Vocabulary Teacher’s Guide

1. Promotion: the ability to advance, to accept more responsibilities, and eventually to work your way up to higher positions.

2. Mortgage broker: is essentially a middleman between the borrower/homeowner and the bank or mortgage lender. They work directly with both the consumer and the bank to help borrowers get approved for a mortgage, whether it be a purchase or a refinance.

3. Loan officer: Representatives of banks, credit unions and other financial institutions that find and assist borrowers in acquiring loans.

4. Teller: is a bank staff member who deals directly with the public and handles routine banking transactions.

5. Data processor: is an entry-level administrative professional who utilizes a word or number processing device (e.g. computer or typewriter) to input statistics, documentation, lists or any other information into a filing system.

6. Trust officer: manages a financial account on behalf of someone else. They follow the explicit details of the written trust, communicate with all parties involved, and maintain the payments and receipts of the account.

7. Mutual fund manager: The person(s) responsible for implementing a fund's investing strategy and managing its portfolio trading activities.

8. Branch manager: is in charge of a sales office affiliated with a securities firm, supervising financial advisors and other personnel.

9. Financial planner: advises individuals on setting personal financial goals and strategies.

10. Commodities representative: is a firm or individual who executes orders to buy or sell commodity contracts on behalf of clients and charges them a commission.

11. Trader: who buys and sells financial instruments (e.g. stocks, options, futures, derivatives, currencies).

12. Financial consultant: is a professional who offers money management advice to individuals and businesses.

13. Credit Analyst: evaluate the worthiness or corporate customers, credit risk, and then set credit lines (and extend them as needed).