50 Hottest Banking Jobs in Los Angeles, CA

A Lucrative Career Path in the Heart of Finance

Los Angeles, the vibrant metropolis of Southern California, is a thriving hub for the financial industry. With a burgeoning economy and a high concentration of global corporations, the city offers an abundance of lucrative opportunities for banking professionals. Whether you're a seasoned executive or a fresh graduate seeking your first role, the banking landscape in Los Angeles is teeming with prospects.

Thriving Economic Landscape

According to the Bureau of Labor Statistics, Los Angeles ranks among the top metropolitan areas in the United States for employment in the financial sector. The city's GDP surpasses $1 trillion, with key industries including entertainment, technology, and manufacturing fueling its economic growth. This robust economic base translates into a strong demand for skilled banking professionals who can support the financial needs of businesses and individuals alike.

High Salaries and Benefits

The banking industry in Los Angeles commands highly competitive salaries and benefits. According to Salary.com, the average annual salary for a Financial Analyst is approximately $90,000, while Commercial Loan Officers earn an average of $110,000. Additionally, banking professionals enjoy generous benefits packages that often include health and dental insurance, paid time off, and retirement plans.

Diverse Banking Institutions

Los Angeles is home to a wide range of banking institutions, from global financial giants like JPMorgan Chase and Bank of America to local community banks such as City National Bank and East West Bank. This diversity provides ample job opportunities across various banking functions, including retail banking, commercial lending, investment banking, and wealth management.

Top 50 Banking Jobs in Los Angeles, CA

Retail Banking

1. Teller (Average Salary: $45,000)
2. Customer Service Representative (Average Salary: $50,000)
3. Bank Manager (Average Salary: $70,000)
4. Financial Advisor (Average Salary: $90,000)
5. Mortgage Loan Officer (Average Salary: $100,000)

Commercial Banking

6. Commercial Loan Officer (Average Salary: $110,000)
7. Senior Credit Analyst (Average Salary: $120,000)
8. Vice President of Commercial Banking (Average Salary: $150,000)
9. Managing Director of Commercial Banking (Average Salary: $200,000)
10. Chief Lending Officer (Average Salary: $250,000)

Investment Banking

11. Investment Banking Analyst (Average Salary: $95,000)
12. Associate (Average Salary: $125,000)
13. Vice President (Average Salary: $175,000)
14. Managing Director (Average Salary: $225,000)
15. Head of Investment Banking (Average Salary: $300,000)

Wealth Management

16. Private Wealth Advisor (Average Salary: $100,000)
17. Portfolio Manager (Average Salary: $120,000)
18. Director of Wealth Management (Average Salary: $150,000)
19. Managing Director of Wealth Management (Average Salary: $200,000)
20. Chief Investment Officer (Average Salary: $250,000)

Operations

21. Bank Teller Supervisor (Average Salary: $55,000)
22. Branch Operations Manager (Average Salary: $65,000)
23. Operations Analyst (Average Salary: $75,000)
24. Vice President of Operations (Average Salary: $90,000)
25. Chief Operating Officer (Average Salary: $120,000)

Risk and Compliance

26. Risk Analyst (Average Salary: $80,000)
27. Compliance Officer (Average Salary: $90,000)
28. Vice President of Risk and Compliance (Average Salary: $110,000)
29. Chief Risk Officer (Average Salary: $150,000)
30. Chief Compliance Officer (Average Salary: $180,000)

Technology

31. Software Engineer (Average Salary: $120,000)
32. Data Analyst (Average Salary: $100,000)
33. Project Manager (Average Salary: $90,000)
34. Vice President of Technology (Average Salary: $150,000)
35. Chief Information Officer (Average Salary: $200,000)

Human Resources

36. HR Representative (Average Salary: $60,000)
37. HR Manager (Average Salary: $80,000)
38. Vice President of Human Resources (Average Salary: $120,000)
39. Chief Human Resources Officer (Average Salary: $160,000)
40. Chief Diversity Officer (Average Salary: $180,000)

Marketing

41. Marketing Specialist (Average Salary: $70,000)
42. Digital Marketing Manager (Average Salary: $90,000)
43. Vice President of Marketing (Average Salary: $130,000)
44. Chief Marketing Officer (Average Salary: $170,000)
45. Brand Manager (Average Salary: $120,000)

Other Specialized Roles

46. Analyst (Average Salary: $100,000)
47. Auditor (Average Salary: $80,000)
48. Economist (Average Salary: $90,000)
49. Financial Analyst (Average Salary: $95,000)
50. Investment Professional (Average Salary: $110,000)

Skills and Qualifications for Banking Jobs in Los Angeles

To succeed in the competitive banking landscape of Los Angeles, candidates should possess a strong foundation in financial concepts and a keen understanding of banking operations. Desirable skills and qualifications include:

• Technical Skills:
  • Financial modeling and analysis
  • Risk management
  • Credit analysis
  • Investment management
  • Technology proficiency
• Soft Skills:
  • Excellent communication and interpersonal skills
  • Problem-solving and analytical abilities
  • Attention to detail
  • Strong work ethic
  • Teamwork and collaboration skills

Future of Banking in Los Angeles

The future of banking in Los Angeles is bright, with the industry expected to continue its growth trajectory. The rise of digital banking and financial technology (FinTech) is transforming the way banks operate, creating new opportunities for professionals with expertise in these areas. Additionally, the city's strong economic outlook and global status will continue to fuel demand for skilled banking professionals.

Conclusion

Los Angeles offers an unparalleled platform for banking professionals seeking both lucrative career opportunities and a thriving metropolitan lifestyle. With its booming economy, diverse banking institutions, and competitive salaries and benefits, the city is a top destination for those seeking a fulfilling career in the financial sector. Embracing the latest advancements in technology and developing strong skills and qualifications will position candidates for success in the ever-evolving banking landscape of Los Angeles.