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HOW TO START A CAREER IN FINANCIAL SERVICES IN IRELAND

HOW TO START A CAREER IN FINANCIAL SERVICES IN IRELAND

With the growth in Ireland’s Financial Sector, there is an increase in opportunities for employment in Financial services (FS). There are over 400 financial services companies in Ireland; some of which include State Trust, BNY Mellon, Blackrock, Citibank, Bank of America and Northern Trust.

About 48000 people are employed in this sector in Ireland; with only about 12000 outside of the Dublin area. However, with these great possibilities comes an increased competition for the job of your dreams. Starting a career in Financial Services in Ireland is no longer achieved by sending in an average CV and hoping for success. The people who get the best positions today go the extra mile to get noticed.

Here are some tips to help you stand out amongst the pool of candidates seeking jobs in the Financial Services space in Ireland.

GET YOUR CV UPDATED AND LOOKING SHARP

You may have heard this before but your CV is a representation of you. A well formatted CV with no grammatical error, dated correctly and with a keen attention to detail speaks volumes before you meet a recruiter or potential employer. Spend some time getting your CV up to par. There are lots of resources available online to help improve your CV.

DO NOT WING IT

We all need to have a clear direction of where we would like to go. It is important to have an end goal in mind before starting any journey. Would you like to be a Senior Fund accountant in 6 years? What entry level positions can you apply to in order to achieve that goal in a few years? Do not apply to every role you see. Read the job specification (job spec) to see if you meet the requirements before applying. A mailshot might give you a wide reach but does not necessarily guarantee success. We all appreciate a person who knows what they want.

A COVER LETTER GOES A LONG WAY

It can feel like a waste of time writing a cover letter for a job application. But this is the difference between a candidate who just wants a job and a candidate who is ready to go the extra mile for “the job”. Take some time to explain why you feel suitable for the position. Outline your hard and soft skills; and sell yourself before an employer even gets to scroll down your CV. Be mindful not to copy and paste the same cover letter to every employer. This task indirectly forces you to be mindful of the jobs you apply for. If we have to write a cover letter for each job application, we will take our time when selecting jobs we apply to. For tips on writing a good cover letter, click here

TAKE ONLINE COURSES

Looking to switch careers into FS, this is not unpopular these days. However, it is imperative to set yourself up for success. This is the digital age. There are free and paid resources available online. Equip yourself with knowledge. Take advantage of these lessons and improve yourself. Some of these courses offer certificates on completion.

INTERNATIONAL FINANCIAL SERVICES APPRENTICESHIP

The International Financial Services (IFS) Apprenticeship is an exciting new development for FS. This offer gives those wishing to begin a career in financial services a strong opportunity to learn while in employment within some of the leading companies in the country. A chance to learn and get some first-hand experience, earn some money and a professional qualification while improving your chances for a great future in the financial sector. Some participating companies include AIB, Allianz, State Street, Fidelity International, BNY Mellon and many more.

BE PROFESSIONAL AND PERSONABLE

So the best scenario happens and you get that call, remember that it takes 7 seconds to make a first impression. Be on your A game. Answer each question like you would in a live interview. Remember to be human and allow your personality shine through, while still being professional. Even though you are not always guaranteed a call back, you will feel better knowing you gave it your best shot. Give one hundred percent every chance you get. Success happens when preparation meets a good opportunity.

 

By Cheryl Scheffel – John

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