Finance Jobs New York City: Best 15+ Options in 2022 (Updated)

finance-jobs-in-new-york
finance-jobs-in-new-york

Finance is a very competitive career field. This is due to its high-paying nature. Oftentimes, employees in the finance sector earn up to six or seven figures for the profession.

Even those at the bottom of the pyramid can expect to earn a good amount as an entry-level salary compared to other career fields.

The truth is, you may not land your dream job immediately. But, since it’s the finance industry, there’s enough opportunity for you to explore as you climb your way up.

Find out what finance jobs are available to you in New York City and if you qualify for them as you read through this article.

But first, let’s look at a general overview of finance.

Overview of Finance

Generally, finance is defined as the management of money. Investing, borrowing, lending, budgeting, saving, and forecasting are all examples of financial activities.

The finance industry provides a wide range of job opportunities to both professionals and beginners who possess the necessary skill sets and are actively involved in it.

A finance job isn’t all about money, even if it starts there. However, it is assumed that you will consider your interests and strengths as you satisfy your taste in the type of work that you will enjoy.

READ MORE: Entry Level Finance Jobs: Top 21+ for Newbies and Professionals

Finance Jobs in New York City

New York City has been the driving force behind the state of New York’s job growth. Since the end of the recession, job growth in the city has outpaced that of the state (and the nation).

Despite accounting for less than half of the jobs in the state in 2009, the City has been responsible for more than two-thirds of the statewide job gains since then.

Since 2009, business services, leisure and hospitality, and health care have accounted for 60% of job growth.

While job growth in New York City remains strong, there are national and global economic risks that could slow future growth. Because of the recession, New York City lost 98,600 jobs in 2009.

Since that time, the City has added820,400 jobs, more than in any previous expansion, and nearly double the number added in the 1992-2000 job expansion, which was the prior record-holder.

There are various finance jobs in New York City and they include the following. Kindly note that the salary prices are as seen on Glassdoor, Salary.com, Indeed, and ZipRecruiter.

READ MORE: How to Finance a Startup Small Business in 2022 (Top 13+ Options)

#1. Actuarial Analyst:

Actuarial analysts use statistical modeling and risk management strategies to develop financial projections, cost-benefit analyses, and insurance plans.

They can work in a variety of industries but are mainly employed in the financial services and insurance sectors.

This is a highly analytical role, requiring a great deal of data assessment and a keen understanding of probability and risk mitigation.

In New York, an actuarial analyst earns $83,496 / yr.

#2. Junior Financial Analyst Contractor

A junior financial analyst is an entry-level role that is responsible for analyzing the financial position of a company and recommending relevant policy actions by collecting, mining, monitoring, and studying data.

In New York, a junior financial analyst earns $64, 553 / yr.

#3. Financial Planning Associate

The Financial Planning Associate is an entry-level position that provides technical and client service support for Financial Planners and Wealth Managers.

In New York, a financial planning associate earns $76,543 / yr.

READ MORE: Personal Finance: Basics, Importance, Types, Management ( + Free Software)

#4. Investment Reporting Analyst

The investment reporting analyst is responsible for electronic and manual data aggregation, reconciliation, performance calculation, analysis, and reporting, Operations, transactions, internal and external account and investment documentation, and investment statements and reports.

In New York, a financial planning associate earns $107,102/ yr.

#5. Human Resources Coordinator

A human resources (HR) coordinator is a professional who completes administrative duties for the human resources department of an organization.

They assist HR managers with recruitment, maintain employee records, assist with payroll processing and provide administrative support to all employees.

In New York, the salary of a human resources coordinator is $67,909/yr.

Corporate Finance Jobs In New York

Corporate finance professionals typically manage an organization’s day-to-day finances, which may include budgeting, statement preparation, loan payments, and investment decisions.

Their careers vary in terms of responsibilities and qualifications, and because of this, you may find something that is best suited to your interests.

There are four main types of jobs in corporate finance, which are as follows:

#1. Treasury

Treasury jobs are in charge of the company’s financial health. They may also be in charge of how the company forms and allocates its resources.

Individuals in these positions may be responsible for managing cash flow, making investment decisions, protecting equity, issuing debt, and planning for future operational expenditures.

In New York, the salary of a treasurer is $263,114/ yr.

#2. Financial planning and analysis

Budgeting, trend analysis, key performance indicator (KPI) formulation, and forecasting are all responsibilities of financial planning and analysis (FP&A) professions.

