Careers in Fintech
FinTech With the rapid expansion of the Fintech sector, career opportunities for graduates looking to work in the sector continue to diversify as career openings develop in areas such as online payments, fraud detection, global financial services support, biometrics and evolving online payments systems.
Just some of the positions which Fintech employers are currently recruiting for include software developers and engineers, data analysts, security specialists and quality analysts.
What you need to know
You don’t need to be a financial expert to work in the Fintech sector; technology skills and an aptitude for using technology to solve problems are essentially what many financial organisations are seeking people for. Software developers, technical architects, designers and programmers are required to construct environments to host large volumes of data. Data quality analysts, information security specialists and investment data analysts are then required to manage, interpret, advise and act on the intelligence gained from this data. Knowledge of common industry operating languages like Java or Python is increasingly expected by employers.
Most financial employers will expect some knowledge of the environments in which they work, for example, knowing the difference between financial trading and portfolio management. However, if you have the aptitude and tech technology skills, most employers run robust training programmes to fill in the knowledge gaps. To give yourself an edge in an interview situation though, you must have a good understanding of the area in which you wish to work, an awareness of the technology used by your potential employer and why it is relevant to the sector. Fintech is fast paced and varied, but you’ll need to be able to work effectively and often under pressure, often managing large amounts of data on the technology end and making sound decisions on the financial side to reduce risk.
Communicating with others
You will need to be able to communicate your knowledge and information to others in the business, whether they are technologists, traders, brokers, support specialists or managers. On the other side of the Fintech interface is a client, who is the most important element to any employer. It’s vital, particularly if you’re working in an advisory or a support role, that you can communicate often complex information clearly and concisely to both colleagues and customer.
Getting the skills you need
If you’re studying finance, you’ll need to add to your technology skills, join a society or organisation which can help build these skills. There are great online tutorials for learning the basics of industry-specific operating languages like Java. If you’re studying IT, join a business society or group in a role which can boost your commercial skills. It’s all about displaying adaptability and employability to any employer. Also, try and secure an internship to give yourself some on the ground experience. Work experience in the sector is greatly valued by employers.
Visit gradireland.com for more careers advice and job descriptions for roles in Fintech.