What is a “job in the financial industry” that can be expected to earn a high income? Explanation of job content and salary!
The financial industry is a popular career choice because of its high pay and benefits, including benefits. There are many different types of jobs in the financial industry, each with different job descriptions and salaries.
Until recently, the financial industry employed only Japanese people, but due to the strengthening of overseas business, the number of foreigners employed is increasing.
Therefore, this time, we will explain the job content and salary in each industry in the financial industry, what kind of people are suitable for it, and the necessary skills.
What is a job in the financial industry?
The financial industry is a job that is related to money in various ways and supports the social economy.
Mainly banks, securities companies, insurance companies, credit card companies, etc.
Job types include "sales staff" who provide loan information and advice on asset management, "administrative staff" who support sales staff such as answering telephone calls and data management, and "financial advisor" who proposes realistic life plans. there is.
Jobs in the Japanese financial industry recommended for foreigners
The financial industry has a variety of jobs, but we will introduce jobs in the financial industry that have high salaries and jobs that actively recruit foreigners.
Bank
Banks can be broadly divided into mega banks, regional banks, trust banks, online banks, etc. Each bank has a different scale and target, so the business content and salary are also different.
Many banks employ ``regular positions,'' which mainly involve office work such as counter operations, and ``general positions,'' which are candidates for executive positions.
Some banks recruit high school graduates for general positions, and there is generally little movement.
Career-track positions require a university graduate degree or higher, are often entrusted with important tasks, and are frequently transferred.
Average annual income
The average annual salary for bank employees is around 3 million yen to 4 million yen for general positions, and 6 million yen to 7.5 million yen for general positions.
However, salaries, bonuses, benefits, etc. vary greatly depending on the bank, so be sure to check the recruitment information carefully.
bank with high salary
Sumitomo Mitsui Banking Corporation, Mitsubishi UFJ Bank, Mizuho Bank, Resona Bank, etc.
Recommended for these people!
Bank clerk is recommended for those who want to work in the financial industry with a stable salary.
Securities company
The job description of a securities company is ``broker business,'' which is the intermediary for buying and selling stocks, ``dealer business,'' which handles the securities company's own stocks and generates profits, and ``selling business,'' which involves offering and selling securities. There is an ``underwriting business'' that sells bonds.
The salary system at securities companies is often based on a quota system or a commission system, and the more you work and produce results, the more your salary increases.
Average annual income
Salaries vary greatly depending on the company, but the average annual salary at a securities company is around 5 million to 6 million yen.
It is not uncommon to find companies where the average annual salary exceeds 10 million yen, so it can be said that this is one of the highest paying jobs in the banking industry.
Securities companies with high salaries
Nomura Holdings, Mitsubishi UFJ Holdings, Daiwa Securities Holdings, etc.
Recommended for these people!
Securities companies are recommended for people who want to work hard and earn a lot of money.
Insurance company
The work of insurance companies that deal with ``life insurance'' to protect against injuries and illnesses, and ``non-life insurance'' to protect against accidents and disasters is mainly ``sales'' that involves proposing insurance products.
It is easy to get a job in the financial industry, but most insurance companies have a commission-based salary system, so if you are successful, you can earn a lot of money, and if you are not, many people quit.
Average annual income
The average annual salary at an insurance company is between 2.5 million yen and 6 million yen, but salaries vary greatly depending on the company.
Pay at foreign companies is relatively high, and if you are successful, it is not a dream to earn more than 10 million yen.
Insurance companies with high salaries
Tokio Marine & Nichido Fire Insurance, Sompo Holdings, Sumitomo Life Insurance, etc.
Recommended for these people!
Insurance companies are best suited to people who are empathetic towards their customers. Therefore, it is recommended for people with good communication skills, flexibility, and patience.
credit card company
The work of credit card companies is diverse, including sales, planning, debt management, system development, and customer service.
Credit card companies have a good working environment, including benefits and vacations, making it an easy job for foreigners to work in.
Average annual income
The average annual income for a credit card company is about 5 million yen to 6 million yen, but for a major credit card company, the annual income is about 7 million yen to 8 million yen.
Credit card companies with high pay
Aeon Financial Service, Mitsubishi UFJ Financial Group, Credit Saison, etc.
Recommended for these people!
Credit card companies are recommended for people who want a job with a good working environment.
leasing company
Jobs in the leasing industry, which provides long-term rental of equipment and equipment, include sales, screening/legal affairs, asset management, and accounting.
In the leasing industry, as more companies are expanding overseas, they are also actively hiring foreigners with excellent language skills.
Average annual income
The average annual income of a leasing company is around 3.5 million yen to 6 million yen, but the average annual income of a major leasing company is over 8 million yen.
leasing companies with high salaries
Sumitomo Mitsui Finance & Lease, Mizuho Lease, Orix, etc.
Recommended for these people!
Leasing companies often deal with corporations, so those with good communication skills are recommended.
Skills and qualifications needed for jobs in the financial industry
The skills and qualifications required in the financial industry vary depending on the job type.
However, the following skills and qualifications are required.
[Skills required in the financial industry]
- Language skill
- communication skills
- Information gathering skills
Language skill
The financial industry involves a lot of specialized terminology, so you need to have good language skills.
It would be even better if you have the skills to speak not only Japanese but also multiple languages such as English and Chinese.
communication skills
In the financial industry, where relationships of trust with customers are important, strong communication skills are required.
Information gathering skills
The financial situation not only in Japan but around the world changes daily. Therefore, it is necessary to always keep up to date with the latest knowledge and information.
In order to succeed in the financial industry, getting a job is not the goal; you need to grow every day.
[Recommended qualifications to have in the financial industry]
- financial planner
- Nissho Bookkeeping
- Business accounting certification exam, etc.
financial planner
With the Financial Planning Skills Test, you can gain a wide range of knowledge about money, including taxes, pensions, real estate, and investments.
Nissho Bookkeeping
By acquiring the Nissho Bookkeeping Certification, you will be able to understand the flow of money in a company and acquire skills such as business management and business analysis.
There are no qualifications for taking the exam for all levels, so it is possible to take on Level 1 and Level 2 right away.
Business Accounting Certification Examination
By obtaining the Business Accounting Certification, you can acquire skills such as knowledge and analytical ability regarding financial statements.
There are no qualifications for taking the exam for all levels, so it is possible to take on Level 1 and Level 2 right away, just like with Nissho Bookkeeping.
What kind of person is suitable for the financial industry?
The financial industry requires a variety of people depending on the job type, but the following people are mainly suited for the job.
- serious and methodical person
- person who is good with numbers
- person with a sense of responsibility
- A person with good communication skills
What will happen to employment in Japan's financial industry in the future?
In Japan, the number of loans and insurance policies is expected to decline due to the declining birthrate and aging population.
In order to maintain stable management, it is essential to increase profits with an eye toward overseas expansion.
In order to succeed in overseas business, employment of talented foreigners with high language skills will likely increase in the future.
However, as the number of jobs that utilize IT will increase in the future, the overall number of employees is expected to decrease.
summary
This time, I will explain about work in the financial industry.
There are many companies in the financial industry that offer high wages and a good working environment compared to other industries.
As a result, the financial industry is highly popular and difficult to find employment with.
There are many types of jobs in the financial industry, and the skills required differ depending on the type of job.
When finding a job or changing jobs in the financial industry, it is important to carefully check the job openings and find a job that suits you and allows you to utilize your skills.
