How Many Jobs Are Available in Finance? Best Careers Listed

Are you looking to switch careers? Do you have an interest in the finance industry?

If this is you, then you are probably wondering, how many jobs are available in finance?

The finance industry is currently growing, and it is one of the most lucrative and stable industries. 

Different roles in investment banking, financial planning, and consumer finance services await individuals with a range of abilities.

Overview of the Finance Job Market

Are you aware that the finance industry is in high demand? With thousands of new positions opening every month.

And no, it is not just about banking anymore; the industry offers roles that cater to your skills and interests.

You can now be part of the industry through the following:

• Investment Banking 
• Asset management 
• Fintech
• Cryptocurrency 
• Sustainable investing 
• Insurance 
• Bookkeeping 
• Tax 

Even if you choose to work on Wall Street or in a bank, there’s an opportunity for you somewhere.

You just have to do your research. 

Why Finance Jobs Are in High Demand

Money is an important aspect of life. As long as money keeps coming in, you will surely need someone to help you manage it.

Finance jobs will always be in high demand as long as you need a loan or financial advice.

Here are a few reasons why Finance jobs are in high demand: 

• Businesses, no matter the size, would always require financial assistance
• Uncertainties in the economy would require financial analysis to manage assets, investments, and risk
• New economic regulations would need compliance specialists 
• Technological advancements, such as Fintech, AI trading, and digital banking are creating new career paths. 
• The finance industry is no longer limited to Wall Street. New markets are emerging.
• High salary and stability 
• Retiring Baby Boomers are leaving gaps in the workforce
• Governments need economic advisors
• Consumers are relying on financial advisors and loan officers for mortgages and credits.

According to the US Bureau of Labor Statistics, employment in business and financial occupations is projected to have 963,500 openings from 2023 to 2033. 

Professional financial planners and directors serve growing economic markets because they manage investments and finances.

The market requires new talented professionals who can create finances and direct investments, which raises the demand for your skills.

You just need to grab the opportunity as soon as possible. 

Job Growth Trends in the Financial Sector

Did you know that the Bureau of Labor Statistics projects a 7% growth rate for financial jobs in the next ten years?

This number is higher than any other occupation in the world.

But the interesting part here is, some roles are expected to grow faster than others. 

For example, Jobs for financial analysts are likely to see an 8% increase from 2022 to 2032.

This means that there should be about 27,400 jobs for financial analysts each year for the next 10 years. 

Currently, the hottest areas are:

• FinTech, including digital payments, blockchain, and AI-driven finance solutions
• Risk Management 
• Sustainable Investing, including Environmental, Social, and Governance (ESG) investing

How Many Jobs Are Available in Finance?

The big question now is, how many jobs are available in finance in USA?

Well, the answer is “more than enough.” According to BLS, there are over 7 million finance-related jobs in the country, with about 750,000 new positions created annually. 

The finance sector is a major employer in the US.

On average, the finance and insurance sector employs more workers than any other employment sector. It employs an average of 6.2 persons per business.

So, between 2018 and 2023, the number of employees reached 7,605,892. 

According to sources like IBISWorld and Data USA, over 8 million people were employed in the finance and insurance industry as of 2024.

The role that is likely to see more growth than the others is financial analyst.

Do you know how many jobs are available in finance in California alone? About 900,000. Cali is one of the largest finance hubs in the US.

It is one of the best places to begin your career.

The city is good for venture capital, fintech, and entertainment finance.

If you are interested in how many jobs are available in finance consumer services?

You should know that this sector has seen steady growth over the last year. It includes roles like financial advisors, loan officers, and credit analysts. 

The growth in finance roles can also be attributed to factors such as: 

• Economic conditions
• Technological advancements (fintech)
• Regulatory changes 

Roles in the financial sectors may differ due to the various industries.

Some of these roles include: 

• Chief Financial Officer (CFO)
• Investment Banker
• Portfolio Manager
• Financial planner 
• Compliance manager 
• Fintech risk analyst
• Equity research analyst 
• Legal and compliance officer 
• Internal auditor
• M&A analyst 
• Fintech strategist
• Hedge Fund Manager 
• Quantitative developer

Most In-Demand Jobs in Finance (With Salaries & Growth Rate)

Most financial jobs need the best candidate.

These jobs are not equal as some pay more money than the others.

Here are some of the best paying and in-demand roles in finance: 

Job	Description	Salary	Growth Rate
Chief Financial Officer (CFO)	Manage company financial activities Analyse and manage risksTrack cash flow and propose strategies	$142,000-$250,000	8%
Chief Compliance Officer (CCO)	Ensures regulatory and legal complianceImplements and develops internal policies and regulationsRisk assessments and mitigation	$91,000 – $278,000	8%
Investment Banker	Adviser on mergers and acquisitionsHelp raise capital through stocks and bonds Perform analysis to prevent riskUnderwriting during sale of securities	$108,000 – $201,000	7%
Portfolio Managers	Making investment decisions on behalf of clients Managing Investment portfoliosMonitoring market trends and developing strategies to make a profit.	$99,000 – $167,000	17%
Hedge Fund Managers	Overseeing hedge fundsMaking investment decisions on behalf of the Hedge fundRegularly assess the hedge fund against benchmarks and make adjustments	$94,000 – $160,000	7%
Credit Risk Managers	Assesses and manages credit riskAnalyses creditworthiness of borrowers Implement strategies to prevent losses from loan defaults	$100,000 – $125,000	6%
Economist	Studying and analyzing data on economic trendsUsing tools to identify patterns and predict future trendsAdvising on policy and business strategies	$80,000 – $200,000	6%
Financial Analyst	Evaluates financial dataConducts market researchGive investment recommendations on how to maximize financial performance	$95,000 – $160,000	9%
Financial Advisors	Gives financial adviceCreate personalized plans for clients to meet their goals Tax planning	$80,000 – $148,000	17%
Accountant	Keeping financial recordsPrepare financial statements Conducts audits and advises on tax and financial strategies.	$78,000 – $132,690	7%

Best Locations for Finance Jobs in the U.S. & Globally

There are finance jobs in every city in the world.

