Would you like to know how many jobs are available in the major bank career path?
Major banks are financial institutions that focus mainly on proffering financial solutions to the private sector, businesses, Industrial settings, etc.
This post has listed and explained all you need to know about major banks.
How many Jobs Are Available in Major Banks
Over 457,000 jobs are currently available in major bank career paths, and the industry provides jobs in various positions, departments, and afield-self, such as; Loan Officer, Credit Analyst, Financial manager, Financial advisor, Personnel Specialist, etc.
What is a Major Bank’s Career Path?
Major banks are financial institutions that provide various financial services to businesses, the private sector, and industries, such as; checking accounts, savings accounts, loans, investments, credit cards, mortgages, insurance products, etc.
Best Paying Jobs in Major Banks career path
Major banks institutions have a wide variety of jobs/ in different Sectors and departments, but we’ve listed the 6 best-paying jobs in major banks, which are:
1. Loan Officer:
A Loan Officer job is one of the top-paying positions in the major bank’s career path. Their primary responsibility is to evaluate loan applications from applicants typically to determine the credit percentage of the prospect.
Meanwhile, the loan officer is also responsible for helping customers with loan decision that best fits their financial needs and guiding them through the loan process.
Loan Officers earn an average salary of over $64,000 to $110,000 annually in the United States.
2. Credit Analyst:
Credit Analyst is another high-paying career in major banks whose primary responsibility is to Analyze the credit history and financial stability of potential borrowers.
In addition, credit Analysts’ average salary is between $67,000 to $123,000 per annum in the United States.
3. Financial Advisor:
The Financial Advisor job is also one of the top-paying jobs in major bank institutions. Financial advisors are generally responsible for providing advice and guidance to clients on various financial-related matters, such as investments, retirement, and business plans.
Their primary purpose is to help clients set and achieve their financial goals. In the United States, they earn an average salary of over $56,000 to $124,689 per Year.
4. Private Banking Associate:
Private Banking Associate is among the best-paying jobs in major bank institutions, whose primary duty is to help clients with personalized financial services and solutions.
They are typically responsible for managing their wealth and providing advice on investment opportunities. In the United States, they earn an average salary of $76,000 to $90,000 per Year.
5. Managing Director of Corporate Finance: :
A Managing Director of Corporate Finance job is among the top position in major bank fields, whose primary responsibility is to oversee the financial operations of a corporation. They also make financial decisions, such as capital expenditures, mergers, acquisitions, etc. Their average Annual Salary is between $81,000 to $125,995 per Year in the United States.
6. Investment Banker:
An Investment Banker job in major bank institutions, and they’re primarily responsible for helping clients raise capital and advise on financial transactions. They earn an average Annual Salary between $93,00 to $146,000 per Year.
Conclusion
Major banks are either private or public Financial institution that helps people with financial solution; meanwhile, If you’re willing to know how many jobs are available in major banks, we have explained everything in this post.
