Skills Shortages a key issue for Financial Services Sector
Skills Shortages a key issue for Financial Services Sector

A shortage of people with a well rounded skill set , including role specific technical skills and in-demand soft skills represents a significant threat to the health of the talent pipeline in Financial Services a new report has found.

In particular data analytics , machine learning ,digital transformation and risk and compliance are the specialties where the greatest skills gaps exist ,the study by Financial Services Ireland shows.

The Financial Services Sector is aiming to make Ireland one of the top 20 global financial centres by 2025 and the study found that skills shortages will be the biggest challenge to achieving this objective.

The Financial Services Sector employ over 52,000 people and generates €19.3 Billion in GDP for Ireland.

The sector are planning to promote talent initiatives that increase the level of access to in-demand skills and mid-career employees will be targeted for ups killing and reskilling .

Employers in the sector must encourage greater diversity

If you wish to secure an interesting role in the Financial Services Sector in Ireland contact b4gmedia@icloud.com today for a confidential conversation.