In todays world, more and more companies are on the look out to employ financial consultants to effectively meet the accounting/investing needs of their corporation. Hence, job opportunities for a financial consultant are significantly on the rise. By becoming a financial advisor, one can set foot into the exceedingly dynamic sector of financial management and planning.
In the domain of financial management and planning one can find jobs such as a :-
Financial service provider
Whilst hiring a the following skills and capabilities are sought after by the employers-
In the highly dynamic field of financial management and planning a professional must have the ability to attend to detail, organise and handle multiple tasks together.
The capability to find out the logic behind a problem or situation is a must for financial consultants.
An upcoming financial advisor must be competent in the monitoring of securities, trading of money and analysing of the stock market. A Financial service professional must have the ability to recognise trends in the stock market and generalise from it, rationalise the reason behind the trends and predict the time period of these trends. This process is beneficial for both corporate and personal investors to make informed decisions.
A vital aspect of the domain of financial services is to help customers understand the market and to make secure and precise predictions. It is to be noted that making predictions about future trends is often indistinct and at times can be risky. But the skill of a good financial service professional is that he has the ability to foresee significant features of the market and has a good overall perception of issues that are likely to affect this market.
Assisting private investors is a major part of the work profile of a financial service professional. Hence the financial professional is expected to have specialised knowledge of tax laws, alterations that are probable to take place to the existing tax laws and influence of these changes on estate planning / investment.
A good understanding about investments/insurances/complexity of the stock market is a vital skill which is required in order to be a successful financial service professional.
Good communication skill is also another crucial factor for becoming a proficient finance professional.
The qualifications required to work as Financial Service Professional is a Bachelor’s Degree in Business Administration or Economics or similar. Additional knowledge of global markets and corporate finance, in-depth know how of economics and analysis of risk, trading in the forex market and commodities market is an added benefit.
These are the basic skills you ought to possess for exploring your opportunities in the wide arena of Financial Management and Planning and becoming a Financial Services Professional.