Your Essential Guide to Entry-Level Finance Jobs in New York City

Embarking on a finance career in New York City offers a myriad of opportunities for recent graduates and newcomers to the industry. The city's dynamic finance sector is actively seeking fresh talent, making it an inviting landscape for those eager to start their professional journeys.

Job Summaries:

Financial Analyst:

Dissect financial data to aid in informed business decisions
Prepare comprehensive reports
Forecast revenues
Perform variance analysis
Bachelor’s degree in finance or accounting typically necessary
Strong analytical abilities required
Proficiency in Excel required

Investment Banking Analyst:

In the fast-paced realm of investment banking, Analysts support senior bankers in high-stakes transactions like mergers and acquisitions.
Key tasks include developing financial models, crafting pitch books, and conducting thorough market research.
A finance or economics degree is essential, along with exceptional quantitative skills and meticulous attention to detail.

Accounting Assistant:

Managing invoices
Processing payments
Reconciling accounts
Strong organizational skills
Attention to detail
Foundational understanding of accounting principles

Corporate Finance Associate:

Corporate Finance Associates play a vital role in financial planning, analysis, budgeting, and forecasting.
A solid grasp of financial statements is necessary, typically supported by a degree in finance or business.

Financial Operations Analyst:

Focus on optimizing financial processes within an organization.
Analyze current operations.
Identify areas for improvement.
Assist in implementing new systems.

Tax Analyst:

Tax Analysts are responsible for preparing tax returns.
Tax Analysts research tax laws.
Tax Analysts ensure compliance with regulations.
Typically, a degree in accounting or finance is required.
A solid understanding of tax codes is necessary.

Risk Management Analyst:

Evaluating potential financial risks is the primary task of Risk Management Analysts.
Duties involve conducting risk assessments.
Duties involve developing mitigation strategies.
Duties involve communicating findings to stakeholders.

Credit Analyst:

Assess credit data and financial statements to evaluate lending risks.
A bachelor’s degree in finance or economics is typically required.
Robust analytical abilities are necessary.

Financial Consultant:

Financial Consultants offer clients guidance on investments.
Financial Consultants assist with estate planning.
Financial Consultants provide advice on financial management.
Strong interpersonal skills are essential for Financial Consultants.
A degree in finance or business is essential for Financial Consultants.

Budget Analyst:

Budget Analysts are tasked with preparing and tracking organizational budgets to ensure compliance with financial constraints.
A degree in finance or accounting is typically required.

Financial Reporting Analyst:

Prepare financial reports
Analyze data
Ensure compliance with regulations
Bachelor’s degree in finance or accounting is necessary

Payroll Coordinator:

Manage employee payroll processes
Ensure accuracy and compliance
Background in finance or accounting is beneficial

Investment Research Associate:

Investment Research Associates conduct market research and analyze investment opportunities.
A degree in finance or economics is required.

Compliance Analyst:

Compliance Analysts ensure that organizations adhere to financial regulations and internal policies.
A degree in finance, law, or business is typically required.

Financial Coordinator:

Financial Coordinators are responsible for managing financial records.
They assist with budgeting.
They provide reports to management.
A degree in finance or business is required.

Treasury Analyst:

Treasury Analysts oversee an organization’s cash flow, investments, and financial obligations.
A degree in finance or accounting is usually required.

Grant Financial Analyst:

Handling the financial aspects of grant-funded projects
Ensure compliance and adherence to budgets
A background in finance or accounting is necessary

Actuarial Analyst:

Actuarial Analysts apply mathematics and statistics to assess risk in finance and insurance.
A degree in mathematics, statistics, or actuarial science is typically required.

Real Estate Financial Analyst:

Real Estate Financial Analysts analyze financial data related to real estate investments.
They assist in developing financial models.
A degree in finance or real estate is typically required.

Financial Data Analyst:

Focusing on analyzing data to derive insights
Financial Data Analysts support decision-making processes
A degree in finance, data science, or a related field is required.

These entry-level roles collectively provide a robust pathway into New York City's finance sector, each offering distinct opportunities for growth and specialization. To kickstart your finance career, explore current openings on platforms like Indeed, LinkedIn, and Glassdoor.

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