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The Changing Nature Of The Finance Industry And Why Adaptability Is Crucial

    Home FLIP The Changing Nature Of The Finance Industry And Why Adaptability Is Crucial
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    The Changing Nature Of The Finance Industry And Why Adaptability Is Crucial

    By Flip | FLIP | Comments are Closed | 19 October, 2018 | 0

    There is no doubt that the FinTech Industry is booming, reaching its peak and growing exponentially especially in our region. In the recent years, the banking industry is weaved to technology in every way – the way you bank at your branch, the way you transact online, the way you think about money, the way you grow your money, all that stuff. So if there’s one skill every graduate should master to be able to grow in the FinTech Industry – it is your ability to adapt.

    Adaptability is indeed crucial in this field. So how do you think you’d nab a job in fintech? Read more and find out!

    Fintech candidates should be problem solvers.

    Always remember that you shouldn’t be bogged down by traditional IT practices in this industry. Even if you’re not the techie type, learn more on the business acumen and analytical skills and you’ll get ahead of them game. Focus on solving issues and always think out of the box.

    Fintech candidates should be fast learners.

    There will always be jargon on the technical IT side. The ability to try out new technologies connotes success. Experience with software packages are valued. You should be up to speed to financial news and economics obviously. Learn and deliver rapidly. Time waits for no one in this space as it changes at a rapid pace, people entering the sector should be able to adapt – quickly. Some organizations run training session and workshops for candidates. So establish your best self in the internships and career programs aimed for you.

    Fintech jobs are up and coming so keep up.

    Fintech is a buoyant new market. So candidates should be able to move at the same space of an up and coming technology. Keep in mind that every traditional financial company wants to be involved. So do your research so you can plan your move so you won’t be left behind. Becoming irrelevant is common across financial services. Those who can demonstrate adaptability gets it.

    Fintech candidates should be constantly curious.

    You should also take note of your soft skills and be able to distinguish if you have the curiosity and desire to challenge the status quo. It could sometimes compensate if you lack the experience! A curious mind can produce innovative ideas in this fast-paced and challenging environment.

     

    There is no need for financial professionals to despair, and graduates are looking at a market that is rife with new technology jobs, thanks to the expanding fintech sector – the competition in fintech is tight. The industry requires a new caliber of candidates who can demonstrate relevance as well as the soft skills that will fuel this thriving market further.

    Do you think you can make it to this space? Do you think you can adapt and be fit to this industry?  Are you ready to move at the same speed as fintech? Let us know in the comments section if you have more suggestions!

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