Choosing a Job as a Banking Analyst

Financial services are such services which are provided by the finance industry for the purpose of managing money. Opportunities for jobs in financial services are increasing all around the world as there is a great demand for financial expertise in areas like corporate finance, commercial banking, investment banking, real estate, insurance, etc. Financial services jobs are available in government agencies, banks, and financial institutions. Financial services jobs are a secure career option and provide a good salary.

An analyst is a person who works along with the senior management and suggests profitable plans for the business after analyzing various factors. A banking analyst is a person who analyses complex business situations and recommends methods that allow the business to grow profitably.

Requirements for banking analyst jobs



Anyone applying for banking analyst jobs should meet the following job requirements:

1. Should have excellent communication skills.
2. Must be organized and have strong analytical capabilities.
3. Must be a graduate in finance, accounting, or business. A person with a master’s degree in any of the above is preferred.
4. Should be an experienced analyst.
5. Must have thorough knowledge of Excel, PowerPoint, and Word.
6. Must be ready to work for long hours and under stress at certain times.
   

Responsibilities in banking analyst jobs:

• Identifying business needs and finding solutions to various business problems.
• Preparing documents related to business processes and layouts for changes in business environment.
• Performing analysis of financial statements, industries, lucrative business proposals, and market trends.
• Suggesting measures to help the business make profits.
  

Banking analyst jobs are available with the following titles:

• Credit analyst
• Helpdesk analyst
• Investment banking analyst
• Associate analyst
• Financial analyst
• Research analyst
• Credit banking analyst
• Technical analyst
• Project analyst
• Corporate banking analyst
• Investment analyst
  

For each title of banking analyst jobs, the required qualifications are slightly different. The nature of work and job specifications for different banking analyst jobs also differs. Consequently, salaries also vary from one title to another. However, any person applying for banking analyst jobs under any of the above listed titles has to sit for a written test. A good score in the written test lets the person go up to the next level which consists of group discussion where the communication skills of the applicants are checked. Once the group discussion is over, the candidates have to appear before the members of the company, financial institution, or government agency for a personal interview.

Banking analyst jobs in corporate banking involve cash management, credit management, and financial analysis. These jobs in commercial banking include issuing loans, trade credit, managing international finance, and mortgage services. Banking analyst jobs in insurance entail risk management and service management. In real estate, banking analyst jobs include brokering in commercial and residential properties, construction, and development.

Get your dream job in the financial sector by applying for a banking career.