With progressing times and trends, several fields are merging to make more efficient ones. A career in Fintech does just that by amalgamating the best of Finance with Technology. It may seem like a niche sector, but is more widespread in utility and demand than you think! From stock markets, investment banking, banking and insurance among several other sectors are the ones who are greatly benefitted by the streamlined approach Fintech has brought along.
There are several professions that are high in demand today, expected to be few of the most lucrative jobs in the future. Since the market is relatively new and emerging, you have a great opportunity to ride the Fintech wave to yo
ur advantage. Our career blog on Fintech is focused on providing you the information necessary to know about this industry.
Is Fintech the right career path for you? Let’s find out; read on to understand better!
Why Choose Fintech?
Fintech is an industry that is dynamic and filled with constant changes to fit the latest technological advancements along with finance compliances. This works to the advantage of those who love professions that are challenging and rewarding, never letting you reach a stagnation point. Choosing a Fintech-based job will always keep you evolving with the times, which is a great competitive advantage. Your future is bright and secure with high paying jobs and the growth potential. A person with a knack for financial analysis along with a keen interest in data crunching, machine learning and technology will flourish and thrive in this fast-paced industry. A few examples of career paths in Fintech would be development, designing, cybersecurity, business development and more.
Careers In Fintech
- Developers or Programmers: The developers are the backbone of the Fintech Industry. Without them, there would be no successful Fintech companies. Developers work from the top to bottom, building the roots of Fintech products and applications while ensuring it all runs perfectly. There are different kinds of developers who specialize in different programming languages or functions, for example:
- Full-stack developer
- AI developer
- Big Data Developer
- Block Chain Developer
- Data Analyst: Data Analysts and Scientists have a knack for powerful number crunching and compiling hoards of data into accessible information for the companies to use. It is also the function of data scientists to find errors and inconsistencies in data sets to provide a better customer experience. Data analysts have expertise in statistics, mathematics and finance which allows them to interpret and build a report for the managers to understand the areas of improvement and growth or potential mistakes to be avoided.
- Financial Analyst: A financial analyst helps an organization make better financial decisions by taking a 360-degree look at the company’s capital and investing data. Macroeconomics, global business, finance-related subjects and compliance are the fields of expertise of financial analysts.
- Cybersecurity Expert: Financial institutions such as stock broking companies, stock markets, banks and more need a fortified interface for seamless and secure financial dealings. A cyber security expert has the responsibility to ensure that the latest encryptions and barriers are in place to protect the customer and client from data theft and financial risks that hacking and malicious competitors may cause.
- UI/UX Designer: To understand what a UI/Ux developer does, look at your choice of financial application such as ET Money. The interface, processes, navigation and the transactions are all created, designed and executed by a UI/ UX developer. Designers bring together utility, aesthetic, convenience, concept designing, regular updates, debugging, and smooth navigation to fintech products, which requires a considerable amount of knowledge about government regulations.
- Risk Management Expert: Finance-based organizations have a certain amount of risk involved that needs mitigating. Even though fintech institutions have standardized operations, they are not immune to the risks that traditional financial sector organizations deal with. A risk manager creates strategies and policies to mitigate risks like audit, IT security, fraud, disaster recovery, third party risk, among others while creating a streamlined approach to deal with them.
To sum it all up, Fintech is one of the rising Titans in the economy and holds great potential waiting to be tapped into. If you’re looking for more career options after graduation, check out our career guides and info blog.
Interested in finding out more about the subjects raised on this page?
Simply click on the tags below to read related blog posts...