Do you want to work in finance? Are you looking for a high-paying job that is challenging and rewarding? If so, then you should consider working in investment management. This field is growing rapidly, and there are many opportunities for career growth.
In this article, we will tell you about the 15 best paying jobs in the investment managers field. You will learn about the average salaries for each position, as well as your responsibilities and the skills you need to be successful.
What is Investment Management?
The investment management field is responsible for the stewardship and growth of clients’ assets. This can include anything from individual stocks and bonds to entire portfolios. Investment managers work with clients to understand their goals and risk tolerance, then make recommendations accordingly.
Investment managers typically work for banks, insurance companies, or asset management firms. They may also work for themselves as financial advisers.
Is Investment Management a Good Career Choice?
Working in investment management can be a very rewarding career. It is a challenging field that requires dedication and hard work. However, the rewards are significant. Investment managers typically earn high salaries and bonuses. They also have the potential to earn a lot of money in commissions.
Furthermore, investment managers have the opportunity to work with a variety of clients. This can make the job very interesting and exciting. It is also a great way to build relationships and network with people in the financial industry.
15 Best Paying Jobs in Investment Managers
Portfolio Manager
Average base salary: $100,408 per year
A portfolio manager is responsible for overseeing a group of investments for a major bank. This includes making decisions about what to buy and sell, as well as monitoring the performance of the investments.
To be a successful portfolio manager, you need to have strong analytical and decision-making skills. You should also be able to handle stress well and have excellent communication skills.
Business Development Manager
Average base salary: $68,474 per year
A business development manager is responsible for generating new business opportunities for an asset management firm. This includes identifying potential clients, developing relationships, and closing deals.
To be a successful business development manager, you need to be very outgoing and have excellent sales skills. You should also be able to think strategically and have a strong understanding of the investment management industry
Investment Banking Associate
Average base salary: $90,132 per year
An investment banking associate is responsible for providing support to senior bankers. This includes working on pitches, financial models, and due diligence.
To be a successful investment banking associate, you need to have strong analytical skills. You should also be able to work well under pressure and have excellent communication skills.
Investment Analyst
Average base salary: $72,786 per year
An investment analyst is responsible for conducting research on potential investments. This includes analyzing financial statements, evaluating risk, and making recommendations.
To work as an investment analyst, you must have a good understanding of the investment management industry as well as the ability to make predictions.
Investment Product Manager
Average base salary: $128,058 per year
The Investment Product Manager is responsible for developing and managing investment products. This includes researching new opportunities, developing products, and monitoring their effectiveness.
To work as an investment product manager, you must have a good understanding of the investment management industry, be able to make important decisions quickly, be attentive to detail and analyze data.
Equity Research Analyst
Average base salary: $72,118 per year
An equity research analyst is responsible for providing analysis of publicly traded companies. This includes issuing reports, making recommendations, and presenting to clients.
To work as an equity research analyst, you need to have strong analytical skills and be able to think critically. You should also have a good understanding of the investment management industry.
Fund Tax Manager
Average base salary: $122,606 per year
A fund tax manager is responsible for overseeing the tax compliance of an investment fund. This includes preparing tax returns, working with the IRS, and ensuring that the fund complies with all regulations.
To work as a fund tax manager, you need to have strong analytical skills and be detail-oriented. You should also have a good understanding of the investment management industry and be able to work well under pressure.
Securities Analyst
Average base salary: $67,120 per year
A securities analyst is responsible for analyzing securities. This includes researching companies, issuing reports, and making recommendations.
For this job, have a good understanding of the investment management industry and the ability to think critically and analytically. In addition, great attention to detail is required.
Investment Advisor
Average base salary: $89,117 per year
An investment advisor is responsible for providing advice to clients on investments. This includes developing investment plans, recommending securities, and managing portfolios.
To work as an investment consultant, it is important to be able to get along well with people and to be able to explain your ideas clearly. In addition, you need to have a very good understanding of the investment market.
Senior Investment Manager
Average base salary: $125,187 per year
A senior investment manager is responsible for managing a team of investment managers. This includes setting strategy, allocating resources, and making decisions.
To work as a senior investment manager, you need to have strong leadership skills and be able to think strategically. You should also have a good understanding of the investment management industry.
Financial software developer
Average base salary: $94,048 per year
A financial software developer is responsible for developing software that is used by investment managers. This includes researching new technologies, designing software, and testing products.
To work as a financial software developer, you must have programming skills, have a good knowledge of the financial industry, and be stress-resistant, and able to create software under tight deadlines.
Investment Risk Manager
Average base salary: $96,864 per year
The investment risk manager is responsible for identifying and managing risks associated with investments. This includes evaluating new opportunities, monitoring portfolios, and mitigating risks.
To work as an investment risk manager, it is important to be attentive to detail and responsible and to have a good knowledge of the investment market.
Fixed Income Investment Risk Manager
Average base salary: $77,099 per year
The fixed income risk manager is responsible for identifying and managing the risks associated with fixed-income investments. This includes evaluating new opportunities, monitoring portfolios, and mitigating risks.
Strong analytical skills and the ability to think quickly and critically are essential to this job. Market knowledge is also important.
Investment & Derivatives Manager
Average base salary: $95,012 per year
An investment & derivatives manager is responsible for managing a portfolio of investments and derivatives. This includes making investment decisions, monitoring markets, and executing trades.
To work as an investment & derivatives manager, you need to have strong analytical skills and be able to think critically. You should also have a good understanding of the investment management industry.
Assistant Investment Manager
Average base salary: $70,035 per year
As an assistant investment manager, you are responsible for supporting the investment manager. This includes conducting research, preparing presentations, and making recommendations.
To become an assistant, you must have strong analytical skills and the ability to think critically. In addition, it is important to do the job quickly and efficiently, as well as to be able to analyze and apply data.