Description
Supervise and review banking activities such as lending and other transactions to ensure legality of these actions.
Alternative labels
monitor financial affairs
monitor investment activities
monitor economic affairs
Skill type
skill/competence
Skill reusability level
occupation-specific
Relationships with occupations
Essential skill
Monitor banking activities is an essential skill of the following occupations:
Financial auditor: Financial auditors collect and examine financial data for clients, organisations and companies. They ensure the financial data is properly maintained and free of material misstatements due to error or fraud, that it adds up, and functions legally and effectively. They review lending and credit policies or numbers in databases and documents, evaluate, consult and assist the source of the transaction if necessary. They use their review of the client’s financial governance as assurance to give testimony to the shareholders, stakeholders and board of directors of the organisation or company that all is up to par.
Optional skill
Monitor banking activities is optional for these occupations. This means knowing this skill may be an asset for career advancement if you are in one of these occupations.
References
- Monitor banking activities – ESCO
