Expand mobile version menu

Financial Manager  What They Do

Just the Facts

Financial Managers, Branch or Department Career Video

Plans, directs and coordinates accounting, investing, banking, insurance, securities and other financial activities of a branch, office or department of an establishment.

This career is part of the Finance cluster Corporate Finance pathway.

A person in this career:

  • Establishes and maintains relationships with individual or business customers or provides assistance with problems these customers may encounter.
  • Plans, directs, or coordinates the activities of workers in branches, offices, or departments of establishments, such as branch banks, brokerage firms, risk and insurance departments, or credit departments.
  • Recruits staff members.
  • Prepares operational or risk reports for management analysis.
  • Evaluates data pertaining to costs to plan budgets.
  • Oversees training programs.
  • Examines, evaluates, or processes loan applications.
  • Approves, rejects, or coordinates the approval or rejection of lines of credit or commercial, real estate, or personal loans.
  • Oversees the flow of cash or financial instruments.
  • Prepares financial or regulatory reports required by laws, regulations, or boards of directors.

Working Conditions and Physical Demands

People who do this job report that:

  • You would sit most of the time. There's some walking and standing. You may have to lift and carry things like books, papers or tools weighing 10 lbs. or less.
  • Work in this occupation requires being inside most of the time
  • Work in this occupation involves sitting more than one-third of the time

Working in this career involves (physical activities):

  • Seeing clearly up close
  • Speaking clearly enough to be able to be understood by others
  • Identifying and understanding the speech of another person

Work Hours and Travel

  • Overtime work

Specialty and Similar Careers

Careers that are more detailed or close to this career:

  • Manager, Credit and Collection -- Directs and coordinates activities of workers engaged in conducting credit investigations and collecting delinquent accounts of customers.
  • Manager, Exchange Floor -- Directs floor operations of brokerage firm engaged in buying and selling securities at exchange.
  • Manager, Financial Institution -- Manages branch or office of financial institutions, such as commercial bank, credit union, finance company, mortgage company, savings bank, or trust company.
  • Operations Officer -- Supervises and coordinates activities of personnel involved in performing internal operations in department or branch office of financial institution.
  • Risk and Insurance Manager -- Plans, directs, and coordinates risk and insurance programs of establishment to control risks and losses.
  • Trust Officer -- Directs and coordinates activities relative to creating and administering personal, corporate, probate, and court-ordered guardianship trusts in accordance with terms creating trust, will, or court order.
  • Treasurer, Controller, Chief Financial Officer -- Plan, direct, and coordinate the financial activities of an organization at the highest level of management. Include financial reserve officers.
  • Treasurer --
  • Controller --
  • Chief Financial Officer --