Archive for August, 2009

The company I work for is changing who I report to from the VP of Financial Services to someone only 6weeks?

Im their Systems Financial Manager and handle all their Accounts Payable’s and a list of other stuff. They are having me report to a new AR manager who has only been here 6 weeks and doesnt know much about her job ? My old boss who I did report 2 was the VP of Financial Services. I know more about the job then this new employee b/c I’ve been here for 2 years why would they do that??

It is sometimes difficult to understand changes in bosses. Some companies make good choices, others don’t. You will be judged on your loyalty and efforts. I would interpret that the VP you reported to has too much work and needs to spend less time involved in day to day details. Your new boss may not know as much, but the company also probably looked at you and realized you were knowledgeable and didn’t need a lot of supervision. Keep your new boss informed, don’t get in turf wars, seize this opportunity to shine.

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Do you think pressures on students today is causing them to become shooters?

High schools and colleges not dealing with peer pressure, family problems, financial issues and telling student that there future are at stake without giving them the skills to cope.

I feel that students need more student services in high school and colleges. High school students need services like personal counseling, financial aid, etc. And colleges need more personal counseling and financial help. Both institutions need more intervention in stress management and life skills development.

There have always been mean and crazy people. The solution would be to deal with them (eliminate them) early on, when they were first identified as antisocial misfits. Most of this type of thing could be prevented.

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What are the general credit requirements to work at a bank/credit union?

I had an interview today for a financial services position at a local credit union. the interview when spectacularly, I was the first of 4 candidates to be interviewed, but it was made known I had done very well and would like get an offer. I’m very interested in the job and loved the people I met there. However, towards then end of the interview they had mentioned you needed good credit to work there. If my credit isnt that great, roughly 580 score, with a defaulted student loan and minimal recent credit history, am I basically disqualified? What minimums do financial institutions look for, if I’m not going to be qualifie because of this, I would like to extend the courtesy of notifying them I am withdrawing my application from consideration. If anyone out there in banking HR has a good answer, I would truly appreciate it!

Banks usually do a credit check —A. To make sure your credit is half way decent so that you are not a risk. You will be working with money, so a reasonably responsible person financially is desired. —B. Usually the bank will require you to open an account in order to have your wages direct deposited. As long as your credit report isn’t a mile long in the red….you will probably do fine. Good luck!

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Has the single market affected competition in the financial services sector?

in your opinion, has the €/ single european market changed the way the financial services sector works?
affected competition? what do you think?

I think they have somewhat. You really have to be on your toes in business nowadays.

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How to market a personal financial planning and family budgeting, investing service on the net?

Hi,

I want to offer a personal financial planning service for young families, covering analysis of present financial condition, budgeting, investment and insurance planning, retirement planning etc.

Would welcome suggestions on marketing this service on the internet and also other media. My client base will be in India.

Considering social networking sites, groups, blogs, twitter etc.

Marketing costs to be minimal, as this will be a very low fee service.

http://www.boddunan.com/component/content/article/6-other/260-financial-planning-and-its-requirement.html?directory=3

FINANCIAL PLANNING AND ITS REQUIREMENT
Business & Finance

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