It’s indeed surprising that whenever someone mentions a typical foreign career opportunity, the average Indian immediately perceives it to be either something related to IT or something to do with a blue-collar job.
But as irony would have it, there are other domains that are as attractive and as quick to make a mark in, as an engineering or software job abroad. Banking is one such industry that has taken a huge transformation all across the globe. The way we do and expect banking today is tremendously different from what our parents lived by. It has become instant, fast-paced, real-time, digitally-savvy and seamless in many ways. Both the traditional and digital-native leagues of banks and financial institutions are jumping on to this new wave to tap and fulfill the new demand that is proliferating all over the world.
People are opening up to and desiring new financial products, services new interfaces, new models and new engagement windows. Augmented with globalization and changing geopolitical directions, this sector is witnessing massive expansion these days. There are so many new markets opening up and there are so many untouched segments that are now possible to be embraced for ambitious BFSI players, that their current workforce seems short in the face of the limitless potential lying out there.
The demand for the workforce is manifesting not only in numbers but also in the form of new skills and capabilities that are relevant to the new-age breed of banking careers. This is where Indian candidates bring forth a vast array of expertise and skills to fill in the many blanks that global banks are trying to plug as soon as possible.
So what are these International opportunities?
There is a new spate of opportunities available abroad, and at the same time, there is a sharp rise of careers in India that could end up going abroad. Attaining proficiency in new platforms like Artificial Intelligence, bots, Blockchain, app-economy and data analytics is a sure-shot way of getting a foot in the big door.
There is a huge basket to pick one’s desired genre from – digital banking, apps, asset banking, derivatives, mutual funds, analytics, risk analysis, tax and wealth planning, online platforms, SME financing, trade finance, financial advisory services, BFSI services and so on.
The new tide of job opportunities is not limited to multi-national banks but is touching the shores of even banks in the public and private sector, in consulting sector, in the topography of Non-Banking Financial Companies (NBFCs), and of course, on the lateral side – around equity research and parallel service market.
How to tap into these opportunities?
If one can garner an International exposure and leverage the opportunities available abroad after PG Diploma in Banking & Finance from reputed Institutes like TKWsIBF; then a prolific career is just a hop away for smart and capable candidates. With International guest faculty and web-streaming of lectures from the best of Institutes in the world, candidates will be ready to take on new global opportunities.
Not only that, there is a new array of internship options available wherein a deserving candidate can test the foreign shores with attractive exposure and grab chances of demonstrating one’s potential at work.
A versatile range of diplomas in vocational domains, post-graduate diplomas in specialized finance and banking terrains and education in niche areas of BFSI industry could mean an accelerated platform to catapult into International markets with ease and confidence.
It’s not all about qualification
What matters in carving banking careers with an international inclination is the focus on experiential learning and the right exposure. The level of expertise that international banking jobs need requires a package of mature skill-sets, the right attitude, exposure, poise, interpersonal flair, comfort with numbers and ability to adapt to swiftly-changing business scenarios. Deep-dives into projects, research works, presentations, etc., help immensely in the construction of the right portfolio of competencies. That said, there has to be a balanced combination of both technical and soft skills.
This decade is going to be a momentous and a defining one for the banking sector as it struggles and evolves to cater to the new world that is shaping up at unrelenting speed. Catch up before the train leaves the station. You never know which amazing destination it may be headed to.