Financial services are the basic economic services offered by the financial industry, which covers a wide assortment of firms which deal with money, such as banks, credit card companies, credit unions and mortgage lenders. With such a large scope in the world of finance , there are several employment options available in the financial industry. They include investment bankers, investment managers, investment advisors, financial planners, mortgage brokers, risk managers, and insurance underwriters. There can be a huge variety of financial services that people can get into depending on their education, skills, age, geographical location and also the kind of experience they already have in the industry.

Investing Managers are financial industry specialists who manage investments, both actively and passively. In order to be qualified to manage investments, they need to have extensive educational background and also vast experience in managing money. Some examples of individuals who might be employed by such a company include those working for Wall Street investment banks, boutique banking firms and more. The duties of a financial manager include advising investors, identifying suitable investment opportunities and ensuring compliance with securities laws.

Financial Analysts is individuals whose main function is to analyze financial data in order to provide investment advice to clients. Financial analysts can work in a number of different financial service firms including commercial banks, asset managers, stock funds and hedge funds. Some of the places where analysts can find employment include insurance companies, mutual fund companies, investment banks and more. It is not uncommon to find analysts working for government bodies such as the Small Business Administration or SBA. There are also opportunities available at think tanks, public interest groups, media outlets, and academia.

Financial Innovation is the process of coming up with new financial services or products. This can either be done through technological innovation or through creative innovation. Financial innovation is done through financial institutions such as banks or commercial banks, which sometimes give financial innovation grants to research companies. Examples of financial innovation grants can be the development of a new online banking system, technological innovation that would enable banks to provide enhanced customer service, or new software applications. There are also grants given out by government agencies to help develop new software applications or develop specific financial services.

There are several sub-sectors within the financial services sector. The sub-sectors are risk management, capital management, credit rating, and mortgage banking. The risk management sub-sector includes investment grade credit risk, non-risky rated credit risk and uninsured risk. The capital management sub-sector includes captive and sub-captive lenders, corporate and municipal banks, mortgage banking and more.

The last sub-sectors are international banking, market research and political economy, international economics, policy and banking, surveillance, and auditing. The international banking industry includes direct serving branches of major financial markets such as the European, Asian and US currencies, Debit and Credit Markets, Money Transfer and Settlement, and the Swiss Bank Account. The policy and economic sub-sectors include macroeconomics and monetary policy. Surveillance and auditing sub-sectors include risk management, litigation support and correction, and correctional service support.

The subprime mortgage crisis exposed the flaws in the financial system and opened doors for reform. Many new laws have been passed in the past few years to better protect consumers from predatory lending practices. In response to the subprime mortgage crisis, the banking sector has tightened its lending guidelines and has implemented stricter lending policies to try to get back on track. However, these reforms did not stop the financial crisis from continuing to affect the economy and financial markets.

The recent economic slowdown is another factor to take into consideration when looking at the changes to financial regulation in the United States. Lenders responded with new lending programs that helped to stoke the fire of the subprime mortgage crisis. However, financial institutions still needed additional assistance from government and regulatory requirements to prevent and stop foreclosures. The end result is that many homeowners were still left without homes and unable to meet their financial obligations. It is important for financial institutions to remember that government and regulatory requirements are designed to provide protection for financial institutions and provide the necessary guidelines to help them continue to serve the American public.