A Complete Guide to Careers in FinTech

Financial technology, or fintech, has been creating waves all over the world in terms of innovation and new employment opportunities. Fintech focuses on the use of advanced solutions to revamp conventional banking and financial services and introduce new services. Therefore, careers in fintech have become a lucrative option for professional development due to lack of skilled experts.

On top of it, the exponential growth in technological advancements also pushes the boundaries of growth for fintech. You can also build a career in fintech and capitalize on the numerous benefits of becoming a certified fintech expert. Let us take a look at the essential information you need to become a successful fintech professional.

Reasons to Start a Career in Fintech

The foremost reason to pursue a Fintech career is the opportunity to capitalize on the existing momentum in the Fintech market. Individuals with the right set of skills could capitalize on multiple career development opportunities. As the fintech landscape welcomes new startups and large corporations, it would become a favorable ground for professional development. You can explore opportunities to work in different roles in the fintech sector with lucrative salaries. For example, the average salary of a data analyst in fintech ranges from $90,000 to $140,000.

Aspiring candidates can find other fintech jobs with impressive salary packages, such as blockchain developers who can earn between $120,000 and $260,000. The fintech labor market serves promising opportunities for working in other roles such as fintech data scientist, quantitative analyst, and compliance officer.

Top Areas to Seek Jobs in Fintech

One of the most important aspects of a fintech guide for career development would focus on the top areas to seek jobs in fintech. The top areas for career development in fintech include,

• AI and machine learning.
• Data science and data analysis.
• Blockchain technology.
• Regtech and Insurtech.
• Payments.
• Cybersecurity.
• Crowdfunding.
• Peer-to-peer lending.

How Can You Land Up with Desired Jobs in Fintech?

The lucrative Fintech salary packages and rewards of professional development can encourage anyone to take up a career in Fintech. However, it is important to understand that you have to invest a lot of effort to achieve your professional development goals in fintech. You should follow an organized roadmap to build your skills and improve your exposure in the fintech job market. Here are the important steps you must follow to establish your career in fintech.

Identify Your Career Path

The first step in pursuing a career in fintech revolves around choosing your career path. Which job role do you want to pursue in the domain of fintech? You have to choose the right fintech career path according to your professional development goals. It would help you find the right direction for professional training and identify the skills required for the job.

Understand the Fundamentals of Fintech

Based on the career path you choose in the field of fintech, you have to develop some important skills. One of the first things you must learn in fintech is the fundamental concepts. You should use a basic fintech tutorial to explore the journey of evolution of fintech over the years. On top of it, you must also learn about the different technologies which drive new advancements in fintech. Furthermore, you should also learn about the impact of fintech on different industries and business use cases.

Professional Training and Certification

Once you have gained an in-depth understanding of fintech fundamentals, you must choose reliable, professional training courses on fintech. Subsequently, you have to select a professional fintech certification to prove your skills and knowledge for using fintech in real-world use cases.

Remember that you should choose a Fintech certification that helps you prepare for different careers in fintech with practical knowledge. Upon completing a certification training course in fintech, you must have the skills to help a business achieve its fintech transformation goals.

Conclusion

The demand for jobs in fintech is growing at an exponential rate and the skill gap in fintech continues expanding further. You can become a fintech professional and enjoy the rewards of a fintech career by working for startups or large corporations. However, you should choose a certification that helps you understand the effect of technology on financial services and different approaches for fintech innovation. Explore the details of online Fintech certification by 101 Blockchains and check whether it is the right pick for your career in fintech now.