Investment banking is a great career choice if you love numbers and finance. Many job seekers with finance skills are attracted to this career because it offers a high salary and is a secure profession requiring expert knowledge and insight. Lets’ explore this guide for How many jobs are available in investment bankers brokers service!
This article will discuss the number of jobs available in Investment Bankers/Brokers Services and what it involves. We also profile some careers that you might want to consider.
What is the role of investment bankers?
Investment bankers raise money for companies.
Investment bankers are also responsible for buying and selling assets on behalf of a business, providing financial advice and auditing that company’s financial health.
Investment bankers are crucial in advising and assessing the risks of each investment opportunity that an organization encounters.
How many jobs are available in investment bankers brokers service?
According to the US Bureau of Labor Statistics, this sector will employ 466.900 people by 2021. It will also grow 10% between 2021-2031. This is an above-average rate of growth compared to other industries. It means the outlook for jobs in investment broker services is positive.
Many career paths are available in the sector. However, you should expect to need a bachelor’s degree. For many career paths, a Master’s Degree in Business Administration (MBA) may be required. It will allow you to take on positions with greater responsibility and have the chance to move up into senior management.
What is investment banking?
Investment banking is an important financial service which allows clients, such as governments, companies, organizations, and individuals, to raise capital by engaging in various activities. Securities trading, underwriting, mergers and purchases are all possible activities. Employees in investment banking services can also use their expertise to assess new investment opportunities and provide advice on risk.
Investment banking professionals must know about financial regulations, credit risk management, the right way to negotiate, the best process for structuring deals, and many other administrative skills. These skills can be acquired through a bachelor’s degree in a relevant field and from on-the-job training.
List of job types in investment banking/brokerage services
Here are ten investment banking jobs that you might be interested in:
Equity trader
Average salary in the United States: $86 680 per annum
Equity traders have a few primary duties. They must observe and analyze market trends and financial data and use this information, along with their extensive knowledge of the financial markets, to make educated decisions on when to buy or sell stocks for their clientele or employers. The primary goal of their role is to maximize returns and profits for a long period while minimizing the risk associated with investments.
Financial Consultant
Average salary in the United States: $73,281 per annum
The primary duty of a financial advisor is to provide advice and guidance in various economic matters. Clients are advised on the best ways to manage their finances. It can be as simple as using their expertise to make good investment suggestions to secure the best financial future for their clients. Direct discussions with clients will allow them to create a plan of action to help manage their finances and retirement plans.
Investment Executive
Average salary in the United States: $170.763 per annum
Investment executives’ primary duties include advising clients about their investments and formulating an investment strategy tailored to their financial goals and tolerance for risk. Investment executives use their extensive experience and continuous analysis of the financial markets to provide the best possible advice. After providing the funding, they regularly review their clients’ portfolios to assess their performance and report their findings to their clients.
Loan Officer
Average salary in the United States: $175.034 per annum
A loan officer is responsible for evaluating loan applications that businesses and individuals submit. They then make recommendations on whether to approve or deny the loan. The loan officer uses various tools to arrive at their conclusions, including analyzing the financial data provided by the applicant. These can include credit reports and income statements.
Asset Manager
Average salary in the United States: $84 398 per annum
Asset Manager is responsible for managing the portfolios of clients with high net worth, such as corporations and wealthy individuals. They can use their extensive knowledge of economic and financial trends to make investment decisions that maximize return while minimizing risk. It may also be necessary to communicate frequently with owners of portfolios to determine their goals, risk tolerance, and how long they intend to keep their assets in the broker’s hands.
Investment banker
Average salary in the United States: $83 948 per year
An Investment Banker is responsible for many duties. They may advise clients on mergers and acquisitions strategies and advise on initial public offerings (IPOs) and many other corporate finance transactions a company may undertake. They may also prepare and present financial reports to their clients and explain economic analysis to executives.
Risk management analyst
Average salary in the United States: $75,968 per annum
Principal duties: The primary responsibility of a risk analyst lies in identifying, evaluating and addressing the risks associated with the bank’s activities. They may include liquidity, financial, operational, and credit risks. To fulfill these duties, the analyst should conduct regular risk assessments to identify areas of concern. The analyst can communicate any areas of concern to the senior management and create a strategy for integrating solutions into future practices.
Equity Research Analyst
Average salary in the United States: $102,684 per annum
An equity researcher‘s primary duties are to conduct detailed research and analysis on other companies. Their knowledge of market trends and prior experience allows them to recommend whether the bank should purchase or sell stocks in these businesses. These findings can be presented in various ways to help their investment bank colleagues.
Analyst for mergers and acquisitions
Average salary in the United States: $125 511 per annum
A mergers and acquisitions analyst’s primary duties are to identify potential opportunities and provide financial advice on the best way to proceed with a merger or acquisition. These services may include creating predictive models, valuation analyses and any necessary negotiation assistance. Moreover, unions and analysts can use their expertise to perform due diligence on the deal and accurately complete all documentation.
Sales and Trading Associate
Average salary in the United States: $85 220 per annum
Sales and Trading Associates are primarily responsible for generating revenue for their bank. They can implement strategies for trading on financial instruments like bonds, stocks, and derivatives. Sales and trading associates must use their experience to balance certain trades’ potential rewards and risks.