They must collaborate with everyone in the company whose job has an impact on the organization’s operations, from accounting to corporate development.

In New York, the salary of a treasurer is between $155,452 and $209,696 per year.

READ MORE: MASTERS IN FINANCE PROGRAM: Syllabus, Jobs, Degrees & Top Picks

#3. Corporate development

Corporate development positions focus on expanding the company through methods such as mergers and acquisitions.

People in these jobs are frequently responsible for identifying attractive companies to acquire, obtaining merger details from a larger corporation, and setting up the financial components of the deals.

Corporate growth entails a significant amount of strategy and collaboration with other sectors of the organization.

In New York, the salary of a corporate development professional is $82,133/yr.

#4. Investor relations

Investor relations positions are not available at every company, but those who work in this field oversee policies such as dividends and stock buybacks.

They also use financial modeling to investigate any equity options for the company.

In New York, the salary of a corporate development professional is $83,253 /yr.

Finance Jobs Houston

Houston has an unemployment rate of 8.0%. The US average is 6.0%. Houston has seen the job market increase by 3.2% over the last year.

Future job growth over the next ten years is predicted to be 30.9%, which is lower than the US average of 33.5%. There various finance jobs available in Houston and they include:

#1. Financial analyst

Financial analysts are responsible for financial planning, analysis, and projection for companies and corporations.

The forecast future revenues and expenditures to establish cost structures and determine capital budgeting for projects.

Senior-level financial analysts work with CFOs and other executive-level team members to set company-wide investment direction and policies.

In Houston, the salary of a financial analyst is $91,366 /yr.

#2. Investment Banking Analyst

The main responsibility of an Investment Banking Analyst is to review and analyze data for investment banking portfolios.

Their assessment of transactions and financial areas, such as the performance of stocks and bonds, as well as credit trends allow them to make informed recommendations to investment bankers.

In Houston, the salary of an investment banking analyst is $90,590 /yr.

#3. Compliance underwriter

Examine documents to determine the degree of risk from factors such as applicant health, financial standing and value, and condition of the property.

Decline excessive risks, Write to field representatives, medical personnel, or others to obtain further information, quote rates, or explain company underwriting policies.

In Houston, the salary of a compliance underwriter is $145,350/yr.

READ MORE: MASTERS IN FINANCE DEGREE:

#4. Financial reporting accountant

Financial reporting accountants research accounting rules and regulations and make recommendations regarding company policy.

They are responsible for the public reporting of a company or organization’s financial status. This work involves collecting and maintaining data, detecting trends, and forecasting future needs.

In Houston, the salary of a Financial reporting accountant is between $57,713 and $74,260 per year.

What is the job of a finance?

Different finance positions exist, such as investment banker, actuary, portfolio manager, quantitative analyst, securities trader, and financial planner, among others.

What is the hardest finance job?

Some financial recruiters have listed the following positions as being the most difficult and competitive to fill: controllers (especially hedge fund controllers), tax managers, fund and senior-level accountants, and valuation analysts.

Do finance jobs pay well?

Jobs in the finance sector can be satisfying and, in some situations, well-paying. They are therefore in high demand, with entry standards that are as demanding as certain wages plus bonuses.

Is it hard to work in finance?

You must demonstrate your ability to handle the notoriously demanding nature of the finance profession, especially at the younger levels. Good references are always crucial, but impressing your supervisors during an internship is a terrific way to open doors for a future full-time position with that organization.

Finance Jobs Boston

The U.S. Bureau of LaborStatistics reported that Boston’s employment rate as of May 2021 increased by about 10.6%.

Opportunities in Boston are beginning to increase after the coronavirus pandemic.  Several finance jobs in Boston are available for and they include:

#1. Associate Financial Analyst

Associate financial analysts are in charge of analyzing financial information on behalf of their company.

They are responsible for conducting and processing large amounts of financial data regularly. They create detailed reports based on their observations and analysis results.

In Boston, the salary of an associate financial analyst is $68,015/yr.

#2. Private wealth associate

Researching market trends and assisting with the development of investment plans in collaboration with the wealth manager.

Managing relationships with clients on behalf of the wealth manager. Providing support on products and services to the wealth manager and our clients.     

In Boston, the salary of a private wealth associate is $55,916/yr.

#3. Investment reporting analyst

The investment reporting analyst will be responsible for electronic and manual data aggregation, reconciliation, performance calculation, analysis, and reporting.

