How Bank Managers Can Effectively Manage Anxiety And Stress

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Stress has been seen as a stubborn problem among bank managers. If you are a bank manager, read on and learn some helpful steps you can take to be able to manage your anxiety and stress.

Create A Solid And Meaningful Perspective. In reality, a lot of the things that stress us in the workplace, such as in a bank, are not as overwhelming as we think of them. Most often, there is no one hurt, dying, or sick that would pass as a dilemma. In fact, it won’t be necessary to take the problem to the next level, despite our negative feelings that we need to. You must have that solid perspective and keep work situations at a reasonable level to keep stress under control.

When you don’t find outlets for stress during a challenging time, you are bottling up what is weighing you down. Think of yourself as “content under pressure.” — Marni Amsellem, PhD

Have Down Time With Employees. As a manager, this can be often unlikely, but you can spend some enjoyable time with your employees as a form of relaxation for you and them as well. Don’t sit in your office the whole day, making phone calls and signing documents. Take time to know your people, talk with them, and get to know them. You’ll come to understand the challenges they face daily and be able to handle them easily. This is a constructive way to waste a little bit of time in the workplace.

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Have A Strict “Me Time.” Being a manager becomes more stressful when you spend the whole day working on multiple tasks and don’t even spend a few minutes for yourself. It is wise to always set a ‘me time’ every day. It doesn’t have to be spent at a spa or a mall so you can shop and relax. You can have it in your office, especially if your schedule is tight. Ask your secretary not to disturb you for at least 30 minutes. You can listen to some music or do meditation from your smartphone. These strategies are beneficial in reducing stress and encouraging more positive energy to become more productive at work.

With an uncertain economy continually looming over our heads, most Americans understandably are feeling stressed about money, so spending a ton of it to combat stress is probably not going to help the situation. — Sherrie Bourg Carter Psy.D.

Get Physical. This is so cliché, but it doesn’t mean it’s ineffective. In fact, it’s a very effective way to distress and be healthy while doing an office job. Some bank managers are lucky to have some kind of a fitness facility at their rooftops or perhaps near the bank, so it won’t be hard to exercise every day if possible. The only thing left to do is to decide to spare some time to exercise. If you’re not very eager to go to the gym, you can always go for a run after working hours, or do some abdominals during lunch break. It doesn’t matter what time. What’s important is that after physical activity, you are energized and ready to face new challenges. Getting physical IS indeed a great stress-reliever.

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Get Support. Undeniably, a bank manager is often surrounded by people from all walks of life – and different sizes. These can all be sources of stress – clients, employees, family, friends, and significant others. If you are not capable of handling yourself, you might be overwhelmed and in the end, develop a mental health issue. Before this happens, it would be helpful to have a support system who can be there for you or people you can run to who know how to help you in a professional way. It can be a counselor, a therapist, or a support group of professionals who have similar stories as you. Check out BetterHelp.com in case you happen to need one. You can also check out their Facebook page for more options.

There is stress because of unsatisfactory job conditions; fear of losing the unsatisfactory job; insecurity because of the difficulty of finding another unsatisfactory job after losing the first one; marital discord; troubled relations with children, siblings or parents; addictions of various kinds; financial problems; medical problems including those affecting loved ones; discord in the world at large ranging from economic crisis to political strife and violence; the list is endless. — Srikumar Rao Ph.D.

Conclusion

Stress is an inevitable part of being a bank manager – or a manager in general. Hopefully, you can learn from these constructive tips mentioned above so you can handle your stress triggers in no time. Remember, the only way you can secure your overall health is by putting an effort and working on it.

 

 

 

The Most Stressful Jobs In The Banking And Finance Sector (Most To Least)

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Have you worked in the financial services area? Then you most likely experienced spending stressful days and nights. The working hours are terrible, the responsibilities are quite heavy, and the pressure can be overwhelming. But who’s had worse? Here is a list of five of the most stressful jobs in the banking and finance industry, beginning from the most to the least job description.

  1. Mergers And Acquisitions Marketing Professional

The job of the investment banker or the marketing professional is at the top of the list on Wall Street and the whole financial sector in general. This is because investment bankers have to face stress triggers regularly. One is the difficulty of their job and second is the amount of work they do every day of their lives. In their world, they fight to survive and thrive as there are a lot of them climbing to the top at the same time. It’s not uncommon for them to not be able to eat and do their exercises because of how crushed they are at the end of the day.

 

  1. Risk Management And Compliance Professionals
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The banking sector is full of scams and scandals these days, and pacifying headlines like this is one of the more stress-triggering tasks that risk management and compliance professionals are burdened with. What’s more, their enemies are not only press but their colleagues as well – especially those who are looking to land an official transaction desperately. Most professionals working in this department say that compliance is not a very likable job at all. It’s not empowering to collect money but lose your principles in doing so.

 

  1. Bank Traders

Luckily, traders don’t work as many hours as the compliance or the acquisitions professionals. However, they experience a more sudden and acute type of stress. According to trading coaches, there’s so much in the daily tasks that they don’t have full control of, which is quite difficult for them to manage. You sit in your position, and you wait and cross your fingers hoping that the market will favor you, but sometimes it doesn’t, and in the end, other people will doubt if trading with you is the right decision.

 

  1. Financial Advisors Or Asset Managers

Asset managers are among the most sought-after professionals in the banking and finance industry, yet they are also the easiest to fire. If their clients don’t get what they want, then they’re terminated from their job just like that. One asset manager said that within his five years of employment, he lost 30 colleagues who decided just to leave the job without second thoughts. It’s a sales industry, and the first clients are usually family and friends, which make the pressure even greater. Your salary is barely on the minimum, and you work your ass off to remain on your position. Now, that’s quite stressful.

 

  1. Management Consulting Professionals
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Is being a management consultant stressful? Most consultants say yes, it is, if you’re working in a company like BCG and you don’t have the opportunity to travel because you live close to home (this means it is quite stressful!) Management consultants usually travel on overnight or even weekly trips, even monthly sometimes. Consultants who were interviewed said that often they travel very far from their homes but try their best to visit their families on the weekends.

 

A research done on the working situations of top consulting firms a few years back found that managing consultants who were successful – meaning that they worked 15 hours a day and slept less than 5 hours a night – that success was possible only if they sacrificed much of one’s time to do more work. Fortunately, consultants now have better ways of managing their stressors. Learn more about it from BetterHelp.com. Check out their Facebook and LinkedIn updates as well.