When someone is applying for a job at a bank or financial institution, job screening should take place. Employees who work at financial institutions have access to so much private and confidential information that it would be foolish to hire them without verification.
Financial institutions usually store all customer information in a database. The database is protected by a firewall and can only be accessed by authorized employees. There are many companies that provide employment screening services. You can easily contact the reliable screening companies via https://www.peopletrail.com/background-screening/.
However, one of these authorized officers may be a potential criminal. Carrying out job screening of all applicants, as well as regular inspections of existing employees, is a precaution against hiring someone who is potentially at risk.
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Financial institution employees have access to customer contact information, social security numbers, bank account numbers, and transaction information. Many also have authorizations to reverse, correct or execute transactions on customer accounts.
It would be very easy for an unethical employee to withdraw funds from a customer account. It could be days, weeks, or months before the situation is discovered, and the employee may have already left for sunset by then.
Financial institutions are required to take a job test, which consists of a credit and criminal background test, and tests on education, identity and work experience. References can also be checked, but should not be relied on as applicants rarely provide reference names that speak ill of them.