Financial Analyst Job profile and Description

A financial analyst works for financial institutions such as banks, security firms, insurance companies and mutual funds. The main role of the analyst is to learn about investment opportunities open to a client and analyze the same for purposes of understanding the viability of the investment venture. Based on this understanding, they advise a client either to purchase or sell off stocks in a specific company. The Financial analysts can choose to specialize in different sub-sectors such as investment banking, corporate mergers, or financial ratings. The financial analysts are also known as investment analysts or security analysts.

Duties and Responsibilities

  • Providing analysis and the necessary guidance to individuals and corporate organizations for purposes of helping them male good investment decisions
  • Gathering financial information
  • Analyzing financial information
  • Making financial recommendation
  • Assessing the economic performance of specific companies, industries, or financial enterprises and giving a detailed analysis of the same to clients who have money to invest.
  • Help security firms and investment to sell their financial services
  • Analyzing prevailing trend in financial services, business practices and competition
  • Reviewing new policies and regulations and projecting the effect that the same could have on the investments
  • Evaluating the ability of governments or companies that issue financial bonds to repay debts
  • Analyzing financial data, spotting trends and developing and developing forecasts
  • Measuring financial risks associated with a specific investment
  • Writing reports and making presentations for purposes of recommending the purchase or selling specific investments
  • Answering clients questions regarding any changes that may happen in their benefit plans or consequences of a change in career

Skills and Specifications

  • Calculative mind
  • Problem-solving skills
  • Good communication and interpersonal skills
  • Attention to detail for purposes of finding some of the obscure facts in their line of work
  • Must be able to write and make convincing presentation

Education and Qualifications

  • A bachelor’s degree in Financial Accounting
  • A CPA or an MBA is a big plus