Pros of a Career in Financial Services
Financial services is the umbrella term that encompasses a wide range of businesses and organizations. It includes banks, mortgage lenders, brokers, insurance companies and more.
Regulatory bodies are important in financial services as they help uphold the industry’s standards and protect consumers. Several independent agencies, like the Financial Industry Regulatory Authority (FINRA) and the Office of the Comptroller of the Currency, ensure that financial institutions operate properly and maintain the highest level of integrity.
Pros of a career in financial services
The financial services sector is one of the most exciting and growing industries. This is because it provides a diverse range of career opportunities and offers an excellent work-life balance.
A successful career in financial services requires a blend of hard and soft skills, including interpersonal expertise. You’ll find that your network of contacts can bolster your job prospects, as well as help you transition into a new career once you’re ready to move up the ladder.
You’ll also be able to work at a number of different locations, thanks to the global nature of many firms. You may even be able to relocate within your firm if you need to.
When you’re working in a financially services career, it’s important to be prepared for the long hours that are common in this field. In addition, you’ll have to deal with high levels of stress, as many jobs require you to work overtime or constantly be on call for clients.