So, as a job seeker, you should understand that location matters when choosing a finance career.

Certain metropolitan areas provide better wage possibilities along with more job prospects than other locations.

Some cities possess different levels of economic stability during economic downturns. 

The best cities in the US for finance jobs are:

• New York City (NYC): The United States identifies NYC as its financial capital. Goldman Sachs performs its financial operations together with JP Morgan Chase and Morgan Stanley from this particular location. The annual salary for employees who work in the finance sector amounts to $135,000.
• Chicago, IL: Chicago ranks as one of the crucial financial hubs in the United States territory. The city operates trading platforms that specialize in commodity trading and option contracts, together with futures contracts. 

Two major stock option exchanges operate as the world’s largest out of all of Chicago‘s numerous institutions.

The typical earnings in the city amount to $112,000. 

• San Francisco, CA: This city is the center of FinTech. This location offers a home for startups together with venture capital companies and Fintech corporations. The average annual compensation for financial workers in this location amounts to $145,000. 
• Boston, MA: You won’t be wrong to refer to Boston as a major hub for asset management and investment firms. The city is also home to Fidelity Investments, State Street, and venture capital firms. The average salary is $108,000.
• Los Angeles, CA: The city maintains a rapidly expanding financial services sector, which invests strongly in private equity businesses as well as real estate assets and entertainment. The average salary is $115,000. 

Top Cities for Finance Jobs

Here are the top Cities in the world for Finance jobs: 

• London, UK: London is considered the financial capital of Europe. It also has the largest equity market in the continent. London provides an average of 290,000 jobs despite Brexit concerns.

The London Market focuses on foreign exchange insurance and international banking.

The London Stock Exchange and Barclays enhance employment opportunities for upcoming professionals within the city.

Professional finance workers in London receive an average salary of £85,000 annually.  

• Singapore: Singapore is currently Asia’s top financial center. It is also considered a leading international financial center. The city is known for its wealth management, fintech, and global banking. Singapore salaries in finance amount to an average of S$95,000, offering substantial tax benefits.

Singapore also has a business-friendly environment, and its regulations make it a prime location for finance professionals.

• New York: This city is one of the best cities for finance jobs. It is the unrivaled capital of global finance. It caters to many aspects of finance, including investment banking, asset management, and trading. 

New York provides the right connections and environment to launch your career.

The competition might be fierce, but the rewards are substantial.

Emerging Markets for Finance Professionals

The finance market is expanding beyond the popular cities.

These cities are quickly becoming hot spots for finance jobs:

• Shanghai, China: The city has a booming stock exchange and global investments.
• São Paulo, Brazil: São Paulo functions as the economic hub of South America while maintaining powerful banking sectors along with substantial investment businesses. São Paulo maintains the largest stock exchange operation in South America through BM&FBovespa.  
• Mumbai, India: The city is home to India’s largest banks and stock exchanges.
• Dubai: The country’s financial job market is growing rapidly. It even offers professionals with tax-free salaries.
• Hong Kong: Professionals can access job opportunities in banking and asset management.
• Toronto: Canada’s finance capital provides professionals with good FinTech opportunities.

Remote Work Trends in Finance Careers

Finance careers used to mean people in suits and skyscrapers.

But things have changed and more companies are beginning to embrace remote work.

About 35% of companies now offer remote work opportunities. 

With remote work, finance careers are more accessible than ever, regardless of your location.

You can also attribute the growth of finance jobs to the following reasons: 

• Finance companies have realised the work can operate well in a virtual environment 
• Accounting software, secure file sharing, and real-time communication help smooth collaboration.
• Professionals can now analyze financial statements and coordinate accounts with auditors online.
• Companies can now employ professionals from around the world. 

How to Get a Job in Finance (Step-by-Step Guide)

If you are looking to have a financial career, it is okay to have questions like how many jobs are available in finance or consumer services or how to get a job in finance.

Here is a step-by-step guide on how to get a job: 

• Find your Niche: You have to know what sector of the market you are interested in. Do adequate research. 
• Get the Right Education: Most positions require at least a bachelor’s degree in finance, accounting, or economics. However, you might also need special certification for the niche you have chosen. Having extra certification can set you apart. 
• Work on Your Resume: If you want to stand out, have a good resume. You can even consider using the Undetectable AI Resume Builder to work on your resume. Use our tool to create a high-impact financial resume. 

• Apply for Jobs: Find a job that meets your goals and send in your resume. To speed up your application process, you can use our auto applier tool. Our AI Job Auto Applier can help you apply to multiple jobs and customize your application to each job. All you need to do is provide your resume. 

• Build a Network: Attend various finance events to meet with top officials in finance companies. You can also join finance groups on LinkedIn to connect with other professionals. 
• Gain Experience: You can gain more experience through internships. This will benefit you especially if you are looking for entry-level positions. 

You can also explore our AI Detector and Humanizer in the widget below!

FAQs About Finance Job Availability

Conclusion

Finance is one of the best industries to work in.

With the growth rate, there is no better time to start a career in finance.

Just find the job that works best for you.

If you want to make your application process faster, use all of our AI tools today.