If you work in the banking industry, there’s no doubt that it pays well. But what if you want to switch careers? Maybe you love your job but would like something new or different. Or maybe you’re just tired of doing the same thing every day and have been thinking about switching fields for a while now.

Whatever your reason may be, there are plenty of options out there for those who want to find jobs elsewhere in the financial services industry—and they don’t all involve working for someone else! Here are some of the best alternative careers for people who work in banks.

Investment Banking

Investment banking is a great option for those who want to stay in the financial services industry but don’t want to work for anyone else. It’s also a good choice if you’re looking for something that offers flexibility with your schedule and more control over where you work.

With an investment banking career, you can either set up your own firm or join another company as an associate. Investment bankers help companies raise capital through various means, including issuing shares of stock or bonds.

Consultant

Consultants are hired by businesses to help them with a specific project or issue. They provide advice, expertise, and guidance on everything from finance to marketing and technology.

Consultants can specialize in different areas such as finance, marketing, and technology. If you’re interested in working as a consultant but not sure where you’d like to focus your career, think about what sort of skillset would help you excel in this role. Then utilize those abilities when applying for jobs at banks or other financial institutions.

Wealth Manager

Wealth managers are the professionals who help their clients make financial decisions. They know their clients well and understand the financial markets, including stocks, bonds, and mutual funds.

Wealth managers have an insider’s view of what’s going on in the world of investments, so they can advise their clients about how to invest their money in order to get the best returns possible.

Although wealth managers are not investment advisers (which means they don’t give specific advice on where to put your money), they do provide guidance based on knowledge gained from being a financial planner or certified financial planner (CFP).

As a result of this experience, it is common for them to work with large groups of high-net-worth individuals. These individuals share similar goals and objectives when it’s time for them to retire or make other major life changes like buying a house or starting a family dynasty.

Project Manager

Project management is the process of planning, organizing, motivating, and controlling resources to achieve specific goals. As a project manager, you are responsible for managing all aspects of a project from inception through completion.

You’re in charge of making sure that your team has all the tools they need to get the job done right and on time. In addition to your direct reports (the people you report to), you must also interact with others at every stage of development.

This starts with customer satisfaction surveys and stakeholder consultations and continues through final inspections and close-out procedures before handing completed products back into their original owners’ hands.

Insurance Salesman

If your job is to sell insurance, you can be sure that the person on the other side of the desk has a lot riding on whether or not they sign up with your company. You need to have an understanding of what kind of coverage would best meet their needs and still make sense for them financially.

You also need to be able to explain complex policies in layman’s terms so that customers know exactly what they’re buying and why it’s important to them.

Loan Officer

Loan officers represent the bank for which they are employed. They will help consumers all the way through the loan application process.

Loan officers help with more than just house loans and mortgages. They might serve a variety of clients. Loan officers will also need to be well-versed in lending laws and lending institutions. They are always the primary point of contact for someone looking for a loan.

Financial Examiner

Financial examiners review financial records to ensure that businesses are complying with federal regulations.

They make sure that companies aren’t committing tax fraud or other types of financial crimes. Although this is a solid, secure career that doesn’t require much travel, it does include some stress. You must weigh the pros and cons of many options and decide how to handle certain situations.

Stockbroker

Stockbrokers help clients make investment decisions. You’ll work with people who want to invest in the stock market or real estate, or who are already invested and need help managing their portfolios. This job requires a lot of travel and long hours but can be very lucrative if you’re good at what you do.

Conclusion

There are many different alternatives to banking as a career. While it may not be as lucrative as some of the other high-paying jobs, they all allow you to work in an exciting environment. As we’ve discussed, some of these jobs require more specialized training than others and may not be suitable for everyone, but they are great options if you want something different from what banks offer today.

Before making a hiring decision, a prospective employer will study your resume. It could be used as a sales tactic to convince a potential client to hire you. If it is disorganized, you will have fewer opportunities to be called in for a job interview.

Our team of experts is here to help if you need assistance with your resume or cover letter. Allow us to work with you to create the finest resume you can for your application.