Analyst - Financial
Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives. May also buy and sell financial assets for clients.
Top activities and tasks for this job:
- Interview clients to determine their current income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, or other information needed to develop a financial plan.
- Getting Information - obtain financial information from individuals
- Recommend to clients strategies in cash management, insurance coverage, investment planning, or other areas to help them achieve their financial goals.
- Manage client portfolios, keeping client plans up-to-date.
- Establishing and Maintaining Interpersonal Relationships - maintain cooperative relationships with clients
- Implement financial planning recommendations or refer clients to someone who can assist them with plan implementation.
- Analyze financial information obtained from clients to determine strategies for meeting clients' financial objectives.
- Answer clients' questions about the purposes and details of financial plans and strategies.
About the test (Full Version)
The HR Avatar Analyst - Financial Pre-Employment Assessment was designed to help you hire staff in this role. The test provides a whole-person evaluation by measuring job-relevant cognitive ability, personality, knowledge, skills, and relevant behavioral history.
Each component provides important data for hiring decisions. Cognitive ability has been linked to overall job performance in most jobs and correlates with a candidate's
ability to learn new skills and to solve complex problems. Personality characteristics determine how well the candidate will fit-in with a corporate culture. Knowledge and skills indicate how much training will be needed before a new employee becomes productive. Finally, relevant behavioral history detects counter-productive behaviors that can impact job performance.
The Analyst - Financial test includes an animated work simulation in which candidates meet customers, colleagues and supervisors in a job-related context. Post-test surveys indicate the majority of candidates react favorably to these simulations.
This test also contains an automatically-scored essay component. Writing is a key skill for many jobs and also demonstrates the ability to generate, organize, and communicate relevant ideas effectively.
The specific attributes measured include:
Cognitive Ability
- Analytical Thinking and Attention to Detail
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Knowledge and Skills
- Financial Accounting Concepts
- MS Excel (2019)
- Writing
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Personality
- Adaptability
- Drive
- Integrity
- Teamwork
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Emotional Intelligence
- Empathy and Emotional Self-Control
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Behavioral History
- History Survey - Performance
- History Survey - Tenure
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Following completion, the test produces a Candidate Selection Report that includes an overall score and detailed scores for each attribute. The overall score weighs each of the factors based on research and analysis from the U.S. Government's Occupational Information Network (O*Net). O*Net represents over a decade of dedicated research evaluating the relative importance of various factors that lead to success in almost 1,000 different job roles.
The Candidate Selection Report also provides expert interview questions that help you probe critical or low-scoring areas, along with a guide for noting your evaluation of the candidate's responses. Consistent use of an interview guide is an important part of gaining better candidate insights and making better hiring decisions.
More information about this Job
| Annual US Wages (2020) |
| Bottom 10%: | | $44,100 or less |
| Bottom 25%: | | $59,450 or less |
| Median: | | $89,330 (Average) |
| Top 25%: | | $157,020 or more |
| Top 10%: | | $208,000 or more |
| US Employment Statistics |
| 2020: | | 275,200 |
| 2030 (projected): | | 287,800 |
| Annual U.S. Job Openings: | 21,500 |
Top Knowledge Requirements
- Customer and Personal Service
- Economics and Accounting
- English Language
- Mathematics
- Psychology
- Sales and Marketing
- Law and Government
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Top Skills
- Active Listening
- Writing
- Speaking
- Reading Comprehension
- Judgment and Decision Making
- Critical Thinking
- Service Orientation
- Complex Problem Solving
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Top Abilities
- Written Comprehension
- Speech Clarity
- Written Expression
- Oral Expression
- Oral Comprehension
- Deductive Reasoning
- Inductive Reasoning
- Speech Recognition
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| Education Requirements |
| No High School Diploma: | | 4% |
| Post-Secondary Certificate: | | 4% |
| Bachelor's Degree: | | 52% |
| Post-Baccalaureate Certificate: | | 35% |
| Professional Degree: | | 4% |
| This graphic shows the percentage of people in this role who have their highest education in each category. |
| Related Work Experience Requirements |
| None: | | 17% |
| 6 Months - 1 Year: | | 9% |
| 1 - 2 Years: | | 13% |
| 2 - 4 Years: | | 39% |
| 4 - 6 Years: | | 22% |
| This graphic shows the percentage of people in this role whose related work experience before they entered this position falls into each category. |
Alternate Titles for this Role: Account Manager, Asset Analyst, Asset Manager, Budget Counselor, Certified Financial Planner (CFP), Chartered Financial Analyst (CFA), Estate Planner, Estate Planning Counselor, Estate Trustee, Finance Consultant, Financial Adviser, Financial Advisor, Financial Agent, Financial Consultant, Financial Coordinator, Financial Counselor, Financial Planner, Financial Professional, Financial Retirement Plan Specialist, Financial Solutions Advisor, Fiscal Specialist, Individual Pension Adviser, Individual Pension Consultant, Insurance Adviser, Insurance Consultant, Investment Adviser, Investment Advisor, Investment Consultant, Investment Counselor, Investment Representative, Investments Manager, Money Manager, Pension Adviser, Pension Consultant, Personal Banker, Personal Financial Advisor, Personal Financial Planner, Personal Investment Adviser, Portfolio Manager, Socially Responsible Investment Adviser, Strategist, Wealth Advisor, Wealth Management Advisor
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