Reference number: 2293AIF

Posted on: Nov 29 2008

Location: Baghdad, Iraq

Career level: Executive (director, department head)

Job type: Full time

Communities: Accounting & Auditing | Finance, Economics & Banking | Real Estate & Construction

Job tags: Minimum 10 Years of experience, Perfect English is a must, Proficiency in Microsoft offic, able to travel

Job Description and Requirements

• Monitors order flow and transactions that brokerage firm executes on floor of exchange.
• Submits delinquent accounts to attorney or outside agency for collection.
• Examines, evaluates, and processes loan applications.
• Establishes credit limitations on customer account.
• Reviews reports of securities transactions and price lists to analyze market conditions.
• Reviews collection reports to ascertain status of collections and balances outstanding.
• Directs insurance negotiations, selects insurance brokers and carriers, and places insurance.
• Establishes procedures for custody and control of assets, records, loan collateral, and securities to ensure safekeeping.
• Prepares operational and risk reports for management analysis.
• Analyzes and classifies risks as to frequency and financial impact of risk on company.
• Plans, directs, and coordinates risk and insurance programs of establishment to control risks and losses.
• Directs and coordinates activities of workers engaged in conducting credit investigations and collecting delinquent accounts of customers.
• Directs and coordinates activities to implement institution policies, procedures, and practices concerning granting or extending lines of credit and loans.
• Prepares financial and regulatory reports required by law, regulations, and board of directors.
• Selects appropriate technique to minimize loss, such as avoidance and loss prevention and reduction.
• Directs floor operations of brokerage firm engaged in buying and selling securities at exchange.
• Evaluates effectiveness of current collection policies and procedures.
• Evaluates data pertaining to costs to plan budget.
• Manages branch or office of financial institution.