A recent
report by The Financial Express highlights a shift in the banking, financial
services, and insurance (BFSI) sector, emphasizing soft skills alongside
technical knowledge.
In the BFSI sector, the analysis of job postings reveals a strong
demand for specific skills among professionals. Communication skills are highly
valued, with 27 per cent of postings highlighting their importance, reflecting
the sector’s focus on customer-centric services and the need for clear
communication of complex financial information. English proficiency is also
crucial, noted in 10 per cent of the postings, emphasising the global nature of
business today. Additionally, eight per cent of postings seek analytical
skills, pointing to the industry’s reliance on data-driven decision-making and
the use of advanced analytical tools. This data underscores the evolving skill
set required in the BFSI sector to meet contemporary challenges.
Talking about the data, Sashi Kumar, Head of Sales, Indeed, said,
“The BFSI sector is undergoing a transformation, recognising the pivotal role
of soft skills in driving innovation, customer satisfaction and overall
organisational success. For employers, this study provides a roadmap to
attracting and nurturing well-rounded talent capable of navigating the
industry’s evolving challenges.
In addition to this, technical proficiencies also remain vital for
BFSI professionals amid the gaining prominence of soft skills. The study
identified accounting with 12 per cent as the most sought-after technical
skills. This is followed by Microsoft Excel and Microsoft Office with nine per
cent. Next, in the list is SAP with seven per cent. Sales with five per cent is
also considered as one of the most required technical skill. The list is
further followed by Microsoft PowerPoint, five per cent, and Agile
Methodologies with 4.5 per cent.To attract and retain top talent, the BFSI
sector is offering a wide range of benefits, including health insurance,
provident funds, cell phone reimbursement, paid time off, work-from-home
options, and commuter assistance. These benefits reflect a commitment to
employee well-being, financial security, and work-life balance.
Read more at:
https://www.financialexpress.com/business/banking-finance-if-you-are-looking-for-jobs-in-banking-and-finance-indeed-data-says-spoken-english-communication-and-analytical-skills-are-most-in-demand-3525608/