wise)

These are the basic prerequisites for hiring experienced candidates; the bank may have additional requirements. 

Successful applicants are typically positioned one level higher than their present position, but never lower.

You can apply for suitable roles in any of these top Nigerian banks as published on hubforjobs.

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