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Entry Level Finance Jobs

Entry Level Finance Jobs

In this post, we will be talking about entry-level finance jobs you can apply for. Finance jobs are majorly associated with financial institutions although other organizations offer finance jobs too. We need to have a clear understanding of what finance jobs are before we fully delve into the topic. 

If you are a job seeker and you want to work in the financial sector, this post is for you as you must be asking yourself this question “how do I find entry-level finance jobs near me?”. Finance jobs cover all job types in the financial sector but let’s focus on some of the best-paying jobs in finance and with the question “what are good entry-level finance jobs in mind?”

Requirements For Finance Entry Level Jobs

Let’s focus on requirements for entry-level finance jobs with no experience. For an entry-level position in any reputable financial institution, an undergraduate degree in a finance-related discipline is what you need. Although employers assert they recruit majors of various kinds, your academic record should preferably show that you can comprehend and manipulate numbers. Expertise in business basics, computing, accounting, applied mathematics, and economics are the basic requirements for an entry-level job in finance.

What Are Some Entry Level Finance Jobs?

Let’s take a look at the best entry-level finance jobs that pay well. 

Financial Analyst

Financial analysts are employed by investment firms, insurance providers, consultancy organizations, and other businesses. Consolidating and assessing projected revenue statements and budgets is their responsibility. They create forecast models, conduct business research, and write reports. Financial analysts investigate the state of the economy, market movements, and firm fundamentals.

The role of a financial analyst is one of the most sought-after in the financial services sector. A financial analyst’s primary responsibility is to sift through data to find opportunities or assess results to make business choices or investment recommendations. Within a company, financial analysts can have both junior and senior positions, and it’s a specialty that frequently opens doors for entry roles. It might be challenging to establish oneself in the financial services sector due to competition. This is why you will need to fully equip yourself with the necessary qualifications to work as a financial analyst.

They frequently offer advice on how to make investments, cut expenses, and boost financial success. For a position as an analyst, you need to have strong information technology (IT) abilities in addition to a bachelor’s degree in finance, accounting, or economics. The entry-level salary for financial analysts in Nigeria is 215,000 Naira

Investment Banking Analyst

One of the most prestigious sectors in the financial industry is investment banking. This is a sector where specialists help people, businesses, venture capital firms, and even governments with their capital needs. Investment banks help sell securities, take firms public, and handle mergers and acquisitions, reorganizations, and broker trades for both institutions and individual investors. They also underwrite new debt and equity for all kinds of corporations.

For people looking for an entry-level job in finance, investment banking is a popular career route because such roles sometimes offer significant pay. In the majority of banks, investment banking analyst positions are entry-level positions, and competition for these positions is fierce.

Banks are searching for applicants who are knowledgeable about financial modeling and possess strong mathematical skills. In a crowded job market, a CFA designation can set you apart from the competition. In investment banking, a 40-hour workweek is uncommon. Before deciding to pursue a career in this field, be informed of the expectations of the role, especially for entry-level positions.

At an investment bank, hedge fund, or venture capital company, an analyst often holds an entry-level position. Producing deal-related papers, doing market research and financial evaluations of corporate performance, and gathering evidence for due diligence are some of their most frequent responsibilities. 

An investment banking analyst help to decide whether particular actions or business deals are feasible based on recommendations based on the interpretation of financial data. The entry-level salary for an investment banking analyst in Nigeria is 305,000 Naira

Junior Tax Associate

Some financial services continue to be in high demand, particularly those that are related to taxes and the need to adhere to ever-changing local, state, and federal legislation. In addition to calculating and predicting payments, researching internal fiscal systems, analyzing returns and other tax-related documentation, and collaborating with auditors, these experts also develop and implement tax-related initiatives and policies.

Even though these tasks may seem obscure, careers in the tax industry frequently lead to management roles such as accounting manager, budget director, and even treasurer or chief financial officer (CFO). The typical candidates for this type of job should have a bachelor’s degree in accounting or at least accounting knowledge. The entry-level salary of a junior tax associate in Nigeria is 100,000 Naira

Financial Advisor

Financial advisors assess clients’ financial needs and guide them on investing, budgeting, and saving decisions. Advisors assist customers with financial planning for both short- and long-term objectives, including tax, retirement, and estate planning. In addition to offering financial advice, many advisors also sell insurance or offer tax services. They might provide financial services like mutual funds, manage investments directly, or act as a go-between for a client and an asset manager.

A financial advisor’s duties frequently extend beyond simply placing trades for their clients in the market. Advisors provide individualized financial plans that are designed to help clients reach their financial objectives using their knowledge and experience. These cover tax, budget, insurance, and savings methods in addition to investments. Additionally, financial advisors regularly check in with their customers to reassess their present circumstances and future aspirations and make the necessary plans. The entry-level salary of a financial advisor in Nigeria is 145,000 Naira

Risk Analyst

A risk analyst is a financial expert who counsels businesses on how to keep their domestic and foreign investment portfolios free of risky financial decisions. To forecast future financial losses, risk analysts examine the company’s portfolio, the worldwide market, and its upcoming trends. They advise their clients on how to implement diversification and currency exchanges to reduce risks that are typical in international markets.

