How Many Jobs Are Available In Investment Managers?
People interested in asset management or investing may be suited for a number of finance positions. These positions entail assisting businesses and people in creating and implementing plans to achieve financial objectives while solidifying client relationships. You can choose your professional path by learning about the positions available to investment managers. This article answers the question, “How many jobs are available in investment managers positions?” by emphasizing a number of positions in the field, explaining several things to think about before entering the profession, and identifying the advantages of working there.
What Is Investment Management?
To assist clients in achieving their financial objectives, investment management comprises managing the funds and assets of a business or individual client. The job frequently comprises developing and implementing strategies that help firms find lucrative investment possibilities. For instance, a portfolio manager might suggest investing to a client after using financial research to forecast stock movements. The following are some additional investment management responsibilities:
- assisting businesses in determining their risk tolerance and helping clients choose the right investments
- formulating investment plans and strategies and keeping track of asset performance
- guiding clients as to when to acquire or sell financial assets at the greatest price
- handling the investment accounts of clients
- utilising anti-fraud procedures and anti-money laundering rules to make sure customers follow industry norms and standards
- assisting businesses in determining the financial viability of new investment initiatives
- using market trends analysis to forecast stock pattern
- the formulation of investment policy statements
- purchasing or selling financial assets on the client’s behalf
How Many Jobs Are Available In Investment Managers?
There are numerous opportunities in the field of investment management, which is the answer to the question “How many jobs are available in investment managers positions?” The sector employs more than 2.3 million people, according to the government’s 2022 annual financial industry evaluation. According to the research, the sector provides about 1.2 million job openings for financial service providers including investment managers. With more than £11 trillion in financial assets, it places the nation as the biggest asset management powerhouse in Europe. As a premier location for financial management, there are several employment options to take into account.
The following are some of the most typical positions held by investment managers:
| Job Title | Number Of Jobs | 2020-2030 Job Growth Rate |
Job Openings |
| Finance Manager | 388K | 16% | 135K |
| Finance Analyst | 387K | 6% | 160K |
| Finance Advisor | 203K | 7% | 116K |
| Research Assistant | 201K | 20% | 58K |
| Wealth Manager | 92K | 7% | 152K |
| Credit Analyst | 65K | -4% | 25K |
| Trader | 30K | 4% | 15K |
| Investment Banking | 22K | 6% | 52K |
| Equity Trader | 22K | 4% | 15K |
| Portfolio Manager | 15K | 16% | 45 |
Examples Of Investment Management Jobs:
Understanding the responsibilities, pay scales, and work environments of distinct investment management positions can be achieved by learning about them. You can use this knowledge to choose the career path you want to take. Think about the following choices:
Business Development Specialist:
Specialists in business development assist firms in locating prospects for growth and creating plans to draw in and keep customers. They can look for work at small businesses or at corporations where they assist many different clients. These specialists are frequently hired by businesses to study the variables affecting the competitiveness of their products and to provide marketing strategies and growth plans.
Financial Advisor:
Experts in the field of finance, financial advisors assist clients in making financially responsible decisions. They frequently have a thorough knowledge of market trends and the finance sector. They make use of this information to assess the resources and investment objectives of a company or an individual, detect and manage potential risks, discover fresh investment opportunities, and create personalised investment plans.
Bid Manager:
Experts who solicit and submit bids to potential customers or partners of a firm are known as bid managers or Request for Proposal (RFP) managers. To receive and evaluate ideas, they might work in asset or investment management companies. Additionally, bid managers conduct research, develop proposals, categorise hazards in bids, and suggest mitigating actions. Additionally, they might develop bid tactics and haggle with sellers to get their clients good offers on assets.
Portfolio Manager:
The investment portfolio of an organisation is created and managed by a portfolio manager. This portfolio is a grouping of securities that a business or person can purchase, keep, or sell—ideally at a profit—including stocks, bonds, real estate, cash, and cash equivalents. Managing a portfolio investment entails researching the market to find investments and assets that are expected to appreciate in value, keeping tabs on them while they do so, and profitably selling them when the time is right.
