fintech jobs Archives - Finance, Tech & Analytics Career Resources

The 5 Most In-Demand Skills In The FinTech Industry!

Posted on May 31, 2021March 21, 2024 by Imarticus

If there is one field that is growing at a rapid pace and which also has a lot of scope for students in India, it is fintech. Short for financial technology, it has revolutionized the way we manage our finances in a short span. Whether it is small-scale investments or corporate finance, fintech has managed to provide better solutions like mobile banking, wallets, UPI, and other IT-driven financial services.

This is the same reason why a fintech career is one of the most sought-after paths for aspiring students today. But with that aspiration comes the question of specialization. What skills to master? And what fintech courses to take?

Here’s help in the form of a starter guide about the 5 most in-demand skills in the industry.

1. Strong Understanding of Programming Languages

Knowing the basics of coding and having a working knowledge of at least one major programming language is essential to even enter the world of fintech.

And when you do enter, just knowing a language is not enough. A fintech career requires you to innovate in that language and come up with solutions to modern problems. This is only possible if you know the language (or languages) inside out.

Some of the most common languages used in fintech are JavaScript, Python, and SQL. You can learn more about them through easily available fintech courses online.

2. Mathematical and Analytical Skills

You have to be very sharp with numbers.

Some people have a natural way with numbers and that is expected in any student who wants to make it big in the fintech industry. In addition to accountancy and bookkeeping skills, you also need to be strong with charts and graphs and mathematical analysis. Tech tools involved in fintech are extremely useful and knowing how to use them even more critical.

3. Blockchain Skills

An intermediate-level expert in blockchain has a better chance of nailing a fintech job interview than a financial expert. Why?

Because fintech companies are looking for talent who have a bend with technology. Since blockchain is considered the next big thing in online security and privacy, experts in the subject are in demand.

This makes blockchain a hot skill and something that you should study on the side as you prepare for your fintech career.

4. Cybersecurity Skills

Another in-demand skill for your fintech career is related to cybersecurity. This is obvious because security is one of the most crucial aspects of fintech. A company creates a mobile wallet app, and one of the most important things it needs to ensure is the safety of its users’ private information.

With the constant threat from hackers looming, companies need to make sure that their products are secured with top-notch technology. This is where your cybersecurity skills come into play.

Knowing existing security standards such as the FIDO alliance, two-step verification, strong authentication, and other related concepts then becomes paramount.

5. Machine Learning and Deep Learning

Last on the list is machine learning, which is one of the most in-demand tech skills in general. The world is still trying to make communication between computers and humans free-flowing, and having one more expert getting involved in it is a welcome move.

If you are a finance student, it would be good to expose yourself to such tech concepts as you try to build a fintech career in India.

The recent change in the high school education framework of India further makes fintech an appealing path. This is because students can now take two more years to decide on their interests and start focusing on specific employable skills from early on. Start now and enroll in a fintech course today.

Keen to be a FinTech Expert? This program makes you think like a CEO running a FinTech company

Posted on May 21, 2021March 21, 2024 by Imarticus

FinTech is a relatively new field that has evolved rapidly over the past few years. Thanks to new start-ups and technological innovations by corporate giants, FinTech is changing the entire financial services models. It has generated a lot of interest and jobs for people keen on pursuing an exciting career in this industry.

If you are looking to build a career in Fintech, then this article is for you.

It covers a broad overview of FinTech, which includes:

About FinTech
Education qualification
Online FinTech courses
Skills required for FinTech career
Career path in FinTech
Future scope of FinTech

About FinTech

FinTech is a combination of two terms – financial and technology. It optimizes banks and financial institutions’ performance by assisting them in delivering quick services. It eliminates the need of relying on traditional methods by bringing a new dimension to the finance sphere.

People are increasingly turning online for everything. In the financial sector, this shift has given rise to digital banks, online payments, etc. These technologies make it easier for consumers to use their money from the comfort of their homes.

Due to its advantages, FinTech is becoming one of the fastest booming sectors of the economy and accelerating the ways the entire financial industry works.

Education Qualification

If you are interested in making a career in the FinTech industry, then the first step you need to take is to get a basic graduation degree. A degree with a specialization in marketing, computer science, mathematics, etc. would be a plus as it will provide you with a technical and analytical background.

