SPECIFICATION REPORT II.USER Bank is a lawful organization, which accepts deposits that can be withdrawn o n Demand.

It also lends money to individuals and business houses that need it. 1. ROLE 1.1. Accountants and Auditors Help to ensure that firms are run efficiently, public records kept accurately, a nd taxes paid properly and on time. They analyze and communicate financial information for various entities such as companies, individual clients, and Federal, State, and local governments. Beyond carrying out the fundamental tasks of the occupationproviding information to clients by preparing, analyzing, and verifying financial documents. Many accountants also offer budget analysis, financial and investment planning, information technology consulting, and limited legal services. 1.2. Bill and Account Collectors Attempt to collect payment on overdue bills. Some are employed by third-party co llection agencies, while othersknown as in-house collectorswork directly for the o riginal creditors, such as mortgage and credit card companies, healthcare provid ers, and utilities. They review terms of sale, or credit contracts. Good collectors use their listen ing skills to attempt to learn the cause of delinquencies. They generally have the authority to offer repayment plans or other assistance t o make it easier for debtors to pay their bills. In many cases, they are able to find payment solutions that will allow the debto r to pay off their accounts. They may also offer simple advice or refer customer s to debt counselors. 1.3. Bookkeeping, Accounting, and Auditing Clerks They update and maintain accounting records, including those which calculate exp enditures, receipts, accounts payable and receivable, and profit and loss They record all transactions and post debits (costs) and credits (income). They also produce financial statements and prepare reports and summaries for sup ervisors and managers. Bookkeepers prepare bank deposits by compiling data from cashiers, verifying an d balancing receipts, and sending cash, checks, or other forms of payment to the bank. Additionally, they may handle payroll, make purchases, prepare invoices, and ke ep track of overdue accounts. Accounting clerks have more specialized tasks. Their titles, such as accounts pa yable clerk or accounts receivable clerk, often reflect the type of accounting t hey do. In addition, their responsibilities vary by level of experience. Entry-level acc ounting clerks post details of transactions, total accounts, and compute interes t charges. They also may monitor loans and accounts to ensure that payments are up to date. More advanced accounting clerks may total, balance, and reconcile billing vouche rs; ensure the completeness and accuracy of data on accounts; and code documents according to company procedures. Auditing clerks verify records of transactions posted by other workers. They check figures, postings, and documents to ensure that they are mathematical ly accurate, and properly coded. They also correct or note errors for accountants or other workers to fix. 1.4. Credit Authorizers, Checkers, and Clerks Review credit history and obtain the information needed to determine the creditw orthiness of individuals or businesses applying for credit. 1.5. Tellers

 Bank tellers are responsible for quickly and accurately processing routine trans actions that customers conduct at banks. Routine transactions include cashing checks and making deposits, loan payments, and withdrawals. 1.6. Loan Officers Facilitate lending by finding potential clients and helping them to apply for lo ans. Loan officers gather information to determine the likelihood that individuals an d businesses will repay the loan. Loan officers may also provide guidance to prospective borrowers who have proble ms qualifying for traditional loans. For example, loan officers might determine the most appropriate type of loan for a particular customer and explain specific requirements and restrictions associ ated with the loan. Loan officers usually specialize in commercial, consumer, or mortgage loans. Commercial or business loans help companies pay for new equipment or expand oper ations. Consumer loans include home equity, automobile, and personal loans. Mort gage loans are loans made to purchase real estate or to refinance an existing mo rtgage. 1.7. Financial Analysts Provide guidance to businesses and individuals making investment decisions. Financial analysts assess the performance of stocks, bonds, commodities, and oth er types of investments. Also called securities analysts and investment analysts , They work for banks, insurance companies, mutual and pension funds, securities f irms, the business media, and other businesses, making investment decisions or r ecommendations. Financial analysts study company financial statements and analyze commodity pric es, sales, costs, expenses, and tax rates to determine a company's value by proj ecting its future earnings. They often meet with company officials to gain a better insight into the firms pr ospects and management. 1.8. Financial Managers Include controller, treasurer or finance officer, credit manager, cash manager, risk and insurance manager, and manager of international banking. Controllers direct the preparation of financial reports, such as income statemen ts, balance sheets, and analyses of future earnings or expenses, that summarize and forecast the organization s financial position. Controllers also are in charge of preparing special reports required by regulato ry authorities. Often, controllers oversee the accounting, audit, and budget dep artments. Treasurers and finance officers direct their organization s budgets to meet its financial goals. They oversee the investment of funds, manage associated risks, supervise cash management activities, execute capital-raising strategies to supp ort the firm s expansion, and deal with mergers and acquisitions. Credit managers oversee the firm s issuance of credit, establishing credit-ratin g criteria, determining credit ceilings, and monitoring the collections of pastdue accounts 1.9. Customer Service Representatives Provide a valuable link between customers and the companies who produce the prod ucts they buy and the services they use. They are responsible for responding to customer inquiries and making sure that a ny problems they are experiencing are resolved. Although most customer service representatives do their work by telephone in cal l centers, some interact with customers by e-mail, fax, post, or face-to-face.

