Popular careers: Banking
Information about the job profile of Finance & Banking in Switzerland: typical jobs, activities, salary and career opportunities .
"Work in finance, you'll earn good money there" - this is a recommendation that many young people have certainly received when they are about to enter the world of work. But jobs in the world of finance are often associated with many clichés, especially when you think of jobs like bank clerk. Grey suit, grey job, grey mouse.
But what is behind these assumptions? Do people in the financial sector really earn as much as they think? Is a position in banking really so one-sided and stuffy? In this article, you will find out what career opportunities and salary prospects there are and what skills are expected of talent scouts.
This is what you do in banking & finance
A bank is the "go-to" when it comes to financial resources. Bank employees manage assets and ensure that people can deposit, withdraw or transfer money to others at any time. There are specialists for all the services that a bank offers. If you start a career in banking, depending on your focus, you will be responsible for customer advice, risk assessment, securities management or the creation of new financial products. Depending on your school qualifications and your existing skills, you can choose between numerous varied jobs at banks. A classic banking job, for example, is a position as a bank clerk. In this position, you process contracts, certificates and various other documents related to the credit business. If you work in investment banking, you support IPOs, advise customers in securities trading or support company acquisitions and mergers. In product development at a bank, you develop financial products and services that the customer advisors then market.
These are the 20 most sought-after jobs in banking and finance in Switzerland
You've got your degree and now it's time to start your career in the world of money. That shouldn't be too difficult in the country of banks and finance. In Switzerland in particular, the hotspot for banking, there are many positions available in the financial sector. But what career paths can you actually take at banks like Credit Suisse, UBS and others? There are a number of interesting positions in the banking sector, from junior business analyst to trader to asset manager. We'll take a look at the most frequently advertised positions in Switzerland and take a closer look at the Swiss job market.
Job title
Advertised jobs (CH)
Private customer advisor
1’421
Analyst
1’190
Finance and investment expert
283
Financial advisor
253
Banking expert
249
Trader
248
Private Banker
205
Private Banking Assistant
154
Payments specialist
128
E-banking advisor
87
Junior Business Analyst
85
Equity analyst
80
Bank clerk
56
Private Equity Analyst
37
Broker supporter
25
Financial manager
25
Bank manager
22
Asset Manager
18
Fixed Income Analyst
18
Business Analyst
15
Stand der Auswertung: Juli 2022
Found a suitable job title? Here you can find all jobs for students, graduates and young professionals in Switzerland in the banking/finance sector.
These are exciting employers in the banking sector in Switzerland
The ability to combine work and family life, a good working atmosphere and a wide range of training opportunities are all goodies that make an employer attractive and interesting for young professionals. We have selected exciting employers from the banking and finance sector in Switzerland for you. The list includes traditional banks, insurance companies, but also some financial service providers.
Company
Headquarters
Migros Bank
Zürich
UBS
Zürich
Graubündner Kantonalbank
Chur
Postfinance
Bern
Tellco Vorsorge AG
Schwyz
Julius Bär
Zürich
Hypothekarbank Lenzburg
Lenzburg
Swiss Life AG
Zürich
Vontobel
Zürich
PAX AG
Basel
Advigon Versicherung AG
Vaduz
Zürcher Kantonalbank
Zürich
Schweizer Nationalbank
Zürich
Raiffeisen Gruppe
St. Gallen
BCGE Genfer Kantonalbank
Genf
Pictet
Genf
Otherwise, you can find many other exciting companies from the banking sector with Scrambl's SkillMatcher!
This is what you have to be able to do as a banker
Of course, without specialist knowledge it will be difficult to gain a foothold in the world of finance. Enjoying dealing with numbers and computer skills are just two of many basic skills for your successful career in banking. In the past, specialist knowledge of various kinds, such as a well-groomed appearance, were considered a mandatory requirement for a successful career. Today, almost all areas of our economy are in the midst of digital change. The advancing digitalization is setting new rules and the professional environment is changing so much that the requirements and activities of an employee in the modern working world are of course now different.
