Careers › Banking Ombudsman

Career as Banking Ombudsman

Banking Ombudsman work under the aegis of the Reserve Bank of India under the Banking Ombudsman Scheme which came into effect in January 2006. The prime objective for the scheme is to improve the relationship between the Bank and Customer. When issues are not satisfactorily resolved by a bank, the customer approaches the Banking Ombudsman, who sorts out and facilitates speedy settlement of the grievances.

Job Profile

Career as Banking Ombudsman
  • Mediate to resolve pending disputes between the bank and its customer following legal guidelines, industry codes and a fair approach.
  • Assess the merit of the case
  • Make a detailed interpretation of the case
  • Write a document giving details of the way the issue can be resolved
Ombudsman handle specific cases i.e.
  • Investigate in detail the issues raised within disputes
  • Prepare an independent assessment of the merits of a dispute
  • Play the role of facilitator to negotiate between the parties engaged in a dispute where needed
  • Communicate effectively to a wide range of stakeholders in clear language.

Employment Opportunities

  • Commercial banks
  • Regional rural banks
  • Scheduled primary co-operative banks
  • Finance consultancies

How do I get there?

  • Std XII

    Stream:Any

  • Graduation

    BA.LLB

  • Placement

    Bank job/
    CorporateLawPractice

  • Training

    Banking Ombudsman

  • Goal

    Banking Ombudsman

  • Std XII

    Stream:Com

  • Graduation

    Eco/Com

  • Professional...

    CharteredAcc

  • Training

    Banking

  • Goal

    Banking Ombudsman

  • Std XII

    Stream:Com

  • Graduation

    BCom/Insurance

  • Work Experience

    Insurance 

  • Training

    Banking Ombudsman

  • Goal

    Banking Ombudsman

*Bachelor of Investment & Financial Analysis

Featured Institutes in India

Other careers of your interests

Content on this page is by Career Expert
Mrs. Kum Kum Tandon
MA (Psychology), M.Ed, Diploma in Educational Psychology, Vocational Guidance & Counseling (NCERT, Delhi) | View Complete Profile
×
×

This website uses Cookies and related technologies for the site to function correctly and securely, improve & personalise your browsing experience, analyse traffic, and support our marketing efforts and serve the Core Purpose. By continuing to browse the site, you agree to Privacy Policy and Cookie Policy.

▲ Back to Top