Career Opportunities in the Capital Market and their Salaries

Check out some of the Career Opportunities in the Capital Market. Also, this article provides a brief description of these jobs and their salaries.

A capital market is a financial market established to serve one primary need: providing a platform for exchanging financial funds and securities such as bonds.

It is an avenue for investors, business owners, banks, and government institutions to buy and sell equities and securities.

They either use the funds and securities for debt settlement or to raise business capital.

The market can be virtual or physical, depending on the structure established, and we have two major types of capital markets: primary and secondary.

Also, check out Career Opportunities in VFX and their Salaries.

Primary and Secondary Capital Market

Let us discuss more on the types of the capital market. The primary capital market refers to the market where new securities are traded between the funds’ owners (those who save the funds) and those who seek to buy them.

Companies use the primary market to list and publicize their stocks for the first time. In contrast, the secondary capital market is the market for trading old or existing stocks and other securities.

Furthermore, there is a direct transaction between the stock buyer and those who issued it in the primary capital market. However, otherwise is the case when trading in the secondary market.

Trade in both markets is monitored by a regulatory body to curb foul plays or fraud, also ensuring both parties trade within compliance with the rules and regulations.

Career Opportunities in Capital Market

Now, we will explore a few available careers in the capital market after getting an overview of what the capital market entails. In this section, we will look at the following jobs.

Fund Manager
Stockbroker
Underwriter
Merchant Banker

Fund Manager

A fund manager is responsible for managing the investment operations that involve the sale and buying of funds by an organization or an individual.

The goal of a fund manager is to ensure that their clients make more proceeds than lost when buying and selling stocks.

They manage the portfolio of the organization or the individual that employs them.

Additionally, we have several specializations for fund managers when it comes to managing the portfolio of an individual or organization. The fields will depend on what funds they focus on for trade and how they choose to work those funds.

Duties of a Fund Manager

The duties of a fund manager are as follows.

Handle the accounting books to ensure that it is adequately reconciled and recorded.
Keep abreast with the latest findings and trends in funds management styles and policies
Conduct the allocation of resources and channel them under the restriction of the budget plans.
Research and develop the strategy to yield more proceeds through fund management.
Provide financial education for their clients on the activities and opportunities available in the
market.
Work with market analysts to get insights into the opportunities available in the market.
Delegate staff to develop ideas, analyses, and suggestions on the best stock options.

Salary

According to the reports from Salary.com, the average salary of a fund manager in a year is $65,617, which is still a good salary.

Stockbroker

A stockbroker is a middleman that helps clients, companies, or investors secure or sell securities and funds by running the transactions and the necessary steps on their behalf.

After each successful deal, a stockbroker earns a commission from the sales.

Also, check out Career Opportunities in the Stock Market.

However, a stockbroker can either personalize its service for clients, providing them with tips, forecasts, analyses, and other helpful information about the market, or may choose only to facilitate the purchase or sale of stocks.

Also, they either work in a brokerage organization or alongside a fund manager. In addition, a stockbroker must have a license and be registered before becoming one.

Duties of a Stockbroker

Following are the typical duties of a stock broker

Interpret the financial analysis and projections and present the ideas clearly to clients.
Update on the recent happenings in the market and financial sector. We are using the information as a basis for securing or discarding economic opportunities.
Provide financial information and education to clients
Handle the portfolio of clients judiciously.
Keep constant communication with prospective and existing clients.
Offer suggestions on investment opportunities and guide them through the process if they are interested.

Salary

Using the reports from Payscale as a reference, the average salary for a stockbroker is $58,470 per annum.

Underwriter

An underwriter is a financial expert who appraises issued securities in the capital market. They analyze whether it is risky or beneficial to get the issued securities.

Furthermore, an underwriter can work in other areas, such as insurance, mortgage, acquisition, and debt trading.

Duties of an Underwriter

Some of the duties of an underwriter are stated below.

Gather and analyze intelligence data to deduce whether a business or equity is worthy enough of an investment.
Draft documents and reports that explicitly highlight the findings to help the investors with their decision.
Help calculate the amount to be paid as coverage or premium.
Assist the clients and business organizations in conducting risk assessment exercises and thus maximizing their chances of keeping a good portfolio.
Ensure that the steps in securing the funds and securities are consistent with the correct standards and ethics attached to underwriting.

Salary

Following the survey conducted by Indeed.com, the average salary of an underwriter in a year is $81,370.

Merchant Banker

Merchant bankers work in a merchant bank. A merchant banker often helps the merchant bank deliver its services.

The only difference between merchant and investment banks is that the former work with companies and people who cannot conduct an initial public offering (IPO), in contrast to the latter.

They also offer financing and investment services to both businesses and individuals. Additionally, they execute underwriting, provide financial guidance, and assist with fund- and venture-raising.

Duties of a Merchant Banker

Facilitate loan and capital-raising transactions for clients and organizations
Offer recommendations and consultancy services for clients.
Manage the portfolio of clients to ensure they are on the favorable side of the market

Salary

According to ZipRecruiter, the average salary of a merchant banker is $61,716 per year.

Final Notes on Career Opportunities in the Capital Market and their Salaries

The capital market is essential for business organizations and wealthy individuals to raise funds and trade their securities and equities.

However, the technicalities involved in the market are handled by financial experts. In the post, careers that provide the required solution and services are outlined.

Before you go, check out Biochemistry Average Salary.