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Most wanted skills in Singapore’s banking and finance sector revealed

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According to the banking and finance industry in Singapore, online job postings for the banking and finance sector have grown by 40% in the first quarter of 2017 compared to the last quarter of 2016, and these job postings are estimated to grow even more than that by the time the second quarter of 2017 has concluded.

At the same time, not all jobs in the banking and finance world have as many open positions as others. There are some very in demand skills in the financial world in Singapore, skills that employers are looking for more than others.

If you are looking to build your career and your financial future in Singapore, especially in the banking and finance sector, you’ll want to make sure that you work on developing as many of these skills as humanly possible to land the dream job that you have been hoping for.

Focus on developing these skills and you’ll be able to fast track your financial success in the world of finance in Singapore!

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Nearly 20% of all online job postings in the financial world were looking for these abilities

Obviously, different specific position in the banking and financial world will require different specific skills, talents, and abilities, but industry research suggests that close to 20% of all online job postings in this sector are looking for skills like the following:

  • A mastery of the software solutions available in Microsoft Office
  • A proficiency in sales and marketing, with a proven track record for success
  • Real world communication skills and abilities
  • Interpersonal abilities that allow you to communicate with others with clarity and effectiveness
  • A foundational understanding of technical protocols and good practices in these industries

… And that’s just the tip of the iceberg!

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Technical skills aren’t important as “soft skills”

While the financial world definitely requires you to be on top of all current and future technology, tools, and regulations and protocols, employers in the banking and financial world are looking for those that have the skills as well as finally developed “soft skills” – the ability to sell, the ability to communicate, the ability to persuade, and the ability to lead.

If you are really looking to create the kind of career that gives you longevity in this industry, a career that will open up new opportunities for advancement, new responsibilities, and new chances to create your dream career and your financial future at the same time, you’ll need to make sure that you don’t overly focus on the technical skills that companies are looking for to the detriment of your “soft skills”.

You need to develop these to a fine degree as well, making sure that they are real strengths for you as you move forward. Banks and financial institutions will always be able to find someone with technical abilities. It is the people with amazing communication skills, sales ability, creativity, and leadership traits that are going to be hard to find and therefore tremendously valuable.

About Author

Morris Edwards is a content writer at companyregistrationinsingapore.com.sg, he writes different topics like Discover the Value of Humility in Leadership, Business and Life, SkillsFuture Singapore Will Formally Accredit National Service Skills and all topics related to doing business in Singapore and setting up company in Singapore.

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