Finance jobs can be extremely lucrative for people with strong mathematical and analytical skills.
Finance is a broad industry that includes everything from banking and investments to financial technology, or Fintech as it is colloquially known. If you’ve been considering a career in finance but aren’t sure where to start, take a look at some of these high-paying finance jobs.
The following are the highest-paying finance jobs:
1. Investment banker (annual salary: $61,929)
Investment bankers manage the portfolios of companies and government agencies that invest in a variety of industries. These professionals assist clients in raising and investing capital in order to help the business achieve its financial growth objectives.
2. Information technology auditor (average salary: $63,412 per year)
IT auditors typically work for government agencies or private companies to ensure that the technology infrastructure meets compliance requirements as well as other enterprise IT requirements. They spend their days performing audits and should be skilled at it, which may necessitate certification.
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3. Compliance analyst (average salary: $64,443)
A financial professional who audits a company for compliance with various governing agencies’ standards. Because long-term economic stability and financial growth rely on established standards, the finance industry is highly regulated. Compliance analysts examine data, processes, and financial infrastructure to ensure compliance with regulations.
4. Financial advisor (average salary: $66,931)
These are professionals who assist customers in identifying short- and long-term financial goals and directing them to appropriate products. An insurance advisor’s responsibilities include being knowledgeable about insurance products, collaborating closely with underwriters and risk assessors, and serving as a primary point of contact for clients.
5. Insurance advisor (average salary: $67,263)
Insurance advisors assist customers in locating the best insurance products to meet their long- and short-term insurance needs, as well as providing guidance on purchasing decisions for insurance for people, homes, automobiles, investments, and other purposes.
6. Financial analyst (average salary: $69,419)
Financial analysts sift through financial data to assist business stakeholders in making sound financial decisions. They work for financial institutions such as banks, funds, insurance companies, and others to support customers’ purchasing decisions and needs across the country.
7. Senior accountant (average salary: $72,639)
Senior accountants are typically at the top of an accounting hierarchy and are in charge of day-to-day accounting duties. They are responsible for budget adherence, meeting accounting goals, and overseeing corporate expenditures.
8. Hedge fund manager (average salary: $98,256)
Hedge fund managers have similar responsibilities to investment bankers, but they work with higher risk and reward portfolios for investors who pool their money to invest in hedge funds. Hedge fund managers must monitor markets in order to protect investors, so they are up early and leave the office late. Hedge fund investing is not typically a full-time job.