|
Banker :
Advise
clients on financial plans utilizing
knowledge of tax and investment
strategies, securities, insurance,
pension plans, and real estate. Duties
include assessing clients' assets,
liabilities, cash flow, insurance
coverage, tax status, and financial
objectives to establish investment
strategies.
Occupation
Specific Tasks:
The tasks listed below are typical task
statements that are commonly required
for the occupation you selected.
Task
Description
| Analyze
financial information obtained from
clients to determine strategies
for meeting clients' financial objectives. |
| Answer
clients' questions about the purposes
and details of financial plans and
strategies. |
| Authorize
release of financial aid funds to
students. |
| Build
and maintain client bases, keeping
current client plans up-to-date
and recruiting new clients on an
ongoing basis. |
| Collect
information from students to determine
their eligibility for specific financial
aid programs. |
| Conduct
seminars and workshops on financial
planning topics such as retirement
planning, estate planning, and the
evaluation of severance packages. |
| Contact
clients periodically to determine
if there have been changes in their
financial status. |
| Contact
clients' creditors to arrange for
payment adjustments so that payments
are feasible for clients and agreeable
to creditors. |
| Determine
amounts of aid to be granted to
students, considering such factors
as funds available, extent of demand,
and financial needs. |
| Devise
debt liquidation plans that include
payoff priorities and timelines. |
| Explain
and document for clients the types
of services that are to be provided,
and the responsibilities to be taken
by the personal financial advisor. |
| Explain
to individuals and groups the details
of financial assistance available
to college and university students,
such as loans, grants, and scholarships. |
| Guide
clients in the gathering of information
such as bank account records, income
tax returns, life and disability
insurance records, pension plan
information, and wills. |
| Implement
financial planning recommendations,
or refer clients to someone who
can assist them with plan implementation. |
| Interview
clients to determine their current
income, expenses, insurance coverage,
tax status, financial objectives,
risk tolerance, and other information
needed to develop a financial plan. |
| Meet
with clients' other advisors, including
attorneys, accountants, trust officers,
and investment bankers, to fully
understand clients' financial goals
and circumstances. |
| Monitor
financial market trends to ensure
that plans are effective, and to
identify any necessary updates. |
| Open
accounts for clients, and disburse
funds from account to creditors
as agents for clients. |
| Participate
in the selection of candidates for
specific financial aid awards. |
| Prepare
and interpret for clients information
such as investment performance reports,
financial document summaries, and
income projections. |
| Recommend
strategies clients can use to achieve
their financial goals and objectives,
including specific recommendations
in such areas as cash management,
insurance coverage, and investment
planning. |
| Research
and investigate available investment
opportunities to determine whether
they fit into financial plans. |
| Review
clients' accounts and plans regularly
to determine whether life changes,
economic changes, or financial performance
indicate a need for plan reassessment. |
| Sell
financial products such as stocks,
bonds, mutual funds, and insurance
if licensed to do so. |
Detailed Work Activities.
| account
for or dispense funds |
| advise
clients on financial matters |
| advise
clients or customers |
| analyze
applicant's financial status |
| analyze
financial data |
| approve
or deny loans |
| compare
clients' applications with eligibility
requirements |
| compile
data for financial reports |
| compile
information through interviews |
| complete
information on loan forms |
| compute
financial data |
| compute
payment schedule |
| compute
property equity |
| compute
taxes |
| conduct
financial investigations |
| determine
program eligibility |
| explain
what financial assistance is available |
| gather
relevant financial data |
| interview
customers |
| maintain
cooperative relationships with clients |
| obtain
financial information from individuals |
| obtain
information from individuals |
| perform
general financial analysis |
| prepare
financial reports |
| prepare
reports |
| provide
customer service |
| review
loan applications |
| select
applicants meeting qualifications |
| use
computers to enter, access and retrieve
financial data |
| use
interviewing procedures |
| use
negotiation techniques |
|
Interviewers
