De Paul Journal of Scientific Research 5 (1) March 1, 2018 ISSN 2394-4412 43 COMPETENCY MAPPING OF EMPLOYEES IN THE BANKING SECTOR Nisha Ann Jacob * Abstract The banking system in India has undergone tremendous changes in the recent years. Banking services growth in India is closely associated with the employee competency in the respective organization in the form of its productivity and profitability. To compete effectively, banking institutions needs professionals with the requisite skills and expertise not only at the strategic and management level, but also at the technical and operational levels. Traditionally banking industry employed highly skilled people with specialized education qualification for most of its functions. Thus, this research paper is an attempt to assess the competency and analysing the gap between the required and existing skill set among the employees in banks today. Keywords: Banking, Competency Assessment, Competency Mapping Introduction Globalization of the world economy has necessitated an innovative approach in managing the work force. Today the work front is characterized by drastic changes in implementing and developing strategies for employee productivity and growth. For building strong working relationship within the organization, competency of the people has to be continuously monitored and enhanced in congruence with the business plan. Competencies vary from job to job, department to department. For different departments and different jobs, these * Asst. Professor, School of Management, De Paul Institute of Science and Technology, Angamaly