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Ready to Break into the FinTech World? Here is What You Need to Know

Financial technology, commonly referred to as fintech, is the utilization of technology to improve the efficiency and ease of use in financial products and services. As technology advances at a rapid pace and consumer demand for mobile accessibility for personal financial management increases, there is a significant demand for talent within the fintech industry. Are you ready to break into the fintech world? Here is what you need to know:

 Specialties to Pursue

There are a variety of sectors within the fintech industry, so do your research to learn more about what areas you are most interested in and best align with your skills and natural aptitude. Blockchain development, artificial intelligence and machine learning, cybersecurity, app development, and data science are among the hottest areas to pursue with abundant opportunities.

Necessary Technical Skills

Some fintech jobs can be transitioned into more easily than others, depending on your background. Once you have determined possible area(s) within fintech to pursue, take an assessment of the technical skills required. Review job postings for positions you would be potentially interested in and determine the necessary technical skills and what you already possess, as well as identify any gaps in your current skill set that need addressed to make you qualified and marketable for the fintech roles.

In-Demand Soft Skills

Regardless of the fintech area you want to specialize in, there are certain personal strengths and characteristics that employers look for in addition to technical expertise. These soft skills can be what sets you apart from other candidates and makes hiring managers want to take a chance on you. The most in-demand soft skills to highlight on your resume and cover letter include: adaptability and learning new things quickly, problem-solving, collaboration, communication, and time management.

Education Opportunities

Gain the knowledge you need to break into the fintech world by completing education courses or programs to boost your resume. Depending on the specialization you want to pursue and how much relevant expertise you already have, you can take online certification courses or even more in-depth graduate programs to stand out to employers. You can also get your foot in the door and hone your skills through internships or short term assignments to network and build your experience until you land a full time position.

Achieve Your Professional Goals with IFG

Are you ready to explore new fintech opportunities? IFG can be a trusted resource for your job search needs. We are a premier accounting and finance employment agency, and can connect you with opportunities from top employers throughout the US and Canada. Contact us to learn more.