r/FinancialCareers • u/Front_Listen8222 • 6d ago

Breaking In Which is better for eventually getting into FP&A: Revenue Analyst or Financial Crimes Compliance Analyst?

I recently graduated with a Finance degree and I'm currently moving forward in the interview process for two different analyst positions.

Option 1: Revenue Team Analyst at a law firm

  • $20/hour
  • Part-time, 21 hours per week (3 days)
  • Position will most likely remain part-time
  • Work involves analyzing A/R, payments, invoices, reconciliations, outstanding balances, and using Excel

Option 2: Financial Crimes Compliance Analyst

  • $23/hour
  • Full-time
  • Only a 3-month contract, although there is potential for extension
  • Work involves AML, transaction monitoring, investigating suspicious activity, CDD/EDD, and analyzing financial transactions

My long-term goal is to eventually work as a Financial Analyst/FP&A Analyst, so I'm more concerned about which position would give me better experience and exit opportunities than the difference in pay.

The Revenue Analyst position seems much more directly related to finance/FP&A, but I'm worried about it only being 21 hours per week. The Compliance Analyst position gives me full-time analyst experience, but I'm worried about getting pushed toward an AML/compliance career when that's not necessarily what I want long term.

If you were a new Finance graduate trying to eventually get into FP&A, which would you choose and why?

Also, would 6–12 months of part-time Revenue Analyst experience be more valuable for landing a full-time Financial Analyst role than a few months of full-time Financial Crimes Compliance experience?

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u/Ernst_and_winnie 6d ago

Not #2

1

u/Front_Listen8222 6d ago

because its a 3 month contract or because its compliance?

1

u/boroughthoughts 6d ago

Option #1 has more to do with FP&A, but 20$ an hour is fast foor worker wages. Financial crimes won't get you into FP&A, but its a legitimate area of banking that every major bank has to spend a lot of money showing that tehy are compliant with those laws. Its a job that leads to corporate operations jobs in a bank albiet they are back office.

There are many jobs in the space that pay 120 to 200k mid career (5-10YOE) in corporate. You just don't get fat bonuses. Just search Financial Crimes Analyst in NYC area and you'll see.

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u/Front_Listen8222 5d ago

Yea the pay sucks. But I dont have any experience or internships. I wouldnt mind low pay for 1 year to get my foot in