The traditional banking and finance sector has been in existence for decades and has produced millions of jobs worldwide. However, it may not keep the same momentum in the future due to the rising popularity of cryptocurrencies and the blockchain field in general.
Experts are convinced that fintech will change the banking and finance industry like never before, and if you want to be a part of it, plan your career accordingly. The first step in this direction is to start learning about it without any further delay.
If you haven’t already been exposed to fintech, then it’s best to enroll in a top-rated financial technology course offered by a well-known platform. Doing so will help you learn the basics of fintech and make you understand various futuristic technologies and trends that are expected to transform the banking and financial sector forever.
Those of you who aren’t aware of the opportunities this field offers can have a look at some unique fintech career options as mentioned below. You can choose any of these career options based on your convenience and interest.
Technology makes financial transactions fast and convenient, but at the same time, it also exposes them to cyber fraud. As fintech becomes more common, the demand for cybersecurity professionals who can safeguard businesses from such cyber fraud attempts is going to rise significantly.
According to a study, more than 3.5 million cybersecurity jobs will be available for deserving candidates in 2021. So, if you are interested in entering the fintech field as a cybersecurity expert, this is the right to make a move.
Risk & Compliance
The governments across the globe have started integrating fintech in their financial systems directly or indirectly. While some banks have entirely transformed their processes, others have joined hands with third-party fintech firms to fulfill customers’ demands. They need experts to analyze and mitigate various risk and compliance-related issues that keep popping up regularly in both cases.
Building a career related to it includes analyzing trends to identify risks and compliance issues, developing various risk management strategies, keeping an eye on the latest regulatory requirements, and using KYC & AML (anti-money laundering) software to minimize the number of financial crimes incidents.
Blockchain holds the key to the future, be it the financial sector or non-finance sector. From records management to supply chain, healthcare, energy, identity management, media, and insurance, blockchain is expected to completely transform everything by 2030.
To fulfill such colossal demand, companies will want talented and skilled developers proficient in C, C++, Python, Java, Node.js, etc., to build robust blockchain-based processes and workflows regularly. If you are interested in exploring the fintech development field, this career option should be on top of your list.
QA (Quantitative Analyst)
Like traditional financial institutions that have analysts to handle share trading-related transactions, blockchain-based platforms also need highly skilled quantitative analysts, commonly known as “Quants,” to manage complex trading transactions.
These experts guide investment banks, financial securities firms, portfolio management companies, etc., in making the right decisions about pricing, market movements, and overall financial risk involved in every trade. If you love numbers and want to build a career in the blockchain-based investment banking field, then it’s the right career option for you.
These are just a few examples of the types of jobs you can find in the fintech field. There are dozens of other jobs as well that many companies keep announcing from time to time.
If you are excited to build a career in this field, learn the skills needed for such jobs. Many online and offline educational platforms can help you in this regard and ensure that you are well-prepared when the right opportunity pops up. Give them a shot and push yourself one step closer to your dream career.
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