Careers in Financial Services
Financial services are the companies that channel cash from savers to borrowers, and help redistribute risk. Banks offer savings accounts and loans; brokerage firms provide investment opportunities like stocks, bonds and mutual funds; credit card companies sell cards, and insurance companies protect people against unforeseen risks like death or property damage.
These companies are highly interconnected and regulated by independent agencies designed to keep them transparent and accountable. But they can also be highly competitive with each other. As a result, the financial services industry is ripe for innovation and disruption from nimble start-ups that can scale quickly to meet demand.
The success of any financial services company depends on the ability to understand a customer’s needs and wants. This means knowing what products and services will be relevant to them at a given point in their lifecycle. It also requires building a high level of trust. Savers (both individual and businesses) want to know that their money is safe, that the advice they receive will be sound, and that the companies they work with will always treat them fairly.
With a variety of positions available, the career paths in the financial services sector are many and varied. Choosing the right role is important, however, as not all jobs pave the way for advancement to senior roles. This is why it’s crucial to talk to a Phyton Talent Advisor today about your next step in your career. We can match you to a job that fits your skills and interests, while helping you to grow into the financial services industry leader you want to be.