Essential abilities required to operate in the Financial Services

Whether you’re a journalist or a data analyst in financial services, you’re always dealing with massive amounts of data. It takes a certain sort of individual to transform this deluge of information into usable insight. Here are some of the necessary talents.

Hunger for knowledge
Financial services positions require providing information or guidance, such as journalism, data analysis, and customer service for complicated systems. You must immediately become an expert on your area, thus you should be eager to absorb as much information as possible.

Collecting examples
Be diverse in your choice of extracurricular activities. In your leisure time, why not study a language if you are a scientific student?
Throughout the application procedure:
Try to enjoy learning about the firm, as you like learning. When given the opportunity, you should delve deeply, unearth things that pique your interest, and ask pertinent questions during your interview.
Be enthused about both the many topics you’ve learnt in college and the possibility of working for the firm.
2. market consciousness
Whoever works with financial data or financial news must be acutely aware of market dynamics and current with the most recent market moves. If you hear a piece of financial news, you should know immediately how it may effect the industry in which you specialise.

Collecting instances:
Read. Obtain business publications and develop a list of authoritative bloggers.
Keep an eye on trends. You should be able to debate industry news and articulate why you find it interesting.
Implement your discoveries. If you hear anything being discussed, investigate it further. Create a group conversation or even an argument.
Throughout the application procedure:
By the time of the interview, you should have a thorough understanding of the firm, including its major rivals, recent triumphs, and stock price changes. Start by Googling the Top 300 Employers for Graduates.
Do not ask your interviewer questions for which the solutions may be found online or in corporate reports.
3. Analytical talents
To convert facts to insight requires an analytical mind. Financial services are ideal for those who are irritated by imprecise numbers in the newspaper and would rather view raw facts. You should take pleasure in developing your own conclusions from your analysis.

If you are a student of business, a social scientist, or a statistician, you will have experience analysing statistical data. Consider past hard tasks and explain how you overcame them.
Analysis is not required to include numbers. A suitable example for your CV would be any essay in which you analyse the facts to pick and defend a conclusion.
Volunteer for jobs that need decision-making based on evidence, such as selecting a place for an event based on location, appropriateness, and cost.
You may be required to complete online exams to show your analytical abilities throughout the application process. You may find sample exams online and in books about vocations to assist you in understanding the sorts of questions you will encounter.
Examine the many career paths available in the financial services industry.

4. communicative abilities
In a data-driven business, communication is essential. As a journalist, you must have a writing style that can enliven even the most tedious financial report. If you provide customers with analytical tools, your counsel must be basic and straightforward.

Collecting instances:
Telephone employment, such as phoning alumni for contributions or working for a peer support line, improve verbal communication skills and boost self-assurance.
Join a student publication or take charge of a society’s website. Online promotion of an event demonstrates your excellent writing talents.
Do not hurry your application questions throughout the application procedure. Ensure that your responses are concise and well-organized. The same applies to your resume. Utilize the STAR technique: Situation, Task, Activity, and Outcome.
In your interview, talk clearly and with self-assurance, and make eye contact and use open, relaxed body language to connect with the interviewer.
Read seven suggestions for advancing in financial services.

5. Innovation
Expect to have your own duties early on in a career in financial services, even though you will have enough assistance from your coworkers. As a data analyst, for instance, you will have a certain industry to concentrate on and will be responsible for doing your own research.

Collecting examples
If you have a part-time employment, be on the lookout for methods to enhance the way tasks are performed.
Candidate for student government provides you the opportunity to utilise your initiative to effect good change.
Throughout the application procedure:
Large organisations’ application procedures give little room for innovation, so don’t worry too much about it.
Do research and submit your CV to a particular individual if you are sending unsolicited applications to smaller companies.
Collaboration
You are a pillar of the financial industry – not a competitive, lone wolf hedge fund manager, but a team player eager to encourage your colleagues and interact with other departments.

Collecting examples
Focus on teamwork-related issues during group tasks. You may record your ideas to utilise as interview examples in the future.
Consider instances in which you have done something as a group; what specific abilities did you bring to the table?
Applicants may sometimes be assigned team tasks to do throughout the application process. Remember that this isn’t about proving oneself to be the greatest member of the group; rather, it’s about achieving success as a team.
7. Customer support
To support the financial business, one must assist people and treat them as valued clients. Analysts respond to consumer inquiries, while regulators resolve particular issues. Relationships and customer satisfaction are the keys to success.

Collecting examples
If you have a part-time customer service position, such as in retail or in a call centre, ask your supervisor for comments. Also record instances in which you believe you provided exceptional service.
Volunteer to assist with prospective student campus visits. Spend more time researching the knowledge they are likely to need.
Throughout the application procedure:
Demonstrate your skill to connect with others. Find common ground with your interviewer, or inquire about their favourite aspects of working for the organisation.
And lastly…
As with any profession, employers will want genuine excitement. If you’re eager to get into market intelligence, you’ve already won half the fight. Bright Network can provide you with a list of available finance graduate jobs that are certain to advance your career.