Tag: accounting

Top jobs in Finance and Accounting

Are looking for a high-paying career? If yes then you should consider the different jobs in the banking and finance industry. Even though this is one of the most stressful fields, you are guaranteed of getting a good compensation. The following are the highest paying jobs in the banks. This article is also going to list all the qualifications needed for the various positions.

Budget analysis

This job is most suited for those individuals who enjoy monitoring and preparing budgets. These professionals work for organizations which create plans on how money is to be spent. Throughout the year, these professionals will be required to report on how money is being spent and make the necessary recommendations that would help in making spending more efficient. Individuals interested in working as budget analysts are required to have a bachelor’ s degree in economics, finance or any other related field. However, there are some employers who might demand the applicant to have a master’s degree and some year of work experience.

Credit Analysts

These are professionals who help banks and financial institutions in determining whether they can give loans. They do this by reviewing the credit profiles of each borrower. They can figure out if the borrower is capable of paying back the loan by studying his or her financial information. These professionals are also trained on how to use computer generated programs which are helpful in assessing the risk levels of the borrowers. They are also trained on how to assist their clients when they have issues. If you are interested in becoming a credit analyst, then you are required to have bachelor’s degree in accounting, financial or business field.

Bank manager

These are professionals who are in charge of the daily operations in the bank. This will include everything from managing employees to providing the customer. They are also responsible for selling the different products offered by the bank to their customers. Bank managers are required to have a bachelor’s degree in economics, business or accounting.

Relationship manager

These managers work with their clients to determine if the available services and products are fit for their needs. For instance, a relationship manager can help you in finding the best investment account or mortgage. These professionals are focussed on working with corporate or individual clients. This is a job which does not require any specific degree. However, one is supposed to have excellent selling and communication skills.