Apart from the degree, a certificate course or diploma in FinTech would increase your chances of landing a good job in this industry. It is essential to have full-fledged knowledge about FinTech before starting your career journey in this domain.

Online FinTech Courses

Imarticus Learning offers a professional certificate in FinTech that provides hands-on training experience along with conceptual knowledge of this domain. The course teaches students through real-world case studies, cloud computing and blockchain projects, artificial intelligence, RPA (Robotic Process Automation), and interactions with FinTech experts.

The core modules of the program focus on broad coverage of the subject and include concepts like:

Introduction to BFSI & FinTech
Blockchain & Beyond
Cloud Computing & API Economy
Digital Transformation & RPA

The pro modules will provide in-depth coverage of payments & lending through concepts like:

Payments – Consumer and Wholesale
Lending – Consumer and Wholesale
Use of Technologies in Payments and New Business Model
Use of Technologies in Lending and New Business Model

The course will equip students with knowledge of various domains like Cryptocurrency, Machine Learning, API (Application Programming Interface), IoT (Internet of Things), etc.

Skills required for FinTech Career

FinTech is a dynamic space with new technologies coming up constantly. To become a successful FinTech expert, you need to possess certain crucial skills that will help you think like a CEO of a FinTech company. These skills include:

Analytical skills
Problem-solving skills
Decision-Making skills
Programming skills
Team working skills
Financial knowledge
Communication skills

The FinTech course in India will help you master these skills and provide you the ability to apply these skills in the real-world business environment.

Career Path in FinTech

There are a variety of job roles that you can take after successful completion of your FinTech course and/or gaining some experience in this industry. The career path includes:

Design Thinking Specialist
Digital Transformation Manager
Regulatory Affairs Counsel
Process Automation Lead Developer
Blockchain Strategy Manager
Cloud Infrastructure Architect
Chief Information Security Officer
Chief Product Officer
RPA Project Manager

Future Scope of FinTech

The FinTech industry is currently in its early stage. Over the years, it is going to widen its roles and scope. A report by PwC suggests that 84% of insurers will enhance FinTech partnerships in the coming 3-5 years span.

It will give rise to a lot of lucrative career opportunities in this industry. The developing ecosystem, controlling valuations, and shifting regulations are likely to shape a positive future of this industry. If you are looking to make a career in FinTech, this is the right time for it.

Related Article:

https://imarticus.org/want-to-start-a-fintech-career-heres-your-ultimate-guide/

How The Fintech is Transforming Everyday Life?

Posted on April 3, 2021April 1, 2024 by Imarticus

What is Fintech?

The Finance industry has undergone some massive transformations to improve the delivery of financial products and services to customers. The evolution within the financial services industry has been nothing less than phenomenal. One of the most impactful developments in this segment is the Fintech sector that has totally revolutionized the banking and finance industry.

Fintech is the amalgamation of finance and technology that helps to overcome all the challenges of the traditional banking sector. Fintech is among the most rapidly growing industry and the Best Fintech Course in India is in huge demand in the contemporary.

The Fintech industry is all about leveraging cutting-edge technology to solve traditional banking problems and help with financial inclusion. It is generally used by businesses to manage their day-to-day financial operations and processes.

It initially denoted the use of technology on the backend of financial institutions but slowly developed into a new segment altogether that is more effective in providing financial solutions to businesses and individuals. From retail banking to fundraising and investment management it includes all major aspects of banking and financial services.

Impact of Fintech on everyday life

Now that we have a fair idea as to what the Fintech segment is all about, let’s delve deeper into how Fintech is transforming everyday life.

Easy banking solutions

Gone are the days where people used to take a day off to conduct their banking-related activities. Long queues are a thing of the past and now one can easily avail all the banking features from the comfort of their home using their smartphones. Fintech has simplified banking and changes the way we operate altogether.

From making online payments for e-commerce purchases to availing loans with just a few clicks, Fintech has simplified our lives by transforming the banking segment. Personal banking-related services have been much more efficient and convenient to avail. You can even check your financial data at any time of the day.

Blockchain & Cryptocurrency

Cryptocurrency will shape the future of the finance and banking industry. The core technology at the heart of cryptocurrency is blockchain. Blockchain first became evident to the world when Bitcoin was introduced. Blockchain has other significant uses in the finance industry related to security and other purposes.

