There are a lot of excellent employment and promising futures in the investment banking industry. It is a common industry, particularly for recent graduates. Therefore, keep reading this post to learn about the investment banking, brokerage, and service positions that offer the highest salaries.
A person who works in the investment banking industry advises businesses and governments looking to make investments in the capital markets. They provide clients advice, look after their investments, do financial research, and buy and sell for them every day.
Even though working in this field can be rather demanding, it is worthwhile. The delicious benefits of this vocation include expertise, high compensation, and many other positive aspects.
Successful investment bankers can earn significant base salaries and sizable commissions. For people who can emphasize their earning potential while picking a career route, investment banking might be a rewarding employment option.
In this article, you can find the highest-paying positions in investment banking, brokerage, and service.
1. Natural Gas Trader
Natural gas traders trade natural gas products on multiple stock and commodities markets. You can operate as a freelance commodities broker or as a natural gas stock, futures, and fund trader for a financial institution.
When you meet with customers, you will talk about their financial objectives and decide how to invest in natural gas companies listed on the NYSE/NASDAQ.
Energy businesses employ natural gas traders to track the flow of a variety of commodities, including oil, natural gas, and other products. You keep an eye on the price of natural gas to gauge the gains and losses of your clients. One of the lucrative positions in investment bankers, brokers, and services is that one.
Average salary: $60,000-$150,000 per year
2. Options Trader
Stock options are bought and sold by options traders. You handle sophisticated capital investments on behalf of customers when working for a sizable private investment bank or hedge fund.
To maximize profit and reduce risk, you will develop options contracts and forecasting models that determine the optimal price to acquire an option. In reports and models, the financial situation of your client is described.
Their portfolio value will rise as a result of this. At big commercial banks or investment banks, options traders frequently get job experience. They also hold a bachelor’s or master’s degree in economics or mathematics.
Average salary: $50,000-$228,000
3. Investment Officer
Officers discover possible business prospects and make investments that advance the financial objectives of the company. As an investment officer, you are responsible for monitoring financial transactions, keeping an eye on portfolio projects, and cultivating client connections.
An investment officer must have a Master of Business Administration (MBA), many years of experience in the financial sector, and business development expertise.
Positions as an investment officer are available at major financial institutions, governmental organizations, and financial consulting businesses in the present labor market.
Average salary: $68,500-$136,000
4. Investment Counselor
As an investment advisor, it is your responsibility to suggest to clients’ investments in stocks, bonds, and funds. The financial plans and risk tolerance of the customers are considered when making these suggestions.
Wealth management solutions may be presented to clients, and you may assist them in developing and implementing an investment strategy. A big portion of what you perform involves researching the ideal solutions for your client’s demands. Brokers specializing in one or more of the company’s financial products may introduce themselves to clients.
Average salary: $58,500-$115,000
5. Investment Executive
Depending on where you live, your degree of experience, and your skill set, there are several options to raise your pay and receive a promotion. The American market for investment executives is quite active. Many businesses are on the lookout for applicants. One of the highest paying positions in the investment bankers/brokers/services is this one.
Average salary: $53,000-$110,000
6. Equity Trader
To decide when to buy or sell shares of a company’s stock on an equity exchange, an equity trader must do research and analysis. Options, futures, exchange-traded funds, and other derivatives are also available for trading.
To ensure the deal complies with the employer and governmental rules, equity traders examine charts and do data analysis. An equity trader could be employed by a private equity company or an investment bank. Many dealers operate alone. Responsibilities can only be traded inside a certain sort of business or sector.
Average salary: $60,000-$107,000
7. Proprietary Trader
A proprietary trader uses funds provided by a financial institution to generate immediate profits. To maximize their original investment, traders utilize stock market trends to guide their trading decisions.
Traders retain a share of the earnings for banks or businesses to improve their profit margins. Some proprietary traders employ the strategy of arbitrage to ascertain the price of a stock or commodity in several marketplaces.
The trader buys the stock or commodity with the lowest demand and sells it in the market with the highest demand to form the price differential.
Average salary: $44,000-$105,000
8. Commodity Trader
For a bank or company, a commodity trader purchases and sells commodities. You are accountable for:
- studying the most recent stock market trends.
- giving clients investment advice.
- keeping up with business news.
Most commodities dealers seek directions from their customers before doing any transactions, whether online or in person. As you work with the money of your clients, it is crucial to keep an eye on commodity prices.
A lot of commodities traders also serve as customers’ financial advisors, reviewing their investment portfolios in person.
Average salary: $52,000-$103,500
9. International Trade Analyst
Analysts of international commerce locate and evaluate data about trade and economic concerns. As a global trade analyst, you are responsible for doing in-depth qualitative and quantitative research on possible investment projects, markets, and initiatives.
Additionally, you must provide remedies to any issues you identify. Additionally, planning and research must be done to find emerging trends.
You will be required to help trade analysts in creating technical reports regarding investing possibilities. One of the lucrative positions in investment bankers, brokers, and services is this one.
Average salary: $41,500-$100,000
10. Trade Analyst
Based on financial information and market data, trade analysts make recommendations about what transactions to execute in real time while observing the stock exchange floor from a distance.
This job demands you look at multiple sources such as tariff schedules, industry data, government rules, and other information.
You utilize that information later to choose which stocks to purchase and sell. To become a trade analyst, you need to be resourceful, quick to think, and able to remember a lot of knowledge.
