-
Branch Managers - Branch managers of financial organizations manage the functions of a branch office. Starting with hiring personnel to assist consumers with accounts, and approving loans and lines of credit. Branch managers also establish a rapport with the community to build a business.
-
Cash Managers - Cash managers monitor the flow of cash receipts and disbursements to meet the investment and business needs of an organization.
-
Financial Controllers - Controllers supervise the preparation of financial reports that review and have a clear preview of the organization’s financial position. They also prepare appropriate reports required by regulatory authorities. Also, controllers look after the accounting, audit, and budget departments.
-
Credit Managers - Credit managers are in charge of their company’s issuance of credit, and all the required policies and procedures that are related to it
-
Directors and Managing Directors - Directors and managing directors (MDs) give more importance to corporate finance. MDs develop and build relationships with various companies in order to generate more corporate business for the organization. MDs usually specialize in one specific industry, to develop relationships among management teams of companies.
-
International Finance Managers - Managers who specialize in international finance develop financial and accounting systems for the banking transactions of multinational organizations
-
Risk and Insurance Managers - Risk and insurance managers are responsible for reducing risks and losses which may arise from business operations and financial transactions undertaken by their organization. They also look after an organization’s insurance budget.
-
Treasurers and Finance Officers - Treasurers and finance officers oversee the investment of funds and also handle associated risks. They look after cash management activities, carry out capital-raising strategies to support a firm’s expansion, and supervise mergers and acquisitions.
-
Risk / Credit Risk / Operational Risk - Market risk analysts do in-depth research to figure out the probability of asset loss or reward from investments that are done in that particular domain. They also develop risk management systems and consult with securities traders. Market risk analysts prepare thorough reporting and present the research results.
-
Business Valuations expert - The work of a business valuation specialist is to determine the economic value of a brand. They prepare a detailed report which is used in the business sale, litigation matters, or in establishing partner ownership.
-
Finance Controller - Financial controllers are responsible for all of the day-to-day operations in the finance department, reporting directly to the finance director. A financial controller is responsible to monitor that all accounting allocations are properly made and is in the form of documents. In a small organization, the controller may also look after cash management functions and manage accounts payable, accounts receivable, cash disbursements, payroll, and bank reconciliation functions.
-
Management Accounting - They do the work that helps the company’s owner, manager or board of directors make decisions. They might also develop and maintain a company’s financial system and supervise its bookkeepers and data processors. Also, management accountants may have an area of expertise, such as taxes or budgeting. Management accountants play important roles in determining the status and success of a company. While some choose to become a Certified Management Accountant (CMA), which is a similar credential to CPA (Certified Public Accountants), but with a greater focus on cost accounting, financial planning, and management issues.
-
Internal Auditor - The role of an internal auditor is to provide independent assurance that an organization’s risk management, administration, and internal control processes are operating effectively. These auditors have a professional duty to provide an unbiased and objective view. They help an organization to achieve its objectives by bringing a systematic, disciplined approach to evaluate and then improve the effectiveness of risk management, control, and governance processes. Professionals called internal auditors are employed by organizations to perform internal auditing activities.
-
Investment Banker - Investment bankers help their clients raise money in capital markets by issuing debt or by selling equity in the companies. Other job responsibilities include assisting clients with mergers and acquisitions (M&As) and advising them on unique investment opportunities such as derivatives.
-
Credit & Equity - A credit analyst is responsible for gathering and analyzing financial data about clients which include paying habits or history, earnings, savings information, and purchase activities. After the data has been collected, a credit analyst evaluates the data and then recommends a course of action for the customer.
-
The equity researcher plays a major role in bridging the information gap between the buyers and the sellers. The preliminary job of an equity researcher is to spend a lot of time and energy researching these stocks.
-
Investment Managers - Investment managers manage investment portfolios and operate under the government’s securities legislation. An investment manager makes investments in portfolios of securities on behalf of clients under the investment objectives and parameters the client defined.
