accounting techniques
The techniques of recording and summarising business and financial transactions and analysing, verifying, and reporting the results.
Central bank governors set the monetary and regulatory policy, determine interest rates, maintain price stability, control the national money supply and issuance and foreign exchange currency rates and gold reserves. They oversee and control the banking industry.
Competences and skills
42 ESCO relationsEssential knowledge 7 competences
Occupation specific
0 competencesNo competences in this bucket.
Sector-specific
0 competencesNo competences in this bucket.
Cross-sector
7 competenceseconomics
Economic principles and practices, financial and commodity markets, banking and the analysis of financial data.
financial jurisdiction
Financial rules and procedures applicable to a certain location, whose regulatory bodies decide on its jurisdiction
financial markets
The financial infrastructure which permits trading securities offered by companies and individuals govern by regulatory financial frameworks.
government policy
The political activities, plans, and intentions of a government for a legislative session for concrete causes.
government policy implementation
The procedures related to the application of government policies at all levels of public administration.
liquidity management
The theory and practices around the management of liquidity in a company with the aim of facilitating meeting obligations with thirds parties without compromising the smooth functioning of the company nor incurring in substantial losses.
Essential skills and competences 9 competences
Occupation specific
2 competencesdetermine monetary policy actions
Identify the actions concerning the financial policy of a country to maintain price stability and controlling the money supply such as changing the interest or inflation rate.
monitor credit institutes
Perform bank supervision and control the subsidiaries' activities, for example credit operations and cash reserve ratio.
Sector-specific
2 competencesmanage securities trading
Administer and control the sale and purchase of tradable financial products such as equity and debt securities.
monitor national economy
Supervise the economy of a country and their financial institutions such as banks and other credit institutions.
Cross-sector
5 competencesanalyse economic trends
Analyse developments in national or international trade, business relations, banking, and developments in public finance and how these factors interact with one another in a given economic context.
analyse market financial trends
Monitor and forecast the tendencies of a financial market to move in a particular direction over time.
apply conflict management
Take ownership of the handling of all complaints and disputes showing empathy and understanding to achieve resolution. Be fully aware of all Social Responsibility protocols and procedures, and be able to deal with a problematic gambling situation in a professional manner with maturity and empathy.
create a financial plan
Develop a financial plan according to financial and client regulations, including an investor profile, financial advice, and negotiation and transaction plans.
forecast economic trends
Gather and analyse economic data in order to predict economic trends and events.
Optional knowledge 13 competences
Occupation specific
0 competencesNo competences in this bucket.
Sector-specific
3 competencescommercial law
The legal regulations that govern a specific commercial activity.
foreign valuta
The currencies of different countries such as the euro, dollar or yen including their exchange rate and the methods of currency conversion.
investment banking
The branch of banking that provides services of capital raising and mergers and acquisitions (M&A).
Cross-sector
10 competencesconstitutional law
The regulations dealing with the fundamental principles or established precedents which govern a state or organisation.
financial analysis
The process of assessing the financial possibilities, means, and status of an organisation or individual by analysing financial statements and reports in order to make well informed business or financial decisions.
financial forecasting
The tool used in performing fiscal financial management to identify revenue trends and estimated financial conditions.
government representation
The legal and public representation methods and procedures of the government during trial cases or for communication purposes, and the specific aspects of the governmental bodies being represented in order to ensure accurate representation.
international law
The binding rules and regulations in the relations between states and nations, and legal systems dealing with countries rather than private citizens.
international trade
The economic practise and study field that address the exchange of goods and services across geographic borders. The general theories and schools of thought around the implications of international trade in terms of exports, imports, competitivity, GDP, and role of multinational companies.
legislation procedure
The procedures involved in the making of laws and legislation, such as which organisations and individuals are involved, the process of how bills become laws, the proposal and reviewing process, and other steps in the legislation procedure.
public finance
The economic influence of the government, and the workings of government revenue and expenditures.
securities
The financial instruments traded in financial markets representing both the right of property over the owner and at the same time, the obligation of payment over the issuer. The aim of securities which is raising capital and hedging risk in financial markets.
statistics
The study of statistical theory, methods and practices such as collection, organisation, analysis, interpretation and presentation of data. It deals with all aspects of data including the planning of data collection in terms of the design of surveys and experiments in order to forecast and plan work-related activities.
Optional skills and competences 13 competences
Occupation specific
1 competencemonitor banking sector development
Observe changes in the national and international banking industry such as the introduction of new laws, innovative trends and products, or the level of cooperation between banks.
Sector-specific
2 competencesperform currency reserve management
Administer the bank's gold and currency holdings which are used as a way to settle international debts or to influence the national exchange rate.
perform financial market business
Perform or monitor business operations on the money market and on the capital market such as the lending or receiving of deposits, swap transactions or short selling.
Cross-sector
10 competencesadvise on economic development
Advise organisations and institutions on the factors and steps they could take which would promote and ensure economic stability and growth.
advise on legislative acts
Advise officials in a legislature on the propositioning of new bills and the consideration of items of legislation.
build business relationships
Establish a positive, long-term relationship between organisations and interested third parties such as suppliers, distributors, shareholders and other stakeholders in order to inform them of the organisation and its objectives.
conduct financial audits
Evaluate and monitor the financial health, the operations and financial movements expressed in the financial statements of the company. Revise the financial records to ensure stewardship and governability.
develop financial statistics reports
Create financial and statistical reports based on collected data which are to be presented to managing bodies of an organisation.
manage government policy implementation
Manage the operations of the implementation of new government policies or changes in existing policies on a national or regional level as well as the staff involved in the implementation procedure..
manage staff
Manage employees and subordinates, working in a team or individually, to maximise their performance and contribution. Schedule their work and activities, give instructions, motivate and direct the workers to meet the company objectives. Monitor and measure how an employee undertakes their responsibilities and how well these activities are executed. Identify areas for improvement and make suggestions to achieve this. Lead a group of people to help them achieve goals and maintain an effective working relationship among staff.
monitor stock market
Observe and analyse the stock market and its trends on a daily basis to gather up-to-date information in order to develop investment strategies.
perform public relations
Perform public relations (PR) by managing the spread of information between an individual or an organisation and the public.
provide cost benefit analysis reports
Prepare, compile and communicate reports with broken down cost analysis on the proposal and budget plans of the company. Analyse the financial or social costs and benefits of a project or investment in advance over a given period of time.