Banking Finance

Question 1

CFO (Chief Financial Officer)

Answer 1

Executive responsible for financial planning, control, and record keeping

Question 2

CTO (Chief Technology Officer)

Answer 2

Executive responsible for developing new technology for the bank

Question 3

Compliance Officer

Answer 3

Person who must ensure that the bank follows all state and federal laws and regulations

Question 4

Trust Officer

Answer 4

Responsible for providing customers with financial products and trust services

Question 5

Lending/Loan Officer

Answer 5

Evaluates applications for loans or lines of credit

Question 6

Mortgage Banker

Answer 6

Only deals with mortgage loans

Question 7

Underwriter

Answer 7

Reviews the loan applications and approves or denies the loans

Question 8

Operations/Branch Manager

Answer 8

Oversees day to day activities of one branch of a bank

Question 9

HR (Human Resources Manager)

Answer 9

Involved in employee relations of the bank

Question 10

IT (Information Tech Manager)

Answer 10

Implements the policies and procedures set by the chief tech or chief info officers

Question 11

Public Relations Manager

Answer 11

Responsible for creating positive image of the bank

Question 12

Debt/Credit Counselors

Answer 12

Provided advice to a client on how to manage and reduce debt

Question 13

Tellers

Answer 13

Responsible for conducting transactions between bank and customers

Question 14

Data Processor

Answer 14

Deals with management of digital information

Question 15

Accountant

Answer 15

Responsible for creating and maintaining accurate financial records for the bank

Question 16

Auditor

Answer 16

Verifies bank processes and procedures

Question 17

COO (Chief Operating Officer)

Answer 17

Executive responsible for the banks daily operations