-
Commodity Finance - Commodity finance is a type of lending that fits into trade finance. It is split into three groups of commodities, which include metals and mining, energy, and soft commodities. SCF is a financing technique that is used by many primary producers, lenders, and trading houses. Financial experts offer a varied range of products to meet your requirements at every stage of the trade flow. With the help of structured inventory products, they offer ownership-based financing solutions.
-
Project Finance - A project Financial Controller has control of all financial aspects of the project which includes preparation of financial statements, files for taxes on time, liaising with tax consultants, preparing management reports including budget and cash flow reports, and leads the implementation of new accounting software in coordination with the group accounting systems.
-
Leveraged Finance - An expert in leveraged finance acquires an asset, repurchases certain shares, makes an acquisition or even buys out another company. This debt is usually used to grow the company or raise capital to invest in another asset. The form of debt can be a leveraged loan, which tends to carry high interest as it is a riskier investment.
-
Structured Lending - An expert in structured lending offers an opportunity to make fuller use of their assets and to follow a wide variety of sophisticated investment strategies. Additionally, funds may be used to finance purchases of non-financial assets (i.e. not in a bank’s custody), such as companies, property, aviation or marine assets.
-
Corporate Banker - A corporate banker deals with companies rather than everyday people. Their clients range from small and medium-sized companies to huge conglomerates. They also advise corporate clients about mergers, acquisitions, capital markets, and preparing lending agreements.
-
Retail and Priority Banking - An expert in priority banking is responsible for providing financial solutions to priority customers and also ensuring value-added services. The person is also responsible for increasing liabilities, the size of the relationship via balances in the accounts of existing customers, and also enhancing customer profitability by capturing a larger share of the wallet. An expert in retail banking plays a customer service role. They advise clients and assist with services such as setting up savings accounts, authorizing loans, and other financial services.
-
Senior Management Roles (Head of Risk / Compliance, CFO, COO) - A chief financial officer (CFO) is considered to be the senior executive who is responsible for managing the financial actions of an organization. The duties of a CFO include tracking cash flow, financial planning, and analyzing the company’s financial strengths and weaknesses along with proposing corrective action. Risk management specialists are the financial managers who make use of specific training, skills, and experience to figure out possible risks which can result in loss of cash flow and higher insurance rates for any business. These specialists assess risks and implement plans and strategies to minimize business losses. The role of a COO (Chief Executive Officer) is to secure the functionality of the business to drive extensive and sustainable growth.
-
Compliance (General, Product, AML, Anti-fraud) - Compliance officers usually take advice from the legal department, as they do from Audit or HR. Compliance officers are executives who design and operate a management tool known as the compliance program. They are responsible for identifying and deploying the resources needed to keep it running as designed.
-
Internal Audit (Product audit, Operations audit, IT audit) - An internal auditor assesses the final product/service and whether it is suitable for use is evaluated. Also, the purpose of the product/service is taken into consideration and monitored. They also ensure a thorough inspection of a final product before delivery to a supplier or a customer. IT auditors collect and evaluate evidence of an organization’s information systems, practices, and also operations. IT auditors look at physical controls as a security auditor would do. They need to have a thorough look at business and financial controls within an organization.
-
Product Control (Wholesale Banking, Global Markets, Consumer Banking)- Product control is a center of cost responsibility for the daily PnL(Profit and Loss) and its explanation for a dedicated trading desk. In turn, product controllers are responsible for ensuring traders mark their books to fair value prices.
-
Tax - An expert in tax is very well acquainted with tax laws, planning, and compliance. A tax consultant typically expands on the role of a tax preparer. While tax consultants prepare tax returns, they also often work closely with clients throughout the year to ensure client tax liability is minimized.
-
Business Process Reengineering - An expert in business process re-engineering examines and redesigns business processes and workflows in an organization. A business process is a set of related work activities that are performed by employees to achieve business goals.
-
Business Analysts - Business analysts examine the data of internal or external clients and use their findings to make recommendations to their superiors about business decisions. This data, rather than being investment-related, involves the day-to-day operations of the business.
-
Underwriters - An underwriter evaluates and assumes another party’s risk for a fee, such as a commission, premium, spread or interest. Underwriters operate in many aspects of the financial world, including the mortgage industry, insurance industry, equity markets, and common types of debt securities.