Fund Accountant:
Accurate records of a company’s financial assets and transactions are kept by fund accountants. They frequently produce regular reports and update these records on a daily or weekly basis to assist other investment management staff in monitoring the company’s financial health and identifying dangers. Fund accountants may also buy or sell assets on behalf of clients, inform clients of a firm’s investments, and carry out ordinary accounting duties like budget reconciliation, depending on their job description and the size of the business.
Statistical Methodology Jobs:
Statistical techniques Making educated investment decisions requires the analysis of financial data and the application of statistical methods in professions in this sector. Here are a few illustrations:
Financial Analyst:
Financial analysts use their domain expertise to do market research, examine data, and advise customers on the best investments. They have the ability to manage customer investment portfolios and design investment plans. They may analyse financial data to assess an organization’s value and generate financial forecasts based on recent or historical market patterns. They might seek employment in securities companies or investment banks, or they might deal directly with clients.
Equity Analyst:
Investment management firms, investors, and brokers can benefit from the financial advice that equity analysts provide thanks to their understanding of the stock market. The work frequently entails keeping an eye on market movements and analysing securities data to spot profitable investment opportunities. These professionals can forecast market patterns using data modelling tools, enabling them to advise clients on promising stocks and bonds. While several stock analysts provide simultaneous financial advice to numerous organisations, these professionals might also function as permanent workers in various businesses.
Factors To Consider Before Working In The Investment Management Industry:
The prerequisites for various investment banking positions differ. Before entering this sector, you should think about the following things:
Educational Requirements:
Many employers favour investment managers with backgrounds in accounting, finance, or business administration. For an entry-level position, a bachelor’s degree can be sufficient. A PhD or a master’s degree can be necessary as you develop in your work. A postgraduate degree can help you stand out from the competition. Depending on your area of expertise, you can also need professional credentials.
Work-Life Balance:
Prioritising both your professional and personal requirements equally is necessary for achieving work-life balance. The normal working hours for many investment management positions are between 8 a.m. and 5 p.m. You can schedule your time for personal interests after work thanks to this arrangement.
Work Experience:
Work experience in investment management might help you stand out from the competition and improve your competitiveness. Before graduating, several colleges require their students to perform internships. They are able to apply theoretical financial principles to real-world situations thanks to this requirement. By participating in apprenticeship programmes, you can increase your experience. As an alternative, you might work as a volunteer for an investment management company and get knowledge from seasoned investment managers. Your resume can benefit greatly from volunteering, and it can put you in touch with possible employers.
Career Advancement Opportunities:
There are frequently many prospects for job progression in investment management. For instance, you could begin as a junior-level independent financial analyst, gain work experience, and then advance to a senior-level managerial position. Investment managers may work for individual financial planners, private or public companies.
Advantages Of Working In Investment Management:
A job in investment management includes a number of advantages, including the following:
- In order to stay current with rules and procedures and to monitor market trends, you must work in the wide field of finance. As a result, the sector might offer enough variety, intellectual stimulation, and a test of innovative thinking.
- Investment management is often a financially rewarding profession with competitive remuneration. As your career progresses, you might deal with wealthy clients or big businesses that offer competitive pay and attractive bonuses.
- Early career beginning With only a bachelor’s degree needed for many entry-level investment management positions, you can start working right after graduation. Use these entry-level positions to build your professional network and accumulate funds towards your master’s degree.
Final Thoughts:
Working for an investment manager can be financially profitable as well as personally fulfilling, but you must be prepared for a challenging workload and intense competition.
If you’re starting out in this industry, it pays to have a long-term perspective, as any competent investment manager should. For instance, until 2030, jobs in finance and portfolio management are predicted to expand by 16%, whereas analyst jobs are predicted to grow by 50% or less.
Your pay and job security will both rise in the sector of investment management as you develop your people skills.
