Banking sector, between competitive innovation and career

Last updated:

The banking sector is undergoing many changes. The digitalization of customer acquisition, as well as the changes in uses implied by mobile is reshaping a market. Where at the same time close, inexpensive, fast and instantaneous, the customer relationship with the bank continues to evolve.

In this context, if new competitive players emerge, there is also competition for recruitment, with increased needs. Aware of these new challenges, the CFPB banking school organized, last April, the meeting Alternance 2018. An initiative allowing students to set foot in a sector whose future has yet to be defined.

The path of alternation in the service of the banking sector

Created at the initiative of banking institutions, the CFPB prepares about 35,000 students per year in banking in France. This year, the Bank’s Higher School is launching a new campaign called “Alternative 2018”. The campaign aims to provide 85 alternating positions in the banking sector in New Aquitaine by September 2018.

A day dedicated to the Masters exclusively, where many players from the sector were present to exchange with students looking for jobs. This job dating is part of a process of high demand for applications. On March 17, a first day for bachelor’s graduates allowed students to find positions based on their career paths; 2018 under the best auspices for banks in the New Aquitaine region.

A banking sector supported by economic upswing…

Nouvelle-Aquitaine comporte about 2570 agencies, employing 22,500 employees. The banking sector is regaining some economic momentum. He will have to recruit more and more in the coming months, especially in the Nouvelle-Aquitaine Region. The region, with the Ile-de-France and the PACA region, is experiencing real economic dynamism. The reason for an upcoming increase in recruitment in the bank is partly due to departures baby boomer employees.

Nevertheless, it should also be remembered that the banking market is also dependent on other sectors. It is in the regional and national economy and depends on the (good) health of its economic partners. With a hiring rate of 9.64%, the bank is not one of the traditional sectors offering the most positions. However, this situation is changing favourably, despite the new entrants to the market, leading to increased pressure.

… but who has to face new competitors

New candidates are entering a sector in turmoil. Since the beginning of 2018 already, the weight of dematerialized banks, new players such as Orange Bank or the place taken by crypto-currencies has somewhat damaged a sector relatively weakened by the fluctuations of the economy. Moreover, in the midst of a debate over the management of private data, banks remain relatively silent on their management and the protection of personal data, while new entrants rely on banking innovation.

The startup Revolut offers, for example, a credit card with no account maintenance fees, usable anywhere in the world. Card users can circulate money free of charge, exchange between several currencies or buy cryptocurrencies as they see fit. Similarly, crowdfunding sites are intended to complement traditional financial institutions, while democratizing the practice of lending and financial annuity somewhat.

This transformation of the sector through new solutions also impacts the substantial financial transactions, with individuals and professionals alike. For example, today, almost 30% of the private property credit market shares are going through brokers, while professional records are mainly managed by banks. A net divide that the Central Finance wants to mitigate by proposing new solutions to professionals, through an analysis platform for those who are looking for financing for the creation, takeover of a business or the development of their business.

A central site for professional funding needs

The project developed by the Central Finance Fund intervenes on a large majority of financing needs such as professional real estate, commercial funds or leasing, frequently requested by professionals. This platform makes it possible to support project leaders, whether they are craftsmen, traders, or entrepreneurs, at the head of VSEs as well as SMEs or large companies, “in the analysis of their file and the search for professional or private credit”.

Recruitment race job position
Candidates take competitive examinations to be hired at the Banque de France.

The objective of the Centrale is to offer customers full support for the entire financing process. HasWith regular contact available to answer the client’s questions: progress report, study of the most favorable solution to the project leader according to his needs. The aim is to boost the economy. And gradually remove traditional divisions by connecting experts bringing together a dual vision of the market and banks. This is in order to be able to guarantee customers an optimization of deadlines to best meet their expectations.

A diversified B to B market in search of new players

In a context of banking innovation mainly aimed at individuals, the Bordeaux B to B sector is also seeing its situation evolve within the Bordeaux economy. IThere are a few agencies that offer mortgage financing for professionals. As well the MACSF (Mutuelle d’Assurance du Corps de Santé Français), SOFINCO or the Centrale de Financement de Bordeaux.

Companies that take the side of transparency, also offering offers at the “best market rates”. They promise professionals shorter deadlines, and a complete follow-up with attractive benefits for them. Lwhere traditional banks are running out of steam. Indeed, the banks offering the most advantageous rates are much more solicited. Ce which has the effect of lengthening their processing times for applications. A delay that professionals, often in a relatively tight cash or investment environment, cannot be satisfied with.

The proposal of the new competition can therefore be an attractive alternative for professionals, beyond existing banking offers. Enough to diversify opportunities, both for professional customers and for job candidates.


Press release CFPB

Study Job Pole

Banking research in Aquitaine

The Central Finance


Abonnez-vous à la Newsletter