Finance executive jobs come in various forms with different functions. In the banking sector, for instance, one may find account executives whose main tasks include dealing with mortgage brokers to generate loans. Executives known as regional managers generally have the principal role of overseeing a group of branch offices for commercial banks in a given region. There are various finance executive jobs on a senior level, which include controllers, financial vice presidents and chief financial officers. Other finance executive jobs include chief credit executives, investment products account executives and securities brokers.
In banking, the job of an account executive may require the position holder to network with mortgage loan providers in order to produce loans, among other items. The account executive title is also found in other areas of finance, such as insurance and securities brokerage. In the insurance field, the account executive's main tasks include maintaining relationships between the firm and the insurance policyholders. An account executive in the brokerage sector is normally referred to as a securities broker. Generally, his or her job may involve buying and selling securities, such as stocks and bonds, on the behalf of clients.
A regional manager is essentially an executive who supervises a number of branch offices of commercial banks and other savings institutions. He or she may oversee five to 15 branches in a given city, for example. The regional manager's responsibilities may include working with branch managers for the purpose of meeting particular targets. For example, a particular target could be reaching a certain number of net income in a given period.
Controllers are financial executives whose roles involve preparing firms' financial reports, monitoring accounting records, coordinating daily finance and accounting procedures, and more. Financial vice presidents, also known as treasurers, are responsible for directing financial planning, raising capital, investing funds, and many more tasks. Chief financial officers (CFOs) are generally the most senior financial executives in most firms. Normally, CFOs handle the grand strategic planning regarding a firm's financial affairs. They plan, supervise and orchestrate an organization's financial activities, in a broad scope.
Furthermore, positions, such as chief credit executives, involve coordinating credit departments. The main function of these departments is to assess the degree of risk associated with lending activities for banks and other institutions that provide loans. Investment products account executive roles mainly entail selling investments and related services to banking clientele. Moreover, most finance executive jobs require candidates to have a minimum of four years college education, and the most senior jobs demand higher degrees, such as a master's. Also, the preferred disciplines for finance executive jobs include finance and accounting.
