3 Intermediary Assistants Jobs You Need to Know
In the financial industry, which is an ancient and complex field, positions can be classified in various ways. In a previous article, we divided financial industry positions into fundraising and investment roles and assistant intermediary roles.
In the previous blog post on the Top 4 Key Financial Roles in Investment & Fundraising we provided a detailed analysis of the job content and responsibilities for fundraising and investment positions.
This blog post will primarily focus on breaking down the roles in assistant intermediary positions to help you gain a better understanding of this aspect of the industry.
Financial Intermediary Assistant Positions
For financial intermediary positions, the primary role involves earning income through facilitating various financial transactions, providing trading and information services. These roles can be broadly categorized into three types: investment and financing intermediaries, information technology, and functional services.
1. Investment and Financing Intermediary Positions
When companies have investment and financing needs for specific businesses, having personnel with relevant expertise to address these needs is ideal. However, for the majority of companies, investment and financing requirements are infrequent, and they may not have the capacity to maintain a pool of such specialized talent.
In such cases, dedicated investment and financing organizations step in to collaborate, such as positions related to investment banking, advisory roles in primary and secondary market investment and financing, and merger and acquisition positions.
The responsibilities of these positions typically revolve around the company's core business. This includes crafting investment and financing proposals, creating feasibility analysis reports, specifying investment and financing plans, helping the company secure funding, and evaluating related risks.
Many investment and financing intermediaries are also responsible for managing investment and financing activities post-transaction, such as the allocation of corporate funds, improving capital utilization, and cash flow monitoring.
2. Information Technology Services Positions
Information technology service positions are quite common in the financial industry. These roles involve providing support to professionals involved in financial work by offering textual information, data, and technical consultations related to financial activities.
For example, financial media organizations that produce content related to finance fall under the category of typical financial information service positions. They provide information that professionals need. Companies engaged in financial information service roles conduct research on industry information.
Many internet products or features related to wealth management and financial products fall under the category of auxiliary intermediary positions. These positions leverage existing data, statistics, or their own technology to provide intelligent services to financial professionals, aiding them in decision-making.
Information technology services are quite common in the field of finance. These positions essentially leverage capabilities and characteristics from other industries and align them with the financial sector to provide more precise, efficient, and intelligent support to financial professionals. This type of role may be of interest to international students who do not have a background directly related to finance but wish to break into the industry.
3. Functional Services Positions
Similar to investment and financing intermediary positions, many companies prefer to hire professionals with expertise to manage their financial operations, especially during investment and financing activities. These processes encompass numerous specialized areas that require professionals with knowledge and skills.
Roles such as auditing, financial law, and risk control can be classified as functional services positions. These roles mainly involve screening problems in financial operations using professional skills, analyzing the process at every stage, managing potential risks, and ensuring the successful completion of the company's financial tasks.
Through their professional skills, individuals in functional services positions assist companies in successfully completing financial tasks by managing potential risks. This contribution plays an indispensable part in the financial services of a company.
In Summary
For international students aspiring to work in the financial industry, Financial Intermediary Assistant roles are quite popular. Whether in fundraising and investment roles or assistant intermediary roles, both are part of a specific sector within the financial industry. The ultimate goal of both is to increase the value of money through their work, leading to financial returns.
Therefore, for international students considering their future career path in the financial industry, it is crucial to have a general understanding of which direction they want to pursue.
