Career Research Report on Banking Industry in UK

CW1 – Career research
report

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY ..................................................................................................................................1
Analysis and Application.................................................................................................................1
General trends which will impact on your chosen profession/industry......................................1
The skills / knowledge and experience required.........................................................................3
Evaluation .......................................................................................................................................4
Conclusion ......................................................................................................................................4
References .......................................................................................................................................5

INTRODUCTION
Banking industry of UK is one of the prominent industry and the fourth largest among
whole world. In current time the banking industry is adapting emerging changes in which clients
are benefited to the huge amount (Swacha-Lech, 2017). In UK the banking industry is growing
in drastic manner by which people are willing to wok under this industry. Being a candidate I
want to apply in this industry so an analysis is being performed by me which includes primary
and secondary research. In this report general trends within banking industry along with its
impact on globalisation has been covered by taking help of research. On the other hand the report
covers those skills which are required in order to attain prominent job position at banking
industry.
MAIN BODY
Analysis and Application
General trends which will impact on your chosen profession/industry
In the survey it has been found that there are various dimensions which are leading
banking industry of UK such as digital transformation, revenue growth, globalisation and many
more. These are the factors which are having high implications over banking industry and skills
set held by employee who are willing to apply for job in this industry. These factors are
elaborated as under:
Impact of globalisation: International banking is getting attracted from interest ofcareer
options for customer relationship manager policy maker and this is impacting economy in
prominent manner. On the other hand this is increasing jobs for individuals by which more jobs
offers are existed in this industry (Rodrigues and et. al., 2020). Similarly high competition is
existed in the market due to which homogeneous services are existing and this is providing high
rivalry within marketplace along with intensity within industry. This is career options for
customer relationship manager observed that job openings are wide within globalisation and due
to which skilled candidates are given opportunities to explore their expertise within the sector in
order to get high benefits in their carer and professional life as well. Furthermore high integrity
and innovation is welcomed due to globalisation which is lifestyle of population is improvised
and needs for banking services are enhanced which is giving immense opportunities for
personnel to apply for jobs in more easy manner. International banking is providing highly stable
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