You’re interested in finding a high-paying job in finance consumer services. We don’t blame you—these jobs offer stability, security, and a whole lot of upside potential.
But with so many options to choose from, how do you know which one is right for you? We’ve got you covered. Below, we’ve compiled a list of the 10 best-paying jobs in finance and consumer services. So whether you’re just starting out in your career or you’re looking to make a move, read on for some inspiration.
Introduction
We’ve put together a list of the 10 best-paying jobs in this exciting and rapidly-growing field. These positions offer excellent salaries and excellent opportunities for career growth. So what are you waiting for? Start your job search today!
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Financial Analysts
The best-paying job in finance and consumer services is that of a financial analyst. As a financial analyst, you will be responsible for examining financial records and making recommendations to improve the performance of a company or individual. This job typically requires a bachelor’s degree in business or accounting.
The median salary for a financial analyst is $76,950. The highest-paid financial analysts earn more than $141,000 per year. Financial analysts typically work full-time hours and may be required to travel to meet with clients.
Human Resources Managers
Human Resources Managers are responsible for the management of employee files, benefits, and compensation. They also handle hiring and firing, as well as staff training and development. In finance and consumer services, this position typically pays around $115,000/year.
Training and Development Managers
You’ll need at least a bachelor’s degree for this job, but it will be worth it—training and development managers made a median salary of $102,640 in 2018.
These managers plan, direct, and coordinate programs to improve the knowledge and skills of an organization’s employees. They might design and conduct training programs to improve skills, communication, and job performance.
To succeed in this role, you’ll need to be able to think critically and solve problems quickly. You should also be able to work well under pressure and handle multiple tasks at once. If you have experience leading a team, that will give you a leg up.
Compensation and Benefits Managers
Compensation and benefits managers typically need a bachelor’s degree in human resources, business, or a related field, although some jobs may only require a high school diploma or equivalent. Employers value experience, so previous work in human resources or pay and benefits is often necessary.
Compensation and benefits managers typically receive health insurance and retirement benefits. They also may receive bonuses based on the company’s earnings or other factors.
Financial Managers
You might be surprised to see financial managers on this list, but the job is pretty darn important. Financial managers are responsible for the financial health of a company, which means they’re in charge of creating financial reports, overseeing investments, and developing strategies to reduce costs.
The job requires a lot of knowledge in different areas of finance, so it’s not for the faint of heart. But if you’re up for the challenge, it can be a pretty rewarding career. And the best part is that you don’t need a specific degree to become a financial manager—a degree in business or economics will suffice.
Accounting Managers
You might not know this, but accounting managers are actually in high demand. In fact, the Bureau of Labor Statistics reports that the employment of accounting managers is expected to grow by 10% from 2019 to 2029—faster than the average for all occupations.
So what does an accounting manager do? They plan, direct, and coordinate the activities of workers in an organization’s finance department. Basically, they make sure that the numbers all add up and that everything is being done according to regulations.
And the best part is that they usually make a pretty decent salary. The median annual wage for an accounting manager was $108,430 in May 2020, which means that half of all accounting managers earned more than that and half earned less.
Risk Management Managers
If you’re good with numbers and have a head for business, a career in risk management might be right up your alley. Risk management managers are responsible for identifying and assessing risks to a company’s finances and developing strategies to mitigate those risks.
It’s a high-pressure job, but it comes with high rewards—risk management managers earned a median annual salary of $127,990 in 2019, according to the BLS. And the demand for these professionals is only expected to grow in the coming years, with a projected job growth rate of 7% from 2019 to 2029.
Compliance Officers
You might not know what a compliance officer is, but they play an important role in the finance and consumer services industry. A compliance officer makes sure that a company is following all the rules and regulations that are relevant to their business.
It’s a big responsibility, and it comes with a big salary. The average compliance officer earns about $85,000 a year, but the top earners can make upwards of $200,000.
If you’re interested in this career, you’ll need to have a bachelor’s degree in accounting, finance, or a related field. And it doesn’t hurt to have a few years of experience working in the finance industry.
Senior Corporate Counsel
In this role, you would be responsible for providing legal advice and support to a company in the finance and consumer services industries. You would need to have a deep understanding of the law as it relates to these industries, as well as the ability to navigate complex legal issues.
As a senior corporate counsel, you would be expected to provide advice on a wide range of issues, including regulatory compliance, contracts, mergers and acquisitions, and litigation. You would also be responsible for managing a team of junior lawyers and paralegals.
This is a highly specialized role, and you would need to have many years of experience in the finance and consumer services industries in order to be successful in it.
Conclusion
In short, if you’re looking for a stable, high-paying job in finance consumer services, any of the ten jobs on this list would be a great place to start your search. The job market in finance consumer services is expected to grow in the coming years, so now is a great time to get your foot in the door. With so many different options available, there’s sure to be a job on this list that’s a perfect fit for your skills and interests. So what are you waiting for? Start your search today.