Reserve Officer
Direct investment activities in bonds, securities, and collateral funds.
Directs purchase, sale, and redemption of bonds and securities, and placement of collateral funds in safekeeping accounts of correspondent or reserve banks to maintain institution reserve position mandated by regulatory bodies: Arranges deposit agreements with correspondent banks or designated reserve bank, and directs placement of funds to fulfill agreements. Reviews financial statements to determine reserve needed, and adjusts reserve to obtain specified ratio of reserves to liabilities. Directs purchase and sale of government bonds and other securities, redemption of bonds, and disbursement of funds to branch offices, correspondent banks, and reserve banks to ensure that funds are kept at level specified by reserve regulations and deposit agreements. Prepares reports on reserve position for management.
Personality Traits
Team Player: You're able to listen, communicate, and work with tons of different people.
Detail Oriented: You pay close attention to all the little details.
Logical Thinker: You take a step-by-step approach to analyze information and solve problems.
Salary and Education
Nationally: ~ $104,000
Main education level: Bachelor's
source: US Dept of Labor
Find training for a career in Business
Business schools closest to Los Angeles, CA 90051 change location
See all schools offering Business training programs