Yes, Major Banks a good career path with a huge number of diverse opportunities available for individuals.
Working in Major Banks is a great career and is available to almost anyone who have obtained the qualification and is passionate for banking and finance.
Popular careers in Major Banks include Financial Manager, Bank Teller, Accountants and more.
Moving into Major Banks industry can be a great choice for individuals who desire consistent schedule, who like interacting with customers and who pay close attention to detail.
That’s not all, keep reading…
How Many Jobs Are Actually Available In Major Banks?
According to recent survey, thre are approximately 1,800,000 Major Banks jobs available in the United State.
This figure has been increasing constantly during the previous few years, and it is anticipated that the figure we keep rising in years to come.
In 2021 alone, the banking industry added over 75,000 jobs in the Major Banks sector since there are more people who are willing to save and invest their money wisely.
So if you’re looking for a stable and we’ll paying career, then look no further than Banking.
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Best Paying Jobs In Major Banks
Three are a wide variety of jobs available in Major Banks in the United States. You can work in different positions such as Customer Service Representative, Human Resources Specialist, Bank Teller and Finance Managers.
Listed below are the best paying jobs in Major Banks and they include:
- FINANCIAL MANAGER (Average Pay: $ 131,701)
- PRINCIPAL FINANCIAL OFFICER (Average Pay: $98,980)
- FINANCIAL ANALYST (Average Pay: $81,410)
- FINANCIAL EXAMINER (Average Pay: $81,410)
- BUDGET ANALYST (Average Pay: $79,940)
- INTERNAL AUDITOR (Average Pay: $77,250)
- Branch Manager (Average Pay: $64,143)
- LOAN OFFICER (Average Pay: $63,380)
- SECURITY AND COMMODITY AGENT (Average Pay: $62,910)
- BANK TELLER (Average Pay: $36,310)
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1. Financial Manager: $131,701 per year
A Financial Manager is an expert who’s responsible for overseeing the finances of top organizations, firms, Agencies, or companies and everything between them.
In correlation with their team, they coordinate accounting and produce financial reports, profit projections, and cash flow statements.
Financial Manager is one of the best paying jobs under Major Banks with an annual salary of $131,701 annually
If you’re looking for one of the best paying jobs in Major Banks, then consider Financial Manager as your top priority.
2. Principal Financial Officer: $98,980 per year
A Principal Financial Officer is an expert or head of an investment bank’s Principal Finance division that oversees the principal finance dealings of a company or firm.
These dealings usually involve high grade bonds that are used to finance new projects for firms.
Principal Financial Officer is regarded as one of the most respected and most sought after career path in Major Banks since they recieve a high pay of $89,890 per year.
If you’re asking how many jobs are available in Major Banks, then Principal Financial Officer should be your best alternative.
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3. Financial Analyst: $81,410 per year
A Financial Analyst is a professional who is responsible for tracking the progress of a company’s financial performances against a plan, analyzing business performance and market conditions to create forecasts, and helping senior management make tactical and strategic decisions by enunciating periodic reports.
Financial Analyst is a good career path for those who are good at tracking the progress of a business.
A Financial Analyst earns an average of $81,410 per year in the United States.
4. Financial Examiner: $81,410 per year
A Financial Examiner is responsible for Monitoring lending activity to ensure that borrowers are treated fairly.
Financial Examiners ensure compliance with laws that govern institutions handling monetary transactions.
They also ensure that they review the balance sheets, evaluate the risk of the level of loans and assess bank management.
If you’re looking for one of the best paying jobs in Major Banks, then Financial Examiner is a good choice.
A Financial Examiner earns an average of $81,410 annually in the United States.
5. Budget Analyst: $79,940 per year
A Budget Analyst is an expert who’s responsible for analyzing the company’s budget and unraveling better ways to allocate resources more efficiently.
They ensure they carry out this task by organizing finances, preparing accurate reports on day-to-day spending of funds, and overseeing institutional spending to create cost-benefit analyses which assist businesses in running efficiently.
