Financial services is a sector that encompasses a wide variety of firms and professionals. It provides many services that people need to manage their finances, from banking and lending to insurance and investment management.
Getting a job in this field depends on your interpersonal skills and education. You can start a career in finance with little more than a high school diploma or GED certificate, but you will need more to advance your career.
A career in financial services can be challenging and rewarding. It can help you develop important transferable skills, and there is always an opportunity to grow in the industry.
It can also be lucrative, as financial firms often promote from within based on their ability to succeed. The industry is a fast-paced and constantly evolving one, so you are likely to learn something new every day.
Financial services also require a lot of communication, and many roles involve selling products or providing advice to customers. For example, a mortgage lender may need to explain complicated loan terms and repayment schedules to their clients.
A successful career in this industry requires a good understanding of how to use data and technology to help your clients get the best products and offers for their needs. For example, if you are a bank, you need to be able to predict when your customers are at pivotal life moments so that you can offer them a product or service when it is most relevant.