Did you know?

The financial sector contributes highest value-add per worker - The financial sector employs just 5% of the total workforce in Singapore, but it accounts for 11.6% of the country's Gross Domestic Product!

The financial sector is experiencing strong growth in many areas and requires more manpower - this strong business growth is driving manpower demand not just in the front office and client-facing roles but also in risk management, middle office and back office functions.

Financial institutions need diversity of talent and variety of skills - While a banking and finance academic background is helpful, job seekers with other backgrounds such as engineering and mathematics are also sought after by financial institutions. Apart from academic background, work experience in diverse areas such as property, aviation, maritime, energy are also becoming much sought after as the reinsurance industry expands in these areas of specialization.

Key growth areas
Recruitment reports by headhunting firms like Hudson's, Robert Walters and Michael Page continue to highlight the sector as one with the highest growth and job demand, with opportunities across different business segments and functions. In particular, positions can be found in areas such as Wealth Management, Asset Management, Reinsurance, Risk Management, Middle Office and Back Office Operations. For more details on the Singapore's financial sector, visit our Singapore Financial Sector page.

Below are some of the key roles in demand. You can find out more about the opportunities that are available via the links provided below. You can also find out more about the job roles and the financial institutions with such job functions in Singapore's financial sector on the Gateways to Opportunities page of this website.

Do you have what it takes?

Financial Industry Competency Standards (FICS) - an industry benchmark
To raise the quality of Singapore's financial sector workforce, the Institute of Banking and Finance introduced the FICS - a comprehensive quality assurance framework with a certification and accreditation system that aims at raising the quality of our financial workforce and training providers. The framework covers the entire financial services industry and various job levels. To find out whether you have what it takes to succeed in the industry, visit the IBF website at http://www.ibf.org.sg/fics/overview.asp.

Training programmes to prepare you for the challenge
Singapore's robust training infrastructure comprise a comprehensive network of renowned training providers in the field of financial education to equip our financial professionals with the skills they need to meet the challenges of this fast growing sector. Tertiary institutions here such as the National University of Singapore , Nanyang Technological University and Singapore Management University offer excellent postgraduate programmes such as Singapore Management University's MSc in Wealth Management and many have leveraged the expertise of reputable organizations and leading universities such as Swiss Finance Institute and University of California, Berkeley . Other leading training providers such as FTC Kaplan and FT Knowledge are also established in Singapore to meet the demand for high end quality executive education. Go to our Maximise Your Potential page now to find out more about the avenues where you can enhance your skill sets in the areas of demand.