Best Finance Startup Jobs
If you are looking for a job that can reap huge benefits for your future prospects as well as give you the opportunity to make a difference in this world, finance is one of the top fields to pursue. With such high demand, it is important to become educated on these jobs before handing your resume off to potential employers. To help out with this task, this post explores the best finance startup jobs with average pay and overview of work:
Equity Research Analyst: $123,000 – Up to $265K+
Equity research analysts specialize in analyzing current or potential shares for corporations and institutions. An average analyst generates about three reports per day that can range from 10-50 pages each – which equates to 1-3 hours of reading time per report. This is a very tedious job that requires a lot of work and commitment on the part of the analyst.
The job is split between writing and researching, as the researcher will follow up with the company listed to ensure that it is truthful in its public statements. Also, they will be in touch with various contacts to keep track of any new developments that could impact the company price. If you want to become an equity research analyst, good analytical skills are essential – though some formal training may be necessary.
3. Research Analyst: $87,000 – Up to $200K+
Research analysts begin by doing research on potential companies and have an interest in them as a whole. They are not simply concerned with the monetary goals of the company, but are also concerned with its social responsibility towards its employees, customers and investors.
They conduct research on industry developments and the economic factors that affect the company. The analysts will then analyze this data in order to provide insight into future profits and growth in order to determine a fair market value for the company. While it is a rewarding job, it is very time-consuming because they have to keep up with current trends that can sway both a positive or negative direction for how a firm conducts business.
4. Market Risk Analyst: $94,000 – Up to $275K+
Market risk analysts examine how an event will affect their portfolio, or the market in general. They do this by following up on all of the latest news and developments impacting a company’s stock. It is imperative that a market risk analyst be aware of every single possible scenario since they are responsible for ensuring that their investments are not at risk.
Though this job is very time-consuming and stressful, it is one of the highest paying jobs in finance with high bonuses and incentives based on your performance. If you are prepared to learn all there is about the market and take a huge interest in the financial world, then you will have no problem succeeding in this career.
Financial Analyst: $72,000 – Up to $155K+
The primary objective of a financial analyst is to ensure the accuracy of his or her data and the understanding of the current market environment. The analyst will use this information in order to provide forecasts and other data that can provide managers with useful information such as future pricing trends or possible mergers and acquisitions that could impact their firm’s performance.
To succeed in this position, you will have to learn about trends in the industry, competitive analysis and marketing techniques used by other firms. You will also need to be very analytical in order to provide accurate reports of the impact that different variables have on your firm’s performance. It requires intense dedication, but with a good bit of self-motivation, then you too could become a financial analyst.
Research Associate: $82,000 – Up to $175K+
Research associates conduct research throughout various departments at banks and private equity firms in order to ensure that their decisions are based on the correct data. They also work with financial models and performing statistical analysis throughout various stages of the research process. Once they move into senior-level positions they may perform qualitative studies based on economic factors or other data such as market segmentation.
It’s crucial to have a Bachelor’s degree in a quantitative field and at least two years of experience in the industry before you can become a research associate. Once you are part of a team, you will be partnered with analysts or other associates so that they can provide their expertise during your research process.
Credit Analyst
A credit analyst works with lending institutions to determine whether or not clients should be given loans based on their financial situation at the time. They examine data from past loans so that they can determine if this client will be able to pay back the loan amount in full and on time. They also discuss with other analysts to determine whether or not this person is a good fit for the loan, as well as check the credit score of this individual. For those who desire an average yearly salary of $54,000 and a challenging position, this may be a great option for you.
Information Analyst
Information analysts work with clients in order to determine how they can contribute to the success of their organization. They interpret data that is given to them by clients in order to determine how that client can best be helped. This requires excellent listening skills and an attention to detail in order to interpret data correctly. If you desire an average yearly salary of $66,000 and a challenging position, this may be your calling.
Merchant Banker
A merchant banker is responsible for researching the global economy and determining which companies are good investments. They conduct research on new industries and products to determine how they could help their clients grow. They also evaluate the potential risks of those investments and work to find solutions for those risks. To earn an average yearly salary of $90,000 and a challenging position, this may be the right choice for you.
Finance startup jobs are also known as niche jobs or niche careers. These are jobs that typically draw a small number of people who have a specific interest in the topic, and focus on startups, businesses, and any other related type of company. Many finance startup companies develop software to make their work easier for individuals and companies that are involved in the industry. The financial field is a growing industry with several opportunities for those who choose to enter it.