If you’re looking for a new career—or a career goal for when you finish college—you might want to consider the banking and finance industry. Not only are many of these jobs exciting and rewarding, but they are also unlikely to phase out of workforce, which means you’ll have almost certain job security. Following are six of the top jobs in banking and finance, which come with lucrative benefits and bonuses.
1. Financial Analyst
If you have a head for numbers and a stalwart attention to detail, you might want to consider becoming a financial analyst. As banking and finance jobs go, this is one of the more exciting options, because it allows you to assist business and individual clients with their investment portfolios. You’ll need a Bachelor’s degree in finance or statistics, and MBAs are strongly desired. The average salary including benefits and bonuses is just over $73,000 per year.
2. Financial Adviser
If you like working one-on-one with clients, you might want to become a financial advisor in the banking and finance industry. This job involves helping clients prepare for their futures, from investment advice to purchases to career changes. This is a great job for anyone with accounting or economics degrees, and successful individuals can strike out on their own as independent consultants. The average salary including benefits and bonuses is around $85,000.
No, you don’t have to work for the IRS to be a financial auditor. In the banking and finance industry, an auditor helps business clients to examine and correct financial reports, depending on their needs. Some auditors work in-house as employees, while others are outsourced consultants. Either way, you can make a decent living and provide your expertise to businesses in need. With benefits and bonuses, the average salary comes to about $72,000.
4. Loan Officer
If you enjoy helping people meet their financial needs, you can try out a loan officer career in the banking and finance industry. These professionals usually have a degree in accounting or general finance, and help customers fill out and submit loan applications, process loan applications, review credit histories and help customers select the right loans for their needs. The average salary after bonuses and benefits comes to around $58,000.
5. Collection Agent
This is more of the rotten side of the banking and finance industry, but collection agents are necessary to keep businesses from going bankrupt. A collection agent helps to settle past-due accounts with customers, sometimes offering payment plan solutions or writing letters to request payment. A high school education is all that’s required for this career, though experience in the financial world is certainly helpful. Collection agents can make around $30,000 after bonuses and benefits, though high commissions can increase this number considerably.
If you love to shop, a career as a buyer might be your ticket to the banking and finance industry. A buyer is responsible for scouting, trying and ordering new products for a store, usually in retail. Some buyers work for large department store chains like Macy’s and Dillard’s, while others work for smaller stores in a local capacity. Either way, they have to find the right products in the right price range, and can make an average of $55,000 after benefits and bonuses.