Careers in Financial Services
Financial services is a broad term that includes a variety of economic services provided by the finance industry. These include accepting deposits and repayable funds, making loans, administering payment systems and trading, issuing securities, managing assets and offering advice.
The financial sector is a vital part of a nation’s economy and is responsible for the free flow of capital, liquidity and risk management. It also plays an important role in assisting governments with raising short-term funds and long-term funding to meet revenue and capital expenditure needs.
There are a variety of different careers in the financial services industry, all involving a range of different skills and expertise. Some of these roles are obvious, such as investment banker and loan officer, but there are plenty of other opportunities to get into this industry.
Insurance is an example of a service in this industry and it involves ensuring that your assets are protected against death, illness or accident. There are many different kinds of insurance and professionals will be able to advise you on which ones are best for you.
Asset management is another area of the financial services industry and it involves handling pensions, hedge funds and mutual funds. This is an area that is growing rapidly and can be very rewarding for someone who loves to manage money.
Financial services is a career that will offer you a range of exciting and challenging experiences, both in the UK and abroad. It is also a great way to develop contacts and make connections across a wide range of sectors, which can lead to career progression or a move to a different company or role down the line.