The finance industry is constantly evolving, and with that comes new opportunities for high-paying jobs. If you’re looking to make a move in your career or are just starting out, here are some of the highest paying finance jobs for 2022:
1. Investment Banking Associate
Median Base Salary: $85,000
Total Compensation: $200,000
What You’ll Do: Investment banking associates provide analysis of potential investments and offer recommendations to clients. They also work with the underwriting and trading teams to get deals done.
2. Portfolio Manager
Median Base Salary: $87,143
Total Compensation: $175,000
What You’ll Do: Portfolio managers are responsible for overseeing a group of investments and making sure they are performing well. They make decisions about when to buy and sell stocks, bonds, and other securities.
3. Financial Analyst
Median Base Salary: $60,000
Total Compensation: $90,000
What You’ll Do: Financial analysts provide analysis of financial statements and other data to help businesses make informed decisions. They also develop forecasting models and conduct sensitivity analyses.
4. Risk Manager
Median Base Salary: $100,000
Total Compensation: $180,000
What You’ll Do: Risk managers identify, assess, and manage risks that could potentially impact a company’s bottom line. They develop risk management plans and work with other departments to implement them.
5. Compliance Officer
Median Base Salary: $80,000
Total Compensation: $160,000
What You’ll Do: Compliance officers ensure that a company is following all applicable laws and regulations. They develop and implement compliance programs, and investigate potential violations.
6. Treasury Manager
Median Base Salary: $105,000
Total Compensation: $200,000
What You’ll Do: Treasury managers are responsible for a company’s financial planning and investments. They oversee the issuance of debt and equity, and manage the cash flow.
7. Financial Planning & Analysis Manager
Median Base Salary: $115,000
Total Compensation: $210,000
What You’ll Do: Financial planning & analysis managers develop and oversee the budgeting and forecasting process for their company. They also provide analysis of financial data to help inform business decisions.
8. Corporate Controller
Median Base Salary: $130,000
Total Compensation: $230,000
What You’ll Do: Corporate controllers are responsible for the financial reporting and compliance of their company. They oversee the accounting team and produce financial statements.
9. Chief Financial Officer
Median Base Salary: $185,000
Total Compensation: $400,000
What You’ll Do: Chief financial officers are responsible for the financial planning and management of their company. They develop strategic plans, raise capital, and manage risk.
10. Managing Director
Median Base Salary: $250,000
Total Compensation: $1,000,000+
What You’ll Do: Managing directors are responsible for the overall operation of their firm. They develop business strategy, raise capital, and manage risk.
These are just some of the highest paying finance jobs for 2022. With the right experience and education, you can land one of these coveted positions. So start planning your career today!
Also want a career in finance?
There are a lot of different finance careers out there, and each has its own set of requirements. But if you’re interested in pursuing a career in finance, here are four tips to get you started:
1. Get a degree in business or economics
While you don’t necessarily need a degree in business or economics to work in finance, it will give you a solid foundation in the basics of business and financial concepts. And if you’re interested in pursuing a more specialized finance career, such as investment banking or financial planning, a degree in business or economics will give you the knowledge and skills you need to be successful.
2. Develop strong analytical and problem-solving skills
Finance careers require strong analytical and problem-solving skills. You’ll need to be able to understand complex financial data and make sound decisions based on your analysis. If you’re not naturally good at math or analytics, don’t worry – there are plenty of ways to improve your skills in these areas.
3. Build a strong network
A strong network is essential in the finance world. The people you know can help you find jobs, get promoted, and advance your career. So start networking early, and make sure to keep up with your contacts even after you’ve landed a job.
4. Stay current on financial news and trends
To be successful in finance, you need to stay current on the latest news and trends. This means reading financial publications, attending industry events, and taking courses to keep your skills sharp.
If you’re interested in a career in finance, these four tips will help you get started. So start exploring your options and see where a finance career could take you.