If you’re pursuing a finance career, you’ll probably know a thing or two about FinTech FinTech is defined as the evolving intersection of technology and financial services. These are companies that are able to capitalize on new technology to create innovative financial services for consumers and businesses. FinTech can include all sorts of companies that may operate in insurance, payments, asset management, and personal finance management.
Firms use FinTech technology to manage various financial aspects of their business, such as new software, applications, processes and business models.
FinTech Jobs For The Future:
Blockchain Developer– Learn the following programming skills if you are interested in becoming a blockchain developer:
- Hyperledger Fabric: Enterprise blockchain framework that uses modularity and scalability to support changing business rules.
- Ripple: Payment protocol for distributed payments, exchanges, and remittances.
- Solidity: Smart contract development on the network Ethereum.
Financial Analyst– As a financial analyst, you’ll be responsible for managing budgets against incoming income forecasts. You could be an analyst for a single division or the entire company, depending upon the size of the firm. Demand in this field is only going to grow with new financial services businesses on the lookout for financial analysts to manage their revenue. They’ll also need new graduates to work with clients to analyze data through the use of whatever startup or tool the company has built.
Blockchain Product Manager– The product manager oversees the design, architecting, and development of a decentralized blockchain network. This role requires being knowledgeable about strong data security and data control measures, user experience and integration models, and the creation of new profit centers and reduction of cost. They are now regularly required to handle the oversight of many FinTech products.
Cybersecurity Analyst– Financial services will always be a major target for online thieves and hackers which has led to the growth of the cyber skills security gap which is large. In FINTECH, demand is red hot for these workers.
Quantitative Analyst– With the rise in big data, quants are becoming more important in FinTech to devise models that can sort through the massive amount of data that are generated and automate them so that trading can be a mostly automatic process. “Quants” are the smart people that are behind the data-driving trading technology that large investment banks and hedge funds use to trade securities and analyze risk.
Data Specialist– Clients are becoming more proactive and want new financial services companies to give them more individual services, tailored to their needs. Since clients are more empowered by the internet and digital technologies, this will increase the need for data scientists, chief data officers, financial data analysts, and data analytics managers who are needed to sift through information that can provide more insights into their markets.
Compliance Expert– There will be more compliance experts, compliance officers, and compliance analysts working in these financial companies as the regulatory burden in FinTech grows. According to the Wall Street Journal, a compliance officer is one of the hottest jobs in the country.
Think about how any or all of these areas and FinTech jobs for the future will be in demand in the next few years and which ones you might be able to qualify for. Once you have an idea, start looking for college grants or college loans for high school students to see what kind of financing you can qualify for to plan your college or training.