Operations, Transactions, internal and external account and investment documentation, and investment statements and reports.

In Boston, the salary of a private wealth associate is $100,309/yr.

READ MORE: FINANCE JOBS: Best Of Finance Job 2022 {updated}

#4. Commercial real estate analyst

Real estate analysts research and evaluate conditions in the commercial and/or residential real estate industry.

Industry conditions you may research and analyze include data on local, regional, national, and/or international sales, acquisitions, trends, and occupancy.

Other available finance jobs in Boston include Analyst portfolio retention, Underwriting account representative, Catastrophe risk management co-op, Finance services technician, Portfolio administration coordination, Trust entry-level recruiting associate, and Financial market info and data analytics, associate.

Finance Jobs in Seattle

Seattle has been the envy of the nation, adding jobs and residents faster than nearly every major city most years since 2010.

Unfortunately, greater Seattle was the first area in the nation to be impacted by COVID-19. Because of the growth of the tech sector and the area’s diverse, talented, and educated workforce, Seattle will have advantages over other cities in the years ahead. Still, a full recovery will likely take two or more years.

Many of the industries hit hardest are in sectors dependent on foot traffic and visitors. With most office employees working from home and a once-thriving visitor industry decimated by the pandemic, businesses in the downtown core face ongoing challenges.

This especially impacts people in lower-income job categories, those who can least afford it. The following are finance jobs available in Seattle:

READ MORE: MSC FINANCE: Best online and onsite picks for 2022(+ quick how to apply guide)

#1. Product manager

The Product Manager is responsible for the product planning and execution throughout the Product Lifecycle, including gathering and prioritizing product and customer requirements, defining the product vision, and working closely with engineering, sales, marketing, and support to ensure revenue and customer satisfaction goals are met.

The Product Manager also ensures that the product supports the company’s overall strategy and goals.

In Seattle, the salary of a product manager is $118,457/yr.

#2. Application analyst

Application analysts are responsible for the administration, monitoring, and maintenance of software infrastructures and applications.

You’ll oversee practices and processes to ensure integrity, safety, and availability of all data and applications as part of an organization’s information systems.

In Seattle, the salary of an application analyst is $87,696 /year.

Finance Jobs in San Francisco

Despite its high cost of living and an occasional street protest, people are moving to San Francisco in growing numbers.

The City by the Bay grew during the last U.S. recession. And population and job growth have accelerated since the economic recovery began in 2010, the latest government data shows.

The city added 15,000 new residents between 2007 and 2011, according to the U.S. Census Bureau, even as the financial crisis was shredding home prices.

Once the U.S. economy began growing again between 2010 and 2012, San Francisco added another 20,000 residents and is now home to 825,000 people.

The increase in the population of people has resulted to increase employment opportunities. There are several financial jobs in San Francisco and they include corporate finance association, Sales finance Association, financial analyst, and so on.

READ MORE: Student Finance: A Complete How-to-Apply Guide

Do you need a degree to work in finance?

For the majority of positions in the financial industry, a finance or business degree is required. However, what if you don’t have one and want to work in this industry? There is still hope even though getting a career in finance is harder for someone with a degree in something other than finance.

Are finance jobs happy?

According to the report The Secrets of the Happiest Companies and Employees, employees in the banking industry typically experience lower levels of workplace happiness than those in other professions.

How many years is a finance degree?

The most typical requirement for anyone interested in a career in finance is often a bachelor’s degree. You can earn this degree in four years and will be equipped with the core knowledge required to work in the field of finance.

Is finance a skilled job?

Stakeholders may manage and traverse financial decision-making and problem-solving with the help of finance skills, which are both soft and hard abilities.

Finance Jobs Denver

Denver has an unemployment rate of 7.1%. The US average is 6.0%. Denver has seen the job market increase by 2.8% over the last year.

Future job growth over the next ten years is predicted to be 45.0%, which is higher than the US average of 33.5%.

There are several finance jobs available in Denver which include: Investment Center Advisor, Enterprise Risk Analyst, Real Estate/Public Finance Attorney – Multiple Offices, Senior Financial Accountant financial manager, Corporate Controller, and so on.

Bottom line

I hope this article explains to you all you need to know about finance jobs in New York. If you have any questions or suggestions, kindly let me know in the comments section.

All the best!

Recommendation

0 Shares:
Leave a Reply

Your email address will not be published.

You May Also Like