Financial Managers

Financial Managers typically perform the following tasks: • Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter. • Oversee the flow of cash or financial instruments. • Plan, direct, or coordinate the activities of workers in branches, offices, or departments of establishments, such as branch banks, brokerage firms, risk and insurance departments, or credit departments. • Recruit staff members. • Evaluate data pertaining to costs to plan budgets. • Oversee training programs. • Establish procedures for custody or control of assets, records, loan collateral, or securities to ensure safekeeping. • Communicate with stockholders or other investors to provide information or to raise capital. • Develop or analyze information to assess the current or future financial status of firms. • Approve, reject, or coordinate the approval or rejection of lines of credit or commercial, real estate, or personal loans. • Prepare financial or regulatory reports required by laws, regulations, or boards of directors. • Examine, evaluate, or process loan applications. • Evaluate financial reporting systems, accounting or collection procedures, or investment activities and make recommendations for changes to procedures, operating systems, budgets, or other financial control functions. • Network within communities to find and attract new business. • Prepare operational or risk reports for management analysis. • Review collection reports to determine the status of collections and the amounts of outstanding balances. • Review reports of securities transactions or price lists to analyze market conditions.