In the financial industry, women and members of numerous minority groups are underrepresented. According to Bureau of Labor Statistics data for 2021, women made up 40. 2% of financial and investment analysts; 13. 1% were Black or African American, 20. 7% were Asian, and 10. 7% were Latino or Hispanic. Among personal finance advisors, the numbers were 33. 8% women, 7. 3% Black or African American, 7. 5% Asian, and 7. 7% Latino or Hispanic.
How to get an entry-level finance position
You should follow these steps if you want to get an entry-level job in the finance sector:
What is a finance job?
Basically, any position within the financial services industry qualifies as a finance job. For instance, a position as a bank teller or financial planner is regarded as a financial career. In the financial sector, there are many different career paths one can choose from, with the most popular being jobs like:
Finance jobs frequently offer a competitive salary and a range of benefits, including paid time off, 401(k) matching plans, and health and dental insurance.
7 of the best finance companies
According to ratings provided to Indeed, the top finance companies to think about working for are as follows: Please click on the rating link for each business below for the most recent information from Indeed. Please note that Indeed is not affiliated with any of the businesses mentioned in this article.
1. Defense Finance and Accounting Service
Payment services are provided by the Defense Finance and Accounting Service (DFAS) for the U S. Department of Defense. This finance agency was established in 1991 to streamline and improve the U.S.’s financial and accounting operations. S. Department of Defense. This agency is responsible for paying all U. S. Contractors, service members, civilian employees, annuitants, retirees, and suppliers for the Department of Defense The Department of Energy, the Executive Office of the President, and the Department of Health and Human Services are all part of the Defense Finance and Accounting Service.
The following are some examples of careers available at Defense Finance and Accounting Service:
2. Discover Financial Services
Discover Financial Services provides both individuals and businesses with a range of credit and banking services and products. Additionally, they provide their clients with a number of resources, such as financial tools and financial calculators. With a focus on teamwork, Discover Financial Services provides its employees with a number of perks, such as comprehensive insurance plans, 401(k) fixed and matching contribution plans, paid time off, and educational assistance.
Examples of jobs available at this company include:
3. Obsidian Financial Services
Obsidian Financial Services offers various loan programs to customers. Obsidian Financial Services offers a variety of loan programs, including conventional loans, jumbo loans, loans from the US Department of Agriculture (USDA), the Federal Housing Administration (FHA), the Department of Veterans Affairs (VA), and reverse mortgages. As soon as you become a member of the Obsidian team, you have access to their Intranet Marketing Library, which offers a wealth of learning resources to help you get started and advance in your career. Lead generation and customer relationship training are just two examples of the available training.
Positions offered at this company include:
4. Colorado Housing and Finance Authority
A financial institution called the Colorado Housing and Finance Authority provides financing for homes and businesses in Colorado. They give Colorado residents financial resources so they can buy homes, find affordable rental housing, and start businesses. They also invest in affordable housing and community development. This company has contributed more than $22 billion to the economy of Colorado and has assisted many people and businesses in affording their homes and places of business.
Positions offered at this company include:
5. Ironwood Finance
A boutique financial firm founded in 2014, Ironwood Finance is based in Corpus Christi, Texas. They are experts in providing financing for small businesses that are underserved by conventional banks. Under the primary Ironwood name, they also operate two other businesses: Aquarius Fund, LLC, which provides real estate financing for entrepreneurs and self-employed borrowers, and Cooperwood Capital, LLC, which provides higher-risk financing. They are employed by a variety of sectors, including manufacturing, retail, construction, trucking, and medicine.
Examples of positions youll find at Ironwood Finance include:
6. J.D. Mellberg Financial
J. D. Mellberg Financial is a financial company located in Tuscan, AZ. They provide customers with a range of financial services, including retirement planning, goal-setting sessions, income strategies, and strategic income approaches. They primarily work with retirees and pre-retirees.
Examples of jobs offered at J.D. Mellberg Financial include:
7. Modern District Financial
An independent insurance company, Modern District Financial, assists clients with retirement planning. They provide a range of services and goods, such as life insurance, fixed/equity indexed annuities, Medicare supplements, and long-term care insurance, to help with retirement planning. In comparison to other companies in the sector, Modern District Financial has higher than average work happiness, compensation, and support scores, according to Indeed reports. They have locations in Midland, Grand Rapids, and Traverse City, Michigan.
Examples of positions offered at this company include:
non-Investment Banking Finance Job with HIGH PAY & GREAT WORK LIFE BALANCE?
FAQ
What is the best financial services company to work for?
- Goldman Sachs. Rank #1. 2017 Rank #1. View Jobs.
- JP Morgan. Rank #2. 2017 Rank #2. …
- Google. Rank #3. 2017 Rank #3.
- Morgan Stanley. Rank #4. 2017 Rank #4. …
- BlackRock. Rank #5. 2017 Rank #5. …
- Amazon. Rank #6. 2017 Rank #11.
- Bank of America Merrill Lynch. Rank #7. 2017 Rank #6.
- Blackstone Group. Rank #8. 2017 Rank #7.
What finance company pays the most?
- Visa. Median total compensation: $167,050. …
- Intuit. Median total compensation: $136,000. …
- Mastercard. Median total compensation: $130,000. …
- Macquarie Group. Median total compensation: $130,000. …
- BNP Paribas. …
- Barclays. …
- PayPal. …
- Société Générale.
Which company is best for finance?
- Bajaj Finance Limited.
- Tata Capital Financial Services Ltd.
- Aditya Birla Finance Ltd.
- L & T Finance Limited.
- Muthoot Finance Ltd.
- Mahindra & Mahindra Financial Services Limited.
- HDB Financial Services.
- Power Finance Corporation Limited.
What are the 3 top finance companies to work for in the USA?
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Keep reading to learn more about the best employers in finance:
- USAA.
- Chubb. …
- Fannie Mae. …
- New York Life Insurance. …
- Principal Financial Group. …
- Fidelity National Financial. …
- Capital One Financial. …