But what knowledge and skills can you use to score points in the interview? And what activities can you expect in this industry? We have analyzed job advertisements from Switzerland and summarized the following selection of skills for you:
Typical activities and knowledge for careers in banking & finance
Top skills for private customer advisors
Acquiring customers
Process customer inquiries
Serving private customers
Provide investment advice
Provide mortgage advice
Conduct preventive care consultations
Create financing proposals
Implement market development activities
Identify customer potential
Digital consulting
Top skills for analysts
Conduct analyses
Coordinate due diligence processes
Process investor inquiries
Monitor market activities
create a presentation
Modelling financial models
Modelling business plans
Assess key figures
Develop forecasts
Develop investment recommendations
Top skills for finance and investment experts
Evaluate financial information
Analyze industries
Analyze companies
Develop investment recommendations
Develop financial models
Analyze growth prospects
Analyze economic data
Writing investment reports
Write financial forecasts
Responsible for asset management
Top skills for financial advisors
Identify customer needs
Create customer profiles
Assess security risks
Develop investment proposals
Develop investment strategies
Financial advice
Financial products
Manage customer portfolios
Provide financial advice
Promote sales promotions
Top skills for banking experts
Banking expertise
Develop services
Prepare customer data
Record loan applications
Edit correspondence
Enter stock exchange orders
Develop investment proposals
Offer investment advice
Offer financing advice
Update customer data
Top skills for traders
Develop trading strategies
Evaluate data
Trade securities
External asset managers support
Customer advisors support
Banking
Trading
OTC derivatives
Financial information systems
Foreign exchange products
Top skills for private bankers
Serving private customers
Manage capital
Develop investment concepts
Customer loyalty
Identify customer needs
Sell financial products
Create investment strategies
Create precautionary strategies
Private Banking
Financial products
Top skills for data scientists
Developing BI solutions
Developing database solutions
Power BI
SQL
Maintain databases
Create reports
Create data models
Creating data science pipelines
python
Java
R
BigData
Matlab
Clean up data
Designing dashboards
Data integration
Evaluate data sources
Top skills for Private Banking Assistant
Evaluate financial information
Analyze industries
Analyze companies
Develop financial models
Analyze economic data
Financial planning
Banking
Provide financial advice
Conduct financial forecasts
Support customer service
Top skills for payment specialists
Process payments
Edit reminders
Make refunds
Manage checks
Banking
Payment transactions
Accounts payable workflow
Coordinate transaction processes
Conduct due diligence projects
Lead transaction teams
Top skills for e-banking advisors
Provide 1st-level support
Support secure email solution
Serving online banking customers
Serving private customers
Test releases
Support initial registration
Accept complaints
Edit application questions
Promote financial products
Solve technical problems
Execute test cases
Top skills for Junior Business Analyst
Conduct process analyses
Perform use case modelling
Analyze annual reports
Analyze process requirements
Analyze sales figures
Derive IT requirements
Prepare key figures
Define project requirements
Identify project milestones
Process optimization
Top skills for equity analysts
Analyze stocks
Analyze financial data
Create financial reports
Create risk reports
Create financial models
Conduct benchmarking
Conduct process analyses
Develop forecast models
Identify financial market trends
Evaluate annual financial statements
Top skills for private equity analysts
Conduct due diligence checks
Corporate financing
Financial Modelling
Conduct benchmarking
Create risk reports
Research competitors
Research investments
Analyze profit forecasts
Analyze investments
Conduct market studies
Assess investment opportunities
Top skills for broker support
Evaluate financial information
Support broker day-to-day business
Carry out market development
Support process execution
Calculate new offers
Inform broker
Manage broker network
Maintain CRM data
Coordinate quotation requests
Support marketing activities
Top skills for financial managers
Create investment reports
Create financial key performance indicator reports
Create cash flow reports
Finance
Manage liabilities
Create budgets
Financial management
Responsible for liquidity management
Manage claims
Create financial plans
Top skills for asset managers
Manage client assets
Select investment opportunities
Prepare decision-making bases
Financial market
Asset Management
Financial products
Develop investment portfolios
Evaluate investment opportunities
Monitor external asset managers
Responsible for divestment decisions
Top skills for fixed income analysts
Support financial planning
Financial products
Fixed-interest investments
Monitoring financial markets
Monitoring financial markets
Monitor bonds
Finance
Financial markets
Monitoring fixed income investment funds
Review corporate bonds
Top skills for business analysts
Monitor project processes
Modeling use cases
Prepare key figures
Analyze business requirements
Optimize workflows
Examine business processes
Derive IT requirements
Improve business processes
Process optimization
Analyze user requirements
The skills listed were extracted from job advertisements in Switzerland in 2021 and 2022 and represent their most common requirements. If you have any questions about data collection, please contact the Scrambl team!
Do you have some of these skills? Here you can discover which jobs your skills are best suited to.
You should have these soft skills in banking:
Did you know that top-notch mathematical skills and financial knowledge are just the tip of the iceberg when it comes to establishing yourself as a financial professional? As already mentioned, the financial sector is undergoing a digital transformation, new job profiles and position requirements are now part of everyday life. Financial professionals have to adapt to this. Certain personal characteristics enable you to keep up with the changes in the financial sector.
