Working in Finance

The Fintech sector (the technology with which we pay for goods, services and transfer money) is one of the fastest growing sectors.

Technology is constantly changing work in this sector. Trends like blockchain, mobile wallets and robo advisers will become fundamental technologies and as a result the new technology will boost the number of job openings for the following roles IT-professionals, Software and Mobile App Developers, Experience Designers and Big Data Analysts.

Fintech is also a keen adaptor of automated customer service technology, utilizing chatbots to and AI interfaces to assist customers with basic tasks and also to keep down staffing costs. Fintech is also being leveraged to fight fraud by leveraging information about payment history to flag transactions that are outside the norm.

We can expect to see growth in these areas: Sales and Customer Service | HR (human resources) Managers | Actuaries | Legal professionals | ICT experts | Accountants | Data Analysts | Business Intelligence Specialists | Management Consultants | Cyber Security Experts | Digital Marketing Specialists

Large companies in London include: HSBC | Santander | Barclays Bank | TransferWise | Funding Circle | Algomi | Blockchain

Types of apprenticeships include: Payroll Administrator | Solicitor | Assistant Accountant | Relationship Manager (banking) | Financial Services Customer Adviser| App Developer | Data Analyst | Experience Designer |Software Developer | Human Resources Manager

Routes in: Universities, colleges and training providers offer different routes into careers in this sector including degrees and apprenticeships. Most large companies have graduate schemes and many also have apprenticeships and school leaver programmes. Some smaller employers are looking for people with a broad range of business skills such as HR, Finance, Information Management, and Legal Knowledge.

Source: Financial Technology (Fintech): Its Uses and Impact on Our Lives (investopedia.com)