So you want to work in finance, huh?
Be prepared. The banking and financial holdings industry means lots of work, long hours and dealing with complex financial issues that perplex even the brightest amongst us.
But working in finance can also be truly rewarding. You’ll be helping people achieve life goals, such as buying their first home and sending their children off to university.
Did we also mention it’s one of the most lucrative fields around?
According to the folks at HRC Associates, entry-level salaries can hover around $90,000 per year, while professional and managerial salaries can range from $125,000 to around $470,000 annually.
If you’re trying to break into this industry, here’s five amazing jobs to get you started.
If you’re interested in areas such as insurance, financial services giant Maritime Financial needs you for their team. Ideally, you’ll have a bachelor’s degree and some insurance industry experience under your belt before you apply.
No B.A. or B.Sc. yet? No worries — still apply if you’ve got two solid GCE A Levels under your belt. You’ll also set yourself ahead of your competition if you’re pursuing a LUTC, FLMI, CFP, CII or the equivalent of any of these.
If the rest of you is impressive enough (they’re also looking for excellent interaction and self-management skills), you just might score that interview. Just sit back and imagine how great all that responsibility will look on your résumé.
Sometimes, companies recruit candidates anonymously through headhunters and recruitment agencies. It’s their way of avoiding being overwhelmed by anxious candidates calling their offices and checking to see if they got the job. It’s also a great way of not letting their competition know what they’re up to.
For this job, focus on the requirements and the great package: health benefits, financial assistance with continuing education courses and sales incentives.
And make sure you have strong sales skills and a knack for business — you’ll be working with underwriters to learn how to evaluate risk, develop referrals to brokerage facilities, and craft marketing plans to drive business. It’s a great opportunity to get paid to learn on the job.
They’re looking for someone to audit and verify transactions, prepare audit schedules, and investigate and resolve revenue and income discrepancies. Ideally, you’re working on getting your CAT/Level 1 ACCA or CIMA qualification and you have three years’ experience in Treasury Management or a similar role. Just make sure you’ve got knowledge in an accounting software programme like QuickBooks — you’ll need to hit the ground running when you’ve started the job.
The newly rebranded Massy Finance GFC has been posting tons of job vacancies lately. The financial powerhouse is now looking for a Network Liaison Officer for all assigned accounts in Trinidad and Tobago.
The perfect candidate will develop and maintain great relationships with customers and agents. You’ll have to be up-to-date on industry trends — including competitors’ strategies — and be great at spotting business opportunities within target markets. This is a role with a lot of potential for professional growth.
Thinking of sending your résumé into Massy Finance? Make sure you fit their criteria — they need a candidate with a diploma in Business Management (or a business-related discipline), three years’ experience in a customer service and sales environment, and proficiency in all things Microsoft Office.
Interested in working in Trinidad and Tobago’s thriving energy services sector? Touchstone Exploration (Trinidad) Limited (the local arm of Canadian gas exploration and production company Touchstone Exploration) is looking for an assistant accountant to report to their General Manager of Business & Finance.
You’ll liaise with Touchstone’s head office and operational departments to do quarterly testing of internal control processes. You’ll also handle a variety of accounting tasks, like calculating monthly royalty accruals, and quarterly and biannual royalty payments; and processing quarterly Green Fund and Business Levy tax payments.
Make sure you’ve completed ACCA Level 2 and are starting work on Level 3 to get this job. If you’re not on the ACCA track just yet, they’ll also accept an equivalent accounting qualification. You should also be familiar with the Petroleum Taxation of Trinidad and Tobago and the Income Tax Act. And don’t be intimidated by the five (5) years’ experience requirement — just make sure you can demonstrate your value in any previous accounting position.
Look at it as a great way of getting experience within a global company — making you attractive to future employers and setting you on the path to an impressive finance career.