Financial Planner: A financial planner helps clients in making investment decisions taking into account their financial goals. Highly trained and experienced financial planners are typically in high demand in high-profile corporations and businesses. Apart from investment planning, a financial planner performs risk management, retirement planning, cash flow management, insurance planning and tax planning services. This job requires new candidates to be proficient in tax laws, insurance, investment strategies and real estate.
Actuary: A professional actuary works with an insurance company. The job of an actuary involves ascertaining the cost of insurance policies. Actuaries also decide the financial impact of risk and whether one should receive insurance or not. This job requires strong mathematics, problem solving and decision-making prowess.
Budget Analyst: Budget analysts are responsible for creating company budgets. They assess the limit of financial expenditures on ongoing and future projects. Through careful cost management analysis, they facilitate reduction in expenses and increase in revenues. The job of a business analyst demands excellent communication skills.
Loan Officer: A loan officer works with a bank and decides the approval and denial of loan applications. S/he assists customers in fulfilling all the requirements to apply for loans. A loan officer verifies the information provided by customers and also analyzes whether they will be able to payback the loan amount. This job requires client servicing and decision making skills.
Singapore Finance Jobs: Pay Structure
Average annual salaries as per 2008 data:
Actuary - around $5,100
Fund Manager - around $8,100
Credit Analyst - around $4,600
Financial Analyst - around $6,000
Budgeting Manager - around $8,000
Commodities and Futures Broker - around $17,500
Foreign Exchange Dealer and Broker - around $11,000
Personal Banker - around $ 6,250
Securities Dealer and Broker - around $5,700