Tag: fintech interview

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[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_link_target=”_self” column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_column_text]How to ace that FinTech interview

FinTech professionals are always in demand in the ever-evolving job market, however, employers are
often choosy about the candidates they decide to interview and the professionals they choose for the
designated job role. While understanding the candidate’s technical background and skills are a top
priority for most hiring managers, the candidate’s business skills and interpersonal communication
strengths are also taken into consideration by most. As an aspiring FinTech professional, you are
expected to understand the end-to-end working of a FinTech environment, perform over multiple
functions at once, exhibit your skills to your utmost confidence and multitask.

Here are a couple of tips to help you get through that impending Business Analytics interview:

Research the organisation

Walking into an interview without knowing details about the company, what it does and what sets them
apart from other companies in the same domain is perhaps one of the biggest blunders an interviewee
can make. Hence, always research first. Find their website and read up on their product and what kind
of services they offer. Understand what is it that they are offering to you and why do you want to take
up the opportunity, so that you can explain it to your interviewer.

Know about the job description

A job posting is extremely important for the candidate to understand what it is that the employer is
exactly looking for. Be clear what is the position you are applying for, if your interviews may be based on
technical knowledge or analytical skills. Identify the skills essential for the employer, brush them up if
you already have them; in case you don’t, be honest during the interview process.

Brush up your skills

You might have been working in the field of FinTech for quite some time now, however, it is important
to brush up your skills. Once you’re all set t go for a job interview, identify skills and techniques you
haven’t used in some time. Read up, gather as much knowledge as you can while you are at it, watch
videos on YouTube, take a certificate course or an online crash course if there’s dearth of time. It is
always useful to re-learn.

Prep for common interview questions related to your field

To avoid those sweat beads from appearing on your forehead every time you’re asked a question,
prepare in advance. Have a list of anticipated questions commonly asked during Fintech interviews. You
will be able to find online guides and blog posts on the internet that may help you with the same; also,
sometimes you come across tips that help you understand what kind of an answer a hiring manager
might be looking for to a particular question.

State the best of your professional abilities

While your technical knowledge is important along with the skill set you bring to the table, it is also
important to demonstrate your expertise as a FinTech professional. State examples of how you handled
difficult instances at work. It is important to showcase that you can function well as part of a team as
well as an individual.

Be confident even when you do not know an answer

In case you’ve been asked a difficult question to which you do not know the answer to, be confident and
admit that you do not know the same. Make sure that you don’t come across as arrogant but remember
to be confident to the best of your abilities.

Always remember that your role as a FinTech professional would be to ensure that your organisation is
running smoothly along with providing solutions to multiple problems, liaise with different departments,
exhibit exceptional management skills along with good communication abilities.[/vc_column_text][/vc_column][/vc_row]

Reading Time: 3 minutes

How to Prepare for a Fintech Interview

Interviews and nervousness come hand in hand. The moment the term interview
pops up, the heart rate increases and the brain starts feeling unwanted stress. Even
the slightest thoughts of entering the interview room give us chills! It indeed requires
a lot of hard work to excel in something, and the same goes for an interview as well.
But unnecessarily worrying about something is not the solution. It's like wandering in
a jungle with no sense of direction.

In the fintech industry, an interviewee is supposed to have a good understanding of
not only the financial but also a technical domain. Following is an approach that will
help you guide in the preparation for a fintech interview.

Step 1:

Be very clear with the requirements including the necessary and preferred
qualifications in the job description. If not enough information is available, conduct
research about the company and the job requirements.
Financial technology is a vast domain, hence a clarification about the job role is a
must!

Step 2:

Make it a habit to follow the news every day to stay updated with the ongoing
changes in the fintech industry. Follow online portals dedicated to fintech and make it
a habit to practice different types of questions every day.
Be thorough with the basic concepts pertaining to fintech. Pay more attention on the
practical aspects and how it can be applied as a solution to the real-world problems.

Step 3:

After the first two steps are done, there comes the time to go deeper into the actual
concepts. A good understanding of technology domains such as blockchain,
cryptocurrency, artificial intelligence, machine learning, virtualisation is a must.
Concerning the finance domain, a good knowledge relating crowdsource funding,
traditional banking, insurance, budgets are highly appreciated.
Having a practical experience along with the theoretical knowledge serves as an
icing over the cake.

Step 4:

During the interview, an interviewee should portray an inherent willingness to adapt
to the changes according to the needs of the organisation. There should be a zeal in
the eyes of the individual to learn about fintech and its applications.

Step 5:

A resume is vital for any job role as it is the first impression offered to an
organisation about an individual. So, make sure that you have an effective resume

that suits the requirements of the job well. Also, quote work experiences from your
resume relating to the fintech role you are applying for.

Step 6:

Apart from the work experience, ensure that you have valuable certifications relating
to the fintech field. It is very important for a newbie who is about to enter the job
industry.

Step 7:

Refrain from being a jack of all trades but master of none. It is impossible to know
everything about something. So, it does not matter if you do not know about
everything in the applying domain. But make sure you have relevant skills to perform
the required operations if selected for the applied role in the fintech domain.

Fintech abbreviated as financial technology requires people to have a good and clear-cut understanding of the financial and technological fields. When it comes to job
opportunities in the industry, it is vast. Since it is related to both the finance sector
and technological sector, there is a need for developers, skilled technical
professionals and cybersecurity experts. An individual having a good understanding
of banking, ledgers and currency management is also required. Hence, it is a field of
numerous applications and opportunities that calls for a really good understanding of
the job roles and relevant concepts.