There are four types of risk analysts and they are:

Credit risk analysts: They examine the hazards posed by consumers who refuse to pay for goods or repay loans. Analysts of credit risk work for commercial and investment banks, rating services, or credit card issuers. Additionally, they might work for mortgage companies, insurance companies, or other businesses that offer financial services.

Market risk analysts: They research how the stock market might affect the share prices of their company. They frequently work for different financial organizations, investment firms, or the energy sector.

Regulatory risk analysts: They evaluate the potential impact of new rules or legislative amendments on the stock market and the industry or business of their firm.

Operational risk analysts: They assist a company in creating contingency plans to deal with risky operational scenarios like employee fraud or product malfunction.

The entry-level salary of a risk analyst in Nigeria is 337,000 Naira


A financial specialist known as an underwriter evaluates a customer’s present financial standing, including their income, debt, and assets, to ascertain whether they qualify for a loan or not. They also assist in calculating the amount that their client is entitled to get. Loan eligibility is based on several financial parameters, including income, employment, and credit history, which are verified by underwriters. To determine whether a customer can afford a down payment, they also look at how much money is in their savings accounts.

Types Of Underwriters

Insurance Underwriter

The risk of insuring a property, an automobile, or a driver is determined by insurance underwriters. They evaluate people who apply for life insurance plans as well.  If the agreement is lucrative for the insurer, it will be determined by insurance underwriters. They take into account whether the applicant satisfies the requirements to be eligible for an insurance policy. The sort of coverage for which an applicant is qualified is then determined. Finally, they outline the policy’s coverage for the applicant’s particular situation. Insurance experts include underwriters of insurance. They are aware of insurance risks and know how to mitigate them. To determine if they will cover someone and under what conditions they will offer a policy, they employ their risk assessment. When there are no unique conditions, underwriting is carried out automatically. Programming for underwriting is comparable to quoting software. It can decide whether an applicant satisfies the insurer’s particular coverage requirements.

Mortgage Underwriter

In the loan industry, mortgage underwriters are some of the most often used underwriters. Even with a solid income and excellent credit score, purchasing a home is a dangerous business. A detailed risk analysis must be performed by a mortgage underwriter. The underwriter can confirm whether the loan is a manageable undertaking for the applicant after an assessment is completed. In any case, underwriters may examine internal data such as the total number of mortgages the business has issued. 

Additionally, they look at an applicant’s credit history and score, evidence of a consistent income, debt-to-income ratio, overall savings, and other significant risk concerns. The underwriter will also evaluate elements that are under the mortgage applicant’s control and those that are not such as property valuation and kind. This makes it easier to evaluate the fairness of the mortgage terms for all parties. The applicant may file an appeal if the mortgage is rejected by the underwriter. However, the procedure can be drawn out and frequently needs a lot of supporting evidence to be overturned.

Loan Underwriter

Loan underwriters evaluate the risk associated with providing an applicant a loan, such as an auto loan, similarly to mortgage underwriters. Finding out if the loan is secure for both parties is the goal. To assess the risk of loaning money to an applicant, large banks frequently combine underwriters with underwriting software. Both large and small banks frequently use the software in conjunction with an underwriter. Underwriters may occasionally need to help financial institutions with the underwriting of business loans. The number of banks an underwriter needs to work with will depend on the size of the company.

Securities Underwriter

A distinct kind of underwriter is a securities underwriter. Initial Public Offerings (IPOs) are a common project for securities underwriters (IPOs). To calculate the right price for an IPO, they evaluate the investment’s risk. A securities underwriter typically works for an investment bank or another specialized firm. The sales period is one of the major risks associated with the underwriting of securities. For instance, the investment bank is responsible for the difference if the security doesn’t sell for the advised price.

The entry-level salary of an underwriter in Nigeria is 95,000 Naira

Investment Banker

Investment bankers offer knowledgeable financial counsel to major customers like corporations or the government. They provide technical support with difficult issues like merger negotiations and help them sell or buy a business. Additionally, they can assist in raising funds for capital renovations and other projects.

Investment bankers assist businesses and other organizations in raising capital for development and advancement. They might be hired to oversee an organization’s first public offering (IPO). Additionally, they could plan a bond offering, bargain for a merger, or set up a private bond placement.

The field of investment banking is known for being both well compensated and extremely stressful. The entry-level salary of an investment banker in Nigeria is 76,000 Naira

Other good entry-level positions in finance are: Junior auditor, Mortgage banker, valuation manager, e.t.c

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