1.10. Personal Financial Advisors Assess the financial needs of individuals and assist them with investments, tax laws, and insurance decisions. Advisors help their clients identify and plan for short-term and long-term goals . Advisors help clients plan for retirement, education expenses, and general inves tment choices. Many also provide tax advice or sell insurance. Although most planners offer advice on a wide range of topics, some specialize i n areas such as retirement and estate planning or risk management.

Personal financial advisors usually work with many clients and often must find t heir own customers. Many personal financial advisors spend a great deal of their time marketing thei r services. Many advisors meet potential clients by giving seminars or through b usiness and social networking. Finding clients and building a customer base is one of the most important aspect s of becoming a successful financial advisor. Financial advisors begin work with a client by setting up a consultation. This i s usually an in-person meeting where the advisor obtains as much information as possible about the client s finances and goals. The advisor creates a comprehensive financial plan that identifies problem areas , makes recommendations for improvement, and selects appropriate investments com patible with the client s goals, attitude toward risk, and expectation or need f or investment returns. Advisors sometimes seek advice from financial analysts, accountants, or lawyers. 1.11. Computer Network, Systems, and Database Administrators Network architects or network engineers are the designers of computer networks. They set up, test, and evaluate systems such as local area networks (LANs), wide area networks (WANs), the Internet, intranets, and other data communications sy stems. Systems are configured in many ways and can range from a connection between two offices in the same building to globally distributed networks, voice mail, and e -mail systems of a multinational organization. Network architects and engineers perform network modeling, analysis, and plannin g, which often require both hardware and software solutions. For example, setting up a network may involve the installation of several pieces of hardware, such as routers and hubs, wireless adaptors, and cables, as well a s the installation and configuration of software, such as network drivers. These workers may also research related products and make necessary hardware and software recommendations, as well as address information security issues. Network and computer systems administrators design, install, and support an orga nizations computer systems. They are responsible for LANs, WANs, network segments, and Internet and intranet systems. They work in a variety of environments, including large corporations, small busi nesses, and government organizations. They install and maintain network hardware and software, analyze problems, and m onitor networks to ensure their availability to users. These workers gather data to evaluate a systems performance, identify user needs, and determine system and network requirements. Systems administrators are responsible for maintaining system efficiency. They ensure that the design of an organizations computer system allows all of the components, including computers, the network, and software, to work properly to gether. Administrators also troubleshoot problems reported by users and by automated net work monitoring systems and make recommendations for future system upgrades. Many of these workers are also responsible for maintaining network and system se

curity. Database administrators work with database management software and determine way s to store, organize, analyze, use, and present data. They identify user needs and set up new computer databases. In many cases, datab ase administrators must integrate data from old systems into a new system. They also test and coordinate modifications to the system when needed, and troub leshoot problems when they occur. An organizations database administrator ensures the performance of the system, un derstands the platform on which the database runs, and adds new users to the sys tem. Because many databases are connected to the Internet, database administrators al so must plan and coordinate security measures with network administrators. Some database administrators may also be responsible for database design, but this ta sk is usually performed by database designers or database analysts. Computer security specialists plan, coordinate, and maintain an organizations inf ormation security. These workers educate users about computer security, install security software, monitor networks for security breaches, respond to cyber attacks, and, in some c ases, gather data and evidence to be used in prosecuting cyber crime. The responsibilities of computer security specialists have increased in recent y ears as cyber attacks have become more sophisticated. Telecommunications specialists focus on the interaction between computer and com munications equipment. These workers design voice, video, and data-communication systems, supervise the installation of the systems, and provide maintenance and other services to clie nts after the systems are installed. They also test lines, oversee equipment repair, and may compile and maintain sys tem records. Web developers are responsible for the technical aspects of Web site creation. Using software languages and tools, they create applications for the Web. They identify a sites users and oversee its production and implementation. They determine the information that the site will contain and how it will be org anized, and may use Web development software to integrate databases and other in formation systems. Some of these workers may be responsible for the visual appearance of Web sites. Using design software, they create pages that appeal to the tastes of the sites u sers. Webmasters or Web administrators are responsible for maintaining Web sites. They oversee issues such as availability to users and speed of access, and are respo nsible for approving the content of the site. Webmasters also collect and analyze data on Web activity, traffic patterns, and other metrics, as well as monitor and respond to user feedback. 1.12. Branch manager Oversees a division or office of a large business or organization, operating loc ally or with a particular function. Their responsibility is to ensure that payments to employees are correct, their vacation pay arrives on time and they receive proper care if they are injured wh ile working. In banking, a branch manager is responsible for all functions and staff within t he branch office.