Education programmes of job
Nature of work
1–Review systems, regulations and laws and ensure compliance in:•Banking laws.
•Banking Policies and systems.
•Recommendations and proposals issued from the monetary and credit council, management committee, external auditor and internal audit department.
2-Reviewing accounting records and financial statements
•Controlling accounting records, financial statements and evaluate assets. Ensuring that monetary and credit council systems and international accounting standards are applied.
•Reviewing periodic reports which will be sent to Central Bank, Monetary and Credit council
•Mark periodic reports , data, and rules of conduct.
3-Ensuring of exists banking systems:
•credit, operational, liquidity, and repayment risks
•Fluctuations in exchange rates risks.
•Interest rate fluctuations risks.
•Fluctuations in securities prices risks
4-Ensuring of exists technology security system which include:
•Maintenance proper information system.
•Maintenance hardware and software.
•Alternative plans.
•Confidence.
5-Evaluate work of the internal audit department and internal control systems.
6-Control meeting with stockholders, top management, and any committees reports.
7-Prepare reports including recommendations and proposals.
Environment of work
In public and private banks:- This profession requires official long work hours ( with other departments )
- Banking Inspector profession is practiced in public and private banks.
- Banking Inspector profession is practiced based on:
- Banking Control Instructions No.1 date 13/8/2003 Internal Banking Inspector Admission System in the Syrian Arab Republic
- Banking Control Instructions No.2 date 13/8/2003 Internal Banking Inspector Statute System
- He/she individually work.
- The profession needs full-time or part-time work.
- This profession can be practiced by the men or women.
- This profession is practiced under the supervision and instructions of the monetary and Credit Council.
- It may require travelling to achieve the goals of this profession such as (Central Bank or Ministry of Finance….)
- This profession requires continuous access to developments economic, financial and legal.
- Environment work varied between office of banking inspector and other departments in the bank.
Professional life
- A Banking inspector is individually professional form external bank, Monetary and Credit Council choose him
- Initial per month Salary is 50000 S.P
- To choose the Banking Inspector concerned banks is a written request to the Office of Government for banks and the Monetary and Credit Council attached candidate names.
- A banking inspector may begin to work with banks in any department or work as an auditor or work in any banking or financial institution.
- Banking inspector does not work in bank but he candidate by the banks, so he can gain experience and competence that qualify for work as consulter with private or public banking and financial institutions.
- If a banking inspector gains experience and competence, he can creates a private work office that providing counselees to banking and financial institutions.
Getting the job
- You can gain this profession through study in the faculty of economic (Banking and Finance sciences or Accounting or Business Administration department or any certificate parallel in this area accepted by the Council of Money and Credit)
- Students in faculty of economic have to study verity courses that related to banking and finance sciences, accounting, or business administration.
- Practice of this profession adopts on process efficiency and scientific gained through study administrative and economic.
- He/she should have experience in accounting business.
- He/she should have experience and knowledge in Syrian and international accounting standards
- He/she should have experience and knowledge in commercial laws.
- He/she should have experience and knowledge in tax systems.
- This profession require not less than five years’ experience in banking business or auditing business at banking or financial institution for a period.
Skills
The Banking Inspector profession requires following skills:- The Syrian nationality since more than five years.
- Have all the civil rights and he is not doomed.
- It has not caused damage or loss of any institution
- He finished service military or exempted from them.
- He does not occupy any additional posts in banks under their control
- He does not occupy any other function are paid by salary or compensation from the State without the prior approval of the Council of Money and Credit
- He does not have relationship (nearly or affinity) with senior stockholders or top management.
- He does not be indebted to bank or any branch of bank.
- He does not employees of bank for than two years ago.
- Ability to work logically and systematically.
- Ability of management of time.
- Ability of analysis and conclusion.
- Ability to work within team.
- Ability to deal with modern techniques and methods.
- Ability to think creatively and mental agility.
- Ability to learn and develop himself.
- Performance of legal oath, which putted from Council of Money and Credit in front of a civil court.
Sources and references
- faculty of economic internal regulation -Aleppo University2011
- Banking Control Instructions No. 1 date 13/8/2003 Internal Banking Inspector Admission System in the Syrian Arab Republic
- Banking Control Instructions No.2 date 13/8/2003 Internal Banking Inspector Statute System