There is a huge range of jobs in the financial industry, from low-level to senior management posts. And while few jobs can be considered more stable than others, there are many highly paid jobs over the board.
Best Paid Jobs in Finance Consumer Services
To help you decide which job in the industry is best for you financially, we have composed a list of the best-paying jobs in finance and consumer services.
Financial managers are responsible for an organization’s financial health. They make financial plans and observe trends to make sure that the organization is meeting its small- and big-term financial goals.
Especially, financial managers grasp bachelor’s degrees in finance or an in a related field, and few hold professional certifications like Certified Public Accountants (CPAs) or Certified Financial Planners (CFPs). In the US, the average annual salary of financial managers is $121,750.
It is the duty of an investor bank employ to raise capital for customers through securities sales. They work with public and private companies and convince clients of mergers, acquisitions, and initial public offerings (IPOs).
Investment bankers especially have bachelor’s degrees in business or economics, and many hold an MBA or other degree. It is calculated that investment bankers earn an average of $106,000 per year.
Managers of portfolios are answerable for managing investment plans and portfolios for clients. They took decisions about how to resolve assets and choose investments that are in line with the client’s risk patience and objectives.
Especially, portfolio managers hold bachelor’s degrees in finance or others field, and many can be certified as Certified Financial Analysts (CFAs) or Certified Financial Planners (CFPs). The average annual salary for portfolio managers is $101,520.
Risk managers choose, perform, and manage risks that may harmfully affect an organization. They develop plans to minimize risks and work with other departments related to the organization to secure the risks which are being adequately managed on all scales.
Risk managers especially hold bachelor’s degrees in risk management or another field, as well as professional certifications such as Certified Risk Managers (CRM) and Associate in Risk Management (ARM). The average annual salary for risk managers is $98,570.
What are the Best Paid Jobs in the Consumer Services Industry?
In the consumer services industry, you can find many kinds of great paying jobs; including financial analysts and customer service respectively. The few are some of the best-paying jobs in the field:
Customer Service Representative:
In this character, you will guide customers with their buying decisions and provides them with information about items. This position is expected to pay an average salary of $32,000.
A financial analyst guides organizations and businesses with insight and guidance regarding financial resolution. Almost $85,000 per year is the expected annual salary for this post.
Accounting professionals are responsible for managing and observing a company’s finance. This post has an average salary of approximately $68,000 per year.
The auditor is here to verify the accuracy and compliance according to accounting laws of financial statements and records. Almost $70,000 is expected as salary for this position.
What are the Highest Paid Jobs for Finance Professionals?
The field of finance consumer services is one of the most profitable in the economy. However, how much funds can you expect to make in this choice and ever-changing field?
Finance consumer services professionals can find some of the highest paying jobs like:
- Investment Banking Analyst: $85,000 – $95,000
- Investment Banking Associate: $95,000 – $105,000
- Equity Research Analyst: $75,000 – $85,000
- Senior Financial Analyst: $85,000 – $95,000
- Financial Planning and Analysis Manager: $100,000 – $115,000
- What are the High Paid Jobs for Consumer Service Professionals?
Consumer service is an industry that consists of many other kinds of jobs, and earning potential varies widely depending on the position a person is in. Jobs that require a high level of education and experience tend to pay more than jobs that require an entry-level education.
There are many highly paid-jobs in consumer service, and the following are some of them:
- Consumer Relations Manager: Average salary $94,873 annually
- Customer Service Manager: Average salary of $85,674 annually
- Call Center Manager: Average salary $81,513 annually
- Client Services Manager: Average salary of $79,429 annually
- Customer Success Manager: Average salary of $73,251 annually
- What are the Paying Jobs in Finance Consumer Services USA?
- What are the Paying Jobs in Finance Consumer Services USA?
Chief Financial Officer:
It is estimated that the average annual salary of a Chief Financial Officer is $316,000 annually.
Any person who oversees a team of analysts that can earn upwards $309,000 annually if he/she is an expert in that field.
If you work in the finance industry as a risk manager, then you can expect to make about $283,000 annually.
The median annual salary of a financial analyst employed in the finance sector is about $279,000, which is higher than the national average.
Hedge Fund Manager:
It is calculated that hedge fund managers can earn an annual $275,000 on average whenever it comes to their job.
What are the Best Paying Jobs in Consumer Service?
Rather you consider a future in finance or consumer services. Then you may be searching what the best-paying jobs in industries are. Here is the list of the 10 highest-paying jobs in finance and consumer services, based on average annual salary:
- Investment Banker
- Financial Analyst
- Financial Manager
- Loan Officer
- Credit Analyst
- Insurance Underwriter
- Financial Planner
If you have an interest in securing a career in finance or in consumer services, here are the jobs that you should determine for. With an average annual salary of over $100,000, these posts offer great pay and chances for advancement.
Frequently Asked Questions:
What are the best-paid jobs in finance Industry & consumer services?
There is no difficult answer to this question because the best-paying jobs in finance consumer services vary depending upon the individual’s skill set, experience, and knowledge. However, some of the highly paid jobs in finance consumer services consist of investment banking, finance planning, and prosperity management.
What is the quality required for financial consumer services jobs?
There are some key skills required for financial consumer services jobs:
Excellent customer service skills: This is perhaps an important skill for any consumer financial Industry job. You will be dealing with customers daily, so you must be capable to provide them with outstanding service.
Strong communication skills: Another skill for consumer financial jobs is strong communication. You will need to be capable of effectively communicating with buyers, as well as other members of your team.
Attention to detail: Another skill for financial consumer services jobs is attention to detail. This job required you to be able to deal with a huge volume of customer inquiries and requests, so you must be able to pay good attention to detail.
Organizational skills: At last, consumer financial jobs also require good organizational skills. You will also need to be able to keep track of a large number of customer accounts, so you should be able to stay organized.
What are the job duties of financial consumer services posts?
There are many financial consumer service posts avail, but the most simple job responsibility includes providing data and guidance to customers, processing customer transactions, and maintaining records. Other simple responsibilities may consist of handling customer complaints, detecting fraud, and providing training & support to other customer service representatives.
What is an educational requirement for a financial consumer services job?
There are some different kinds of financial consumer services jobs, so the education requirements can vary regularly. Just like jobs that include working with customers to help them manage their finance may require a bachelor’s degree in finance or another related field. Jobs that include more technical aspects of financial consumers, such as investment analysis and financial plans may require a MA degree in finance or a related field.
What are the job outlook and growth prospects of finance consumer services positions?
The job outlook and growth prospects for finance consumer services positions are staying always good. The industry is estimated to grow at a rate of 7% through 2024, which is much faster than the median for all occupations. The demand for financial consumer services is got by the increase in the complexity of financial items and services, and the needs of consumers are able to access these services from any place.
CONCLUSIONS: The Best Paid jobs in Financial Consumer Services
Based on the information collected, such jobs are the best-paying jobs in financial consumer services are bank investors, financial analysts, and assistant financial advisors. All of these posts offer an average salary that is well above the average.
Further, all three of these posts are projected to experience above-average growth in the upcoming years. As result, persons with important skills and degrees should consider pursuing a career in finance consumer services.