You might not know this; but there is more to financial services sectors than merely investment banking. That’s why you should take it upon yourself to look into the different roles in the financial services sectors, how much you can expect to earn, what skill you need and much more. It is only then that you’ll easily tell whether or not it’s the ideal career path to follow.
So, what is financial services sector? Well, the answer to this questions depends on who you ask. To cut long story short, financial services is merely anything that entails providing a service to the finance industry. Mostly, that means offering the data, insight and news financiers need to make investment and commercial decisions.
To better succeed in the financial services sectors without feeling the heat, it pays off to understand the available roles. In a nutshell, it encompasses journalism, reporting on the financial news of the day. It’s fast paced and create, so you need a writing style that can turn an industry merger into a snappy, informative article.
You should also focus on data analysis, collecting interpreting information about your specialist sector. Your insights give your clients vital background knowledge, or offer the basis for figures such as credit ratings. Other roles worth looking into include compliance, regulation, and technology.
As for your working day, it depends on the role you take on. In your first few years working as an analyst, you’ll concentrate on learning about your industry sector and the principles of data analysis. While you do you, you’ll be put to work on the routine tasks such as gathering data, updating spreadsheets and running finance models.
After about three years at the job, you’ll take on more responsibility for interpreting the data and passing on your insights to your clients. Your day will start quite early with a look at the latest news that affects your sector. Ensure you fully acquaint yourself with the role you decide to take up to have an easy ride the very moment you start working.
