Highest Paying Finance Jobs

Not only investing and trading in finance but also some such jobs from which we can earn regular income up to lakhs.

The finance industry is one of the world’s biggest industries in which the pay scale is very high.

Know about those jobs one by one.

So what are those finance jobs and what is the average salary package, we will know in this article?

1. Credit analyst

2. Financial analyst

3. Financial risk Management

4. Asset Management

5. Investment Banking

 

1. Credit analyst: 

The one whom any company hires to analyze financial clients is a Credit analyst. 

A person employed to assess the credit ratings of individuals or businesses.

Let us know what is the role of a credit analyst in a company.

So suppose Adani and Aditya Birla companies’ bonds have been issued. Right now both companies are doing well and are performing well, so here we will have a little confusion as to which type of money should we invest or whose bonds should we buy. 

So here comes the role of credit analyst-

credit analyst checks-

The balance sheet of the companies.

Payment history.

Asset and Liabilities.

Then he decides the better the credit performance, the better the company to invest.

Credit analyst Salary: 12-15 Lakhs Per Annum.

So, if you want to make your future credit analyst then this can be a good option.

 

2. Financial analyst

The job of a Financial analyst is responsible to formulating various financial aspects and analyzing their success or failure.

Financial analysis is such a career option, after adopting which no student fails in his life, every person achieves a better position. There are many such career options in this field, in which students can get good jobs. In today’s time, apart from banks, finance departments of central and state governments, financial research institutes, public sector undertakings, and various government educational institutions, many private companies provide jobs in this field.

The job of the financial analyst:

1. Evaluating risk in investment portfolios and helping to limit potential losses.

2. Select a mix of products, industries, and sectors for your company’s investment portfolio.

3. Working with spreadsheets and specialized software packages to analyze data and develop forecasts.

4. Fund managers work exclusively with hedge funds or mutual funds.

5. Rating analysts evaluate the ability of companies or governments to pay their debts, including bonds.

Risk analysts evaluate risk in investment decisions and determine how to manage unpredictability and limit potential losses.

Financial analyst Salary: 9-10 Lakhs Per Annum.

 

3. Financial risk Management

In simple words, risk management is the process in which any organization manages equal or very small losses and maximum profits from its transactions. Every organization tries to keep the risk minimum in the ups and downs of business. Therefore, a risk manager is a person responsible for managing event risk for an organization. Now operational risk has also been included in this area.

The risk manager manages the risk of an organization, its employees, customers, reputation, property, and the interest of stakeholders. A risk manager identifies threats to an organization, assesses them, and develops plans if things go wrong.

Functions of Risk Manager

  • Identify risk
  • risk observation
  • Selection of best practices to deal with the identified risk
  • Implementing Risk Management Method
  • Continuous overview and operation of the program

Skills

It is very important to have certain skills in a risk manager, some of which are listed below:

  • communication
  • problem-solving
  • analytical skills
  • Enterprise Risk Management
  • strategic management
  • Leadership
  • Project management
  • Writing
  • Negotiation

Financial risk Management Salary: 9-10 Lakhs Per Annum.

 

4. Asset Management

Asset Management hires, to manage funds for the company and individual. 

Let us understand this with an example:

As we invest money in mutual funds and we know that our money in the mutual funds is managed by fund managers only. So these fund managers basically manage the funds or assets of that company in which the money deposited in this company is invested in the share market or bonds to let them grow.

So here the work of an Asset Manager is that which way we can increase the total wealth of the company.

Asset Management Salary: 10-13 Lakhs Per Annum.

So, if you want to make your future Asset Management then this can be a good option.

 

5. Investment Banking

It is in high demand in the market at this time and in the field of finance, it’s a higher pay job. 

If you are interested in the banking or finance sector, then an investment banker job can be a good career for you. To make a career in investment banking, you must have a bachelor’s degree in business administration or finance.

An investment bank is a private company that provides finance and other services to corporations, individuals, and governments. It provides services such as raising financial capital by underwriting or acting as an agent of the client in the issue of securities.

First, let us know what investment bankers do.

Suppose a huge company like tata wants to recover any other company then the investment bankers ready the report of equity structure and current market evaluation etc. of that company.

On the basis of which acquisition is done and only investment bakers suggest to the company whether the company should be acquired or not. 

Second, suppose a huge company startup and has to launch its IPO. So, how many shares should issue in the market, and what should be their value? It’s all decided by the Investment manager. In finance language, we called that book running.

Investment Banking Salary: 10-13 Lakhs Per Annum.