As a graduate, your first venture out of school is truly overwhelming. You have a goal at the top of the priority list however the question will always be; will it be what you expect and what happens in the event that you settle on the wrong decision? Examination and research is key and can help you a considerable measure in choosing what niche you ought to go for in life and/orfinancial services.
A sector that has been ignored by graduates in the last few years has been Financial Services, because of the mess an unregulated financial industry unleashed on us here in Ireland. But things are improving and the industry is expanding once again here, with new companies still coming to these shores.
In 2012, the International Financial Services Center (IFSC) praised its 25th year as one of the world's heading budgetary administrations fulcrums on the planet. With an expected 35,500+ jobs expected in coming years there's tonnes of opportunity, and the skills gained are also easily transferred abroad.
So where are the Financial services positions in Ireland?
The majority of livelihood in the Financial services industry area in Ireland lies over three general areas: insurance, fund administration and banking
Specifically, Ireland has turned into one of the main support investment administrations focuses in Europe, with a number of the world's leading brands having a vicinity here; for example, BNY Mellon, BBH, SEI to name just a few. With over 20,000 directly employed and more companies being added monthly, there are more and more graduate open doors in this sector including placements inside NAV Production, Accounting, Transfer Agency and Trustee.
It's not just the funds business that is developing in Ireland - Insurance, Payments, Capital Markets, Information Security, Outsourcing and Legal Services inside Financial Services have all seen a surge in recruitment as of late. Many functions in these companies train skills that are interchangeable between the Banking, Funds, and Insurance sectors.
For graduates of a more numerical nature the uplifting news is that the Financial Services industry is exceptionally quick to pull in you and your abilities as well. Roles include positions in Fund Accounting, Actuarial Analysts, Risk Analysts and Model Developers and Junior Quantitative Analysts.