A cryptocurrency is a form of digital money that uses cryptography to secure transactions. Digital currency makes the transfer of wealth far easier between two parties. The highly decentralized nature of blockchain makes it almost impossible for users to cheat the system and carry out any fraudulent transactions.

Affordable investment advisors

The Fintech industry uses cutting-edge technology to overcome traditional financial challenges. Traditionally the investment advisory services were limited to high net worth individuals and businesses. A major reason for this was the high-fee structure of investment advisors.

The growth in the Fintech sector has made Robo-advisors more accessible and affordable to provide advisory related services by using sophisticated algorithms. Robo-advisors have shown significant improvement and perform equally well. In the coming future, more companies will deploy Robo-advisors to provide investment guidance to customers on a large scale.

Fintech is among the most rapidly growing industries as the demand for Fintech products and services is on the rise. Fintech provides a better way to do financial transactions and also does it economically saving time and money both for the customers.

Fintech careers are among the most sought-after career options in the contemporary and the demand for Fintech professionals will continue to grow in the near future.

One can opt for a Fintech course from reputed institutions like Imarticus Learning and gain practical knowledge and skills to excel at the job.

Imarticus Learning also provides a job assurance to the candidates with the top players in the industry.

How and Where To Find a Fintech Career in COVID -19?

Posted on October 19, 2020March 26, 2024 by Imarticus

Introduction

The fintech sector is witnessing a lot of upward mobility. They have completely disrupted the traditional banking services and are providing banking services right on the fingertip of customers. The recent Covid-19 pandemic has taken its toll on almost all the sectors. But, in the fintech sector, technologies are helping in automating the financial processes.

The employees can work remotely and can provide financial service to clients via online medium. There are a lot of start-ups that have launched themselves recently, they require IT & banking experts who could work with them. Let us see how one can find a fintech job amidst the Covid-19 scenario.

Where to find Fintech Jobs?

You can look for fintech jobs on LinkedIn which is a great platform. A lot of firms put their job requirements on this platform and people can apply themselves for any particular job role in the fintech industry.

There are a lot of job opportunities in the fintech sector, and you should keep searching on corporate social media sites. There is no need to be an expert in financial knowledge, there are a lot of other job roles in the fintech sector which need IT-experts. Fintech has adopted a lot of new technologies like machine learning, artificial intelligence, etc. They need deep-technology experts who can make better algorithms.

Tips for Finding a Job amidst Coivd-19 Scenario

• Keep yourself connected to the market. You can apply for jobs via LinkedIn, mail and you should keep doing it. Let people know your skills beforehand.

• Keep your business profile & C.V maintained. You can display your acquired skills on your profile so that people could reach out to you with a little bit of prerequisite.

• There are various job roles in fintech, make sure to analyze your skills and apply for that job role. It will help you in getting the job easily. Make sure you keep yourself updated with various job roles in fintech like Customer Support Executive, Software Developer, Financial Analyst, Data Scientist, Business Analyst, etc.

What to do?

• If you have a bachelor’s degree in finance, accounting, or economics, then it is best for you to go in the fintech sector. There is no compulsion of getting a degree to enter the fintech industry.

One can know more about the fintech sector via online Fintech courses available on the internet. Many prominent courses/certifications also come with hiring chances.

Make sure you have some education/certification before entering in the fintech industry, it will help in your upskilling.

• A job seeker in the fintech industry should analyze one’s skill set. Make sure that you have skills like analytical skills, programming skills, etc. One can also learn about machine learning, blockchain, deep learning, etc.

There are also jobs for cybersecurity in the fintech sector. The more skills you have, the more valuable you will be as an employee.

Trends in the Fintech Sector

One should be aware of the trends in the fintech industry if you are seeking for a job. This will help you in learning new technologies and be updated about the industry. Some of the latest trends in the fintech industry are:

• Platform as a Service (PaaS) is being adopted by many fintech firms.

• Usage of artificial intelligence, machine learning in automating processes like credit report generation, customer support, etc. It helps in cost optimization.

Conclusion

This is the right time to start building your Fintech Career. A lot of new companies and old giants are witnessing major growth. The fintech industry is predicted to grow at a massive annual growth rate of 24.8% until 2022. This was all about how one can find a job in the fintech industry.

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