Types Of Careers In Finance

By Author: Sam Richard
Total Articles: 5
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The finance industry offers great opportunities of growth, along with well paid reward packages and fascinating work environments. Depending on the career that you choose for yourself, you will be expected to work at a desk or travel around to meet an array of clients belonging to a range of industry verticals. Here are some of the most lucrative financial careers to choose from –

1. Banking –

Within the banking industry itself, there are a variety of financial careers to choose from. Most of them involve advisory services from an investment, legal or accounting perspective. Depending on your academic qualifications and professional background you can pick a career at a variety of levels in the clerical as well as management space. Some demanding careers in banking belong to treasury management, customer service, computing, insurance, investment management and trade finance.

2. Investment and Portfolio Management –

Careers in investment and portfolio management typically involve management of individual investment portfolios from a financial advisory perspective or the management of trusts. ...
... You could choose to work on a position that involves a lot of client interaction, who are either individual or institutional investors or you could consider a career in the administrative aspect of investments, where you support sales and purchase of financial instruments, compliance and research.

3. Accounting Careers –

Business of all shapes and sizes from your local shops to banks, mining companies, and e-commerce giants are always in the need for Vancouver based bookkeeping and accounting experts who are able to help them with the documentation and paperwork of their company’s finances and guide them through their taxation and compliance of other regulations. This career allows professionals to expose themselves to various working environments and systems across industries and demand a lot of number crunching, strategy and analytical skills.

4. Insurance –

As a professional in this field you can consider taking up a profession in brokerage, claims management, underwriting, customer service, sales, actuarial science, risk management, compliance and adjustment of losses. You can choose to detail with retail as well as wholesale insurance. For example, retail insurance typically involves covers for health, travel, house, life and wholesale insurance is a more specialized space which involves covering the eyesight of a pilot, or a company against natural disasters.

5. Non Banking Financial Institutions –

Non banking financial institutions offer a host of services that are much like banks, with the difference being that they do not take any deposits from the public. Their services usually revolve around transactions related to foreign exchange, specialized loans, etc. Careers in this space depend on the area of specialization that you wish to venture into.

In addition to this, you can also consider a career in the statutory or regulatory sector where you can leverage your legal, accounting of technical background to provide your services to the government. You can also join a firm that is involved in supporting the integrity of the financial industry. Speak to industry experts to understand the correct route in the financial sector that will match your skills, interests and allow you to build a progressive and sustainable career for yourself.

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