The banking sector makes up a substantial part of our economy. There are approximately 2 million commercial banking employees. Those looking for a career in the industry would profit by using specific terms on their applications. Below are the most popular financial resume keywords for 2020.
Why are keywords important on a resume?
Employers use filters to seek out text on resume submissions. While applicants may have the desired experience, if they use the incorrect terms to describe it, they will never get the chance to meet the employer. Accounting and financial resume keywords consist of simple phases related to banking. Without them, an application may go unread.
For instance, Mary has a certification in Compliance. Yet, on her resume, she stated she had training in Regulation Conformity. The variation makes a big difference and possibly loses her chance of becoming hired. Keywords are not an exact science, but they can give a job applicant a promising start.
20 popular financial resume keywords
If you want a career in finance, consider using the following words where appropriate:
- Accounts payable
- Accounts receivable
- Analysis
- Acquisitions
- Asset disposition
- Cash flow
- Cashier
- Certified Financial Planner
- Certified Public Accountant
- Compliance
- Debt collections
- Equity
- Insurance
- Investment
- Payroll
- Profit and Loss management
- Revenue forecasting
- Teller
- Valuation
- Wealth management
Keep in mind that acronyms may not be on an employer’s radar. To give yourself the best chances, write out the words in full.
Obtaining a banking job without experience
If none of the keywords above apply to your job-related history, there may still be opportunities to work in banking. Generally speaking, financial jobs require that candidates have no criminal record, professional references, and good credit.
Additionally, those wanting to join the industry could gain access by:
– starting as an entry-level cashier
– obtaining certification in tax preparation
– applying for an internship
– enrolling in free educational classes within their community
– attending job fairs
Getting your foot in the door
Optimize your application by using specific text and financial resume keywords. While the job field is competitive, a streamlined submission will put you on the right path. Chances are, if your resume passes through the software filter, once the employer reviews it, they’ll be impressed. You have the desired skills to work in banking. All you need is to get your foot in the door.
