Finance


Career in Finance in Australia

Australia is a developed country with excellent job opportunities in finance sector. Finance is one of the major sectors of Australian economy. It is one of the significant contributors in the economy and thus there are great job opportunities at various levels. Having a degree in finance, commerce, economics and other related fields may help you in having a start in this dynamic profession with huge growth opportunities.

The financial services sector facilitates the flow of funds between the sectors and companies. Financial services job opportunities exist in

  • Corporate finance
  • Wholesale banking
  • Retail banking
  • Private wealth management
  • Managed funds and superannuation
  • Financial markets

Australia is home to 56 banks -12 domestic and 44 foreign subsidiary/ branch banks. As per the information available from Austrade Australia has

  • Fourth largest alternative assets under management (US$275 billion)
  • Sixth largest managed fund assets under management (US$1.6 trillion)
  • Eighth largest foreign exchange market (US$121 billion daily average turnover)
  • Ninth largest stock market measured by free-float market capitalisation (US1$ trillion)
  • Ninth largest high-net-worth market (US$735 billion)
  • Tenth largest market for international and domestic debt securities combined (US$2 trillion).

Australia’s financial services are the fourth largest sector of Australian economy and hence huge job opportunities.

Job Titles

  • Finance and risk consultants
  • Finance and risk managers
  • Financial services officer – Assets and compliance
  • Actuarial professionals
  • Business analyst financial services
  • Client partner financial services
  • Financial services compliance specialist
  • Financial services distribution and Marketing managers
  • Financial planner

Career in Finance in Canada

The finance and insurance sector in Canada are of 2 type’s first one the prime function of which is financial intermediation and second one which basically involves underwriting annuities and insurance. Canada’s financial sector is growing fast with Toronto in Ontario being the hub of activity. Because of the concentration of activity related to financial services there are immense job opportunities. In terms of industry employment Toronto is second largest financial services hub in North America.

Financial services job opportunities exist in

  • Banking and financial organisations
  • Investment firms
  • Insurance companies
  • Management consultant firms

Ontario is home to some of the leading financial services companies like AIG Insurance, Allstate, American Express, Aviva, State Farm, State Street, Sumitomo Mitsui, TD Bank, UBS, US Bancorp, Wells Fargo, Zurich Financial Services and many more.

As per the information available from investinontario Toronto is Canada’s financial services capital and headquarter for

  • Canada’s four largest banks
  • Three of the top five Canada’s largest insurers
  • 2 of the top 20 global pension funds
  • 8 of the 10 top Canada asset managers

Job titles

  • Business Analyst
  • Chief Financial Officer
  • Compliance Officer
  • Financial Analyst
  • Investment Analyst/Banker
  • Investment Advisor
  • Money Market Analyst
  • Actuary
  • Financial Manager
  • Personal Financial Planner
  • Portfolio Manager
  • Research Analyst (Financial)
  • Research Associate, Financial Services
  • Sales/Data Analyst
  • Securities Analyst
  • Personal Financial Planner
  • Money Manager

Careers in New Zealand in Financial services

Financial and insurance services sector is big in New Zealand. It is one of the driving sectors of New Zealand economy. As per the information available from New Zealand now website in the year ending March 2017, the sector contributed $13.4bn to GDP.

In New Zealand the financial system is dominated by banking sector. There are currently 26 registered banks in New Zealand and various financial institutions. Financial Job services exist in sectors

  • Assets management
  • Banking
  • Financial regulation
  • Insurance
  • Financial markets

To work in financial services industry one needs to have a specialist theoretical and operational knowledge. One needs to have a deep understanding of financial markets. Having a qualification in finance, commerce , economics or related areas would provide you with skill set and you may work as

Job Titles

  • Risk reporting analyst
  • Investment adviser
  • Financial planner
  • Insurance broker
  • Share broker
  • Mortgage broker
  • Credit Analyst
  • Consultant
  • Compliance officer
  • Lending consultant
  • Debt collection officer
  • Business banking managers
  • Financial adviser
  • Equity analyst
  • Financial analyst