How Many Jobs Are Available In Finance Consumer Services?:
Finance Consumer Services or Finance Retail Services are those services rendered to ordinary consumers, these services provide customers with loans and collect interest as authorized. In this Industry, there are varieties of jobs. For someone who is thinking of a career in the industry or a change of career, this article will provide you with the necessary information on the jobs available in the industry.
How Many Jobs Are Available In Finance Consumer Services
The are a lot of jobs that can be found in the Finance Consumer Services Industry. Jobs that suit your interest or jobs with good pay, some of those jobs include;
Consumer Loan Officer
A consumer loan officer formulates and services consumer loans such as residential mortgage loans and unsecured personal loans. Interview loan applicants to know their financing desires and to give suitable loan products and repayment arrangements.
They earn an average annual salary of $46,000 per year. To become a consumer loan officer, one is required to have certain educational certifications or bachelor’s degrees in finance, business, or accounting as well as experience in insurance, risk assessment, underwriting, or banking.
Accounting Associates assist Auditors and Accountants with bookkeeping, accounting, and administrative clerical tasks such as assisting payroll processing, filing and answering telephones, preparing financial documents, and so on.
They earn an average annual salary of $47,000 per year. A career in Accounting Associate requires at least a bachelor’s degree in accounting, mathematics, or finance. One can also obtain a master’s degree or other relevant professional certification in the field. Also, some personal skills such as computer skills and the ability to pay attention to details are required.
The credit manager is assigned the responsibility of developing credit scoring models, determining interest rates, setting loan terms, and so on.
They earn an average annual salary of $68,000 per year. A Credit Manager’s requirements include; a bachelor’s degree in business administration, finance, accounting, or a closely related field. Substantiated work experience as a Credit Manager. Advanced understanding of accounting software and a good knowledge of lending procedures.
A Staff Accountant is commissioned with the obligation of overseeing all accounting procedures while promoted on overall finance courses. They are also charged with the obligation of organizing and evaluating financial document affidavits and reports.
They earn an average annual salary of $53,000 per year. To pursue a job as a Staff Accountant, you need to be very good at Microsoft Word and Microsoft Excel. You must have a Bachelor’s degree in finance or accounting or a similar field, as well as advanced knowledge of mathematics and data analysis.
An Admin Assistant is responsible for carrying out the day-to-day operations of an office like feeling paperwork, answering phone calls, preparing documents for meetings or conferences, and managing the calendar of their supervisors or administrators. They earn an average annual salary of $49,000 per year.
An Admin Assistant is required to have at least a General Education Development (GED) certificate or a high school diploma. Also Experience and proficiency in Office Management skills. Excellent time management skills, good attention to detail, ability to multi-task, and so on.
Few positions accept a minimum of an associate degree, while some organizations may even accept a bachelor’s degree.
A collector is a worker that’s tasked with the responsibility of recovering overdue payments. It is their responsibility to locate debtors via phone or email and ensure they pay their debts. They also assist by negotiating repayment plans and strategies that’ll help in clearing the debt.
They earn an average salary of $33,000 per year. Qualifications to work as a Collector may include at least a high school diploma or a General Education Development (GED) certificate, advanced computer skills as well as experience in consumer service or sales.
Finance Technologist Lead
A Finance Technologies Lead executes detailed accounting and financial support work accurately and in quick time. They Make precise mathematical, statistical, and financial computations.
They earn an average annual salary of $69,000 per year. A Finance Technologist lead is required to have a high school diploma or a General Education Development certificate. You can also have an associate degree in the field.
Customer Service Representative
A Customer Service Representative (CSR) assists customers with their complaints and questions, provides customers with information about products and services, takes orders, and processes returns. By helping customers know more about the products and answering questions about their reservations they are sometimes seen as having a role in sales.
They earn an average annual salary of $35,000 per year. To acquire a position as a Consumer Care Agent you need to have strong phone contact handling skills and good listening skills, a good understanding of CRM systems and processes, and experience as a client service representative.
A Finance Associate is tasked with the responsibility of sustaining the efficient and optimal financial processes of a company. They advise companies on manners to minimize costs, maximize income and oversee intricate financial and accounting processes to guarantee the success and growth of a company.
They earn an average annual salary of $70,000 per year. A position as a Finance associate requires a bachelor’s degree in statistics, accounting, economics, finance, or a similar field.
An Investment Officers responsibilities are to spot business opportunities and seal investment opportunities that stimulate the financial interest of an organization. An Investment Officer is also charged with the responsibility of handling financial transactions, managing portfolio projects building client relationships, and so on.
They earn an average annual salary of $88,000 per year. One is required to have several years of experience as well as a degree in Master of Business Administration (MBA) to obtain a portion as an Investment/Finance Officer.
There are a handful of jobs in the Finance Consumer Services Industry, and only a few were mentioned above. Some of these jobs will require you have specific qualifications, while some will require the minimum qualification of a high school diploma. So whichever suits your interest, you’re sure to find a job for you.