The landscape of commercial banks in the 21st century has transformed into a complex web of financial organizations. Dominating the list are mega-banks such as Bank of America, CitiGroup, Wells Fargo, and JPMorgan Chase & Co. These global giants wield immense power and operate on an expansive scale, catering to clients around the world. Just below them, we find regional banks with offices spanning multiple states. As an institution they strike a balance between size and scope, serving a significant regional customer base with tailored financial products.

At the grassroots level, we have community banks, the smallest players in the banking sector. These local establishments focus on intimately understanding the needs of their community members, fostering personal relationships, and driving localized economic growth.

The commercial banking sector employs professionals in both front office and back office capacities, ensuring a seamless banking experience for customers. In fact, front-office roles make up approximately two-thirds of the industry's workforce, with a primary focus on serving customers at branch offices, initiating account setups, and facilitating loan procedures. These roles are distributed across various departments within different banks.

For example, Bank of America org chart, as a large banking institution, encompasses the following departments: Accounting/Finance, Administrative/Clerical, Credit/Lending, Customer Service, Human Resources, Information Technology, Legal, Marketing/Communications/Philanthropy, Relationship Management, Risk/Compliance/Audit, Sales, etc.

No wonder cracking deals in such banks is not an easy thing. One needs the right insights at the right time to ensure better reach outs, quality leads and faster closures. This calls for actionable data insights of each department, people involved, their contact details, job responsibilities and more. All of which can be easily leveraged by utilizing BFSIKonnect by BizKonnect. It is a connected ecosystem of all BFSI companies.

With BFSIKonnect, sales and marketing teams can unlock a profound understanding of a bank's inner workings through our cutting-edge visualization tool, which provides a detailed representation of its organizational hierarchy. Our sales intelligence tool goes beyond mere visualization, offering you the following benefits:

In the banking industry, seamless collaboration between various departments is the key to unlocking success. With BFSIKonnect, a cutting-edge solution by BizKonnect, one can navigate the intricate structure of BSI organizations, gaining valuable insights into the roles and interrelationships of each department. This indispensable tool equips marketers to make informed decisions, and cultivate a superior, client-centric approach.