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Planning and Analysis Careers | Data Analyst (Finance)

Data Analyst (Finance)

What Does a Professional in this Career Do?

Analyzes financial data and prepares financial reports for management. Responsible for identifying relevant insights and compiling analytical reports that enable other employees in the organization to make sound decisions. May include analysis of prices of key financial instruments, or forecasts based upon financial trends.

Job Outlook

There were 379 Data Analyst (Finance) job postings in North Carolina in the past year and 7819 in the United States.

In combination with other careers in the Data / Data Mining Analyst industry, which includes the Data Analyst (Finance) career, the following graph shows the number of people employed for each year since 2012:

Salary

Many new Data Analyst (Finance) jobs have salaries estimated to be in the following ranges, based on the requirements and responsibilities listed in job postings from the past year.

National

The average estimated salary in the United States for this career, based on job postings in the past year, is $85,364.

State

The average estimated salary in North Carolina for this career, based on job postings in the past year, is $88,757.

Percentiles represent the percentage that is lower than the value. For example, 25% of estimated salaries for Data Analyst (Finance) postings in the United States in the past year were lower than $71,369.

Education and Experience

Posted Data Analyst (Finance) jobs typically require the following level of education. The numbers below are based on job postings in the United States from the past year. Not all job postings list education requirements.

Education LevelPercentage
Associate's Degree2%
Bachelor's Degree59%
Master's Degree34%
Doctoral Degree2%
Other3%

Posted Data Analyst (Finance) jobs typically require the following number of years of experience. The numbers below are based on job postings in the United States from the past year. Not all job postings list experience requirements.

Years of ExperiencePercentage
0 to 2 years27%
3 to 5 years53%
6 to 8 years15%
9+ years5%

Skills

Below are listings of the most common general and specialized skills Data Analyst (Finance) positions expect applicants to have as well as the most common skills that distinguish individuals from their peers. The percentage of job postings that specifically mention each skill is also listed.

Baseline Skills

A skill that is required across a broad range of occupations, including this one.

  • Communication Skills (52%)
  • Microsoft Excel (41%)
  • Research (34%)
  • Teamwork / Collaboration (34%)
  • Problem Solving (33%)

Defining Skills

A core skill for this occupation, it occurs frequently in job postings.

  • Data Analysis (56%)
  • SQL (53%)
  • Python (35%)
  • Tableau (30%)
  • Project Management (23%)

Necessary Skills

A skill that is requested frequently in this occupation but isn’t specific to it.

  • Financial Analysis (19%)
  • Data Management (18%)
  • Economics (17%)
  • SAS (16%)
  • Microsoft Power BI (16%)

Distinguishing Skills

A skill that may distinguish a subset of the occupation.

  • Quantitative Analysis (7%)
  • Visual Basic for Applications (VBA) (6%)
  • Fixed Income (5%)
  • Econometrics (5%)
  • Predictive Models (4%)

Salary Boosting Skills

A professional who wishes to excel in this career path may consider developing the following highly valued skills. The percentage of job postings that specifically mention each skill is listed along with the marginal value: the average salary difference between postings that request that skill and those that do not.

  • Risk Modeling (1%) – marginal value $3,273

Alternative Job Titles

Sometimes employers post jobs with Data Analyst (Finance) skills but a different job title. Some common alternative job titles include:

  • Data Analyst
  • Senior Data Analyst
  • Quantitative Analyst
  • Data Analytics Analyst
  • Strategic Analytics Consultant

Similar Occupations

If you are interested in exploring occupations with similar skills, you may want to research the following job titles. Note that we only list occupations that have at least one corresponding NC State Online and Distance Education program.

Common Employers

Here are the employers that have posted the most Data Analyst (Finance) jobs in the past year along with how many they have posted.

United States

  • Wells Fargo (359)
  • American Express (319)
  • Citi (314)
  • Deloitte (190)
  • JP Morgan Chase Company (160)

North Carolina

  • Wells Fargo (62)
  • Bank of America (44)
  • Fidelity Brokerage Services (15)
  • Credit Suisse (13)
  • Ally Financial (11)

NC State Programs Relevant to this Career

If you are interested in preparing for a career in this field, the following NC State Online and Distance Education programs offer a great place to start!