The average salary for a Business Analyst, Finance/Banking is $64,232.
Business Analyst, Finance/Banking by
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What Do Business Analyst, Finance/Bankings Do?
A business analyst is someone who scrutinizes the financial aspects of the business and determines if there are any changes that could be made to make the business more successful. A successful analyst needs a detailed mind that is able to analyze data and come to conclusions based on this data. Based on these conclusions the analyst makes recommendations and changes to improve the business.
A business analyst requires essentially two overarching goals. One is to be able to gather, analyze and…Read more
Business Analyst, Finance/Banking Tasks
- Coordinate, organize and direct organization of projects and processes related to the financial sector of the business.
- Develop and implement goals and procedures related to management of financial aspects of the business.
- Gather, analyze and interpret data in areas such as budgets, financial planning and forecasting, cash flow projections, etc.
Job Satisfaction for Business Analyst, Finance/Banking
Popular Employer Salaries for Business Analyst, Finance/Banking
The top respondents for the job title Business Analyst, Finance/Banking are from the companies J.P. Morgan Chase & Co. (JPMCC), The PNC Financial Services Group, Inc. and U.S. Bank. Reported salaries are highest at Capital One Financial Corp where the average pay is $77,670. Other companies that offer high salaries for this role include J.P. Morgan Chase & Co. (JPMCC) and Bank of America Corp. (BOFA), earning around $69,071 and $66,200, respectively. M&T Bank Corp pays the lowest at around $44,286. U.S. Bank and The PNC Financial Services Group, Inc. also pay on the lower end of the scale, paying $55,568 and $59,074, respectively.
Business Analyst, Finance/Banking Job Listings
What Are Popular Skills for Business Analyst, Finance/Bankings?
Skills in Business Analysis and Financial Analysis are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Office, Microsoft Excel and Data Analysis.
What is the Pay by Experience Level for Business Analyst, Finance/Bankings?
An entry-level Business Analyst, Finance/Banking with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $54,884 based on 283 salaries. An early career Business Analyst, Finance/Banking with 1-4 years of experience earns an average total compensation of $61,654 based on 1,286 salaries. A mid-career Business Analyst, Finance/Banking with 5-9 years of experience earns an average total compensation of $71,085 based on 604 salaries. An experienced Business Analyst, Finance/Banking with 10-19 years of experience earns an average total compensation of $74,913 based on 407 salaries. In their late career (20 years and higher), employees earn an average total compensation of $79,517.
Pay Difference by Location
Employees with Business Analyst, Finance/Banking in their job title in San Francisco, California earn an average of 27.5% more than the national average. These job titles also find higher than average salaries in New York, New York (20.3% more) and Boston, Massachusetts (10.1% more). The lowest salaries can be found in Charlotte, North Carolina (5.9% less) and Atlanta, Georgia (5.0% less).
Years of Experience
This data is based on 2,718 survey responses.