5 Toughest Bank Jobs That Pay Well (2024)

Investment bankers advise companies on mergers and acquisitions, public offerings, and other financial transactions. They work long hours, deal with complex financial concepts, and are under pressure to deliver results. But the rewards can be significant, with top earners pulling in millions of dollars per year.

1. Investment Banker

5 Toughest  Bank Jobs That Pay Well (2024)

FAQs

What is the hardest job in banking? ›

5 Toughest Bank Jobs That Pay Well
  1. Investment Banker. Being a Branch Manager is undoubtedly one of the toughest jobs due to the myriad of responsibilities it entails. ...
  2. Bank Manager. Quantitative analysts: Math wizards + coders who untangle financial mysteries. ...
  3. Quantitative analyst. ...
  4. Risk manager. ...
  5. Compliance officer.
Feb 19, 2024

What is the highest paying job at a bank? ›

The best-paying jobs in major banks include financial analysts, accountants, and managers overseeing financial operations, marketing, and sales. Most of the highest-paying jobs major banks offer require at least a bachelor's degree and several years of experience.

Which banking job has the highest salary? ›

Highest-paying banking jobs
  • Credit analyst. ...
  • Financial analyst. ...
  • Fund manager. ...
  • Finance manager. ...
  • Foreign exchange trader. ...
  • Budget analyst. ...
  • Branch manager. ...
  • Investment banker.
Apr 18, 2024

What is the highest paid banker job? ›

Here are some of the following best-paid banking jobs:
  • Senior branch manager. ...
  • 3.. Financial planner. ...
  • Investment manager. ...
  • Portfolio manager. ...
  • Financial analyst. ...
  • Senior financial advisor. ...
  • Senior business analyst. ...
  • Data scientist.
Apr 18, 2024

What is the most thankless job in banking? ›

The chief risk officer plays one of the most important and least appreciated roles in American business. The people in these positions succeed if their companies avert failure.

What is the hardest bank to get a job at? ›

Ex-Goldman Sachs helping train students/recent grads to secure jobs in banking - 90% placement rate to banks like GS, UBS and JP. These are the 10 hardest investment banks to get a job at in the world🌍👇 1. JP Morgan 2. Goldman Sachs 3.

Which position is best in a bank? ›

For those seeking a career in banking, here are some of the top high paying and popular bank jobs in India.
  • Investment Banker. Investment banking is one of the most lucrative careers in the banking sector. ...
  • Wealth Manager. ...
  • Risk Manager. ...
  • Credit Analyst. ...
  • Branch Manager. ...
  • Financial Analyst. ...
  • Relationship Manager. ...
  • Treasury Manager.
Feb 25, 2023

Who are the highest paid bank employees? ›

The highest paying jobs in banking and financial services
  • Quants earn $178k in salary on average, higher than some revenue-generating roles. ...
  • Risk professionals earned $173k salaries and $98k bonuses, on average, in our survey. ...
  • Compliance bonuses are also comparatively small at $62k.
Apr 3, 2024

Who earns the most in a bank? ›

The highest paying jobs in retail banking usually belong to loan officers and major corporate executives, such as the chief financial officer (CFO) and chief risk officer (CRO).

What bank hires the most? ›

Citi, US Bank, Wells Fargo and JPMorgan Chase, four of the US' largest five banks, are the most active recruiters in world banking for the year to date. The second largest US bank by assets, Bank of America, drops out of the top 10 most active recruiters when looking at comparable date for the same period last year.

Which bank pays the most as a teller? ›

Top companies for Tellers in United States
  • Citi. 3.9 $22.43per hour. 19,932 reviews120 salaries reported.
  • Flushing Bank. 3.5 $22.09per hour. 73 reviews54 salaries reported.
  • Bank of the West. 3.4 $20.36per hour. 1,598 reviews7 salaries reported.
  • M&T Bank. 3.4 $19.93per hour. ...
  • Wells Fargo. 3.7 $18.75per hour. ...
  • Show more companies.

What bank pays the highest rate? ›

With a 5.25% rate, UFB Direct offers the highest APY high-yield savings account. In both our MarketWatch Guides rating and user experience ranking, SoFi Bank came out on top and still pays up to 4.60% APY.

Can you become a millionaire as a banker? ›

It is fairly common for front-office investment bankers to be earning over US$1m after 8 years in the industry. But it caps out at around US$20m, which is how much a top-performing investment banking CEO gets.

What career path makes the most money? ›

Highest-Paying Occupations in the U.S.

Unsurprisingly, physicians, surgeons and psychiatrists rank near the top of the list. But chief executives, airline pilots and athletes also rank high. Many of the highest-paying occupations in America are also among the fastest-growing jobs.

Can you make a lot of money working at a bank? ›

Bank jobs generally come with good compensation. With a banking job, you can be sure of a steady source of income with high salaries. Depending on the job, you can earn upward of $30,000 in an entry-level role. Many higher-level jobs provide salaries of over $150,000.

What is the hardest job to get in finance? ›

1. Investment Banker. Roles in investing banking are highly sought after. For investment bankers, it's often a higher competition to land a role in one of the largest firms.

Is banking a stressful career? ›

Bank Tellers often face a fast-paced environment, managing financial transactions with precision while providing excellent customer service. Stress can arise from handling large sums of money, adhering to strict security protocols, and dealing with diverse customer needs.

What type of bankers earn the most? ›

Below are some of the highest-paying jobs at banks, from entry-level positions to managerial roles.
  • Investment Banker. Investment banking is a lucrative career in the finance industry. ...
  • Financial Manager. ...
  • Loan Officer. ...
  • Commercial Banker. ...
  • Equity Analyst. ...
  • Financial Advisor. ...
  • Budget Analyst. ...
  • Credit Analyst.
Nov 21, 2022

What job is the most difficult? ›

The 9 Hardest, Most Demanding & Difficult Jobs
  • Surgeons. ...
  • Military Personnel. ...
  • Firefighters. ...
  • Social Workers. ...
  • Astronauts. ...
  • Special Education Teachers. ...
  • Miners. Generally working deep underground or in dust-filled, open mines with precipitous cliffs, miners face some of the harshest working conditions imaginable. ...
  • Oil Rig Workers.
Jul 16, 2023

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