Careers in Finance

Stan T.


Careers in Banking

Credit Analysts

analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decision making.
Salary: $82300
Degree: Bachelor's degree
Strong job growth
High job satisfaction


Loan Officers

evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.
Salary: $76270
Degree: Bachelor's degree
High job satisfaction


Credit Counselors

advise and educate individuals or organizations on acquiring and managing debt. May provide guidance in determining the best type of loan and explaining loan requirements or restrictions. May help develop debt management plans, advise on credit issues, or provide budget, mortgage, and bankruptcy counseling.
Salary: $49820
Degree: Bachelor's degree
Strong job growth
High job satisfaction


Loan Counselors

provide guidance to prospective loan applicants who have problems qualifying for traditional loans. Guidance may include determining the best type of loan and explaining loan requirements or restrictions.
Salary: $49820
Degree: No degree required
Strong job growth



Loan Interviewers and Clerks

interview loan applicants to elicit information; investigate applicants' backgrounds and verify references; prepare loan request papers; and forward findings, reports, and documents to appraisal department. Review loan papers to ensure completeness, and complete transactions between loan establishment, borrowers, and sellers upon approval of loan.
Salary: $41310
Degree: No degree required
Strong job growth


Credit Authorizers

authorize credit charges against customers' accounts.
Salary: $40670
Degree: Bachelor's degree


Credit Checkers

investigate history and credit standing of individuals or business establishments applying for credit. Telephone or write to credit departments of business and service establishments to obtain information about applicant's credit standing.
Salary: $40670
Degree: No degree required


Bill and Account Collectors

locate and notify customers of delinquent accounts by mail, telephone, or personal visit to solicit payment. Duties include receiving payment and posting amount to customer's account; preparing statements to credit department if customer fails to respond; initiating repossession proceedings or service disconnection; and keeping records of collection and status of accounts.
Salary: $38220
Degree: No degree required
Strong job growth
High job satisfaction



Tellers

receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution's various transactions.
Salary: $30140
Degree: No degree required



Careers in Business Finance

Treasurers and Controllers

direct financial activities, such as planning, procurement, and investments for all or part of an organization.
Salary: $146830
Degree: Master's degree
Strong job growth
High job satisfaction


Financial Managers

direct and coordinate financial activities of workers in a branch, office, or department of an establishment, such as branch bank, brokerage firm, risk and insurance department, or credit department.
Salary: $146830
Degree: Bachelor's degree
Strong job growth
High job satisfaction


Financial Analysts

conduct quantitative analyses of information affecting investment programs of public or private institutions.
Salary: $100990
Degree: Bachelor's degree
Strong job growth


Budget Analysts

examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.
Salary: $79830
Degree: Bachelor's degree



Tax Preparers

prepare tax returns for individuals or small businesses.
Salary: $46860
Degree: No degree required
Strong job growth



Careers in Investment

Personal Financial Advisors

advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives.
Salary: $121770
Degree: Bachelor's degree
Strong job growth
High job satisfaction


Investment Fund Managers

plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.
Salary: $115590
Degree: Master's degree
High job satisfaction


Securities and Commodities Sales Agents

buy and sell securities in investment and trading firms and develop and implement financial plans for individuals, businesses, and organizations.
Salary: $98770
Degree: Bachelor's degree
Strong job growth


Financial Services Sales Agents

sell financial services, such as loan, tax, and securities counseling to customers of financial institutions and business establishments.
Salary: $98770
Degree: No degree required
Strong job growth



Securities and Commodities Traders

buy and sell securities and commodities to transfer debt, capital, or risk. Establish and negotiate unit prices and terms of sale.
Salary: $98770
Degree: Bachelor's degree
Strong job growth


Risk Management Specialists

analyze and manage risk management issues by identifying, measuring, and making decisions on operational or enterprise risks for an organization.
Salary: $77580
Degree: Bachelor's degree
High job satisfaction


Investment Underwriters

manage communications or negotiations between corporate issuers of securities and clients regarding private equity investments. Underwrite the issuance of securities to provide capital for client growth. Negotiate and structure the terms of mergers or acquisitions.
Salary: $77580
Degree: Bachelor's degree
High job satisfaction


Fraud Examiners and Investigators

obtain evidence, take statements, produce reports, and testify to findings regarding resolution of fraud allegations. May coordinate fraud detection and prevention activities.
Salary: $77580
Degree: Bachelor's degree
High job satisfaction



Financial Quantitative Analysts

develop quantitative financial products used to inform individuals or financial institutions engaged in saving, lending, investing, borrowing, or managing risk. Investigate methods for financial analysis to create mathematical models used to develop improved analytical tools or advanced financial investment instruments.
Salary: $77580
Degree: Master's degree
High job satisfaction


Brokerage Clerks

perform duties related to the purchase, sale or holding of securities. Duties include writing orders for stock purchases or sales, computing transfer taxes, verifying stock transactions, accepting and delivering securities, tracking stock price fluctuations, computing equity, distributing dividends, and keeping records of daily transactions and holdings.
Salary: $53940
Degree: Bachelor's degree



Careers in Accounting

Accountants

analyze financial information and prepare financial reports to determine or maintain record of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.
Salary: $78820
Degree: Bachelor's degree
Strong job growth
High job satisfaction


Auditors

examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.
Salary: $78820
Degree: Bachelor's degree
Strong job growth
High job satisfaction



Careers in Insurance

Actuaries

analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.
Salary: $116250
Degree: Bachelor's degree
Strong job growth
High job satisfaction


Insurance Underwriters

review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
Salary: $76880
Degree: Bachelor's degree
High job satisfaction


Insurance Sales Agents

sell life, property, casualty, health, automotive, or other types of insurance. May refer clients to independent brokers, work as an independent broker, or be employed by an insurance company.
Salary: $67890
Degree: Bachelor's degree
Strong job growth


Property Claims Examiners

review settled insurance claims to determine that payments and settlements have been made in accordance with company practices and procedures. Report overpayments, underpayments, and other irregularities. Confer with legal counsel on claims requiring litigation.
Salary: $67540
Degree: Bachelor's degree
High job satisfaction



Insurance Adjusters and Investigators

investigate, analyze, and determine the extent of insurance company's liability concerning personal, casualty, or property loss or damages, and attempt to effect settlement with claimants. Correspond with or interview medical specialists, agents, witnesses, or claimants to compile information. Calculate benefit payments and approve payment of claims within a certain monetary limit.
Salary: $67540
Degree: Bachelor's degree


Auto Damage Appraisers

appraise automobile or other vehicle damage to determine repair costs for insurance claim settlement. Prepare insurance forms to indicate repair cost or cost estimates and recommendations. May seek agreement with automotive repair shop on repair costs.
Salary: $65510
Degree: Associate's degree


Insurance Claims Clerks

obtain information from insured or designated persons for purpose of settling claim with insurance carrier.
Salary: $42150
Degree: No degree required


Insurance Policy Processing Clerks

process applications for, changes to, reinstatement of, and cancellation of insurance policies. Duties include reviewing insurance applications to ensure that all questions have been answered, compiling data on insurance policy changes, changing policy records to conform to insured party's specifications, compiling data on lapsed insurance policies to determine automatic reinstatement according to company policies, canceling insurance policies as requested by agents, and verifying the accuracy of insurance company records.
Salary: $42150
Degree: No degree required




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