The banking industry is vast and has a lot of job openings in many different areas. Because the job market changes constantly, it’s hard to say how many jobs are open at any given time. However, you can get an idea of the variety of finance roles. Here is a general list of popular jobs in finance:
Jobs in banking:
Retail banker:
A job where you deal with customers in a shop.
Lending Officer:
Looks over loan requests and gives permissions.
Branch Managers are in charge of running a bank branch.
Relationship Manager:
This person is in charge of clients and their funds.
Dealing with investments:
Investment bankers help businesses join, buy other companies, and raise money.
Financial Analysts look at market changes and economic facts.
Equity Research Analysts look into stocks and make suggestions about them.
Asset Management Portfolio Manager oversees customers’ stock accounts:
The fund manager is in charge of both mutual funds and hedge funds.
Quantitative Analysts make models to figure out what will happen in the market.
Insurance Underwriter:
Looks at risk and sets insurance rates.
Claims Adjuster:
Looks over insurance claims and decides how much to pay.
Actuary:
Someone who looks at financial risks using numbers.
Advice and planning for money:
Financial planners help people with their finances.
Wealth Managers are in charge of high-net-worth people’s finances and financial plans.
Tax Advisor:
Gives tips on how to plan and file taxes.
Corporate Finance:
The financial controller oversees accounts and financial reports.
Treasurer:
This person is in charge of the company’s money and its debts.
Internal auditors look over and rate the effectiveness of internal financial systems.
Financial Technology (Fintech) Product Manager:
This person creates and oversees financial technology goods.
Blockchain Developer:
This person works on blockchain technology for business uses.
A data scientist looks at financial data to help make choices and develop new ideas.
Regulatory and Compliance Officer:
This person ensures that financial laws and rules are followed.
Risk manager:
finds and reduces financial risks.
Finance for Real Estate:
Real Estate Analysts look at real estate assets and market changes.
Home Broker:
Someone who helps people get home loans.
General Finance Roles:
Financial Consultant:
Gives strategy help and answers on money issues.
Budget Analysts oversee budgets and financial plans and look them over.
Statistics on Employment
From the Bureau of Labor Statistics (BLS): The U.S. Bureau of Labor Statistics says that more than 6.6 million people worked in the U.S. in the banking and insurance industry in 2023.
Trends in Job Growth: Job growth depends on the job and the place. For instance, the BLS says that jobs for financial analysts will grow 6% from 2021 to 2031. Overall, the banking industry is extensive and offers many work possibilities. They are all great places to look if you are looking for the most up-to-date information on finance jobs, job boards, company career pages, and industry studies.