The Banking world is an exciting place at the best of times. At present there has been a significant lift in the economy which in turn is leading to an increase in Finance jobs.
Below is an insight into the 4 most in-demand areas in Finance for 2018. If you would like more information on Finance jobs or to find out about what the market holds for you, then please get in touch with me.
If you are working in Compliance then you will be dealing with the risk of legal or regulatory sanctions, material financial loss, or loss of reputation that your company may suffer as a result of its failure to comply with banking laws and regulations.
Banks try to avoid all the above, which makes Compliance an essential function within the company. Therefore, having skills in this space is a big plus. What are the skills? AML (Anti Money Laundering), Risk Manager, Legal Compliance and Financial Compliance to name a few.
2. Financial Services
Financial Services professionals are involved with the investment, lending, and management of money and assets. This covers everything to do with Banking from getting a loan to investing and managing someone’s finances.
Financial Services positions are getting more popular due to an upturn in the economy, which means that there is more money out there and more job opportunities.
The FinTech industry involves the implementation of computer programs and other technology used to support or enable banking and financial services.
FinTech is a very interesting space for 2018 with several Finance companies coming onstream offering online or mobile lending services. As FinTech involves both Technology & Finance a mix of IT & Finance skills are required for these jobs.
4. Fund Accounting
A Fund Accountant is primarily responsible for all aspects of day-to-day accounting for one or more assigned funds and/or institutional funds. Major responsibilities include: prepare timely and accurate Net Assets Values, yields, distributions, and other fund accounting output for subsequent review.
From a market point of view, Fund Accountants are in high demand and the Funds Market is very buoyant. If you are finished a finance degree and wondering where to go next in your career, then this might not be a bad step.
At the moment the Finance industry in Ireland is booming, with a variety of jobs available across a broad spectrum of areas. For a more in-depth look at upcoming trends and for a full range of salary information, download our Banking & Financial Services Salary Guide for 2018.