A Budget Analysts earns an average of $79,940 annually in the United States.
6. Internal Auditor: $77,250 per year
An Internal Auditor is an expert whose responsibility is to ensure companies and organizations have accurate accounting annually.
They tend to ensure that accounting teams follow proper procedures and that all accounts are updated and accurate.
Internal Auditor is one of the best paying jobs in Major Banks with an estimated salary of $77,250 per year.
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7. Branch Manager: $64,143 per year
A Branch Manager is a professional who is responsible for managing the day-to-day operations of a bank or a financial organizations branch.
Their responsibilities include developing business plans and attaining sales goals, delivering great customer service and growing revenue through increased lending activity.
Branch Manager is also a good career path in Major Banks in the United States with an annual salary of $64,143 per year.
9. Loan Officer: $63,380 per year
A Loan Officer is a professional who is responsible for evaluating and authorizing the approval of business, real estate or credit loans.
They are specialists in evaluating the financial status of a loan applicant. Duties include updating account records and reviewing loan files. They work for commercial banks, mortgage companies, or credit unions.
Loan Officer is also regarded as one of the best paying jobs in Major Banks with an annual salary of $63,380 per year.
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10. Bank Teller: $36,310 per year
A Bank Teller or Bank Clerk is a bank professional who assist customers of the banks with routine financial transactions.
Their day-to-day duties include making deposits, handling withdrawals and issuing money orders or cashier’s checks to bank customers.
If you’re looking for a good career path in Major Banks, you can consider working as a Bank Teller with an annual salary of $36,310.
11. Budget Analyst: $29.33 per hour or $68,318 per year
Budget Analysts is a professional who is responsible for reviewing the company’s budget and approving spending requests through evidence based analyses of authenticity and merit.
They also monitor their assigned company’s expenditures against fixed budgets while preparing accurate reports that estimate future financial needs
Budget Analysts is also one of the best paying jobs in Major Banks with an estimated earnings of $29.33 per hour or $68,318 per year.
Looking for a good career path in Major Banks, you can consider Budget Analysts.
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12. Fraud Analyst: $23.16 per hour or $45,638 per year
Fraud Analyst is a banking analyst who is responsible for monitoring bank accounts financial transactions paperwork accounting.
They also analyze users profiles or data in order to discover any fraudulent and suspicious activities within a company or organization.
Fraud Analyst is a good career path in Major Banks with an average estimated earnings of $23.16 per hour or $45,638 per year.
Is Major Banks A Good Career Path?
Yes, Major Banks is a good career path if you’ve enthusiasm for banking and Finance.
If you’re good with maths and financial records, then your skill can lead you to a career in this industry.
Finance jobs under Major Banks can be rewarding and lucrative with other benefits such as good working conditions, high salary earnings, flexibility, and exposure to Learning new skills.
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WHAT ARE THE MAJOR BANKS IN THE UNITED STATES?
The major and largest banks in the United States are listed below:
- JPMorgan Chase, with a market capitalization of $488.47 billion and total assets of $3.31 trillion.
- Bank of America, with a market capitalization of $325.33 billion and total assets of $2.52 trillion.
- Citigroup, with a market cap of $123.94 billion, with total assets of $1.67 trillion.
- Wells Fargo, with a market cap of $197 billion and total assets of $1.78 trillion.
- Goldman Sachs, with a market cap of $100.7 billion.
- Morgan Stanley, with a market cap of $182 billion.
- Charles Schwab Corporation, with a market cap of $105.62 billion.
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Conclusion
Banking is a great and constantly growing industry for people who are looking for stability and long-term potential job opportunities.
There are obviously thousands of banking jobs available all over the world and especially in the U.S with a constant increase in demand for more workers.
If you’re passionate about Finance and Banking, don’t hesitate to process your application.
This is all we have for “The Top 10 Best Paying Jobs in Major Banks“
You can also read: How Many Jobs Are Available In Major Banks ($139,000)?