But what social skills are necessary to be successful in the financial sector? What qualities are sought after by HR managers? We have summarised some key skills for you so that you can get an idea of what is expected of you:
flexibility
Openness to change
Communication skills
Organizational talent
Resilience
As an employee, you should always be willing to learn. As a banker in particular, the ability to think outside the box plays a big role. Your chances of climbing the career ladder increase by learning additional soft skills.
Good to Know: Your technical skills play an important role in being invited to an interview, but your social skills (soft skills) determine whether you actually get the job at the end of the day.
This is what you earn in banking in Switzerland
Anyone looking for good salary prospects, career opportunities and a secure position will inevitably come across job offers in the financial sector. The financial sector attracts with attractive salaries. We have taken a closer look at the most sought-after jobs in the finance sector and summarized what starting salaries you can expect.
Job title
Starting salary
Average salary
Private Client Advisor
CHF 69.500
CHF 80.000
Analyst
CHF 87.200
CHF 97.000
Finance and investment expert
CHF 75.900
CHF 97.800
Financial advisor
CHF 80.200
CHF 100’000
Banking expert
CHF 84.200
CHF 91.200
Trader
CHF 100.600
CHF 124.800
Private bankers
CHF 106.900
CHF 130.100
Private Banking Assistant
CHF 74.200
CHF 79.000
Payments specialist
CHF 73.000
CHF 82.900
E-banking advisor
CHF 61.700
CHF 81.600
Junior Business Analyst
CHF 75.400
CHF 82.700
Stock analyst
CHF 114.000
CHF 149.400
Bank clerk
CHF 72.800
CHF 79.000
Private Equity Analyst
CHF 95.000
CHF 119.800
Broker Supporter
CHF 79.000
CHF 85.200
Financial Manager
CHF 119.500
CHF 133.000
Bank Manager
CHF 91.500
CHF 130.200
Asset Manager
CHF 120.500
CHF 132.100
Fixed Income Analyst
CHF 85.500
CHF 107.000
Business Analyst
CHF 78.200
CHF 100.100
As you can see, you can look forward to a good to very good salary in almost all positions, which is above average compared to other industries. As a career starter, you can therefore expect an average salary below the CHF 90,000 mark.
But you should not forget that in all professional fields, various advancement opportunities are available to you over the course of your career. With these, you not only increase your reputation in the financial sector, but of course also your salary. Professional experience, suitable soft skills and acquired abilities also pay off for you as an employee in the truest sense of the word.
These are your career opportunities in banking in Switzerland
Now that you have learned how the money business works during your studies or training, the Swiss job market is waiting for you with attractive positions and career paths. As already mentioned, the Swiss banking industry is undergoing a transformation. Rapid technological change and advancing digitalization are bringing about far-reaching changes. Young professionals and specialists with different backgrounds are particularly in demand in this context.
In general, you will have a good range of jobs available to you at the end of your studies/training. Specialized finance professionals are sought after in numerous industries. The opportunities for advancement and career opportunities in banking are also impressive. Once you have a bachelor's degree under your belt, you can go far. In banks in particular, entry after graduation often takes place via a trainee program in the financial sector. As a freshly graduated Bachelor of Finance, you also qualify for entry-level positions as a financial advisor, broker or business analyst. With a completed master's degree and a few years of professional experience, your expertise and specialist knowledge in a field will naturally grow. If you also have the right soft skills, you qualify for management positions, e.g. as a bank manager.
Good to know: The financial sector is very open to career changers. On the one hand, this is due to the shortage of skilled workers, but on the other hand, employees with non-finance backgrounds are deliberately sought out. Career changers often bring an unusual perspective to a company. New perspectives and ideas help the financial sector to respond flexibly and innovatively to changes within the industry.
If you would like to gain experience in the banking sector, you can find currently advertised internships and working student jobs in Switzerland here.
Self-employed in banking & finance: In these areas you can work as a financial professional in Switzerland
As a freelancer, you are often an ace up the sleeve for employers and a rejuvenation cure for old, entrenched structures. As a freelancer in the finance sector, you solve exactly the problems that employers in the financial sector are currently facing.
But in which areas can you actually become self-employed as a freelancer in the finance sector? We have selected some of the most popular freelance jobs for you:
-
Financial Data Analyst
-
Financial Advisor
-
Finance and investment expert
-
Financial advisor
A little practical tip:
When you take the step into self-employment, it is important to position yourself as an expert in a field. Before you start your own business, think carefully about what portfolio you want to offer your customers. Topics such as "agile project management", Scrum and Kanban are currently on everyone's lips in the financial sector. So try to further your personal education and look for opportunities to obtain the necessary certifications.
