Cleveland Oh Finance Jobs

Here’s information about finance jobs in Cleveland, Ohio, formatted for HTML:

Cleveland, Ohio, while often associated with its industrial past, boasts a surprisingly robust and growing financial sector. The city offers a diverse range of finance jobs, from entry-level positions to senior leadership roles, catering to various skill sets and experience levels.

Job Opportunities

Some of the most common finance job categories you’ll find in Cleveland include:

• Banking: Cleveland is home to regional banks like KeyBank and Fifth Third Bank, as well as branches of national institutions. Opportunities exist in retail banking, commercial lending, wealth management, and investment banking.
• Insurance: Major insurance companies, such as Progressive Insurance (headquartered nearby in Mayfield Village), have a significant presence in the area, creating demand for actuaries, underwriters, claims adjusters, and financial analysts.
• Investment Management: Several investment firms and wealth management companies operate in Cleveland, offering roles for portfolio managers, financial advisors, research analysts, and investment operations professionals.
• Corporate Finance: Many large corporations based in Cleveland, spanning industries like healthcare, manufacturing, and consumer goods, require skilled finance professionals for roles in financial planning and analysis (FP&A), accounting, treasury, and investor relations.
• Accounting: Public accounting firms, including the Big Four (Deloitte, Ernst & Young, KPMG, and PwC), have offices in Cleveland and actively recruit auditors, tax accountants, and consultants. There are also numerous opportunities within smaller, regional accounting firms.

Major Employers

Besides the institutions mentioned above, other key employers in the Cleveland finance sector include:

• The Federal Reserve Bank of Cleveland: Offers positions in research, banking supervision, and payment services.
• Medical Mutual of Ohio: A large health insurance provider.
• Eaton Corporation: A global power management company with a significant presence in the area.
• Sherwin-Williams: A leading paint and coatings manufacturer headquartered in Cleveland.

Salary and Cost of Living

Salaries in Cleveland’s finance sector are generally competitive, especially when considered in conjunction with the city’s relatively low cost of living. Housing costs, in particular, are significantly lower than in many other major metropolitan areas, allowing finance professionals to stretch their earnings further.

Education and Training

Several universities and colleges in the Cleveland area offer strong finance and accounting programs, providing a steady pipeline of talent for the local industry. These include:

• Case Western Reserve University (Weatherhead School of Management)
• Cleveland State University (Monte Ahuja College of Business)
• John Carroll University

Networking and Resources

Professional organizations like the Ohio Society of CPAs (OSCPA) and the Financial Planning Association (FPA) offer networking opportunities, continuing education, and career resources for finance professionals in Cleveland.

In conclusion, Cleveland presents a viable and potentially attractive market for individuals seeking finance jobs, offering a blend of diverse opportunities, competitive salaries, and a reasonable cost of living.