brokerage-firm-director/references/tasks.md

Tasks & work activities — brokerage firm director

Source: O*NET 30.3, occupation 11-3031.00 (Financial Managers) — manual nearest-occupation mapping via ISCO group 1346; the official ESCO crosswalk has no entry for this ESCO occupation.

Task statements

• [Core] Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.
• [Core] 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.
• [Core] Recruit staff members.
• [Supplemental] Prepare operational or risk reports for management analysis.
• [Core] Evaluate data pertaining to costs to plan budgets.
• [Core] Oversee training programs.
• [Supplemental] Examine, evaluate, or process loan applications.
• [Supplemental] Approve, reject, or coordinate the approval or rejection of lines of credit or commercial, real estate, or personal loans.
• [Core] Oversee the flow of cash or financial instruments.
• [Supplemental] Prepare financial or regulatory reports required by laws, regulations, or boards of directors.
• [Supplemental] Develop or analyze information to assess the current or future financial status of firms.
• [Supplemental] Communicate with stockholders or other investors to provide information or to raise capital.
• [Supplemental] 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.
• [Supplemental] Network within communities to find and attract new business.
• [Supplemental] Review collection reports to determine the status of collections and the amounts of outstanding balances.
• [Supplemental] Establish procedures for custody or control of assets, records, loan collateral, or securities to ensure safekeeping.
• [Supplemental] Review reports of securities transactions or price lists to analyze market conditions.

Detailed work activities

• Analyze financial records or reports to determine state of operations.
• Analyze financial records to improve budgeting or planning.
• Analyze financial records to improve efficiency.
• Analyze forecasting data to improve business decisions.
• Approve expenditures.
• Communicate organizational information to customers or other stakeholders.
• Determine pricing or monetary policies.
• Direct financial operations.
• Direct organizational operations, projects, or services.
• Establish interpersonal business relationships to facilitate work activities.
• Maintain regulatory or compliance documentation.
• Monitor flow of cash or other resources.
• Prepare financial documents, reports, or budgets.
• Prepare operational progress or status reports.
• Prepare reports related to compliance matters.
• Recommend organizational process or policy changes.
• Recruit personnel.
• Supervise employees.