Average salary: $50,500-$87,000
11. Bond Analyst
Bond analysts research the fixed assets of their customers, including corporate and municipal bonds. For financial counselors, hedge funds, portfolio managers, financial advisers, and other financial investment experts, this occupation involves studying financial statements, making judgments, and analyzing these financial instruments.
You could also be required to analyze bonds for individual investors and appraise them. You might concentrate on investment bonds or a particular sort of bond analysis.
Average salary: $37,000-$86,000
12. Investment Associate
Assisting investment analysts with different activities required to manage the investments of firms and municipalities is the responsibility of an investment associate.
Your tasks as an investment associate involve examining the financial data of firms and possible investments to find the best plan to generate earnings.
Your clients could ask you for assistance with stock purchases, risk assessments, portfolio reviews, financial data interpretation, and corporate mergers. Depending on whose account you are handling, your duties will change.
Average salary: $46,000-$85,500
13. Trading Specialist
Trading professionals oversee asset transactions and the management of a company’s stock portfolio. You keep an eye on stock market developments and make suggestions for prospective business prospects. It is your responsibility to examine financial documents and compile reports on your employer’s and your rivals’ financial standing.
Due to the unstable market conditions, this employment can be demanding and call for rapid decisions. You are in charge of a large portion of this task.
You might occasionally need to travel. One of the highest paying positions in the investment bankers/brokers/services is this one.
Average salary: $48,500-$82,000
14. Trade Analyst
A trade analyst executes sales in the financial industry by acting as a middleman between buyers and sellers. Other jobs include studying the market and assisting merchants. They trade, purchase, and sell for customers with a specific objective in mind.
For this employment, you must have a bachelor’s or master’s degree in economics, finance, or a closely related discipline. Trading analysts must hold licenses and certifications for the particular commodities or securities they buy and sell in many states.
The capacity for communication and fast thinking are other requirements.
Average salary: $54,000-$74,000
15. International Trade Specialist
Your main responsibility as an expert in international commerce is to track and study the world market. The international trade experts for your company guide imports, exports, and financial dealings with foreign institutions.
Your primary duty is to make sure that your company complies with all relevant domestic and international legislation. It is crucial to stay current on world events and news.
These modifications may have a substantial effect on international law and corporate obligations. Even if you spend most of your time working in an office, you may still travel the world and collaborate with others.
Average salary: $44,500-$70,000
16. Energy Trader
An energy commodity trader serves as a middleman between buyers and sellers on an exchange. As a futures trader in the energy sector, you. This agreement is a purchase agreement for certain future assets.
For energy traders, the asset you contract is often some combination of liquid gas, natural gas, and oil. Your duties are comparable to those of a stockbroker:
- monitoring changes in commodities prices.
- predicting changes and trends in the industry.
Make intelligent choices on the sales or purchases that will result in the most profit for you.
Most of the money that commodity dealers make comes from commissions. Therefore, it’s essential to stay current with this field of study.
Average salary: $44,000-$68,000
17. Investment Representative
Banks, credit unions, and investment companies all employ investment representatives. They counsel customers on financial services and products.
They assist clients in managing their money and advertise the company’s products and services.
Average salary: $42,000-$63,000
18. Trading Assistant
A trading assistant is an apprentice. To assist them in selling financial goods to their clients, they collaborate closely with a trader. Additionally, shop employees may assist with simple tasks like purchasing a coffee or lunch.
For two years, a trading assistant often works for a trader to develop the knowledge and abilities needed to function as a trader full-time. To become a licensed trader full-time, the assistant has to pass the Series 7 or Series 63 tests.
Average salary: $42,000-$60,000
19. Stock Trader
A securities trader or stockbroker is another name for a stock trader. They do stock research before buying or selling on behalf of customers. They deal in stocks as well.
A stock trader’s responsibility is to guide clients through the complexity of stock market trading and assist them in making wise investment selections.
Average salary: $28,500-$49,000
20. Trades Helper
Candidates for this position must be able to operate independently and concurrently with minimum guidance.
The hours may change based on the market, but a job description for a trades helper should list the following responsibilities:
- Ensure that procedures follow both internal and external requirements.
- Look for novel approaches to enhance the procedure.
- Provide clients and consumers with thorough information and guidance
- Deliver accurate and timely reporting on contracts, investments, and sales addressing the questions and concerns of customers
- Identify a mitigation strategy and put it into action.
Average salary: $25,500-$37,000
21. Quantitative Risk Analyst
Before advising a firm on how to proceed financially, a quantitative risk analyst looks into the organization’s past financial decisions and future goals. Understanding and analyzing data is essential since everything depends on it, and it also serves as the basis for your predictions and suggestions.
Average salary: $103,500
22. Regulatory Reporting Accountant
An accountant who specializes in regulatory reporting audits a business to ensure that it follows regulations and safeguards the bank’s assets. They must be knowledgeable of the regulatory framework applicable to the sector and ensure that their institution complies with it.
They should also be aware of any future regulatory changes and provide advice on how to go around them while still utilizing the present system.
Average salary: $80,000
Conclusion
A bachelor’s degree in finance or higher is often required to work in this industry. While working, there are several possibilities to advance your abilities. The average compensation for investment bankers is $175,000, with wages ranging from $140,000 to $210,000. Investment bankers make an average salary of $175,000, with the top 67% making $210,000.