{"id":6384,"date":"2024-03-14T15:00:00","date_gmt":"2024-03-14T19:00:00","guid":{"rendered":"https:\/\/theforage.wpengine.com\/?p=6384"},"modified":"2024-10-29T13:12:09","modified_gmt":"2024-10-29T17:12:09","slug":"best-paying-jobs-in-major-banks","status":"publish","type":"post","link":"https:\/\/theforage.wpengine.com\/careers\/best-paying-jobs-in-major-banks","title":{"rendered":"10+ Best-Paying Jobs in Major Banks for 2026"},"content":{"rendered":"\n

The best-paying jobs in major banks include financial analysts, accountants, and managers overseeing financial operations, marketing, and sales. Most of the highest-paying jobs major banks<\/a> offer require at least a bachelor’s degree and several years of experience. By building the right skills and networking effectively, you can get your foot in the door and start working toward a high-paying career in financial services<\/a> at a major bank.\u00a0<\/p>\n\n\n\n

So, what high-paying jobs are available in major banks, and, perhaps more importantly, which one is right for you? We\u2019ll share the best-paying jobs in major banks, a fun quiz to help you figure out which kind is your best fit, and advice on how to land these roles.<\/p>\n\n\n\n

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Jump to Which Best-Paying Job in Major Banks Is Right for Me? Quiz \ud83c\udfe6<\/strong><\/a><\/div>\n<\/div>\n\n\n\n

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Best-Paying Major Banks Jobs <\/h2>\n\n\n\n

The best-paying jobs in major banks range from financial analyst roles to careers in tech<\/a> and sales. <\/p>\n\n\n\n

1. Loan Officer<\/h3>\n\n\n\n

Average salary:<\/strong> $84,490<\/a><\/a><\/p>\n\n\n\n

Loan officers typically work in the commercial and retail banking<\/a> side of major banks, helping clients find and apply for loans. The types of loans these professionals work with include mortgages, small business loans, and personal loans. Some of a loan officer’s job overlaps with underwriting<\/a> duties, such as reviewing an applicant’s credit score and financial records to determine if they qualify for a loan. <\/p>\n\n\n\n

While you can technically become a loan officer with just a high school diploma, most employers prefer applicants with bachelor’s degrees and experience in finance<\/a> and accounting. Additionally, you may need certifications or licensure for some specializations \u2014 mortgage loan officers must be licensed to originate mortgages. <\/p>\n\n\n\n

>>MORE:<\/strong> Explore the different responsibilities of loan officers and underwriters<\/a>. <\/p>\n\n\n\n

2. Accountant or Auditor<\/h3>\n\n\n\n

Average salary:<\/strong> $90,780<\/a><\/a><\/p>\n\n\n\n

Accountants<\/a> working in major banks help record and review financial information. Some of an accountant’s job overlaps with other careers in banking, and accountants often handle things like financial analysis, budget review, and financial planning alongside other finance professionals. You typically need a bachelor\u2019s degree \u2014 finance degrees<\/a>, accounting<\/a> majors, or related fields of study are usually best for becoming an accountant or auditor. However, some accountants have advanced degrees since accounting certifications have educational credit hour requirements.<\/p>\n\n\n\n

Similarly to accountants, auditors<\/a> help companies and individuals track and record financial information. They verify records and transaction data and ensure companies are transparent and compliant with regulations. In banking, some auditors work internally, ensuring the bank records its financial information accurately. However, some auditors work externally at accounting firms, like PwC<\/a> or KPMG<\/a>, and perform audits<\/a> on banks on behalf of the public and government. <\/p>\n\n\n\n

>>MORE:<\/strong> What’s the difference between an accountant vs. an auditor?<\/a><\/p>\n\n\n\n\t

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\n\t\t\t\t\t\"PwC\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t

PwC Audit<\/h2>\n\t\t\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t

Explore an auditing career and learn fundamental skills in this free job simulation from PwC. <\/p>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t

\n\t\t\t\t\t\t\n\t\t\t\t\t\t\tEnroll now\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t
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\n\t\t\t\t\t\tAvg. Time:<\/span>\n\t\t\t\t\t\t3 to 4 hours\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t

\n\t\t\t\t\t\tSkills you’ll build:<\/span>\n\t\t\t\t\t\tAnalysis, documentation, communication, policy interpretation, compliance analysis, testing execution, issue identification\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t

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3. Financial Examiner<\/h3>\n\n\n\n

Average salary:<\/strong> $98,140<\/a><\/a><\/p>\n\n\n\n

Financial examiners are compliance experts \u2014 they ensure major banks comply with local, state, and federal regulations and craft guidelines to help employees stick to the rules. By verifying transaction records and working closely with financial managers and legal teams, financial examiners serve as a vital line of defense to keep banks running smoothly. <\/p>\n\n\n\n

A financial examiner typically needs a bachelor’s degree, but advanced degrees are useful for advancement in the field. Additionally, experience in legal fields can help you become more marketable to employers.<\/p>\n\n\n\n

>>MORE: <\/strong>Check out some of the best careers in law that don’t require becoming a lawyer<\/a>.<\/p>\n\n\n\n

4. Investment Products Salesperson <\/h3>\n\n\n\n

Average salary:<\/strong> $109,710<\/a><\/a><\/p>\n\n\n\n

Investment products salespeople sell financial services and investment products like commodities and securities. In addition to buying and selling stocks<\/a> and bonds for individuals and institutional clients, they also help guide client investment decisions, advising them on market conditions and favorable opportunities. <\/p>\n\n\n\n

Some investment product salespeople perform a similar role as stockbrokers and securities traders<\/a>, executing securities sales and trades for individual high-net-worth clients. Others handle duties along the same lines as portfolio managers, overseeing the purchase and sale of securities for company investment portfolios. <\/p>\n\n\n\n

>>MORE:<\/strong> See the difference between traders and brokers<\/a>. <\/p>\n\n\n\n

To work as a financial services salesperson for a major bank, you generally need at least a bachelor’s degree. You’ll likely also need a license to buy and sell securities through the U.S. Securities and Exchange Commission (SEC). <\/p>\n\n\n\n

5. Financial Analyst <\/h3>\n\n\n\n

Average salary:<\/strong> $112,950<\/a><\/a><\/p>\n\n\n\n

Financial analysts<\/a> use their knowledge of economics<\/a>, data analysis, and business<\/a> best practices to help major banks and their clients increase profits and improve business processes. Most financial analysts have at least a bachelor’s degree, but advanced degrees are common for career advancement and specialization. <\/p>\n\n\n\n

The title of financial analyst is an umbrella term encompassing a wide range of roles, some of which are the best-paying careers in finance<\/a>. Specialized titles for financial analysts working in major banks include: <\/p>\n\n\n\n