Banking Best Practices Guide
This guide details 42 high value best practices for Banking operations organized by function and line of business, including Retail Branch Management, Credit Cards, and Loan Servicing. Use this document as a guide in implementing work activities in your Banking operations that have proven to increase efficiency, cost effectiveness, customer service and work quality. The majority of OpsDog's best practices require no new technology and can be implemented without infrastructure or regulatory-related organizational changes. Order this document to point your Banking operations in the right direction.
Which organiational areas and/or lines of business are covered in this best practices guide?
This guide includes details on 42 best practices (including a description of the best practice, comparison to the status quo, related KPIs, and benefits of the best practice over other common methods) covering the following areas:
- Lines of Business
- Business Banking
- Commercial Lending
- Consumer Lending
- Credit Cards
- Investment Banking
- Investment Management
- Merchant Services
- Mortgage Lending
- Online & Mobile Banking
- Treasury & Cash Management
- Retail Branch Operations
- Platform Operations
- Retail Branch Management
- Teller Tasks
- Back Office Operations
- Credit Operations
- Fraud Prevention & Management
- Direct Banking Operations
- Loan Operations
- Loan Servicing
- Trade Operations & Support
- Transaction Processing & Support
Download a Sample Banking Best Practices Guide
Frequently Asked Questions
Q: How do you determine what are best practices?
A: Through 25 years of research and hands-on consulting. We’ve been analyzing the operations of hundreds of industry leaders—including scores in the Fortune 500—since 1993. We have detailed, documented, and anonymized data, at the activity level, for proven best practice. We combine that with original research to create easy-to-use guides that give you an instant edge.
Q: How can your Best Practice Guides help me and my business?
A: They can drive improvement in both individual and company performance. Use our guides to train employees in the work methods that are proven to yield the best results. Learn and leverage from the best, rather than trying to reinvent the wheel. And do it easily, with clear written descriptions of each best, or leading, practice.
Q: Your download-able guides look great. But I need something custom. Can you help?
A: Heck yes. Our analysts would be happy to create a custom-tailored Best Practice Guide just for you. Give us your objectives and scope, and we’ll do the rest. Simply email us (firstname.lastname@example.org) or call us at 866.650.2888 and one of our friendly professionals will be happy to answer all your questions.
This workflow template illustrates the processing of account closing requests from retail and/or commercial banking clients. Purchase and download this template in PDF, Visio (VSD) and Power...
Type : Workflow Template
Process Participants : Banker, Client, Compliance Officer, Customer Service Representative, Application Processing Staff