The financial profiles that will be most in demand in the future
Although humanity is in a constant process of progress, changes are currently taking place especially fast and that means that both people and companies must adapt to the new environment as soon as possible if they do not want to be left behind.
This evolution is significantly affecting professional profiles. Some of those that already existed are becoming even more specialized and the demand from companies and individuals who want to contract their services is increasing, while others are totally new.
The role of the financial adviser today and tomorrow
Financial adviser is a profession with many years of history behind it. For centuries there have been specialists in charge of advising others on how they should use money. However, now more than ever the demand for the services of these professionals has skyrocketed.
The uncertainty caused by the covid-19 crisis has led households and companies to increase savings as much as possible in fear of what could happen. And now that there is money saved, businesses and individuals are wondering what to do with it to get the most out of it. Consequently, they turn to specialists in the field.
A survey carried out in the United States has highlighted that employment in the financial advisory sector will grow by 7% between 2018 and 2028, and it seems that these data can also be extrapolated to Europe.
Blockchain and cryptocurrencies are attracting the attention of both financial institutions and private investors, although currently there are not too many specialists in these matters. For this reason, those who already have training and experience do not have it difficult to find a good job, either as an employee or as an independent consultant.
States are at a time when they do not know very well how to face the challenge posed by cryptocurrencies, but it is clear that sooner or later they are going to have to do something about it. When these are better regulated, the role of Blockchain experts will become even more important.
There are already those who believe that these specialists are going to be responsible for the international financial infrastructure taking a 180° turn in a very short time.
Artificial intelligence (AI) specialists
AI is increasingly linked to the world of finance, so it is not surprising that job offers seeking specialists with skills in this area are growing day by day within this sector.
The expected investment in this field, within the banking and finance sector alone, will reach 5.6 billion dollars in the coming years. Financial institutions, both the classic ones and those in the Fintech sector, need to have tools that are capable of working with large amounts of data at the same time, that can assess risks and make their own predictions about the evolution of the market.
This requires very complex software that must be in constant evolution, that is when the figure of the AI specialist becomes truly important.
It is, neither more nor less, an expert in digital finance. In an increasingly digitized economic environment, this professional will end up dedicating a large part of his time to strategy work that provides added value.
The financial technologist is a profile that is taking its first steps. The idea is for him to be a true specialist in managing the different digital tools that he will have at his disposal, at the same time that he will have to know how to use them to manage the data well and design strategic proposals.
Finance departments are in flux. Little by little they are going to stop dedicating themselves to asset management to start dedicating themselves to data management. New technologies, and the new social and economic environment in which we find ourselves, are producing changes in the way of working in the world of finance. Changes that, in a short time, can become very profound.
Consequently, it is now that the new financial profiles are especially important, although they will have even more in the not too distant future.
Originally posted 2023-02-08 10:21:05.